Buying Thai Property - Fees and Taxes Explained in Simple Terms
Buying Thai Property - Fees $ Taxes Explained
0:00 - Thai Property explained - introduction
0:31 - Transfer fee explained
1:16 - Sinking Fund explained
1:56 - Leasehold registration fee explained
2:19 - Summary of all fees associated with buying property in Thailand
6:32 - Thailand property purchase fees and taxes - PRESENTATION
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The process of buying a condo in Thailand is fairly easy. As a buyer, there are only two fees to be paid
TRANSFER OWNERSHIP FEE (2% of the “Tax Assessment Value”) – usually shared 50-50% with a seller
SINKING FUND (few hundred Baht per square meter) – one-time payment ONLY FOR NEW CONDO PURCHASED FROM DEVELOPER
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