How do foreigners pay for properties purchased in Thailand?
Buyers should always transfer foreign currency into Thailand and this is a very easy process. The buyers local bank will provide a receipt of the transfer and this should be faxed immediately to the recipient so the transfer can be traced and confirmed. Typically 10 15 % is paid when signing and then the balance at an agreed date but any reasonable amount from the ATM can secure property in the short term before you arrange funds transfers.
