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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.
The baht (Thai: à¸à¸²à¸, sign : à¸¿ ; code: THB) is the currency of Thailand.It is subdivided into 100 satang (à¸ªà¸à¸²à¸à¸à¹). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of October 2014, the Thai baht ranked as the tenth most frequently used world payment currency.he issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of October 2014, the Thai baht ranked as the tenth most frequently used world payment currency.