Is there transfer taxes for changing the ownership within the family

[andynyc2003]

My wife brought a townhome in Sriracha back in 2010. Since we are not living in Thailand at that time, so we used her sister’s name to get a mortgage for the unit, but we paid the down payments and all monthly payment. Now I want to paid off the mortgage, but I want to change the ownership back to my wife ‘s name before I do so. Is there a way to avoid paying transfer taxes?

 

 

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[Delight]

 Family ownership does not enter into it.

 

Its a transfer and as such will attract transaction /transfer charges.

 

Countries  where concessions  do exist- the concession is typically limited to  transfers between spouses .

 

There may be away to protect yourself and your wife -without an actual transfer.

 

If I had your dilemma -for cetain I would talk with a lawyer

Edited December 24, 2017 by Delight
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[steve187]

No you will have to stump up the fees.