ciobha Posted January 30, 2012 Share Posted January 30, 2012 Throwing this one out to the expats living full time in Thailand, particularly those who still have their finger on the pulse of the business community. Any advice given will be rewarded with beer. I am trying to sell my house in Samui, and despite several Google searches and various rummages around several websites, I am still unclear to the ins and outs. In particular What are the general agent fees/commissions for undertaking the advertising and sale of the property. I know these may vary, but does anybody know an average rate? What taxes will I have to pay? My solicitor has given me some advice, but it seems to contradict what is said on the various websites. For example, I have been told if I have a foreign exchange certificate, all money will be repatriated without tax liability, but otherwise I will have to prove nil taxable profit from my company accounts???? SBT (Special Business Tax) I was under the impression this was due to be paid by the seller on slaes transactions, however on going though my initial accounts, it appears I paid this as a buyer when I purchased the house!! Any other unforeseen taxes or fees I should prepare myself for on successful sale of the property. p.s the property is a house, not a condo, which I believe has slightly different legislation than selling a condo. I bought the house in 2008, and don't expect to make any, or certainly very little profit from the sale in terms of Thai Baht, so if there is a profit tax I would expect this to be negligable. As I say guys, any help will be appreciated, and will result in beers bought. Hugs and kisses, love you lots, Ciobha Quote Link to comment
JaiDee Posted January 31, 2012 Share Posted January 31, 2012 There was a guy on the old Ladyboy Forums who just built a house there within the past 2 or 3 years....his name there was Foggy.....maybe PD or someone else here on this forum knows him personally and could help steer you in regards to getting in touch with him? He must know the system a little bit...... Quote Link to comment
mardhi Posted January 31, 2012 Share Posted January 31, 2012 when you are next here - ask me about this - however its not for putting on general public forum. Cheers Mardhi Quote Link to comment
Headroom Posted February 17, 2012 Share Posted February 17, 2012 Throwing this one out to the expats living full time in Thailand, particularly those who still have their finger on the pulse of the business community. Any advice given will be rewarded with beer. I am trying to sell my house in Samui, and despite several Google searches and various rummages around several websites, I am still unclear to the ins and outs. In particular What are the general agent fees/commissions for undertaking the advertising and sale of the property. I know these may vary, but does anybody know an average rate? What taxes will I have to pay? My solicitor has given me some advice, but it seems to contradict what is said on the various websites. For example, I have been told if I have a foreign exchange certificate, all money will be repatriated without tax liability, but otherwise I will have to prove nil taxable profit from my company accounts???? SBT (Special Business Tax) I was under the impression this was due to be paid by the seller on slaes transactions, however on going though my initial accounts, it appears I paid this as a buyer when I purchased the house!! Any other unforeseen taxes or fees I should prepare myself for on successful sale of the property. p.s the property is a house, not a condo, which I believe has slightly different legislation than selling a condo. I bought the house in 2008, and don't expect to make any, or certainly very little profit from the sale in terms of Thai Baht, so if there is a profit tax I would expect this to be negligable. As I say guys, any help will be appreciated, and will result in beers bought. Hugs and kisses, love you lots, Ciobha Hi Ciobha, May i ask which area is your house? HR Quote Link to comment
ciobha Posted February 17, 2012 Author Share Posted February 17, 2012 It is in the Bophut area, about 5 minutes from Fisherman's village.If you are familiar with that area, about 200 yards before you come to the traffic lights to turn down to Fishermans village, there is a soi on the right hand side of the road called "soi sundae". My house is just up there in a complex of about 40 bungalows. Cheers. Quote Link to comment
Headroom Posted March 3, 2012 Share Posted March 3, 2012 It is in the Bophut area, about 5 minutes from Fisherman's village.If you are familiar with that area, about 200 yards before you come to the traffic lights to turn down to Fishermans village, there is a soi on the right hand side of the road called "soi sundae". My house is just up there in a complex of about 40 bungalows. Cheers. Hi Ciobha, Sorry for my late reply. i know this soi..very nice bungalows and good area between Bophut and Chaweng. Cheers HR Quote Link to comment
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