Thailand’s Initiatives to Attract Foreign Investors

Thailand's government has introduced a range of incentives designed to attract foreign investors, retirees, and professionals to its shores, particularly to enhance foreign investment in the real estate sector. This strategic move aims to bolster the Thai economy by leveraging the global interest in Thailand’s lifestyle and investment opportunities. Here’s a breakdown of the key initiatives and...

New Guidelines on Foreign Source Income Remittance by Tax Residents in Thailand

Introduction This article provides a comprehensive overview of the latest guidelines on foreign source income remittance for tax residents in Thailand, as stipulated by the Thai Revenue Code and the Long-Term Resident (LTR) Visa program. For detailed tax planning and personalized advice, we recommend you consult with accounting, financial management firm or Thailand tax consultant such as...

Foreign Property Ownership Phuket

Can Foreigners Own Property In Phuket? Yes, foreigners are allowed to own property in Phuket, Thailand. However, there are certain restrictions and regulations that must be followed. Foreigners are not allowed to own land, but they can own condominiums, apartments and houses. Additionally, they are required to obtain a foreign quota certificate from the government, which grants them permission...

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