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Money

Real Estate Finance in Thailand – Real Estate Loan – Mortgage

Thailand Real estate mortgage loan financing house condos

Real estate financing Mortgage – Real estate financing Thailand Foreigners in Thailand usually have no possibility to get a bank loan (mortgage) to finance a property. Although exceptions confirm the rule, the hurdles are extremely high. Applications for financing are gladly and politely accepted by the bank, even from foreigners, but after a few weeks…

Tax Haven Thailand

Tax Haven Thailand - living in paradise almost without taxes

Tax haven Thailand | Living in Thailand almost without taxes Holders of a Thailand elite visa are already given preferential treatment at the airport. You will be taken in a mini-mobile to the VIP counter of the immigration. Then you wait in the lounge for the airport staff to collect your luggage and you are…

Foreign Currency Exchange in Thailand – Cash Money

Currency Exchange in Thailand – Cash Money Changing Foreign Currency to Thai Baht Changing foreign currency to Thai Currency is possible nearly everwhere, but people did experience recently, that exchange rates at the Airport are not really good. Thai Cash Money ExchangeSo it seems to be better to change cash money in Bangkok downtown, Pattaya…

Bank Accounts in Thailand for foreigners

Thailand Bank Accounts for Foreigners Thai Baht Bank Account Foreigners can open a Thai Baht bank account in Thailand regardless they are residents or not. However for Non Residents the balance should not exceed 300 Million Baht. The bank account normally does not cost anything, but you have to pay a fee for the ATM…

International Money Transfer to Thailand and to abroad

International Money Transfer Sending Money to Thailand Wiring money to a bank account in Thailand is easy and not restricted. There are no limitiations at all. However please check the bank account regulations. If you want to buy a Condo in Thailand do not wire Thai Currency, only wire foreign currency. Why ? Answer is…

Personal Income Tax in Thailand

Personal Income Tax in Thailand Who must pay taxes in Thailand ? There is a difference for Residents and Non-Residents. A Resident is a person who stays in one calendar year more than 180 days in Thailand. A Resident must pay tax for income in Thailand and for income from abroad, if it is brought…