Using a Thai Official Power of Attorney

When you are unable to be physically present to execute an ownership transfer at the Land Department, you may ask someone to represent you and do it on your behalf. To make this possible and valid according to the Law, it must be done through a Thai Official Power of Attorney.

A Thai Official Power of Attorney is the means through which one person (the Principal) empowers another person (the Agent) to act on the behalf of the Principal, and make such act have the same legal effect as if it was done by the Principal himself/herself.

November 4th, 2013

selling property

Property Sale and Purchase Taxes in Thailand

If you are buying or selling property in Thailand, you will be asked to pay taxes when you register the ownership transfer at the Land Department. The total amount to be paid is in fact a sum of several taxes depending on certain criteria.

Understanding how each of these taxes is calculated and which taxes apply, will enable you to approach the Sale and Purchase process in a more confident manner, and avoid unexpected expenses on the signature date.