Nice to meet you guys. I've read thru all your responses on this thread. Since you guys are experienced, I'd like to seek for your wise/supportive advice.

I've planned for migration with my family and we want to stay permanently in Chiang Mai, Thailand due to low cost of living there. Hence I've advertised on my property for sell since December last year. My property which has 5 years of locking period term is going to end by the month of July this year. Hopefully we can migrate there before end of this year. But I've heard rumors in fact it has come to the fact that currently, many buyers are having difficulties of getting home loans from banks and investors are 'Pulling Handbrake' due to the upcoming GST on next month.

On top of that, now Ringgit Malaysia drop tremendously against USD and Thai Baht. Let say I manage to sell off my property, settle off my outstanding balance with the current home finance, and assume that the remaining balance which I'll be getting back is (RM) 100K, if I'd like to convert and transfer those money via local bank here to my Thai bank account there, that is going to be pain in the ass and a suicidal case for me! Check this out...

As off today rates, 1 Malaysian Ringgit equals 8.79 Thai Baht.

(RM) 100K = 879494.01 Thai Baht (similar to the value of RM87,000)

Almost (RM) 30K are gone just like that! That's excluded Misc. charges from both sending and receiving banks.

So what should I do? Is there any better way to reduce such lost legally?

Your advice is greatly appreciated.

This post has been edited by tommy_thaitanium: Mar 20 2015, 02:08 PM