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Effective from January 1, 2024 onwards the Thai Government has implemented a new tax law which potentially has direct repercussions on any foreigners who are living in Thailand and derive income from albeit sources both within Thailand and/or from overseas via remittances etc. The intention of these new tax laws seems pretty obvious, it’s about…
In a recent article in The Nation Newspaper, Government sources have revealed that Wealthy foreigners may be eligible to buy up to 1 Rai of land for strictly private personal use in Bangkok, Pattaya and other municipal zones marked out as “residential areas”, subject to several strict pre-conditions. This Government directive will come into effect…
Thailand’s Centre of Covid-19 Situation Administration (CSSA) has recently announced that the “Thailand Pass” pre-arrival and approval requirement together with the mandatory $10,000USD, Covid-19 insurance requirement for foreign tourists is to be discontinued from July 1st, 2022 which is wonderful news. Both of these requirements have already been removed for Thai nationals back in early…
According to a recent article in “Asean Now” formally known as “Thai Visa” the Thai authorities have announced that they plan to reopen their borders to international foreign tourists for the first time in what has effectively been almost 2 Years from November 1st, 2021 onwards. *Please read the disclaimer at the bottom of this article. Given the recency of this…
In an effort to curtail the spread of Covid-19 and save lives, almost every government across the world with a few exceptions has long since closed down their borders to overseas travelers and restricted the movement of their own citizenry to flatten the curve which has had a devastating economic knock on effect on the global…
In a recent article by the “Pattaya News 11 Oct 2020”, the Thai Government’s economic steering committee announced an ambitious plan to link the Eastern part of Thailand with that of the lower Western and upper Southern part of Thailand via a massive “Thai Bridge” across the Gulf of Thailand at a projected cost of…
In a bid to woo foreign investors, and to give Thailand a much-needed economic boost particularly in the “recreational and tourism” sectors, the Deputy Secretary-General of the Centre for Economic Situation Administration (CESA), Mr. Danucha Pichayanan publicly announced on September 16, 2020 that they’ve approved several amendments (in principal) to the criteria for granting foreigners…
Covid-19 has had a catastrophic effect on global markets as worldwide authorities have collectively shutdown their economies in a coordinated effort to “flatten the curve” and limit the number of Covid-19 deaths in their respective countries. A recent article in “Bloomberg” has announced that the Thai authorities plan to re-open their borders to international “long-term”…
In a recent article in the “Thailand Business News”, Thailand’s Civil Aviation Authority (C.A.A.T.) has announced that the ban on scheduled international flights will be lifted subject to certain conditions effective from July 1st, 2020 onwards. Starting from July 1st, 2020 any persons flying into Thailand must comply with any rules and guidelines set by…
In a recent article by “The Pattaya News”, Pattaya City Hall hosted a presentation by a group of professional consultants hired as part of the greater Eastern Economic Corridor (E.E.C.) to outline two different yet very similar proposals for the future modernisation of both Bali-Hai and Walking Street. The overall aim of the two proposals…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
