CONNECT WITH US
Fintech

Fintech

Thailand Postpones US$30 Departure Tax on Travellers

Fintech News Singapore logo

Published on

Add as a preferred source on Google
Thailand Postpones US$30 Departure Tax on Travellers

Thailand has postponed a proposed THB1,000 (US$30) departure tax to avoid adding to the cost of international travel.

Finance Minister Ekniti Nitithanprapas confirmed the decision, according to the Bangkok Post.

The proposed levy has faced opposition from the Association of Thai Travel Agents.

The association estimates that it could reduce annual tourism revenue by THB50 billion to THB150 billion (US$1.48 billion to US$4.45 billion).

The Revenue Department opened public consultation on 30 September, with feedback accepted until 29 October.

The levy would initially apply to eligible travellers of all nationalities leaving Thailand by air.

Ekniti also cited rising energy prices and airline operating costs amid tensions in the Middle East.

Thailand has proposed raising its long-delayed foreign tourist entry fee from THB300 (US$9) to THB450 (US$13).

The revised fee would eventually apply to visitors arriving by air, land and sea.

The departure tax postponement does not affect this separate proposal, which falls under the Ministry of Tourism and Sports.

The government expects tourism to grow in the fourth quarter and hopes to build on international interest following Thailand’s hosting of the International Monetary Fund (IMF) and World Bank annual meetings.

Thailand welcomed 24.42 million foreign visitors from 1 January to 17 October 2026, generating THB1.19 trillion (US$35.27 billion) in tourism revenue.

China accounted for 4.14 million arrivals, followed by Malaysia with 3.10 million and India with 1.84 million.

Featured image: Edited by Fintech News Singapore, based on images by Anil Murthy / WIPO via Flickr and mahade007 via Magnific


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.