Question on land in wife's name

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Nereus
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Re: Question on land in wife's name

Post by Nereus »

Henry 14th wrote:Ok great, sounds simple enough.
Cheers.
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The form is called: "Thor Tor 3".
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HHTel
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Re: Question on land in wife's name

Post by HHTel »

The amount was increased in 2010 to 50,000 dollars (about 1.6 million). It's not a tor tor 3 any more. It was superseded by the FET (Foreign Exchange Transaction) form.

For the exchange of foreign currency in amounts less than 50,000 USD the bank does not need to prepare a FET form and therefore will not issue a FET form copy. In this case foreigners can request from the bank a confirmation letter for the transfer of foreign currency and exchange into Thai baht.

One thing to remember is that the incoming money must be in a foreign currency and not Thai baht.

Both documents are accepted by the Land Office
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