Thailand presents many opportunities to visitors including foreigners wanting to work in this Asian country for a certain period of time. It is not a surprise then that there are tourists who want to stay longer than what is required of their regular visa. People aspiring to set up a business or enroll in a Thai language program or any course in a government or private … [Read more...]
Thailand and Japan Continue to Partner in Jewelry Trade
Thailand is known as a top manufacturer of jewelry pieces that are not only finely crafted but affordable as well. The country’s gem and jewelry are among the top 10 export products (third major export items) that have contributed to Thailand’s increased GDP. Currently, the country is trading with the U.S., European Union and Japan. Additionally, it is strongly considering … [Read more...]
Thailand Real Estate Transfer Tax and Temporary Tax Breaks
In order to boost the real estate property sales business and the real property development business the Thai government has extended the tax breaks for all real estate transactions for another year till 28th of March 2010.The renewal of the temporary reduction on the transfer fee rate from 2% to 0.01% has been announced prior to the previous tax reduction between March 29 2008 … [Read more...]
How to Ship Household Goods to Thailand For Retirement
Whenever importing household goods for your retirement in Thailand, always remember that only second-hand or used merchandises may be shipped in without paying the required taxes and duties.Thus, under Thailand law, brand new household goods shipped inside the country will definitely be subjected to the necessary taxes and tariff provided by Thai law.In order to be exempt from … [Read more...]
Political Unrest in Thailand
The situation in Thailand reminds me the old saying - be careful what you ask for you may just get it. In September of 2006, Thailand went through a military coup. The military asked for the Prime Minister to step down. After the coup, the provisional government investigated the ousted Prime Minister and charged him with many things, mostly related to a misuse of his position … [Read more...]