which of the thai banks(if any ) are most amenable to giving a mortgage to a farang with a thai wife for a property in thailand....we both work in uk and I am aware of farang property laws....It's just refinancing we're after. Please don't mention Siam City bank,Iv'e had better fun slamming my nads in a door
2007-11-27 03:37:51 · 3 answers · asked by Kevin o 5 in Travel ➔ Asia Pacific ➔ Thailand
hsbc require you to be resident F/T and will only lend in BKK and environs,UOB you need to be singaporean(Apparently)....still looking ,thanks for suggestions so far
2007-11-28 04:05:34 · update #1
update.....UOB do lend to other nationals,maybe there is hope yet.Or maybe one of rich guys fancies a bit of business,we're only after 2 mill local
2007-11-28 04:31:58 · update #2
Hi Kevin,
I keep hearing that UOB out of Singapore will do it the most reasonably. I've put their link below. Interested to know if true, I do think they'll lend just not sure how good the deal is.
Also here's a link to a guy on Thai Visa who is an expat that just got a mortgage with them: Quicksilva.
Laws for Americans are different in Thailand. We can own land outright as well as 9 buildings and the land they are on outright.
This comes from the provisions of the treaty of amity between Thailand and the US. This treaty has remained in full force throughout all the various coups of Thailand and this latest one as well. There was a small mention of this being rescinded at the start of this coup but to do so would mean the loss of the US properties and holdings of all the rich Thais in the US or in US corporations...
Thai holdings and interests in the US are vast. Needless to say that got nipped in the bud...
2007-11-27 05:31:31 · answer #1 · answered by spqr_us 3 · 0⤊ 0⤋
There are 2 banks, I believe are being very aggressive about market share. HSBC or Hong Kong and Shanghai Banking Corp., which has world wide branches and is expanding in Thailand. The other is Bank of Ayudhya which was taken over or merged with GE Money and is supposed to be pretty aggressive. I have posted the respective websites below. I have acquaintances at both banks in Bangkok but, not in the departments you need to contact.
I've heard its a headache to work with Thai banks. Good luck.
2007-11-27 06:36:37 · answer #2 · answered by gbdelta1954 6 · 0⤊ 0⤋
they all stink
just rent
2007-11-27 03:45:32 · answer #3 · answered by unclefred 4 · 0⤊ 0⤋