Immovable Property Conveyancing Tax

Real Property Tax
standard conveyancing tax rates

The taxes and fees imposed and collected upon transfer of ownership of a real property (condominium apartment, land, house, land and house) in Thailand are: transfer fee, specific business tax (if applicable), stamp duty (if applicable), income withholding tax.

Land Ownership Registration by a Thai Married to Foreign National

Land Acquisition
by Thai national married to a foreigner

A Thai national married to a foreign national may acquire land in Thailand but it must be assured that the land will be a personal property of the Thai spouse and not a joint asset between husband and wife based on marital property laws.

Property Tax Land and Building Tax

Thai Property Taxes
Land & Building Tax (2020 onwards)

Thailand no longer levies the old “Housing & Land Tax” (and the Local Development Tax). Since 1 January 2020 every plot of land and every building is subject to the Land & Building Tax Act B.E. 2562 (2019). The applicable band depends on actual use; rates are applied to the Treasury appraised value (not to rental income).

Selling my condo - who pays the transfer tax?

Hello, We are planning to buy a condo in Thailand. How much transfer tax must we pay as foreign buyers? What are the yearly property taxes in Thailand?