Thailand Facts And Figures

A woman pets a small elephant as he lifts his trunk

Population	68,200,824 (July 2016 est.)
Gross Domestic Product PPP (GDP)	US$1.161 trillion (2016 est.)
GDP Per Capita	US$16,800 (2016 est.)
Inflation Rate	0.2% (2016 est.)
Currency	Thai Baht (THB)
Exchange Rate Versus U.S. Dollar	35.4 baht per U.S. dollar (2016 est.)
Language	Thai, English (secondary language of the elite), Burmese, ethnic and regional dialects
Capital	Bangkok
Population of Capital City	BANGKOK (capital) 9.27 million; Samut Prakan 1.814 million (2015)
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 Prayut Chan-o-cha (since May 22, 2014)
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	http://www.thaichamber.org
American Chamber of Commerce	http://www.amchamthailand.com/acct/asp/default.asp
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	http://www.thaiairways.com