Thailand Wealth & Property Tax
Detailed wealth & property tax rates and rules for Thailand in 2026.
Wealth Tax
Thailand does not impose a net wealth tax.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Thailand introduced an inheritance tax in 2016 at a flat rate of 5% for ascendants and descendants, and 10% for other heirs. The tax applies only to inherited assets exceeding THB 100 million, making it applicable only to very large estates. The tax is administered by the Revenue Department.
Top Rate
10%
Property Tax
Thailand's Land and Building Tax Act (effective 2020) imposes annual property tax at rates of 0.02-0.1% for residential use, 0.3-0.7% for commercial use, 0.01-0.1% for agricultural use, and up to 1.2% for vacant or unused land. Rates are progressive based on assessed value. A principal residence on land owned by the occupant is exempt up to THB 50 million of assessed value.
How Thailand Wealth Tax compares
Thailand does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
