Your text for {$Name} has been sent. Yellowbook recognizes the importance of protecting your privacy. See our Privacy Policy. This service is free of charge and is for US calls or text messages only.
Foreigners generally cannot obtain a mortgage from local Thai banks to finance the purchase of their Thailand property investment. Most of the financial institutions in Thailand provide loans for real estate purchases to Thais and Thai Companies.here are generally two other options available to foreigners to finance their Thailand house or condo purchase. Historically, many foreign buyers had taken a mortgage against their property in their home countries. This is more difficult than ever given the economic crisis, yet still an option for some.
If you are working in Thailand, living in Thailand and running your own business there or if you wish to make investments in Thailand and need to get a bank loan from a local bank, then there are some prerequisites that you should know about.ny law firm in Thailand will be able to tell you that if a local bank is open to giving you a personal loan, the interest rates will be more or less competitive, given you meet all of the requirements and therefore, you should definitely shop around for loans with better interest rates.