What Taxes and Costs are Applicable to Purchasing a Property in Thailand?

On all purchase/sale of property in Thailand there is a stamp Duty of 0.5%, a transfer fee of 0.01%, a business tax of 0.11% levied against an owner who has been in registered possession of the property less than 5 years, and Income Tax. There is no Capital Gains Tax in Thailand, unlike many countries, and Income Tax (usually between 1.0 – 3.0%) on property is the comparable replacement.

 

Samui property

Are There Property Taxes in Thailand?