🇹🇭 Thailand: Taxes and Fees for Buying and Owning Property
Thailand’s tax system for property owners is one of the most favorable in Asia. Total costs depend on the property price, type of ownership, your residency status, and income level.
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Here are the key figures.
When buying:
📑 Transfer and registration fees:
• Leasehold: ~1%
• Freehold: up to 6.3% (usually split equally between buyer and seller)
When owning:
🏠 Property tax – 0–0.1% p.a.
• Properties worth up to 10 million THB (≈ $310,000) are exempt
• Applies only to freehold owners
When renting out:
💵 Rental income tax:
• For Thai residents with income credited to a Thai account: progressive rate of 0–35%
• For non-residents with income credited to an overseas account: fixed rate of 15%
When selling:
• Freehold: 6.3% if owned for less than 5 years; 3.5% if owned for more than 5 years
• Leasehold: 1.1%
❗️Intermark Global is not a tax advisor. The figures above are indicative. However, our experts work closely with local tax specialists to stay up to date with the latest changes. We can help you choose the right property and transaction structure to legally optimize your tax burden in your specific case.
➡️ Want to calculate the yield of a specific property, including all taxes? Leave a request for a consultation – we’ll find the best option for your goals.
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