Why Korean clients work with us on Loan Agreement
The main visas for Korean in Thailand (LTR-Wealthy, Elite) need extensive certified paperwork â we chain translation + notary + MFA + embassy under one roof.
Key South Korea clauses (Governing Law, arbitration seat, FX) are aligned with applicable international law to minimise enforcement risk.
Format and language of Loan Agreement
Specifics adapted: South Korea residential address format, ID/passport numbering, currency KRW outbound limit USD 50k without filing; Shinhan / KB Kookmin branches in Bangkok ease compliance.
Issued bilingually (Korean/Thai) side-by-side or as separate originals per the destination authority's rules. Fee from THB 4,500.
Engagement & delivery
Stacks cleanly with: MFA legalisation in 1-3 days · South Korea Embassy filing · global EMS/courier delivery.
Stacks cleanly with: MFA legalisation in 1-3 days · South Korea Embassy filing · global EMS/courier delivery.
Cost & turnaround
Fixed-fee quotes, no hidden costs. We accept THB / USD / EUR and major crypto.
Total ~2 days; express 1-business-day available at +50%.
Document checklist
- South Korea passport valid âĨ 6 months
- Registered South Korea address (for use in the document)
- Counterparty / grantee details + ID copy
- Transaction details (value in KRW outbound limit USD 50k without filing; Shinhan / KB Kookmin branches in Bangkok ease compliance, term, conditions)
- Use case: Shareholder loan
- Use case: Bridge financing
- Current Thai visa/status (LTR-Wealthy) if any
FAQ
Can Loan Agreement be drafted in Korean?
Yes â issued bilingually (Korean/Thai) and reviewed by a native speaker before delivery.
What's needed to use it in South Korea?
Depends on whether South Korea is an Apostille party â we verify first; otherwise full legalisation on both ends.
What's the total cost?
Drafting from THB 4,500 + notary + MFA â typically THB 5,000-15,000 depending on page count.
How long does it take?
Draft 2 days + notary 1 day + MFA 2-3 days = ~5-7 business days total.
Can Korean clients outside Thailand hire NYC Legal?
Yes â via POA or digital signature notarised in South Korea, couriered to us to complete the chain.