Thailand Property

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Thailand is considered to be a relatively attractive country for investment in real estate. An investor can make money not only on the rising cost of real estate, but also from renting out their property during the period when it is vacant.

Rental properties in Thailand are in great demand among tourists from all over Europe and the USA. This allows the owners to get very good income without making any effort, as their property, particularly a Villa, you can simply transfer the management of real estate company for a fixed cost.

The right of ownership

Foreign nationals without any restrictions, the right to purchase in his own name the following types of real property: villas, apartments in condominiums, buildings, yachts and so on. A non-resident of Thailand, a foreigner cannot have right of ownership to land. HOWEVER, taking into account the legislation of Thailand, developed legal schemes of land acquisition, the completion of which, the alien enjoys all rights as owner of the land.

Taxation of real estate

When purchasing property, you need to know about taxes and fees charged when buying and selling. There are two organizations that charge fees to owners of real estate: tax and land Department. Taxes are paid by property owners, subject to the profit of the property.

Taxes The Tax Department

Withholding tax - a tax payable by the seller of real property upon the sale. The tax is paid in the following order:

  • Withholding tax from income of individuals: the tax calculation will be based on the valuation of land held by the Land Department.
  • Withholding tax on the profits of the organization: the tax calculation will be based on the valuation of the land held by the Land Department or the actual selling price. In the end, the high cost. The tax rate is 1 %.

Taxes and charges Land Department

Fees and taxes do not depend on the legal status of the seller, i.e. individuals and legal entities pay taxes and fees at the same rate. The Land Department has always determined from the value declared by the seller, but not less fixed in the Land Department at the moment and for the particular plot of land. Land Taxes are calculated based on the area of the land plot of 1,600 sq m =1/6 hectare=1 Rai

The fee for transfer of ownership (Transfer Fee)- 0.01% of the declared value of the property at check in or set by the Land Department value of land. When the lease fee is 0.01% of the contract amount for the entire period.

Special sales tax (SBT)- 0.1% of the property value, applies to legal entities. From individuals, just in case, if the period of ownership of the property was less than 5 years, i.e. if this property has already been resold within the previous 5 years.

Stamp duty (Stamp Duty Fee) is charged only in the event that the seller is not subject to business tax (SBT). When the transfer of ownership, the tax is 0.5 % of the cost. When transferring the leasehold tax is 0.1 %.

Please note that taxes may be reduced if:

  • The property was used for a personal residence for at least a year before the sale;
  • The property was in the possession of the seller more than 5 years;
  • Property inherited;
*Payment of taxes and duties is distributed between the buyer and the seller, either one of them. Property tax paid annually, while using real estate for commercial purposes or rental, long term rental property for the entire rental period, at the option of the payer. The tax is calculated from a larger area, choosing between a land and a house located on it. The tax is equal to 12.5% of the actual income or the stated owner of the income amount for the year. Income can be confirmed by lease agreements, or other primary documents. Tax on the right to calculate tax independently on the basis of a common rental prices of similar properties. At the conclusion of a long-term lease, the tax payment, as a rule, the parties share equally.

The value added tax (V. A. T)

For individual taxpayers is 3%
Rate for legal persons - 7%


According to the website thailandhouse.ru
Comments / recent posts on the topic on the forum
kati99 25 October, 2019
Hi looking for a guy ready to learn my Skype zera887788_2 or my viber +79257974099 ...
Olga Neustroeva December 4, 2019

Yes, but they have the warm rains, passed quickly and Sunny. But prices during this period, much cheaper. In a very nice hotel to relax for a little money. ...
Robert December 5, 2019
I believe that Tae is nothing remarkable about this and not go back so want. State in one or two at most times. So I never they are not particularly ill, and after a failed stay even more.
Always a lot of tourists very much. Where don't spit – at every step.
The beaches are crowded and you need to work hard to find a place where I will be able to retire. Fatty and spicy foods – heartburn was almost every day.
Hot. Tropical Paradise can only dream about – stuffy, very stuffy.
The only thing that I advise everyone in Thailand visit the tour. Here they interesting. I took 2 on the river Kwai and Mini Siam. Pattaya. ...
admin 18 December, 2019
Easier to just go to AO Nang, and there near the shore can cross-train and then by boat. ...
is admin 8 February, 2020

Yes? And I have not deposited, I have already bought tickets :-). If only the Thai flight is not canceled, but I think this will not come up, and everything is back to normal. ...
parll12 28 February, 2020
In fact, Phuket is one of the most popular resorts of Thailand. There are great beaches. You can select for young people and for families with children and for young people. It's time to go and relax there in the winter. The sea is clean, the waves are strong there. It's time for swimming. You can go sightseeing. There is plenty to choose from. ...
is admin 29 April, 2020

The transition area is, I guess, is the relegation zone or she's waiting area landing? Transit to my concept is still something else when you are passing passing passport and customs control, follow immediately on the next flight.
Indeed there are less good conditions in waiting areas, as well, in almost all airports and in the reception area is almost nothing. I had you for free callbase to the Public Transportation Center to get rolled up. There are cafes and places to sit. A lot of people I've never seen. Really seat just under the roof, not the building, but there is always heat. ...
29 April, 2020
on Phi Phi was passing - 1 day without overnight stay. Suggest this place to focus more, preferably a few nights - to relax 100% ...
admin May 14, 2020

Generally was, but now I do not buy: the sale of foreign tours only begin to open, and there's only popular destinations. In General in Hua hin tours are expensive, cheaper on their own. ...
admin 23 June, 2020
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