> For the complete documentation index, see [llms.txt](https://mantix.gitbook.io/mantix-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mantix.gitbook.io/mantix-docs/about-mantix/problems.md).

# Problems

A foreign buyer does not have a bank account in the country of purchase so they cannot use an exchange or OTC desk to liquidate their crypto and receive fiat in the foreign country.

The buyer faces restrictions sending fiat from a bank account in their home country to the seller located in the foreign country.

Under the Thailand Condominium Act, if a foreign buyer wants to own a condominium in Thailand, they must remit foreign currency into a Thai bank via TT (telegraphic transfer). The TT note must contain the buyer’s name and condo unit number to be purchased. Due to these requirements, there are no prior competitive options to use crypto to purchase a Thai condo.

Lastly, any solution must navigate existing laws. The use of cryptocurrency for purchasing goods or services is banned in Thailand.