"...The Bank of Thailand clarified yesterday that property including land and condominiums would be exempt from the reserve requirement on short-term capital inflows.
Foreign purchasers of condominiums can bring funds into Thailand to make purchases but buyers should clearly state the project name and unit number when remitting funds."
http://www.bangkokpost.net/breaking_news/b...s.php?id=115353
Real Estate exempt from new currency rules
Started by Sexpat, Dec 22 2006 11:55 AM
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