Page 72 - Introduction to Investment Laws in Thailand

notify the Competent Official on the name of the alien or juristic
person as specified in Section 19 together with the proportion of
space of apartments already owned by such aliens or juristic
persons, and the alien or juristic person who applies for holding
the ownership of apartment shall present the following evidence
to the Competent Official:

1. For the alien as specified in Section 19 (1),
evidence of being permitted to have residence in
the Kingdom under Immigration Law must be
presented;
2. For the alien as specified in Section 19, the
evidence of being permitted to enter the Kingdom
under investment promotion law must be
presented;
3. For the juristic person as specified in Section 19
(3), the evidence of being registered as the juristic
person under Thai law must be presented;
4. For the juristic person as specified in Section 19
(4), the evidence of obtaining promotion
certificate under investment promotion law must
be presented;
5. For juristic persons stipulated in Section 19 (5),
they shall produce evidence of bringing in foreign
currency into the Kingdom or evidence of
withdrawal of money from Thai Baht account of
the person who have residence outside the
Kingdom or withdrawal of money from foreign
currency account in the amount of not less than
the price of the apartment to be purchased.

Section 19/4 (quarter) Upon the competent authority
having received the documents and evidences under Section 19
ter and having examined and deemed that they are correct
according to the provisions of Section 19 ter and the ratio of
holding the ownership in apartment of aliens or juristic person
under Section 19, of those already holding ownership and those

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