Selling property in Phuket as a foreigner involves much more than finding a buyer and agreeing on a price. Before a sale reaches the Land Office, the seller needs to understand the ownership structure, prepare the correct documents, estimate taxes and transfer costs, resolve any mortgage or outstanding fees, negotiate the Sale and Purchase Agreement and plan how the sale proceeds will ultimately be...
Thailand Property Tax
Thailand is preparing a new cycle of official property appraisal values for 2027–2030. For property buyers and investors, the significance is not that Thailand is introducing a new property tax, but that the official valuation base used in several taxes, fees and government assessments may change from January 2027. The current official appraisal cycle covers 2023–2026. Thailand’s Treasury...