Am I required to pay taxes in Thailand with a DTV visa on my foreign income?

Oct 26, 2024
2 months ago
Shikma *******
ORIGINAL POSTER
Hello,

I would like to know if, with a DTV visa, I am required to pay taxes in Thailand on my income. Do I need to report anything? After all, I already pay taxes on my income in my home country.

Also, I do not have a bank account in Thailand.
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TLDR : Answer Summary
If you hold a DTV visa and spend more than 180 days in Thailand, you are considered a tax resident and may be liable to pay taxes on your income, even if you've already paid taxes in your home country. The key factor is the duration of your stay, regardless of your visa type. However, if you do not remit your income into Thailand, there may be no tax liability. It's essential to report your income appropriately, and you may consult your home country's tax agreements with Thailand for potential credits on taxes already paid.
DTV VISA RESOURCES / SERVICES
John **********
Your visa is irrelevant. What's relevant is the time you spend in Thailand each calendar year, 180 days or more then you automatically become tax resident. Once tax resident income you bring in to Thailand is assessable for tax, doesn't matter if you bring it in your pocket, withdraw it from an ATM or whatever. If your country has a dual tax agreement with Thailand you can claim a pro rata credit on the tax already paid on the income you bring in
Dominic ******
@John *********
+1 on this, perfect summary

I've been told by an accountant that even payments I make with my foreign debit card (like every bottle of water at a 711) is also money brought into the country. Nuances, but important ones.

Of course the big ones are rent, bills and such.

P.S.: It's 180 days, not 190 but I'm sure that was just a typo. <3
Kersh *****
@John *********
So many people jumping on the DTV will be 100% hit with the Thai Tax, very crafty way of bringing them in, especially many have been having to prove income and their bank accounts and even pay slips.
Dominic ******
@Kersh ****
To be completely honest with you, that's those people's problem. One should do proper research before moving to another country. ๐Ÿ˜ƒ

And I'd argue that the
******
/183 day rule (different depending on which country you go to - 180 for Thailand) is common knowledge as soon as you start googling 'what does moving to another country entail', 'tax when moving countries'.

Sure, if you just blindly move without doing any research, then good luck. ๐Ÿ˜ƒ
Dominic ******
It's important to note that the DTV and the tax liability don't have anything to do with each other directly.

You can have DTV and not pay tax.

You might have to pay tax without a DTV.

The tax depends on you being a tax resident, which is defined as being in the Kingdom for more than 180 days in a given year, independent of the visa.

The Thai bank account doesn't matter either. No matter how you bring money into the Kingdom, if you stay for 180 days or more, you're liable to pay tax on that.

Hope that clarifies it a bit. ๐Ÿ™‚
Richard **********
@Dominic *****
It's 180 days, not 183 days, of stay to be considered as a tax resident.That number is critical.
Dominic ******
@Richard *********
That's correct. ๐Ÿ‘
Andy ************
Just bring wads of cash whenever you come in. I've been doing that for the last year or so, ever since this tax thing was mentioned.
Dominic ******
@Andy ***********
So, you are suggesting tax evasion then? Technically you'd have to pay tax on that cash too. Doesn't matter how the money enters the Kingdom. If you stay more than 183 days, you have to pay.

Just leaving that comment for others here. To each their own, but please be aware of the law and tax regulations and know what you are getting yourself into. ๐Ÿ™‚
Andy ************
@Dominic *****
It's what's known as the "cash economy", it goes on around the world, people avoiding tax (especially small businesses) by doing work for cheaper prices by accepting cash payments. I'm surprised you didn't know about that? Lots of things in life are "technical", there's always workarounds. No big deal. If anyone is happy enough to WANT to pay tax on money they bring into Thailand, they're free to do that. It's called "freedom of choice". I'll leave that comment here for others. By the way, it's 180 days, not 183
Dominic ******
@Andy ***********
Law is not a choice. And I sure know about our cash economy. And I very much so despise it. It's illegal and it's sad to see that people try to make it look like it's ok, just because it happens everywhere.

I pay my tax everywhere and to the amount I owe. As should everyone else.
Andy ************
@Dominic *****
Everyone else should also abide by the law. But how many expats pay agents every year, who then pay br*bes to immigration officers to obtain visa extensions? Br*bing government officials is like a cancer in our society - where does it end? And yet for some reason, so many (as you say) think it's ok! 25,000 baht for a 1,900 baht extension. Many expats are happy to pay the 500 baht "fine" for not having a motorcycle licence, or not wearing a helmet when riding, and expats just laugh and say it's "tea money" and that makes everything ok. People are happy to pay 5,000 baht for a f*ke Rolex Watch, and that's all ok. Yes it's a strange place Thailand, but it is what it is. And it's all good. I visit about a dozen national parks every year, so I pay my tax dues in the admission price like all foreigners! ๐Ÿ˜†
Michael *******
@Andy ***********
maximum 10k usd per travel ?
Andy ************
@Michael ******
20k without reporting
Pete *******
As long as you are Thai tax resident and do not remit this income into Thailand then there is no Thai tax liability.
Dominic ******
@Pete ******
Be aware though that this has been changed. It's going to be worldwirde income.
Pete *******
@Dominic *****
be aware nothing has changed. Worldwide income tax is a political pipe dream. I only go by current reality.
Shikma *******
ORIGINAL POSTER
Flemming ********
Starting from this year, all income will be taxed, if you spend more than 180 days in Thailand.

