News

Check out market updates

Thailand Scraps 60 Day Visa-Free Stay to 30 Days Starring From September 15, 2026 onwards

Thailand Scraps 60 Day Visa-Free Stay to 30 Days

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…

New Tax Rules for Foreign Sourced Income

New Tax Rules for Foreign Sourced Income

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…

Wealthy Foreigners can now buy Land & Houses in Thailand

Wealthy Foreigners can now buy Land & Houses in Thailand

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…

Thai Authorities Hard at Work to Finalise a Re-entry Plan for Foreign Tourists by October 2020.

Thai Authorities Hard at Work to Finalise a Re-entry Plan for Foreign Tourists by October 2020.

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”…

Latest Proposed Future Plans For Walking Street & Bali-Hai Pier

Latest Proposed Future Plans For Walking Street & Bali-Hai Pier

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…