Condo ownership transfer documents for foreign buyers
Condominiums in Thailand are a favorite among foreigners. Both in terms of investment and buying for yourself, it can be called a retirement paradise. Not to mention the large number of people who come to work in Thailand. It is not surprising that in major cities such as Pattaya, Phuket, Chiang Mai, or Bangkok itself, Thailand is open to holding up to 49% of the foreigner quota. There will be many foreign buyers buying condos in half the building, or the maximum quota.
Although the document process for foreigners is much more difficult than that of Thai people, if all preparations can be made in advance, it's not at all difficult.
In terms of payment and documentation for buying a condominium, foreigners face more complicated procedures than Thai citizens. But the personal status of foreign buyers is fundamentally similar to that of Thai buyers.
Property 101 Thailand 101 would like to clarify the documents that must be prepared according to various statuses. of foreign buyers as follows:
Single Status
is a person who has never been married in a registered way.
In the case of foreigners reporting being single, it is the most popular way to buy condos in general. Just go like the Thais.There is no documentary hassle, and it is easy to conduct financial transactions as well.
The supporting documents for the transfer of condo ownership are as follows:
1. Passport photocopy
2. Copy of immigration stamp in Thailand or visa
3. Residence certificate (if any)
4. Non-Thai identity card (if any)
5. House registration (Thor.Ror.13) (if any)
Marital Status of Foreigners who marry foreigners (joint ownership by two people)
Those who live together as husband and wife without having to be of the same nationality. in the same family and registered their marriage legally, which can be registered in a foreign country or in Thailand.
In this case, both foreign buyers agree to buy together. This condo is owned jointly and is considered marital property. And there is no need to show up and verify yourself at the land office on the day of the ownership transfer. Both people can sign a power of attorney. The spouse consent letter for project staff to carry out the transfer can be substituted as in the general case, which is very convenient for foreigners.
The supporting documents for the transfer of condo ownership are as follows:
1. Photocopy of both people’s passports
2. Copy of each person’s Thai immigration stamp or visa.
3. Copy of marriage certificate If registered in another country other than Thailand, documents must be translated and legalized in Thai by an accredited translation center.
4. Spouse Consent Letter If there is no certified copy of the marriage certificate in that country.
When a foreigner buys a condo in Thailand, there is a condition that you pay for the apartment by transferring funds from foreign accounts. The buyer must transfer money by specifying the name of the transferor on behalf of both people because the sale of this condominium is jointly owned.
There is a condition for payment when a foreigner purchases a condo: to transfer funds from foreign accounts.
Marriage status of foreigners who marry Thais (joint ownership by two people)
is a couple living together as husband and wife. one of whom is a foreigner. One party is Thai. They are from the same family and registered their marriage legally, which can be registered in a foreign country or in Thailand.
In this case, both buyers agree to buy together. This condo is owned jointly and is considered marital property. And there is no need to show up and verify yourself at the land office on the day of the ownership transfer. Both people can sign a power of attorney. to the project staff to carry out the transfer can be substituted as in the general case as well.
The supporting documents for the transfer of condo ownership are as follows:
1. Passport photocopy
2. Copy of Thailand immigration stamp or visa
3. Copy of the ID card (not expired) of the Thai spouse
4. Copy of the house registration of the Thai spouse
5. Copy of name-surname change certificate (if any)
6. Copy of marriage certificate If registered in another country other than Thailand, documents must be translated and legalized in Thai by an accredited translation center.
When a foreigner buys a condo in Thailand, there is a condition that you pay for the apartment by transferring funds from foreign accounts. The buyer must transfer money by specifying the name of the transferor on behalf of both people because the sale of this condominium is jointly owned. It is one of the foreign ownership ratios (foreigner quota: 49%). Even if the spouse is Thai, you cannot pay in Thai baht.
Marital status between foreigners marrying Thai people (foreign ownership)
is a couple living together as husband and wife. One of whom is a foreigner, and one party is Thai. They are from the same family and registered their marriage legally. But foreign buyers want to own the condominium or this condo on only one side.
This is the case for spouses who agree to buy a condo. In which one party agrees that the ownership of the condo is the sole property of the other party. It is considered the personal property of the owner.
The supporting documents for the transfer of condo ownership are as follows:
1. Passport photocopy
2. Copy of Thailand immigration stamp or visa
3. Copy of ID card (not expired) of the Thai spouse
4. Copy of house registration of the Thai spouse
5. Copy of name-surname change certificate (if any)
6. Copy of marriage certificate If registered in a country other than Thailand, documents must be translated and legalized in Thai by an accredited translation center.
7. Certificate of personal property, signed by both persons.
This case is considered one of the foreign ownership ratios (foreigner quota 49%). Buyers must transfer money equivalent to the unit price from abroad only, unable to pay Thai baht.
Marital status between foreigners marrying Thai people (Thai ownership)
is a person living together as husband and wife, one of whom is a foreigner. One party is Thai. They are from the same family and registered their marriage legally. But Thai people want to own a condominium unit or this condo only on one side.
This is the case for spouses who agree to buy a condo. In which one party agrees that the ownership of the condo is the sole property of the other party. It is considered the personal property of the owner.
The supporting documents for the transfer of condo ownership are as follows:
1. Copy of ID card (Not yet expired)
2. Copy of house registration
3. Copy of name-surname change certificate (if any)
4. Passport photocopy
5. Copy of Thailand immigration stamp or visa
6. Copy of marriage certificate If registered in a country other than Thailand, documents must be translated and legalized in Thai by an accredited translation center.
7. Certificate of personal property, signed by both persons. The foreign spouse must sign this document at the land office in front of the officer only.
Because buying a condo as a foreigner in Thailand has conditions for remittance payments from abroad. If the buyer is a Thai person who does not wish to transfer money from abroad, they will pay in baht. Documents must confirm that this property is personal property and not marital property in any way.
Non-marital status (joint ownership by two or more people)
is a foreign buyer who buys a condominium or condo Ownership is shared by two or more people who do not have the status of a spouse. Individuals may be single, married, or have some other status.
In the case of joint ownership purchases like this For foreigners, there is no kinship relationship required. This is different from Thai people, who have to be related to each other in order to buy a condo.
The supporting documents for the transfer of condo ownership are as follows:
1. Passport photocopy of each person
2. Copy of immigration stamp in Thailand or visa of each person
3. Residence certificate (if any)
4. Non-Thai identity card (if any)
5. House registration (Thor.Ror.13) (if any)
6. Copy of marriage certificate If registered in a country other than Thailand, documents must be translated and legalized in Thai by an accredited translation center. of those with marital status
7. Spouse Consent Letter for those who are married
8. Copy of the ID card or copy of the passport (not expired) of the spouse for those who have marital status
9. Copy of the spouse’s house registration for those who have marital status
10. Copy of the divorce certificate of those who are divorced
11. Copy of the death certificate of those who are widowed
Caution is to certify that it is a true copy, the copy of the document must show the face and all letters and numbers, including the signature, must be clearly visible. It must be the same for every document.
Foreign buyers should be advised to have these documents ready and delivered in advance to project staff for officials to use in preparing other official documents such as a purchase power of attorney, a spouse consent letter, a personal property certificate, and so on.
Although the document process for foreigners is much more difficult than that of Thai people, if all preparations can be made in advance, it’s not at all difficult. After all, Thailand’s measures support tourists and foreign investors. until reputed to be at the forefront of Asia