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Thursday, May 2, 2024

Income tax fears replace insurance worries in latest Pattaya expat poll

Western expats worry mostly about income tax and hospital bills.

The new top concern of Pattaya expats, almost 60 percent, is the recent announcement of the Thai internal revenue service to tax all income brought into Thailand by both Thai nationals and farang residing here over 180 days in a calendar year. According to a straw poll of 150 expats (UK, US, EU, Australia), conducted in Jomtien soi five from 26-28 September, the subject has displaced visa and insurance concerns from their traditional first place in past polls.

“Touch my pension and I’m out of here, was the response of many expats. Some, mostly retirees, said they were reviewing their options such as moving to Cambodia or the Philippines where tax laws are believed to be softer or ignored for foreign residents. However, about a quarter of the respondents had never heard of the proposal or thought it did not apply…

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