Thailand is in South Eastern Asia, bordering the Andaman Sea and the Gulf of Thailand, southeast of Burma. The climate is tropical, rainy, warm, and cloudy. The official language is Thai. English is widely spoken at major commercial establishments. The main religion is Buddhism. The economy of Thailand is an emerging economy which is heavily export-dependent, with exports accounting for more than two thirds of gross domestic product (GDP). Thais have an elaborate code of courtesy and prefer to avoid confrontation. Expatriate business dress is generally a conservative light suit for both men and women. The security risk for expatriates in Thailand is low overall, but medium in the Burmese and Cambodian border areas, Hat Yai, and Bangkok, and high for the southern provinces of Narathiwat, Yala and Pattani. Risks include petty crime, protests, the underlying threat of terrorism and insurgency in the southern provinces of Yala, Narathiwat and Pattani. The currency of Thailand is the Thai Baht (THB). Private medical facilities are generally good, however the cost of treatment for expatriates can be high. Many hospitals require guarantee of payment before they will start treatment. Cases of Zika virus and hand, foot and mouth disease have been reported. Dengue fever occurs. Smoke haze and air pollution may aggravate bronchial, sinus or asthmatic conditions. The population of Thailand is 68.9 Million (2019 est.), while the inflation rate (CPI) is 0.87% for Thailand as at June 2019. Xpatulator Hypothetical Tax for Thailand is based on the current personal income tax rates which are progressive up to 35%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Thailand, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Thailand as at 1 July 2019 is average in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: High 3) Communication: Very Low 4) Education: Very Low 5) Furniture & Appliances: Average 6) Groceries: High 7) Healthcare: Low 8) Household Accommodation: Average 9) Miscellaneous: Very High 10) Personal Care: Very Low 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Low 13) Transport: Low Thailand is for example 8% more expensive than USA for groceries, -6.2% cheaper for household costs than UK, and 77.2% more expensive for transport costs than India. The hardship premium for Thailand for an expat from Australia, is for example 20%, i.e. host location (Thailand) premium of 30% minus home (Australia) location premium of 10%. Thailand is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Thailand? Register subscribe to your home location and Thailand and run your personalised reports.