Working abroad can also buy a house.

How to Apply for a Home Loan If You're Working Abroad


For those who regularly work in Thailand, whether full-time or freelance, you probably already know the various steps involved. But have you ever wondered if someone working abroad can apply for a home loan? The answer is yes, but it's important to prepare yourself and thoroughly research the information.

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Is the Workplace Reliable?



The credibility of the overseas workplace is one of the primary factors banks and financial institutions consider when deciding whether to approve a loan for Thais abroad. Some Thais may work abroad illegally, so it's not uncommon for officials to scrutinize this matter strictly.

If you work for a Thai company with branches in that country, you can apply for a loan as usual. However, if your primary income comes from working for an organization, restaurant, or office abroad, the loan officer's income consideration will be halved.

However, when working abroad, you should open a Thai bank account and deposit money into it monthly for at least one year. This will facilitate bank loan approvals, as it provides evidence of transactions in Thailand.

Another factor is your salary and length of employment, which officials will use as supporting evidence. This is similar to applying for a loan in Thailand.

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Find information about financial institutions that offer loans for Thais abroad.


Currently, there are many financial institutions offering loans to Thais abroad, making it easier for Thais working or living abroad to purchase a home in Thailand. Therefore, it's important to compare loan amounts, interest rates, and repayment terms from each bank to find the best offer.

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Proof of Income


When a bank grants a home loan to a Thai abroad, the bank bears significant risk due to the relatively high amount of money involved. Therefore, supporting evidence and documents to verify the financial status of the Thai applicant is crucial.

Therefore, applicants for a loan for a Thai abroad must build confidence among officials by gathering as much evidence as possible, including employment contracts, employment certificates, tax returns, and all transfer documents. If you have assets abroad, such as a house or car, bring the sales document as a key document for consideration when applying for a home loan in Thailand.

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Important Documents Required for Loan Applications for Thais Abroad


Identification Documents

- National ID Card (with copy)
- House Registration (with copy of all pages)
- Copy of Marriage Certificate, Divorce Certificate, Name/Surname Change Certificate (if applicable)

Full-Time Occupation

- Salary Certificate/Payslips for the past 3 months
- Bank Statement for the past 6 months

Freelance Occupation

- Trade Registration, Company/Partnership Registration Certificate
- Tax Payment Evidence (Purchase/Sale Receipts)
- 4-5 Business Photos
- Bank Statement for the past 12 months
- Copy of Professional License
- Other Financial Statements (if applicable)

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Article Source: DD Property: https://bit.ly/3FL2Cw8