Transfer cost

[JoePai]

What is the latest (did they not lower it?) percentage transfer cost on a house of say 4m?

 

Thank you

[Peterw42]

Thailand has temporarily reduced property transfer and mortgage fees to 0.01% for certain residential properties, effective until June 2026. This applies to properties valued at up to 7 million Thai baht (approximately $201,729). The original fees were 2% for transfer and 1% for mortgage registration. This measure aims to stimulate the real estate sector and ease financial burdens on homebuyers. 

[Peterw42]

Just now, Peterw42 said:

Thailand has temporarily reduced property transfer and mortgage fees to 0.01% for certain residential properties, effective until June 2026. This applies to properties valued at up to 7 million Thai baht (approximately $201,729). The original fees were 2% for transfer and 1% for mortgage registration. This measure aims to stimulate the real estate sector and ease financial burdens on homebuyers. 

 

None of this would apply if you are buying a "house" via a company route.

[JoePai]

Thank you very much

[treetops]

It may not apply to non-Thais if this is an issue for you.  Discussed a couple of weeks ago on a post just down the page from yours.

 

 

[JoePai]

34 minutes ago, treetops said:

It may not apply to non-Thais if this is an issue for you.  Discussed a couple of weeks ago on a post just down the page from yours.

 

 

Ok ta, I'll check - thanks for your help

[OneZero]

I spoke with a real estate agent who has been at the Pattaya land office.  Foreigners are NOT eligible for the discount.  It's only for Thai's & I believe only for first time homeowners, to assist them to become homeowners.  In any event, a named Thai property purchaser cannot collect a discount more than one time.

[JoePai]

11 hours ago, OneZero said:

I spoke with a real estate agent who has been at the Pattaya land office.  Foreigners are NOT eligible for the discount.  It's only for Thai's & I believe only for first time homeowners, to assist them to become homeowners.  In any event, a named Thai property purchaser cannot collect a discount more than one time.

That you, that is interesting. 

So may I ask a Thai wanting to transfer land out of their name and into another Thai BUT only having owned the land for 10 months, what percent of the declared value would be taxed?