Property Taxes in Thailand

Property Taxes in Thailand Property taxes in Thailand is usually split between the buyer and the seller. Speak to our attorneys about the cost calculations and who normally pays for each tax. These are the tax basics on property. When you buy property or any real estate in Hua Hin or Thailand you need to know beforehand who will be paying for what. The transfer fee is usually 2% of the registered value of the property.

This tax is usually paid for by the buyer of the property. The value of the property much like in the west is not the sale price but usually the registered value of the property as viewed by the government. You need to have your property attorney find the government value of the property first and work from there to give you an idea of the property transfer fees.

If the property is exempt from business tax then you need to look at  the Stamp Duty fees on the property. This is based on 0.5% of the value of the property. Much like above this value is determined by the government. This is usually paid for by the seller. The Witholding taxes are based on the sale price and this is usually 1% of the sale price of the property. The seller is normally also responsible for this tax. The business tax is also calculated on the sale value of the property. This is paid for by the seller and can be calculated online. See our online property tax calculator to give you an estimate of the taxes due.

If you have any questions about property taxes in Thailand then speak to our Hua Hin office and retain the services of one of our property lawyers who will take everything into account for you.

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