Category archive page
Thailand’s Cabinet has approved an increase in the excise tax on fully imported electric vehicles (EVs) to 35%, up from 10%, effective from January 1st, 2027, according to official statements reported by the Bangkok Post. The policy restructuring, announced by Finance Minister Ekniti Nitithanprapas, aims to protect domestic manufacturing investments and encourage overseas automakers to…
Civil engineering on the second runway at U-Tapao-Rayong-Pattaya International Airport has officially surpassed the 30% completion threshold, marking steady progress towards a targeted commissioning in late 2028. According to reporting by Pattaya Mail, the large-scale buildout, managed by Italian-Thai Development (ITD) in coordination with the Eastern Economic Corridor (EEC) Office and the Royal Thai Navy,…
Pattaya City is progressing with infrastructure improvements along Second Road towards Pratumnak Hill, introducing freshly resurfaced tarmac roads, upgraded paved pedestrian footpaths and improved modern street lighting. The improvements aim to enhance road safety, general accessibility and convenience for residents, commuters and tourists traveling through South Pattaya. According to Pattaya Mail, the works form part…
Based upon a recent article in The Nation newspaper Thailand’s Ministry of Finance and Revenue Department have opened a 30-day public consultation on draft legislation titled the Departure Tax Act, w/ submissions accepted until Oct 29, 2026. The consultation, conducted through the Thai Government’s central legal consultation portal https://law.go.th/ seeks stakeholder inputs, opinions and feedback…
Buying property in Thailand can be an exciting opportunity, regardless of whether you’re looking for a home, a holiday property or an investment and/or rental property. However, for most buyers, one of the first questions is also one of the most important: How can I legally own or hold property in Thailand? Understanding Thailand’s property…
In a significant policy overhaul aimed at curbing visa misuse and transnational crime, the Thai Cabinet has approved a proposal submitted by the Foreign Ministry to scrap the 60-Day Visa-Free stay scheme otherwise known as the P.60. Originally introduced to stimulate the post-pandemic economy, 60-Day stay visa privilege, which applied to nationals from 93 countries…
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…
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…
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”…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Please enter the 6-digit OTP sent to your email.
Time remaining: 05:00