You can deduktive tax already paid in other countries, if Thailand has a tax agreement with that country.

Before next year, no one really knows what will happen and how they will do it.

But I will stay less and not bring in as much money as before. Better safe than sorry. 35% of my income and I get absolutely nothing in return
Dominic ******
@Flemming *******
You get absolutely nothing in return?
Flemming ********
@Dominic *****
hospital? School for kids?

Pension?

If I have to pay more than 1 Mill, I would expect just a little in return.
Dominic ******
@Flemming *******
I know, it's different compared to Europe (assuming we're coming from the some corner of the world - sorry if wrong).

But you still get something. The tax is just put into other areas than we would hope it was. ๐Ÿ™‚

I'm not saying the state of it is great but we do get something in return.

If you want all that, Thailand might be the wrong country. I can recommend Germany. Tax goes into those three areas quite heavily. ๐Ÿ™‚
Greg ********
@Flemming *******
No, even if Thai Tax Resident not all income is taxed. Only money remitted into Thailand is assessable. Then there are DTA etc and other agreements
Dominic ******
@Greg *******
Yeah, that's the important bit which makes a huge difference. ๐Ÿ˜ƒ
Flemming ********
@Greg *******
yes, I should rephrase that. All income brought in to Thailand. Of course not income in other countries.

But that is bad enough.
Greg ********
@Flemming *******
Actually it is not bad. Of yiu already paid tax elsewhere and there is a DTA the amount of tax payable will be neglible unless yiu are bringing substantial amounts. I am tax resident here. The Thai Tax Submission is the easiest I have done out of UK, Belgium.Singspore and now Thailand. There is a lot of bedwetting over this and mostly stirred up by dodgy tax advisors who were selling dodgy financial products previously. Anyone who would be hit by this is wealthy enough ti have qualified tax advisors and not done dodgy financial advisor whose main office is Soi Nana
Flemming ********
@Greg *******
let's say someone send 20-30.000 to a Thai girlfriend from abroad. SHE will be taxed, because she has not been taxed before.

Or a pensioner who has a big sum in home country and transfers 100.000 every month. How can he prove that the money has already been taxed.

But truth is, no body know how they will enforce it.

I would have to part with 35% of my salary, if I stayed 180 days, so I choose not to. I can rent an apartment for 12 month in neighboring countries for that. If I pay tax, I get absolutely nothing in return.

And if I pay tax, I bet I will still have to pay the new tourist tax, they still talk about. On every entry.
Greg ********
@Flemming *******
Not a chance in hell she will be taxed on that. There is a gift allowance too but I think that may only be for family. As for pensions the provider or tax authorties is home country will provide documentation. There is too much fear, uncertainty and doubt being spread about tax. It is the same if you were tax resident in yiur home country and money coming in from overseas. Tourist Tax of 300 Baht per entry. Will that break the bank. Simple solution. Do not come toThailand. As for nothing in return what do you want? Yiu get roads and other infrastructure. The police and other government service but as I said. Swampy exit is available
Andy ************
@Flemming *******
All income won't be taxed. It's dependent on each individual circumstance. A person might be a tax resident in another country which would take precedence or might only transfer pension money which may be non-taxable in Thailand. Too many variables
Graham *******
@Flemming *******
I have philippines retirement visa I will spend more time out side of Thailand as many will do.
Pete *******
@Flemming *******
you become Thai tax resident after 180 days in Thailand in any given tax year.
Graham *******
This describes the tax laws as of today, there is a proposal to extend this to global income.
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you need also to consult the relevant DTA.
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additional you have some in country allowances.
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/FOREIGNERS_PAY_TAX2024.pdf you need also to consult the relevant DTA. https://www.rd.go.th/english/766.html additional you have some in country allowances. https://www.rd.go.th/english/766.html please share as many are not aware or still in denial.
Andy ************
@Graham ******
Beware of this guy. He's giving out a lot of vague information in his pursuit of poor suckers who don't know any different!!
Ray *****
@Graham ******
it's not in denial, it's the reality of being here for a long time and knowing how ill equipped they are to actually follow this through.

We all just have to wait and see what actually happens. History has proven not a lot actually happens.
Graham *******
@Ray ****
as far as taxing foreigner on overseas remittances they have never done it before, remember they have a new government now and sometimes a new broom sweeps clean. May be there will be a U-turn but as of today there is no sign of that.
Boaz **********
@Graham ******
How can they tax someone who doesnโ€™t have a bank account?

How can they calculate how much one earned?
Dominic ******
@Boaz *********
Of course.

FBAR, ITRS, etc.

Please don't try to avade tax, it's gonna bite you in the end.

If you want to take advantage of Thailand with the DTV, just play by the rules and pay your tax. It's likely going to be 0 anyway because I'm sure you already paid tax in your home country and the Thai tax is quite low compared to most other countries that I know of.

So, you're all safe. ๐Ÿ™‚

Also, it's not their job to figure it out. Your obliged to report it correctly.
Graham *******
@Boaz *********
Boaz, there are many things we are struggling to work out how to comply with this, the Thai gov has a habit of this kind of thing. You are required to work out what you owe and pay it. There is a 200% penalty for not filling.
Dominic ******
Graham Heyes ^ this
Andy ************
@Graham ******
And one thing Thailand is famous for is "amnesties". No-one's going to be fined anything! ๐Ÿคฃ
Graham *******
@Andy ***********
"Amnesties" more like bribery Andy! I wonder how much these "Amnesties" will cost:
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