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Tag Archives: transfer fees

Saturday, May 21, 2016

Selling or Buying Properties in Chiang Mai - Property Transfer Fees


Posted by Harry at 04:06 || under Buying a Property in Chiang Mai 1 year ago & has been viewed 1482 times. Print


 

Muang Land Office on a particularly busy day! Don't worry. They are not usually this busy!

 

Looking to buy or sell properties in Chiang Mai? Here is the list of transfer fees payable:

 

1.       Transfer fee

  • 2% of the appraised value of the property. The appraised value is calculated by the land office.

 

2.       Specific Business Tax

  • 3.3% of the registered sale value that is reported to the land office or the appraised value, whichever is higher.

Specific Business Tax is exempted for various conditions. For example, if the seller has bought the property for more than 5 years or if the property is being used as the seller’s residence for more than 1 year.

3.       Stamp Duty

  • 0.5% of the registered value. Stamp Duty is exempt if the seller is subjected to the Specific Business Tax.

 

4.       Withholding tax

  • If the seller is a company, ...

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Tuesday, November 3, 2015

Reduction in Property Transfer Fees - for a limited time only!


Posted by Alice at 03:23 || under General 1 year ago & has been viewed 1503 times. Print


 
 
 
Great news for home and condo buyers in Chiang Mai!
 
To help stimulate the real estate market in Thailand, the government as reduced property transfer fees for houses and condos from 2% to 0.01% for the next 6 months (29th October 2015-29th April 2016). 
 
This reduction does not apply to land purchases.
 
If you're planning to buy a house or condo in Chiang Mai, these six months would be a great time to do it!
 
Please contact Indigo Chiang Mai Real Estate for advice!
 



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