Financial Benefits
Thailand has produced outstanding investment returns over the last twenty years, and this looks set to continue long into the future. If you are buying purely as an investment, then a land or housing development project will produce the best returns. If you wish to purely buy and hold then land offers the cheapest and most profitable investment route.

• Developers will often offer a genuine discount in return for bulk purchase of units in a development, particularly if it is early on.
• These discounts provide you, the investor, with a cushion of profit in case of any problems. This additional profit can be substantial - for example if you have put down a 25% deposit and the discount was a true 15% off, then the property is worth 17.6% more than the price you paid - that means you have already shown a paper profit of 60% of your deposit.

Tax
There are 2 different types of Tax levied on a property in Thailand and they are called:

1. Land Tax
2. Structures Usage Tax

Land Tax is a very small tax levied on land ownership and is equivalent to just a few baht per rai per year. This amount is so small that the land office rarely bothers to collect it and if they do may wait a few years before the amount is worth the effort of collecting. In any commercial sense, this tax can be largely discounted.
 
Structure usage tax is applicable at the rate of 12.5 % on the actual (or assessed) gross rental value of the property.
 
Tax Expenses Due on the Sale & Transfer of Immovable Property
The transfer of an immovable property, including the purchase of land, land with building or a condominium unit owned by a natural person, including an alien juristic person is subject to the following costs and taxes.
 
Transfer Fee
The transfer fee is usually collected at the rate of 2 % of the appraised value of property by the Land Department. The appraised value may often be much less than the actual amount paid. This is often split 50:50 between buyer and seller.
 
Stamp duty
Stamp duty shall be collected at the rate of 0.5% of the actual purchase price or the appraised value of the Land Department, whichever is the higher.
 
Withholding Tax
Withholding tax is a tax payable by the seller of an immovable property to the Land Department immediately at the occurrence of purchase. The collection of withholding tax can be divided into 2 cases as follows:

1. Withholding Personal Income Tax: The computation shall be based on the appraised value of the Land Department.
2. Withholding Corporate Income Tax: The computation shall be based on the appraised value or the actual purchase price, whichever is the higher.
   The rate used is currently 1%. This does not apply if the land or property is sold by way of shares in a limited company, where ownership has effectively remained the same.

Specific Business Tax
Specific business tax is collected from the sale of immovable property for trade or profit purposes at the rate of 3.3% of the appraised value or the actual purchase price, whichever is the higher.