Property Transfer Fees and Taxes in Thailand Explained

## Transfer Fee **2% of the appraised value** — This is the main cost at the Land Department. Typically split 50/50 between buyer and seller, but negotiable. ## Specific Business Tax (SBT) **3.3% of the appraised or selling price** (whichever is higher) — Applies if the seller has owned the property for less than 5 years. If owned for more than 5 years, stamp duty applies instead. ## Stamp Duty **0.5% of the appraised or selling price** — Only applies if SBT is not applicable (ownership > 5 years). ## Withholding Tax **1% of the appraised value** for companies, or progressive rates for individuals based on the appraised value and years of ownership. ## Common Fee Split | Fee | Buyer | Seller | |-----|-------|--------| | Transfer fee (2%) | 50% | 50% | | SBT (3.3%) | — | 100% | | Stamp Duty (0.5%) | — | 100% | | Withholding Tax | — | 100% | ## Example Calculation For a ฿5 million condo (seller owned < 5 years): - Transfer fee: ฿100,000 (buyer pays ฿50,000) - SBT: ฿165,000 (seller pays) - Withholding tax: ~฿50,000 (seller pays) - **Total buyer cost**: ~฿50,000 - **Total seller cost**: ~฿265,000