A common return investors seek comes from leasing property in Thailand out. Prior to seeking it, the following taxes should be taken into account: 1. Duty Stamp a. Duty stamp is 0.10% base for the entire leased amount in one year. 2. Income Tax a. The landlord is required to file a tax form twice a year on earnings from the lease. It must be filed for the mid-year tax between July 1 - Septe...
OK, you have found your ideal property in the price range that suits your wallet, then suddenly you realise there are additional costs that you haven’t budgeted for. Usually the property is being sold through a real estate agency, and therefore the sales costs such as commission is paid by the seller, not you. However, it is standard practice in Thailand for the seller to ask the buyer to...
In many ways, Sukhumvit Road has always served as the face of Bangkok and a true barometer as to where the city is heading. This storied thoroughfare starts in Bangkok and runs 400 kilometres to just short of the Cambodian border. The section of the road which is best known, runs within the boundaries of metropolitan Bangkok. Until World War II, the Bangkok section of Sukhumvit went through rice ...
Advantages v.s. Disadvantages When you buy an existing house you can see exactly what you will be getting for your money. You will of course probably have to compromise on what you want and you will also be paying a significant premium over the development cost (land plus construction).The advantages of building a house for yourself are that you can design and fit-out the house exactly the way...
