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Do I need to pay taxes in Thailand if I only use my foreign bank cards and withdraw cash without transferring funds?
Dec 18, 2024
3 months ago
Anonymous *************
ORIGINAL POSTERTLDR : Answer Summary
As a Thai tax resident with a DTV (Digital Nomad Visa), if you withdraw small amounts of cash from ATMs using foreign bank cards and do not transfer funds to a Thai bank account, you may not need to pay taxes unless your total assessable income exceeds 60,000 baht. If you maintain a Thai tax residency by staying for 180 days or more in a calendar year, and your assessable income meets certain thresholds, you might be required to obtain a Thai tax ID and file a tax return.
DTV VISA RESOURCES / SERVICES
- Take the basic DTV Qualification Test to see if you're eligible for the Destination Thailand Visa (DTV).
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- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
