Transfer Fees and Taxes for Chiang Mai Real Estate — Calculate Correctly Before Transfer Day

Transfer Fees and Taxes for Chiang Mai Real Estate — Calculate Correctly Before Transfer Day

Transfer day costs are something many buyers and sellers still don't fully understand. Miscalculation can cause unexpected budget shortfalls.

Complete Transfer Day Cost Breakdown

1. Transfer Fee: 2% of appraised value or transaction price (whichever is higher); typically split 1% each; special government reductions available in some periods for properties under THB 7M (verify current measures)

2. Specific Business Tax (SBT): 3.3% of appraised value or transaction price (whichever is higher); paid by seller; applies when seller has held property less than 5 years or registered in house registration less than 1 year

3. Stamp Duty: 0.5% of appraised value or transaction price (whichever is higher); paid by seller; applies instead of SBT when seller has held more than 5 years and been in house registration more than 1 year

4. Withholding Tax: Calculated on progressive rate table based on tax base and years of ownership; paid by seller

Real Calculation Example

Condo transaction price THB 3,000,000; appraised value THB 2,500,000 (transaction price used as higher); seller held 3 years, not in house registration:

Transfer fee 2%: THB 60,000 (split THB 30,000 each); SBT 3.3% (less than 5 years): THB 99,000 (seller pays); Withholding tax: approximately THB 50,000-80,000 in this case

Buyer total: approximately THB 30,000; Seller total: approximately THB 180,000-210,000

Pre-Transfer Agreements Needed

Who pays the transfer fee; which price to use for calculation; cash preparation — transfer day costs must be paid in cash or cashier's check, cannot be added to the loan

Free Transfer Cost Calculation Service

More Property CM provides free transfer cost calculation for every deal we handle — so both buyers and sellers are accurately prepared.

MORE Value. MORE Trust. Always.
Contact us today for a free consultation:
Line: @morecm | www.morepropertycm.co.th
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