Thailand has low taxes for property buyers and owners. Tax rates and registration fees vary depending on the owner’s tax status and the ownership’s duration, as well as on the type of property ownership — whether it is a right of ownership (freehold) or a right of possession (leasehold, which is essentially a long-term lease for 90 years).
Taxes in Vietnam are lower in comparison with those of the US and Western Europe. In this Asian country, property buyers pay VAT and a registration fee, owners pay the land and rental income taxes and sellers pay a sale tax.