The Best Places To Retire In 2025 Report
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THE 10 BEST PLACES TO RETIRE IN 2025

the 10 best places to retire in 2025

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Thailand Facts And Figures

Information on population, inflation rate, seasons, taxes, government, residency, visa requirements and more...


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Blue Tuk Tuk, Thai traditional taxi in Bangkok. Thailand Facts and figures
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Kathleen Peddicord

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
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Plus, Revealed Inside Your Free Book: 12 Top Places Where You Can Live The Good Life From As Little As $1000 A Month…
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Sept. 17-19, 2025
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Table Of Contents

 

Information Type

Thailand Data

Population 

71,885,779 (est. 2024)

Gross Domestic  Product PPP (GDP)

US$514 billion (2023)

GDP Per Capita

US$7,801 (Dec 2023)

Inflation Rate

0.62% (June 2024)

Currency

Thai Baht (THB)

Exchange Rate Versus U.S. Dollar 

36.02 baht per U.S. dollar (July 2024)

Language

Thai, English (secondary language of the elite), Burmese, ethnic and regional dialects

Capital

Bangkok

Population of Capital City

BANGKOK (capital) 11.23 million; Samut Prakan 1.376 million (July 2024)

Time Zone

UTC/GMT +7 hours

Seasons

Tropical: rainy, warm, cloudy southwest monsoon (mid-May to September); dry, cool northeast monsoon (November to mid-March); southern isthmus always hot and humid

International Dialing Code

66

Electricity

220V, 50Hz

System of Government

Constitutional monarchy administered by military junta

Current Leader

Prime Minister Paetongtarn Shinawatra (since August, 2024)

Income Tax Rate for Residents

 
Residents are liable to tax on their worldwide income at progressive rates, from 0% to 37%

Property Tax

Owner occupied and uninhabited dwellings pay no property tax. Rented properties are taxed 12.5% of the assessed annual rental value of the property.

Capital Gains Tax

Capital gains are exempt from personal income tax if the shares sold are of a public company registered on the stock exchange of Thailand. Otherwise, gains are subject to the normal progressive personal income tax rates.

Inheritance Tax

no

Rental Income Tax

progressive rates from 10% to 37%

Transfer Tax

0.10%

Sales Tax

7%

Restrictions on Foreign Ownership of Property

Thailand law generally prohibits foreigners from owning freehold land in Thailand

Local Chamber of Commerce

Thai Chamber of Commerce

American Chamber of Commerce

Primary Exports

Electronics, computer parts, automobiles and parts, electrical appliances, machinery and equipment, textiles and footwear, fishery products, rice and rubber

Residency and Visa Requirements

Citizens of 48 countries (U.S. included) entering Thailand by air will be granted a 30 day stay. If such foreigners enter at the immigration checkpoints which border neighboring countries, they will be allowed to stay for 15 days each time

Special Benefits for  Foreign Residents or Retirees

Obtaining a Permanent Residence Permit also known as Residence Visa/Permanent Visa will allow you to stay in Thailand permanently without the need for a Visa. Thailand offers several residency visa options. Retirees typically want the non-immigrant “O-A” (long-stay) visa.

National Airline

Thai Airways
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Kathleen Peddicord

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
Cover for Kathleen Peddicord's book At Home Abroad
Plus, Revealed Inside Your Free Book: 12 Top Places Where You Can Live The Good Life From As Little As $1000 A Month…
Revealed Inside Your Free Book:
THE SECRET THAT WILL SAVE YOUR FINANCIAL FUTURE
FREE BOOK COWBOY MILLONAIRE THE NEW AMERICAN PIONEER
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Experience The World’s #1 Retirement Haven

Sept. 17-19, 2025
Valencia, Spain

Start Your New Overseas Life Today

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

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Table Of Contents

Thailand Facts And Figures- FAQs

Be The First To Ask About Thailand Facts And Figures

Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

Portugal is known for Fado music and also for being the largest cork producer in the world.

Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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