How much is the tax on buying a house in Thailand?

To buy a house in Thailand, you need to pay the following three fees:

1. Transfer tax: 2% (50% for the buyer and 50% for the seller).

2. Special business tax: 3.3% (paid by the seller, and exempted by the owner if the property is held for more than 5 years).

3. Stamp duty: 0.5% (to be paid by the seller)

The transfer fee refers to 2% of the total house price, which is generally borne by the buyer and the seller through negotiation. So you only need to pay 1% in the purchase process. Special business tax can be reduced or exempted if the following conditions are met: if the owner has held the property for more than 5 years, the special business tax can be reduced or exempted. Special business tax can be reduced or exempted if the household registration of the owner exceeds 1 year.

Extended data:

The cost of buying a house in Thailand excluding taxes and fees:

1, the one-time housing maintenance fund and ordinary apartments add up to several thousand RMB. It's the same as in China. The money will be used to repaint the external walls, renovate the green belts and transform the aging water pipes.

2. Finally, the property management fee is more expensive. Thailand has many supporting facilities. Because the swimming pool, gym, parking lot and other supporting facilities are free to use, the property management fee is high, but the cost performance is also very reasonable. The fee is paid once a year. For a big house, the annual property management fee is not a small expense, but if the house is rented, it will be borne by the landlord and the tenant will only pay the rent.