Tax services for expats in Thailand

I own a condo in Bangkok and want to leave it to two unrelated Thai people. Is that allowed?

July 4, 2025

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Yes, you can leave your Bangkok condo to two unrelated Thai individuals in your Thai will. Thai nationals are allowed to own property, and condos are generally straightforward to pass on, provided the will clearly explains who gets what share. You can leave it equally or specify different percentages. It’s essential to make sure the will is properly signed and witnessed.

Selling the condo and leaving cash instead is also possible, but not necessarily better. It depends on your goals. Cash is easier to divide, but selling could trigger capital gains tax, and the beneficiaries might prefer to keep the property. It’s also a good idea to discuss this with them in advance and consult a Thai lawyer about the tax implications and the best approach.

 

Categories: Succession Planning Wills
Tag: Property