Thai property taxation

[taffinexile]

I am due to dispose of a property soon in Hua Hin, all the relevant fees and withholding taxes will be paid. Will I be liabel to pay income tax on it the residual amount? I am a non resident. If I get the money paid in Baht, into an account held by a Foriegn exchange company before being converted and sent to my home country, will they hold back any money they think may be due to the Thai government?

[PeteC]

To keep the thread going until the experts get here. I think question one is a no in that I've never heard of it happening before. Question two I think a no also, but they may ask you for documents showing you have paid the appropriate government fees. Pete

PS: Check exchange rates to see if converting here will be better or worse than sending Baht to your home country to be converted there.

[taffinexile]

Thanks addict

I know i will lose about 8-10% extra if I transfer in Baht to my home country