Buyer's Guide
Guidance for Foreign Buyers of Condo Units

Property Taxes in Thailand
At the time of transferring the title deed, taxes are to be paid at the Thailand Land Department. These below figures are valid from 29 February 2010 until present.

Remarks: Individuals and companies are subject to an ownership transfer fee of 2 percent of the sales price.

To Sell:

As an individual:

1.  2% transfer fee (based on the appraisal value)
2.  0.5% stamp duty (based on the sales price) 
3.  3.3% withholding tax. This withholding tax is available as a rebate against the taxpayer’s year-end personal income tax liability.

Remarks: Personal income tax are calculated based on the years of the ownership

As a company:
1.  2% transfer fee (based on the appraisal value)
2.  3.3% specific business tax (based on either the sales price or the appraisal value, whichever price is higher)
3.  1% corporate income tax

*Mostly, seller agrees to pay withholding income tax, specific business tax, stamp duty, and other expenses to be payable in the transfer of the title to the property. The parties agree to pay equally one half each of the registration fees therefor.