Buying a Condo in Thailand — Foreign Quota 49% + FET in Krabi
Foreign quota up to 49% per building, funds wired in from abroad with a Foreign Exchange Transaction (FET) form
Small but well-priced market — studios THB 6-10k, 1-bed sea-view THB 12-22k, 3-bed private-pool villas THB 28-55k. Try Krabi Property Group or SiamCondo.
Recommended places & options in Krabi
Krabi sits on the Andaman coast — 25% cheaper than Phuket, ~8,000 expats (Swedish, German, British). Krabi Airport offers direct flights to 6 countries. Suited to quiet families and long-stay travellers.
- Aonang Cliff Beach
- Centara Anda Dhevi Suite
- Banyan Sea View
- Krabi Riviera (villas)
- Saichon Mansion
- Lanta Sand Resort (monthly)
Krabi-specific tips
- 1
Koh Lanta is 35% cheaper than Ao Nang — great for digital nomads
- 2
Sign before November — high season pushes rates +40%
- 3
Truck shipping from Bangkok runs THB 8-15k
General steps (5 steps)
- 1Project due diligence
Request Foreign Quota letter to confirm 49% still open / get Nor Sor 4 Jor title / check encumbrances / review juristic person financial statements
- 2Sign Reservation Agreement
Pay 50,000–200,000 THB deposit / specify 14–30 day due diligence period / refund clause if title check fails
- 3Wire funds from abroad
Open a Thai non-resident account or use existing offshore funds — wire with purpose 'Purchase of Condominium Unit XX' so the bank issues the FET form
- 4Due diligence + sign SPA
Lawyer reviews contract + Land Office search + chain of title + outstanding charges — sign Sale & Purchase Agreement + 20–30% down payment
- 5Transfer at Land Office
Both parties attend the Land Office + pay 6.3% transfer fees + receive title deed in your name — completed in one day
Top neighbourhoods in Krabi
- Ao Nang (sea-view)
- Krabi Town
- Koh Lanta (retiree/digital nomad)
- Noppharat Thara
- Nong Talay (quiet)
- Koh Phi Phi
Scandinavian (Ao Nang), German (Krabi Town-Nong Talay), British/Australian (Ao Nang-Koh Lanta)
Frequently asked questions
How much does buying a condo in thailand — foreign quota 49% + fet cost in Krabi?
25% cheaper than Phuket · Ao Nang sea-view at premium. National benchmark: Closing 6.3% + agent 3% + lawyer THB 20,000–50,000.
Which neighbourhoods in Krabi are best for expats?
Top picks: Ao Nang (sea-view), Krabi Town, Koh Lanta (retiree/digital nomad), Noppharat Thara.
How long does buying a condo in thailand — foreign quota 49% + fet take?
Standard timeline 30–60 days including due diligence. Krabi is similar — NYC can pre-book to complete in a single day.
What about internet and getting around in Krabi?
500 Mbps-1 Gbps fiber THB 690-990 · 5G in Krabi Town-Ao Nang. Transit: Cars/motorbikes — limited Grab, songthaew Ao Nang-Krabi Town THB 50, ferry to Koh Lanta THB 250.
When is the best season in Krabi?
Tropical — rain Apr-Nov (SW monsoon), high season Dec-Mar
Can I buy land?
No. Bare land is reserved for Thai nationals. The narrow exception is a BOI-approved investment of THB 40 million held for at least five years, which permits 1 rai for residential use. Condominium units, by contrast, can be held freehold in a foreigner's own name within the 49% quota.
What is the FET form and why is it needed?
The Foreign Exchange Transaction form is a bank certification proving the purchase funds were remitted from abroad in foreign currency and converted in Thailand. The Land Office will not register a foreign freehold transfer without it, and it is mandatory for every inbound transaction of USD 50,000 or more.
What if the 49% foreign quota is full?
Your options are a registered leasehold of 30 years in your own name (commonly written as 30+30+30), or purchase through a Thai company that genuinely trades. Nominee shareholder structures have been actively enforced against since 2022, so take Thai legal advice before choosing the company route.
Buying a Condo in Thailand — Foreign Quota 49% + FET in other cities
More 🏠 Housing & Property topics in Krabi
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