When you decide to buy an apartment in Thailand, one of the first questions will be - how best to send money for purchasing property abroad.
There are several payment options. Here are the most popular ones:
- Cash payment.
- When converting currency to baht, you will lose 2.5%. In addition, when exchanging money to local currency, the bank does not issue a FET (Foreign Exchange Transaction) certificate confirming the legality of this operation, and without it you cannot conclude a purchase and sale agreement. Therefore, you will have to purchase it separately, which is approximately 1-1.3% of the property value.
You can withdraw cash from a bank card at an ATM in Thailand. There are limits: you can withdraw up to 50,000 baht per day through an ATM, and up to 150,000 baht at central offices.
The safest and least expensive method is to transfer the amount to our company's account. For this, a purchase and sale agreement and an invoice for the transfer amount are prepared. The transfer must be made exclusively by the buyer/buyers, in whose name the chanote (ownership rights) will later be registered. In this case, the FET (Foreign Exchange Transaction) certificate, proving the legality of the money transfer from abroad for purchasing property in Thailand, will be provided free of charge to the buyer. This certificate is necessary for registering ownership under the foreign quota. The bank commission for the transfer is approximately 1.5% of the amount.
The fastest and most economical payment method is a transfer to our partners' account in Russia, to Russian banks. This usually takes just a few minutes. As soon as they receive rubles to the account, we recalculate into baht at the online exchange rate and confirm receipt of the amount in baht. As a rule, the rate at online exchangers is much lower than the bank rate. In this case, you also need to purchase the FET form. But ultimately, the savings are significant.
We accompany our clients at every stage of the transaction, and our company guarantees reliability. If you have any questions, write to us
