Yes it is happening everywhere. Some places are still allowing 'attractive' Visa arrangements and zero taxation issues, but they are all being pushed to deal with the large number of criminals who have been using countries to hide their wealth, income and activities. Thailand has a very large number of them, and going forward they will be clamping down more and more of foreigners . Unfortunately, that will also include those that have retired/moved here and are not criminals. Governments and international bodies are implementing standardized, cross-border frameworks to eliminate shell companies, track digital assets, and force automatic exchange of financial data. These interlocking systems deny tax evaders and criminals the ability to hide illicit wealth and their activities. It is being enforced through the use of Trade and Banking and Diplomacy. Thailand is desperate to become a full member of OECD and other Trading Bodies and there are 'qualifying' conditions including being a far more active participant in the global crackdown on criminals and tax evaders. Thailand is also desperate not to have their International Banking arrangements curtailed for any non-compliance - hence the massive over-reation by the Bangkok Bank regarding annual extension letters. It is only just beginning.
