This article hopefully helps you with basic information on condo apartments and the rules of purchasing here in Bangkok. Like many flourishing modern cities, Bangkok has been experiencing a population surge.  Its stable economy draws investors from around the world, as well as locals who fill the city’s job market.  Urbanization has been rampant in Bangkok; it should be of little surprise the level of activity of apartment sales and purchases. Continue reading →

Requirements for Foreigners Purchasing Condos

The 1991 Condominium Act dictates that all expats or foreigners purchasing condos must transfer funds from overseas, in foreign currency (not Thai baht). You then need to obtain a “Foreign Exchange Transaction Form” certificate from the beneficiary bank, for each transfer. All original certificates must be presented to the Land Department to register the condominium into records. Continue reading →

Bangkok’s skyline is impressive. During the day, high-rise buildings and towers dominate the horizon far as the eye can see, and night brings thousands of twinkling lights scattered from down to up high. Bangkok’s economic progress and its popularity as a tourist destination has brought in investors and business people from around the world who seek to build on the city’s growing success. You will find a very wide variety of condos for sale in Bangkok. Continue reading →

In years past, political events in Bangkok have raised concerns about whether the country could recover from the any trouble if a crisis did emerge. Stand-offs between “red shirts & yellow shirts” and government  temporarily shake the nation and somewhat affects the country’s tourism industry…. for how long… a few weeks?  Although months pass before the effects on Bangkok’s economy are noticed; Thailand watchers say there is little or will be there any major change in the real estate market. This is the story of Thailand; something happens, it changes, and then “sabai-sabai”. Continue reading →