Emigrating to Thailand:

Thailand attracts with breathtaking landscapes, warm hospitality and an affordable lifestyle. It’s no wonder that many people dream of living in the land of smiles. But the dream of permanent residence in Thailand can quickly be shattered because immigration regulations are strict.

High hurdles for permanent residence:

While a tourist visa for up to 30 days is easily available, permanent settlement is much more difficult. Permanent residence permits are rare and only possible in exceptional cases.

Options for long-term residence:

  • Elite visa: This visa allows a stay of up to 20 years and offers various advantages such as multiple use and tax benefits. However, it comes at a price: the investment amount is at least 2 million baht (approx. €50,000).
  • Non-immigrant O visa (pensioner visa): Pensioners with a monthly income of at least 65,000 baht (approx. €1,600) or assets of 800,000 baht (approx. €20,000) can apply for this visa, which must be renewed annually.
  • Partnership visa: Anyone who has a Thai spouse can apply for a corresponding visa that paves the way for permanent residence.

 

Tax haven for the wealthy:

Thailand’s tax system is much more attractive than Germany. The maximum tax rate of 35% only applies to annual incomes of 5 million baht (approx. €130,000). In addition, there is a generous tax allowance of 150,000 baht (approx. €3,850).

Important to note:

  • Only income earned in Thailand is taxed.
  • Foreign income that is not transferred to Thailand within a year is tax-free.

 

Conclusion:

Thailand offers an attractive environment for expats who are looking forward to sun, beach and socializing. The cost of living is low compared to Germany and the tax system can be attractive for higher earners. However, the path to permanent residence is associated with high hurdles. Therefore, thorough preparation and professional advice from an expert is essential.

 

Living in Thailand: dream or bitter reality?

Thailand attracts with paradisiacal beaches, exotic culture and a low standard of living. But the dream of living in the land of smiles can quickly be shattered if you underestimate the hurdles and challenges.

Visa: Immigration laws in Thailand are strict. Permanent residence permits are rare and usually tied to high investments or special qualifications. For many emigrants, the only option is a temporary visa, which requires regular extensions.

Cost of living: Thailand may be cheap, but western luxury can quickly become expensive. In the tourist hotspots of Bangkok and Phuket, prices are sometimes higher than in Germany. However, if you adapt to the local standard of living, you can get by with significantly less money.

Health care: The public health system in Thailand needs improvement. Private hospitals, on the other hand, offer good to very good care at comparatively low prices. Nevertheless, reliable health insurance is recommended for all emigrants.

Work: Wages in Thailand are low and often not enough for a western standard of living. Work visas are also difficult to obtain. Therefore, emigrants should have sufficient savings or sources of income from abroad.

Conclusion:

Thailand offers emigrants many advantages, but also some challenges. The decision to live in the land of smiles should be carefully considered. Those who do their research, have realistic expectations and are open to new things can find a fulfilling and happy life in Thailand.

 

Thailand: A country full of opportunities for emigrants

 

Thailand attracts with breathtaking landscapes, vibrant cities and warm hospitality. But which region is best suited for a new life in the land of smiles?

Bangkok: The vibrant metropolis for city lovers

Bangkok, the capital of Thailand, is a global metropolis full of contrasts. Skyscrapers meet Buddhist temples, street food meets luxury restaurants. Life in Bangkok is exciting and varied, there is always something to discover.

 

Chiang Mai: Relaxed life in the north

Chiang Mai, located in the north of Thailand, offers a relaxed atmosphere and a tranquil attitude to life. Numerous temples characterize the cityscape, the surrounding area invites you to hike and excursions into the mountains.

 

Koh Samui: Paradisiacal island life in the Gulf of Thailand

 

Koh Samui combines dream beaches, tropical vegetation and western living comfort. The island offers sufficient infrastructure and good connections to the mainland.

 

Hua Hin: Peace and idyll off the beaten track

Hua Hin is a coastal town in the south of Thailand that has not yet been affected by mass tourism. Picturesque beaches, low cost of living and good infrastructure characterize this place.

