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Visa Issues in Thailand

Visas in Thailand have always raised many questions—what type to choose to minimize hassle while maximizing the duration of stay. The answer, however, is simple: you need a visa that fully matches the purpose of your stay and will not raise concerns from the immigration authorities. A two-week trip, a long vacation for one or …

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Real Estate Investment in Thailand: Types, Advantages and Disadvantages. Part 2

Investments in Property with Guaranteed Rental Income Offers to purchase real estate—typically in new developments—with guaranteed rental returns (usually 7–10% per annum) are becoming increasingly popular. A 10% annual return is considered very high for Thailand and is difficult to achieve independently or through an agency. Is there a catch, and what does it involve? …

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Real Estate Investment in Thailand: Types, Advantages and Disadvantages. Part 1

Buying a Condominium as a Real Estate Investment Real estate in Thailand is a primary area of activity for investors of all nationalities and investment sizes. What makes resort property so attractive? There are two main factors influencing the decision to purchase a condominium: first, the opportunity to spend holidays in Thailand in your own …

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VAT Rate Maintained

The Thai government has decided to maintain the value-added tax (VAT) rate at 7% for another year. This regulation will remain in effect until September 29, 2018. For reference, VAT was introduced in Thailand in 1992 at a rate of 10%, but was later reduced to 7% at the request of the business community and …

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BOI Seminar Summary

Yesterday, an event organized by the Board of Investment (BOI) took place, where Prime Minister Prayut Chan-o-cha delivered a speech. During his address, he encouraged both local and foreign investors to invest more actively in targeted sectors of the economy. In turn, the government is developing a range of measures aimed at supporting and incentivizing …

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Meeting Between Invest East and the President of Thailand Elite

On February 3, 2017, another meeting took place between Thailand Elite and the consulting agency Invest East. During the meeting, the President of Thailand Elite, Pruet Boobphakam, and Development Director Alexandra Agapitova discussed the key issues faced by Thailand Elite cardholders, as well as the club’s development priorities and ways to improve the level of …

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VAT Rate Maintained

The value-added tax (VAT) rate in Thailand has been maintained at 7% for another year. The previous regulation was set to expire on September 30, 2016. VAT was first introduced in Thailand in 1992 at a rate of 10%, but was immediately reduced to 7% at the request of the business community and has remained …

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