Taxes & fees

What you need to know about selling property in Thailand

Taxes and fees when selling property

To work out your net proceeds from a sale, you need a clear understanding of the taxes and transfer fees involved.

Land Department transfer fee

A statutory fee of 2% of the government-appraised value, typically shared between the buyer and the seller.

Specific business tax (SBT)

A rate of 3.3% applies if you have owned the property for less than five years at the time of the sale.

Personal withholding tax

A progressive tax calculated on the government-appraised value and the length of time you have owned the property.

Stamp duty

A duty of 0.5% that applies instead when the sale is exempt from Specific Business Tax.

Tax planning

Our team can put you in touch with a tax specialist in Thailand, who can explain how these taxes apply to your sale and what lawful options there are to reduce them.