Welcome to Thailandblog.nl
With 275.000 visits per month, Thailandblog is the largest Thailand community in the Netherlands and Belgium.
Sign up for our free e-mail newsletter and stay informed!
Newsletter
Language setting
Rate Thai Baht
Sponsor
Latest comments
- Cornelis: See also: https://www.maxmeldpunt.nl/topic/korting-pensioen-abp-na-hertrouwen/#
- Cornelis: It is indeed true that ABP is the only one to reduce your pension in the situation mentioned. The catchphrase of the ABP website: You get
- Peter Albronda: Dear Eddy, thank you for your prompt response. I live in Haren, near Groningen, and am therefore Dutch. That NL does not have a 'reciprocal a
- Rudolf: Quote Khoen: You can no longer use payroll tax credits, but you also no longer pay social security contributions, no contributions
- Henk: Walter, your son should just talk to diving gym owners and ask if there is a job available
- Henk: You are wrong twice: a yellow house book is not a property document but only proof that you are registered at a certain address.
- Eric Kuypers: George, that reduction of almost 100 euros per month, what does that mean in return? I can't imagine that there's nothing in return
- Geert: I always use Google Translate. It is still the most accurate. Keep in mind that Google Translate everything first
- lung addie: Dear Peter, I am a radio amateur and have a license in Thailand. My assigned callsign is HS0ZJF. I am very active
- Eric Kuypers: Khoen, is that so, your last sentence? Anyway, read it here: https://www.siam-legal.com/realestate/Usufructs.php I see usufr
- Ger Korat: You can fill your entire house with your partner's belongings, as long as you are not married and both have their own homes.
- Ger Korat: The last thing Koen writes is not correct: if you are married and do not live together, you will still receive 50% of the minimum wage as A
- George: ABP will be the only pension fund to reduce the pension. In my case with a small amount less than 100 euros per month. Take c
- Khoen: Thai law provides that foreigners are not allowed to work. Certainly not if it is a “forbidden” profession such as
- Arno: Actually strange, a Dutch person may pay for the house, but could not have a house in his/her name, so he has a yellow house bo
Sponsor
Bangkok again
Menu
Arrivals Bangkok Airport
DOSSIERS
Learning objectives and topics
- Background
- Activities
- Advertorial
- Diary
- Tax question
- Belgium question
- Sights
- Bizarre
- Buddhism
- Book reviews
- Column
- Corona crisis
- The Culture
- Diary
- Dating
- The week of
- Dossier
- To dive
- Economy
- A day in the life of…..
- Islands
- Food and drink
- Events and festivals
- Balloon Festival
- Bo Sang Umbrella Festival
- Buffalo races
- Chiang Mai Flower Festival
- Chinese New Year
- Full Moon Party
- Christmas
- Lotus Festival – Rub Bua
- Loy Krathong
- Naga Fireball Festival
- New Years Eve celebration
- Phi ta khon
- Phuket Vegetarian Festival
- Rocket festival – Bun Bang Fai
- Songkran – Thai New Year
- Fireworks Festival Pattaya
- Expats and retirees
- state pension
- Car insurance
- Banking
- Tax in the Netherlands
- Thailand tax
- Belgian Embassy
- Belgian tax authorities
- Proof of life
- DigiD
- emigrate
- To rent a house
- Buy a house
- In memoriam
- Income statement
- King's day
- Cost of living
- Dutch embassy
- Dutch government
- Dutch Association
- News
- Passing away
- Passport
- Retirement
- Drivers license
- Distributions
- Elections
- Insurance in general
- Visa
- work
- Hospital
- Health insurance
- Flora and fauna
- Photo of the week
- Gadgets
- Money and finance
- History
- Health
- Charities
- Hotels
- Looking at houses
- Isaan
- Khan Peter
- Koh Mook
- King Bhumibol
- Living in Thailand
- Reader Submission
- Reader call
- Reader tips
- Reader question
- Society
- marketplace
- Medical tourism
- Environment
- Nightlife
- News from the Netherlands and Belgium
- News from Thailand
- Entrepreneurs and companies
- Education
- Research
- Discover Thailand
- Opinions
- Remarkable
- Calls
- Floods 2011
- Floods 2012
- Floods 2013
- Floods 2014
- Winter prices
- Politics
- Poll
- Travel stories
- Travel
- Organizations
- Shopping
- Social media
- Spa & wellness
- Sport
- Cities
- Position of the week
- The beach
- Language
- For sale
- TEV procedure
- Thailand in general
- Thailand with children
- thai tips
- Thai massage
- Tourism
- Going out
- Currency – Thai Baht
- From the editors
- Real estate law; and
- Traffic and transport
- Visa Short Stay
- Long stay visa
- Visa question
- Flight tickets
- Question of the week
- Weather and climate
Sponsor
Disclaimer translations
Thailandblog uses machine translations in multiple languages. Use of translated information is at your own risk. We are not responsible for errors in translations.
