Thailand Property

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
admin 2017 18 Oct, 16:33
All right, prohibited, and a violation is punishable by a fine. ...
admin 22 may 2017, 17:28
Beautiful pictures ...
T-Sell 23 Oct 2017, 12:34
I was not there, but I have a blue dream - to go to tai. Vacationing this summer in Turkey, I met with a family that was in Patea. Told me about a beautiful garden, about a snake farm, about the "Cock king". Look not to look, it is only necessary to stock up on, well and on a budget) ...
yulkashpulka 25 Oct 2017, 20:13
for me the discovery ,it turns out that what some just a maid ,just like that comes out and does massage to a tourist? ...
31 Oct 2017, 03:56
You really are all the same where to stop because anyway during the tour, the bus will collect tourists from all over the island and faster does not work. Only in the South does not recommend (Nai Harn), from there you will be picked up early and come home to you after all. Patonga Yes, from the point of view of logistics, not quite bad. ...
admin 2017 Nov 14, 18:43
Then make it simple and not torture yourself. In the Golden triangle ride with the tour for the day, I think you will find that along the way and other interesting places. Discover fully sold on the streets in turagentsva and hotels. And in a single day ride to Mae SAI. Arrive in the city, walk there, see the cave temple, dinner and back. ...
admin 19 may 2017, 17:42
Please! Check back often ...
iscander 23 may 2017, 22:51
I read a lot about Thailand, and familiar rested there, but the desire to go there. The climate is not suitable for me. ...
admin 25 Dec 2017 11:35 am
Problems with the highest probability, I would say 99.999% of will not arise, if your passport is not full of Thai stamps. You have, as I understand it, is not full, so you can not suspect illegal work in Thailand. With regard to the actions of visa stamp, then don't worry about it. When you leave from Thailand to a neighboring country or any other, you put a stamp on exit and entry stamp will be cancelled automatically. But when you go back, you will put back on 30 days. ...
admin 26 Dec 2017, 18:09
Well, all right, available to visitors of the temples and pagodas. Part of the Palace is closed to tourists, there's also the king family is, it's sacred for Thais. ...