Costs & Taxes

Are there any hidden costs or taxes when buying a condo in Pattaya?

Short answer: Yes, typical transaction costs include. Transfer fee: 2% of the registered value (often split 50/50). , Withholding tax: 1% (or higher if sold by a company). , Stamp duty or specific business tax, depending on how long the seller has owned the unit. , Also consider legal fees, agent commission (if applicable), and sinking fund contributions.

Yes, typical transaction costs include:

  • Transfer fee: 2% of the registered value (often split 50/50).
  • Withholding tax: 1% (or higher if sold by a company).
  • Stamp duty or specific business tax, depending on how long the seller has owned the unit.
  • Also consider legal fees, agent commission (if applicable), and sinking fund contributions.