International BuyersBy Thailand Condominium Act Requirement
2%
Transfer Fee
0.5%
Stamp Duty
1%
Withholding Tax
5-7%
Total Costs
2%
Transfer Fee
50/50
Typical Split
7%
VAT (New)
When purchasing property in Thailand, several fees and taxes apply. Understanding these costs upfront helps you budget accurately and negotiate effectively with sellers.
Thailand property transactions involve several mandatory fees paid at the Land Department during ownership transfer. While the 2% transfer fee is standard, other taxes depend on how long the seller has owned the property.
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Mandatory Transfer Fees & Taxes
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Example: Purchasing a ฿3.5M Condo
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Common Transfer Fee Mistakes to Avoid
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Foreign Buyer Requirement: Fund Transfer Documentation
Key Takeaways
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Total closing costs typically 5-7% of property value
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Transfer fee (2%) is usually split 50/50 between buyer and seller
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Foreign buyers MUST obtain FETF to prove overseas fund origin