Krabi Property Investment

Krabi Property Investment Krabi makes for an excellent investment holding. Despite the political turmoil in Thailand there has still been a huge investment in Thailand. Property prices at the top end have come down in Krabi and now might be the time. Property and commercial investors see Thailand as a good location for investment as the property taxes, investment incentives and the location of Thailand in Asia makes it an ideal spot for any corporate regional office.

Krabi property has also seen a huge investment with new property developments in the area. With the global property market on the up, Krabi still has a huge amount of investment potential as prices in the upper sector has come down. Right now Krabi is an investors paradise as the bottom and mid range villa and condo units are still selling well however the top end projects are lowering their prices to make sales.

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Property Taxes in Thailand

Property Taxes in Thailand Real Estate taxes in Thailand are calculated under 6 basic rules when it comes to the sale and transfer of any property. We will give you the basics of what to possible expect when buying in Krabi or anywhere in Thailand. The first tax for any real estate transfer in Thailand is the income tax or withholding tax.

This is based on a number of factors based on a formula which the Land Department of Thailand has calculated as being fair. Safe to say that normally the shorter the period for which you held the property the more taxes you pay as it is to discourage property flipping or any real estate speculation. The taxes is based on this value and it is usually between 1 -3 % of the value.Normally the seller would pay this tax.

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