ပြင်သစ်ရင်းနှီးမြှုပ်နှံသူများအတွက် ဘန်ကောက် အိမ်ခြံမြေ · လက်တွေ့ ကျင့်သုံးရန် လမ်းညွှန်

What changes for a French investor

France has a Double Taxation Agreement with Thailand signed in 1974 (still in force). Rental income from Thai property is taxed in Thailand first, with a French tax credit equal to the Thai tax actually paid. In practice the effective rate stays close to the Thai withholding · 1 to 5% depending on structure.

ISF / IFI (Impôt sur la Fortune Immobilière) applies to French tax residents on worldwide real estate above €1.3M net. Thai condos count toward the IFI base. For non-French-resident French nationals, IFI applies only to French real estate · Thai property is outside the base. Many Khorna French clients use Thai property as part of a relocation strategy that takes them out of French tax residency.

Capital gains on resale

Thai resale capital gains are taxed in Thailand via withholding (1% of appraised value) regardless of actual gain. France treats this as French-source capital gain for residents, with a credit for Thai tax paid. Holding 5+ years activates Thai SBT exemption (3.3%), which materially improves net exit. Hold periods of 5 to 10 years are standard.

FET and currency

Bring funds in via FET (mandatory above $50k/transaction). The bank issues a certificate naming the buyer in EUR or USD equivalent. On exit, repatriation is unrestricted in EUR / USD / any major currency. THB has been more stable than EUR over the last decade · check the chart, not the press.

Where French clients buy

• · Sathorn / Silom · adjacent to French embassy + Lycée Français, family-friendly, premium tenants.
• · Phrom Phong · DTV/LTR pool, walking distance to Emporium / Emsphere, full-service amenity standard.
• · Riverside (Mandarin Oriental, Banyan Tree, Magnolias) · trophy assets, slower fill, premium clientele.

Common French-investor mistakes

• · Treating it as a French real estate transaction · Thai SPV / lawyer / FET workflow is different.
• · Ignoring the IFI residency split · this is the planning lever.
• · Buying without FET documentation · disastrous on exit.

Talk to us with your French / Thai tax-residency status and we'll structure correctly. Alexandre handles the Thai side; we have French-language tax advisor partners for the home-side question.