There was a mention of using a Thai bank to finance. Has anybody here had any experience with any Thai banks and financing a home? I know a farang cannot own, but could a Thai wife buy in her name and use husbands income, with him as co-signer on the loan? I have been told the bank would only finance 50% in that case. Anybody have in info?

Buying is the best option with a lease for 30 years ( I should live that long), which by the way has to be renewed.
Average good house and properrty same size as m,y house 10-15 thou per month.
10 years 1.5 mill. this way no rent increases, no hassle with landlord, what ypou put in you can enjoy, do not forget you only rent the house and land NOT normally the inside bits and pieces.
Cheaper in the long run, you can enjoy it while you live, and yes you can either give it to the Thai person on the land deed or with a good lawyer get it sold and give the money to whomever, needs some legal work , but not too expensive.
Also means you can transfer house to another Thai if you so wish. worth the cash up front to protect your investment.
But bottom line up to you whatever you do be happy doing it.

Buying is the best option with a lease for 30 years

if married, lease can be cancelled one year after divorce.

Cheaper in the long run, you can enjoy it while you live, and yes you can either give it to the Thai person on the land deed or with a good lawyer get it sold and give the money to whomever, needs some legal work , but not too expensive.
Also means you can transfer house to another Thai if you so wish. worth the cash up front to protect your investment.

i would love to see an example of that in reality. more research needs to be done before investing in real estate. but i do have a very nice house for sale.

i realize the topic is 'good investment', as with any business relationship, and it will be a business relationship since you can not own the land. you need a trusted THAI business partner. do you have one, do you personally know one, would you give them 1 or 2 million baht in a bag, ask them to hold it for you and you'll be back in a couple hours. will they still be there. do you know the complete legal system and probability of winning a judgement, or worst, actually collecting that judgement if all things go wrong.

best of luck in your decisions, lots of research is needed. as with any investment, don't invest more than you can lose.

sgt wrote:There was a mention of using a Thai bank to finance. Has anybody here had any experience with any Thai banks and financing a home? I know a farang cannot own, but could a Thai wife buy in her name and use husbands income, with him as co-signer on the loan? I have been told the bank would only finance 50% in that case. Anybody have in info?

I did two years ago, financed our house on my income alone. We had to shop around, went to 3 banks before we got approved. The 1st bank we went to shot us down, the 2nd offered us 50% and 3rd approved us for 80%. It can be done, but don't know what percentage they're giving these days.

papaguido, sent you email. Thanks for the info. It is good to know that the financing can be done. Too bad we aren't all as rich as many think we are, and thank Buddha I have a wife that knows I'm not.