Financing
What international buyers need to know before buying a home in Thailand
What international buyers need to know before buying a home in Thailand
What international buyers need to know before buying a home in Thailand
Foreign buyers in Thailand have fewer financing routes than locals, but several practical options exist. Understanding them early helps you set a realistic budget and timeline.
A small number of Thai banks lend to foreign buyers, usually for condominium units with clear freehold title.
For off-plan and new-build projects, developers frequently offer installment plans instead of bank finance.
Many international buyers raise funds at home and transfer the purchase price to Thailand.
A few practical steps reduce cost and friction, whichever route you choose.
Typical loan-to-value of 50-70% of the appraised value
10-20 year loan terms, with interest rates above those offered to Thai nationals
A Thai work permit, long-stay visa or a Thai spouse strengthens the application
Proof of stable income, tax returns and international credit history are required
Deposit of 10-30%, then staged payments tied to construction milestones
Interest-free or low-interest terms during the build phase
Some developers allow installments to continue over a 2-5 year period after completion
Always confirm what happens to paid installments if the project is delayed
Remortgaging or releasing equity in an existing property
Secured personal or investment loans from your own bank
Private banking facilities against an investment portfolio
Funds must arrive in Thailand in foreign currency with a Foreign Exchange Transaction form for condo registration
Compare currency exchange providers: the spread often outweighs bank fees
Keep all transfer receipts and FET forms for the title transfer and any future resale
Budget 5-7% above the purchase price for transfer fees, taxes and legal work
Agree on the payment schedule in the contract before paying any reservation deposit
Our team helps coordinate the financial side of your purchase so that it is in order before the transfer at the land office.
Introductions to Thai banks that lend to foreign buyers
Review of developer payment plans and installment terms
Guidance on transferring funds correctly and obtaining FET documentation
A full cost breakdown covering taxes, fees and ongoing charges
Referrals to independent legal and tax advisers where required