Below is a table of the different transfer taxes in Thailand to be paid to the Land Department in relation to the purchase and sale of property. Some fees are either handled solely by the seller or the buyer or shared by bought. It depends on the Sales Purchase Agreement.

Property Transfer Taxes in Thailand

  • Transfer Fee 2% over the appraised value of the property
  • Business Tax 3.3% over the registered (sale) value or appraised value (whichever is higher)
  • Stamp Duty 0.5% over the registered value
  • Stamp duty is exempt if Specific Business Tax is charged.
  • Business tax consist out of 3% business tax + a municipal tax of 10% assessed

Speak to a property lawyer in Thailand as the process does become complicated.

Specific Business Tax : the seller’s duty
Stamp duty : the seller’s duty
Transfer fees : the buyer’s duty or shared
Withholding tax : always the seller’s duty

Note: You may contact the Land Office to ask about the registered value of the property as most of the time this is different from the actual market value. The registered value is most of the time under declared so this is an important consideration in the computation of fees.

Your lawyer can assist you with negotiating with the seller for certain taxes to be paid so to save yourself from paying unnecessary taxes. Always check with an attorney in Thailand as there are property scams in Thailand as well as property codes which need to be met.

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