If you are considering working long-term in Thailand, or you possess substantial savings or assets, you might be exploring the possibilities of obtaining a personal loan or mortgage.
If your goal is to purchase a home, a mortgage could be the ideal option to secure financing. On the other hand, if you plan to renovate your existing house or acquire a car and require financial assistance, a personal loan may be more suitable.
The good news, or not, depending on how you feel about borrowing money, is that in a bid to promote economic growth, financial institutions in Thailand have increased access to loans for foreigners.
However, as you can imagine, the loan conditions are fairly strict.
As a foreign national, you can get a mortgage on your dream home, or a loan to renovate.
How to Get a Loan in Thailand
Here is a list of the standard requirements for a foreigner wanting to loan money from…
