October 31, 20187 yr Hi ThaiVisa, I am trying to find a definitive source of information that confirms minimum wage for foreigners in Thailand. I know that it is different depending on nationality, and that teachers may be exempt. I am working for a BOI company in Bangkok. Can someone please post a link to the labor law that states these required salaries? Hopefully it would also be certifiably up to date information. Thank you very much. Neek
October 31, 20187 yr I believe, though I may be wrong, that there are two different 'minimum wages'. First is the minimum wage of 300 baht/day which applies to everyone working in Thailand. Second is the minimum wage needed to get an extension of stay for a type O/business visa. This varies with nationality from a low of 25K per month to a high of 60K per month. This is not a minimum wage in the sense that an employer is obligated to pay an employee this much, but from a practical point of view, it would be difficult for an employee to legally stay in the country while earning less than the minimum amount for their nationality.
October 31, 20187 yr Author So, where can I find the most up-to-date minimum suggested salaries, listed by nationality?
October 31, 20187 yr There is no minimum wage for a foreigner. There is only a minimum salary to apply for an extension of stay based upon working for a company. From the police order for extension of stay.
October 31, 20187 yr Author So, effectively, the minimum salary if you work for a large corporation in Thailand as a foreigner is this minimum required for an extension of stay. Is that correct? Could you link to the source of this chart? Thanks! Edited October 31, 20187 yr by neek88
October 31, 20187 yr 2 minutes ago, neek88 said: So, effectively, the minimum salary if you work for a large corporation in Thailand as a foreigner is this minimum required for an extension of stay. Is that correct? Yes it is.
October 31, 20187 yr 29 minutes ago, neek88 said: So, effectively, the minimum salary if you work for a large corporation in Thailand as a foreigner is this minimum required for an extension of stay. Is that correct? Could you link to the source of this chart? Thanks! http://www.thaiembassy.cz/uploads/download/EwgNBPpX8T2vY5jxRdR.pdf
October 31, 20187 yr Those figures are quoted on paperwork to satisfy the authorities but actual salary paid may be much less. Whether you get the 50 grand or not, that is what you will pay tax on.
October 31, 20187 yr Just now, HHTel said: Those figures are quoted on paperwork to satisfy the authorities but actual salary paid may be much less. Whether you get the 50 grand or not, that is what you will pay tax on. Any idea on the tax rate for the 600k salary?
October 31, 20187 yr 1 hour ago, Rc2702 said: Any idea on the tax rate for the 600k salary? Thai personal income tax structure Tax rates First 150,000 0% 150,001 – 300,000 5% 300,001 – 500,000 10% 500,001 – 750,000 15% http://www.rd.go.th/publish/6045.0.html
Create an account or sign in to comment