BANGKOK: The government has unveiled groundbreaking tax incentives designed to entice skilled Thai expatriates back to their homeland in a bid to reinvigorate the economy and reverse the brain drain.
Under new regulations published in the Royal Gazette on Monday (March 24), returning Thai nationals with at least a bachelor's degree and two years of international work experience will benefit from a fixed 17 per cent income tax rate. This represents a significant reduction that could potentially save thousands of baht for top-tier professionals.
