Money Transfer: There are 3 options to transfer money
1. Set up local bank account in Thailand in the name of purchaser and forward funds into the account
2. Transfer funds to Sansiri account and Sansiri shall organize all appropriate paperwork/certificate.
3. In the case the property is purchased via a Thai company, transfers can be made directly to the company bank account.
Foreigners are required to remit at least USD 20,000.00 into Thailand per transfer to receive a FOREX Transfer Form. This form will be needed to transfer the unit under foreign ownership and also remit money back out of Thailand if so needed in the future.
Note : Conversion to Thai Baht has to be done in Thailand and not before transfer is made into the country. Furthermore, instruction on transfer must state for the purchase of property.