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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 currency of Thailand used not to be very strong, but with increased exports, a rise in tourism and more foreign investment, Thailand's currency has gone from being a low of 91 Baht to the UK Pound, to a high of 47 Baht to the UK Pound.