03/02/2565

Reduce the transfer fee, mortgage, home, condominium remain to only 0.01% starting January 18, 2022 to December 31, 2022.

(Credit: https://web.facebook.com/PRdolfanpage)

Good news for who are looking for or buy real estate because the "Department of Lands" announced about the reduction of transfer fees for mortgage homes and condominium reduce to 0.01% starting from the 18th. January 2022 to December 31, 2022 to stimulate and economic recovery in 2022 with the reduction criteria as follows:

1. Reduce the transfer fees of real estate which is a residential building or commercial building or land with buildings or a condominium. By the purchase price and the appraised price must not exceed 3 million baht, will reduction of transfer fees for both of real estate first-hand and second-hand from 2% remain to only 0.01%.

2. Reduce mortgage fees in the registration of the mortgage at the same time as the transfer. The mortgage limit must not exceed 3 million baht, from 1% remain to only 0.01%.

3. Buyers of real estate must be persons with Thai nationality only.

4. The period from 18 January 2022 to 31 December 2022.

So in 2022, anyone who is interested and is deciding to buy real estate for living or investing, this is a good opportunity for you. where the state help you to saves some expenses.