What are the procedures for buying a house in Thailand?

1. After the buyer and seller determine the final sales price and intention, they need to determine the payment time in time. At the same time, the buyer needs to pay the room deposit to keep the reservation.

2. The buyer will receive a deposit payment receipt and a file stating that the specific apartment room has been reserved for the customer after the buyer pays the booking deposit by transfer.

3. On the payment day, both parties sign the purchase and sale agreement. At the same time, all necessary documents for the purchase of the house must be confirmed. The detailed list is as follows:

Seller:

a. The identity document of the seller;

b. Thailand owner: ID card + real estate certificate

c. Foreign owners: passport and valid visa

d. Thai company owner: a full set of company registration files (provided by the Thai government, the file is issued within 3 months, preferably within 1 month), the company chairman's ID card or passport

e. No debt file: This file indicates that the purchased apartment does not have any debts, such as property fees, utilities, etc. The seller will obtain the file from the apartment management property.

f. (If necessary) the letter of authorization and the identity certificate of the agent.

Buyer:

a. The buyer’s identity document;

b. Foreign Exchange Transaction Form (FETF certification file) issued by a local bank in Thailand;

c. (If necessary) the letter of authorization and the identity certificate of the agent.