 

Phuket: Diverse island with mountains, rainforests and beaches

Phuket, the largest island in Thailand, offers a varied landscape with mountains, rainforests and dream beaches. The island is a popular tourist destination, but also offers quiet corners and a wide range of opportunities for active leisure activities.

 

Conclusion: Thailand has something for everyone

Thailand offers expats a wide range of options. Whether it’s vibrant city life, relaxed country life, paradisiacal island life or peace and quiet off the beaten track – everyone will find their dream destination in Thailand.
But be careful: the immigration regulations are restrictive. With the Elite Visa, however, you can get a temporary residence permit within a short time.

Is it worth the effort?
Thailand is an excellent destination for expats looking for a new adventure and wanting to be enchanted by the country’s warm hospitality. However, flexibility and patience are required to overcome the bureaucratic hurdles.

If you are looking for an uncomplicated life in the tropics, you may want to look for other alternatives.
Which region in Thailand suits you best depends on your individual needs and preferences.
Find out as much as you can before making a decision and visit Thailand yourself to get to know the country and its people.

Start with Plan B now!

Arrange a free initial consultation today and get advice from our experts. Together we will shape your successful future!

GCI UNIT Worldwide is a division of TCME-Group Worldwide, one of the world’s leading professional corporate investment and foreign trade advisory firms, with a total of 17 divisions in various countries and headquartered in Malaysia.

GCI-UNIT Worldwide is very much a hallmark of high-quality service and professional excellence in many different practice areas.

With our department we are a global provider of Citizenship by Investment Programs, Honorary Citizenship, Residency Programs and Citizenship Solution over Economic Ministry. We are able to identify rare and exceptional opportunities for our clients around the globe, mainly combining sound investments with the benefits of permanent residence, passport and citizenship in this country

Our legal team and specialist lawyers are well-known in the global immigration field and have over 25 years of experience in fast-track dual citizenship programs.

We currently work with more than 70 countries, advise governments and help find investors for their projects and focus on high-net-worth individuals (HNWI) or companies that have at least double-digit million assets.

In contrast to the classic agent who wants to sell you a second citizenship, we see ourselves as a “boutice” for a special clientele.
It’s not just a question of which citizenship program is best for you, how much it costs in the respective country, but what happens after that?
Are there good international schools there for your children?
What are the business opportunities in the respective country?
What about health care, how much taxes do you have to pay in the country?
Can I obtain a second citizenship in a country of my choice even though it does not offer an official citizenship program, but the government is interested in individuals or investors who provide a benefit to the country and are therefore granted citizenship!

We are at home in every country where we offer you a residence permit or citizenship, we work locally with our tax advisors and lawyers and of course we know the country and its mentality.

In our opinion, it is not enough to just want to sell citizenship based on books or dangerous half-knowledge.

Another specialty area of full-service consulting is investment opportunity and solutions in Europe, particularly in the Balkans, Africa, Asia, the United Arab Emirates, the Caribbean and the Pacific.

Since 2016, we have been, among other things, an important mentor for various business groups, economists, financial managers, investment advisors, business leaders, lawyers and notaries in the implementation and development of programs as:

YOUR CHANCE FOR A BETTER LIFE

Global Citizenship Investment (GCI) is a global provider of:

Citizenship programs
Honorary citizenship
Citizenship through investment
Residency program
Citizenship through repatriation
Granting of citizenship in the special interest of the Republic

Therefore, we are able to identify rare and exceptional opportunities for our clients around the globe, combining, above all, solid investments that lead to the benefits of permanent residence, passport and citizenship in this country.

In addition, we are in direct contact with several governments interested in appointing business people with a specific network as honorary consuls should a suitable candidate emerge.

If you would like to discuss your internationalization and diversification plans, book a consultation session* or email us at: [email protected]

GCI UNIT Worldwide Group
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Kuala Lumpur 50450, Malaysia
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**The contents of this website have been researched to the best of our knowledge and belief and provide a general overview based on data collected by an AI or taken from official statistics on the Internet, as well as our own experiences and those of our customers. Please do not blindly rely on this information, but form your own opinion. Advice from us does not constitute legal advice, financial advice, tax advice or investment advice. We assume no liability for the accuracy and completeness of the information provided.**