Finance
Thailand’s New Low-Tax System for 2024
From the 1970s hippie trail to full moon parties and the influx of travellers following in the footsteps of Alex Garland’s famous novel The Beach, generations of Westerners have sought…
Thailand
Nomad Passport Index Ranking
102T
Nomad Rank
66.00
Total Score
Country
Thailand
Capital City
Bangkok
Language
Thai
Currency
Thai baht
Region
Asia
Landlocked
No
Thailand
Nomad Passport Index Ranking
The passport of Thailand is currently ranked as 102T, with a total score of 66.00. Thailand passport ranking relative to other global passports is calculated by relying on the Thailand government's approach not just to travel, but also to international taxation laws, global perception, dual citizenship, and personal freedom as just the number of countries Thailand passport holder may visit won't tell the whole story and you will have to deal with far different requirements to pay tax, live freely, comply with regulations, and avoid scrutiny when traveling.
| 94 | 40 | 40 | 40 | 30 |
| Travel | Taxation | Perception | Dual Citizenship | Freedom |
Visa-Free
Visa On Arrival
Visa eTA
Visa Required
Travel Destinations from Thailand 50% in total score
For the Thailand Travel score calculation, we relied on data from the IATA, Henley Index, and news sources to rank travel access. We calculate the Travel scores by summing up Visa-free, Visa On Arrival, and eTA countries. Based on that data, we assigned Thailand a Travel score of 94 as there are 38 countries that Thailand passport holders can enter without a visa (i.e. visa-free countries), 51 countries that allow Thailand passport holders to enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) and 5 electronic travel authorization (eTA) destinations. Altogether, Thailand passport holders can enter a total of 94 destinations — either without a visa, through a visa on arrival, or via an eTA. Separate from these 94 destinations, there are 156 additional destinations which Thailand passport holders either need a physical visa to enter or an eVisa.
Taxation in Thailand 20% in total score
For the Thailand Taxation score calculation, we relied on data from our network of tax vendors, news sources, and tax authorities themselves. We assigned the lowest score of 10 to countries that tax citizens no matter where they live, scores of 20 or 30 to countries that allow citizens to relocate to avoid tax, 40 to those that don’t tax foreign incomes of resident citizens, and 50 to countries with zero tax. Based on that data, we assigned Thailand a Taxation score of 40, meaning that Thailand don’t tax foreign incomes of resident citizens.
LET US CREATE YOUR HOLISTIC OFFSHORE PLAN
Having a second residence in another country is a great way to diversify away from your home country, pay less in taxes, and possibly obtain a second citizenship, but are you sure that Thailand is the best option for you? Let our experienced team create and implement a bespoke, holistic strategy for you to legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind. We've helped 1,500+ HNWI entrepreneurs and investors and we can help you, too.
BECOME A CLIENTPerception in Thailand 10% in total score
For the Thailand Perception score calculation, we relied on the World Happiness Report, the Human Development Index, and subjective factors from our networks’ experiences to determine how each country’s citizens are received and recognized. We assigned the lowest score of 10 to those whose citizens are refused entry to a substantial number of countries and/or whose citizens encounter substantial hostility, scores of 20, 30, and 40 to countries whose citizens experience intermediate hostility, and 50 to countries ranked among the happiest in the world and whose citizens experience minimal hostility. Based on that data, we assigned Thailand a Perception score of 40, meaning that Thailand citizens experience intermediate hostility.
Dual Citizenship in Thailand 10% in total score
For the Thailand Dual Citizenship score calculation, we relied on embassy data and our experiences to assess the ability to hold dual citizenship, ranging from a score of 10 for strictly forbidden to a score of 50 for freely allowed. We assigned the score of 10 and 20 to countries whose citizens are strictly forbidden to hold other citizenships, scores of 30 and 40 to countries whose citizens are often allowed to hold other citizenships but with certain restrictions, and 50 to countries whose citizens are almost always allowed to hold other citizenships. Based on that data, we assigned Thailand a Dual Citizenship score of 40, meaning that Thailand citizens are often allowed to hold other citizenships but with certain restrictions.
Freedom in Thailand 10% in total score
For the Thailand Freedom score calculation, we relied on data and news reports on mandatory military service, government surveillance, press freedom, and other factors to determine the personal freedom of citizens, travelers, and expats, with scores from 10 being the least free and 50 being the freest. We assigned the scores of 10 and 20 to countries whose citizens have low freedom, scores of 30 and 40 to countries whose citizens have intermediate freedom, and 50 to countries whose citizens have total freedom. Based on that data, we assigned Thailand a Freedom score of 30, meaning that Thailand citizens have intermediate freedom.
ARTICLES FEATURING Thailand
Global Citizen
How to Get Residence in Thailand: The Ultimate Guide 2024
Thailand is a popular Asian travel destination for global investors, offering an abundance of opportunities for those seeking residency in this captivating country. This article is your ultimate guide to obtaining…
Global Citizen
Cambodian CM2H vs. Thailand Golden Visa Programs 2024
This article will discuss 10-year residence visas offered by Thailand and Cambodia – the Cambodian CM2H program and the Thailand Long-Term Resident Visa. Home to three of the largest economies…
Expat
The three most important words in Thailand
Reporting from: Udon Thani, Thailand I’ve been stuck in airport limbo for most of the day, so please excuse the brevity of this post. After a month on the ground…
SIMILAR PASSPORTS
Thailand
| Rank | 102T |
| Score | 66.00 |
| Travel | 94 |
| Taxation | 40 |
| Perception | 40 |
| Dual Citizenship | 40 |
| Freedom | 30 |
Thailand