Read our full here disclaimer.
Royalty
© Copyright Thailandblog 2024. All rights reserved. Unless stated otherwise, all rights to information (text, image, sound, video, etc.) that you find on this site rest with Thailandblog.nl and its authors (bloggers).
Whole or partial takeover, placement on other sites, reproduction in any other way and/or commercial use of this information is not permitted, unless express written permission has been granted by Thailandblog.
Linking and referring to the pages on this website is permitted.
Home » Reader question » Would you like to take out a home loan in Belgium if you live in Thailand?
Dear readers,
Is it possible to take out a home loan in Belgium if you live in Thailand and have been deregistered from Belgium?
If that is not possible, is it possible to take out a loan in Thailand to buy real estate in Belgium?
Regards,
Karel
Editors: Do you have a question for the readers of Thailandblog? Use it contact form..
Karel, every bank or investor that lends you money requires security; security in income so that you can pay the installments, and security that, if you do not pay, something can be seized. A mortgage can serve as security, but there must be collateral of value to be able to recover principal, interest and costs from the proceeds in the event of a forced sale. Or do you have a very wealthy guarantor who wants to guarantee you?
To start with point one, in Thailand you, as a farang (at least I assume because you don't write what your nationality is) cannot buy real estate. Buying land is not an option and a house, which is actually a pile of stones, is not collateral because it can become the property of the owner of the land through accession, the Dutch word.
Regarding point two; Yes, I think that is possible, but can you find a bank that is willing to embark on that adventure? I don't give you much of a chance.
At most you can look for a wealthy private individual who is willing to take a chance on what you can offer as collateral and/or on your blue eyes. I think it is difficult to find such a benefactor….
I agree with Erik, but would like to add:
A rich private individual is rich for a reason: nothing for nothing. If you find such a “benefactor” it will also come with a (hefty) price tag.
If you want to borrow money as a foreigner in Thailand, there are conceivable situations in which this is possible.
The first requirement, however, will be that you have a work permit and a history with the bank in question.
No work permit / no loan, unless you secure the equivalent of the loan with the bank.
The question then arises whether you want a mortgage if you actually pay interest on your own money...
As a non-Thai you cannot add land to your name. This is only possible in the name of a Thai, for example a wife.
Whether this is wise must be considered on a case-by-case basis.
I certainly don't agree with the often heard statement that Thai women are not trustworthy gold diggers who will get you into trouble at the first opportunity.
I am fortunate enough to own some real estate. It's all in my wife's name.
Don't be convinced to set up a company to house the land/house. This construction is not legal, unless it concerns an active and functioning company. A company that only houses a piece of land and a house is not permitted.
However, as with so many things, it does happen. Lawyers are eagerly working on this.
The problem, however, is that when the government takes a closer look at this, non-Thais will be left empty-handed with such a construction.
Apartments can be purchased in the name of a non-Thai, provided the apartment falls within the non-Thai quota.
Dear Karel,
– Borrowing money as a foreigner in Thailand to purchase a home in Belgium will not be possible, certainly not through official channels. You can try it at your Thai bank. The problem will be that Thailand does not have the legal means to seize your Belgian property.
– as a deregistered Belgian, taking out a mortgage loan in Belgium for the purchase of real estate will, in my humble opinion, not be possible either. Possibly a private loan, but that will not be easy either
It is best to ask this question to your financial institution in Belgium,
Briefly:
No and no.
No financial institution is going to lend you money under the circumstances, not in Belgium and certainly not in Thailand!