New levy for second home tweaked
People owning second homes may face land and buildings taxes in the range of 0.03-0.1% of the appraisal price, depending on the value of the property, says an informed source at the Finance Ministry.
Read moreBangkok Post – Property News
People owning second homes may face land and buildings taxes in the range of 0.03-0.1% of the appraisal price, depending on the value of the property, says an informed source at the Finance Ministry.
Read moreThe Australian embassy plot is likely to fetch a record high price per square wah on Sathon Road. A deal four years ago for the former French embassy plot on the same road was 1.2 million baht per sq…
Read moreThe Finance Ministry is studying the issue of allowing foreigners to lease land in Thailand for up to 50 years as part of efforts to draw foreign direct investment, which it believes could provide further impetus for another property market…
Read moreThe Finance Ministry is considering amending laws to allow foreigners to buy properties through leasehold, according to minister Apisak Tantivorawong.
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