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Thursday, May 9, 2024

Can expats get a loan in Thailand?

PHOTO: Thai Baht by thannaree via Freepik

As an expat living in Thailand, you may have often wondered, “Can I get a loan as a foreigner in Thailand?” Maybe you’re eyeing that lovely condominium in the heart of Bangkok, dreaming of a shiny new car, planning your dream tropical wedding by the beach, or thinking of sprucing up your home. And naturally, you’re looking at loans to make any of these things a reality. The good news is that foreigners can get a loan in Thailand. However, the conditions can be strict.

Here’s how you can get a loan as a foreigner in Thailand.

What are bank loans in Thailand?

PHOTO: rawpixel.com via Freepik

Banks in Thailand offer a number of financial services, including personal and business loans as well as credit card facilities for individuals. These services are also available to foreigners who have established a living and working base in…

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