Although restrictive, the Thai Law does permit foreigners to purchase Real Estate in Thailand. There are actually several ways to legally hold ownership that you can choose from, each with its own requirements.

Choosing the right kind of ownership is probably the most important decision after the choice of the property itself. Therefore one should be fully aware of the possibilities as well as their limitations before the purchase.

If you are buying or selling property in Thailand, you will be asked to pay taxes when you register the ownership transfer at the Land Department. The total amount to be paid is in fact a sum of several taxes depending on certain criteria.

Understanding how each of these taxes is calculated and which taxes apply, will enable you to approach the Sale and Purchase process in a more confident manner, and avoid unexpected expenses on the signature date.