News

Starting this year, Thailand’s Revenue Department has revised its approach to taxing foreign income received by tax residents. Paul Ashburn of HLB Thailand summarises the changes Historically, if a person was a tax resident of Thailand and they received income from offshore, they could avoid paying Thai tax on such income by receiving the income offshore and deferring any remittance into Thailand until...

Thailand ranked among the 10 best countries for expats. Annual survey reveals Thailand is growing in popularity with expats. Thailand has been ranked among the top 10 places for expats to live, according to the annual Expat Insider Survey carried out by InterNations. The latest rankings see Thailand move up to 6th place from 8th place in 2022 and 14th place in 2021. Each year, InterNations, a global...

The Ford Foundation is committing $50 million in a new program designed to support 240 social justice leaders around the world over the next 10 years. The inaugural class of 24 fellows of the Global Fellowship program, launched Monday, includes social justice leaders from the United States, Brazil, Africa, and the Middle East. The group represents a range of backgrounds and approaches to address...

When will Coronavirus Travel Restrictions be Lifted? Each country’s approach to travel is changing on a case-by-case basis. Generally, domestic and international travel bans are being lifted once the number of coronavirus cases have plateaued or begin to decline. Below, we list the countries that are now planning to ease lockdown measures. Italy has announced that its borders will reopen to European...

In this episode of New Build Stories, BOAT chats with Gian Marco Campanino, art director of The Italian Sea Group, and interior designer Mark Berryman on the 65 metre Admiral superyacht Life Saga The owner of Life Saga “doesn’t go indoors unless the weather is diabolical,” says the yacht’s captain. So the creation of the boat was focused very much on maximising outdoor...

As 2020 unfolds, every business mind is boggled by one question “Where to Invest?”. As an investor, you should care a lot about economical and political stability when choosing where to invest your money in. The current COVID-19 pandemic has caused great worry for many investors. And they are right to be The Congressional Research Service claims that the pandemic could trim down global economic growth...

Home values, where overbuilding has caused a yearslong price slump, were already down 30% from their last peak in 2014 The pandemic and the resulting postponement of Dubai’s long-awaited World Expo, which was supposed to commence in October, ensures the city’s yearslong price slump will persist for at least another year. “Last year, we said values would go down 7% to 10%” in 2020, said Haidar...

When last we checked in with Kanye West, the mercurial hip-hop superstar-turned-footwear magnate, I was tiptoeing through a parking lot crop circle composed of hundreds of pairs of his Yeezy sneakers. “I’m not a numbers guy,” he explained ten months ago. “To ask me to somehow translate this to numbers is to ask your grandmother exactly what the recipe of the cake was.” There’s only one number...

Leading Yachts of the World (LYW), the ground-breaking travel technology brand, has accelerated its global expansion strategy with the opening of a new office in Monaco.   The Mediterranean principality, which is famed for its glittering harbor and high-end clientele, becomes the company’s sixth global location, along with Singapore, Bangkok, Phuket, Hong Kong, and Palma de Mallorca. The new...

Marbella’s luxury hotels are considering price drops of around 30 percent to entice holidaymakers back when Spain’s lockdown ends. IN a bid to ensure that the Costa del Sol remains a competitive and attractive destination, Marbella’s hotel association Marbella All Stars is considering adjusting its prices and service offering to reactivate tourism once the State of Alarm ends. Several luxury...