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SmartFAQ is developed by The SmartFactory (http://www.smartfactory.ca), a division of InBox Solutions (http://www.inboxsolutions.net)

What government taxes are levied when purchasing property in Thailand?
Requested and Answered by Authority on 05-Mar-2009 16:38 (1366 reads)
The taxes periodically change and we would suggest you email us for up to date information. At the time of writing there is tax of approximately 3.3% when the title is transferred in the case of a foreign-owned condo. This is based on a much lower Land Office estimate of the price of the condo rather than the actual sales price. There is also a further tax of 3% payable if the property has been sold in the previous five years.


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