thailand
Ask question

Is money brought into Thailand taxable if on a retirement visa and not exceeding 180 days?

Thai retirement visaTax liability in ThailandInternational taxationIncome tax for expatsDTA (Double Tax Agreements)Remittance-based taxationThai tax rules
May 24, 2024
6 months ago
Bryant *****
ORIGINAL POSTER
My understanding with the new text policy is that any kind of money that you bring into the country, even if you've already paid taxes on it and another country Will be subject to taxes in Thailand...

So my question is if you are on a retirement visa but don't stay over that 180 day limit, which is the time in country needed to be taxed, is what you bring in during that 180 days subject to tax?
1,899
views
3
likes
60
all likes
32
replies
0
images
10
users
TLDR : Answer Summary
The discussion focuses on whether funds brought into Thailand are taxable for retirees on a retirement visa who stay under 180 days. Key points include the clarification that individuals who stay less than 180 days are not considered tax residents and therefore are not taxed on foreign income. Comments suggest that income received prior to a specific tax date may also not be taxable, and there are implications regarding Double Tax Agreements (DTAs). Community members are encouraged to seek professional tax advice to understand their specific circumstances in light of new tax regulations.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Phil ******
@Bryant ****
 in your case maybe but my case definitely not paying tax here in Thailand as I am Australian and had 2 separate opinions from tax professionals. Suggest you get professionals to look at your circumstances instead of creating false posts. Oh the Thai government is making an announcement in this subject in July.
6 months ago
Like
Reply
Bryant *****
ORIGINAL POSTER
@Phil *****
************************************************
6 months ago
Like
Reply
Phil ******
@Bryant ****
 yes seen it and doesn't apply to me
6 months ago
Like
Reply
Reply to
Phil ******
Reply
John **********
@Phil *****
 really? Link please
6 months ago
Like
Reply
Phil ******
@John *********
 th tax professionals that gave me their opinions are for my eyes only as everyone's tax liability is different
6 months ago
Like
Reply
John **********
@Phil *****
 I was referring to your conjecture that the Thai government is making an announcement in July. First I've heard of it
6 months ago
Like
Reply
Phil ******
@John *********
 i read this off a tax website. This is expected to be a clarification of tax rules for aliens
6 months ago
Like
Reply
John **********
@Phil *****
 can you remember the website? I'd like to read it as I believe they are already clear
6 months ago
Like
Reply
Reply to
John **********
Reply
Jo **********
your understanding is incorrect
6 months ago
Like
Reply
John **********
It's *income* that you bring in that is assessable for tax
6 months ago
Like
Reply
Alan ******
@John *********
 That count's me out.
6 months ago
Like
Reply
Reply to
Alan ******
Reply
Alan ******
Why not wait and see what Thai Taxation propose to do, ur only guessing at the moment adding confusion to an already confusing topic.
6 months ago
Like
Reply
Tony ********
@Alan *****
 they have proposed and implemented, don't expect any further communication from the government. 99% of your tax obligation remains as it has always been, the only change is that you cant claim tax credit because you remitted income in a different year to it being earned. Its upto individuals to read the tax rules and their countries DTA with Thailand to understand their situation. The change just brings Thailand more in line with other countries who also operate 180 day rule and are remitence based.
6 months ago
Like
Reply
Reply to
Tony ********
Reply
Peter *********
No one's knows at the moment how it will effect retirees
6 months ago
Like
Reply
Tony ********
@Peter ********
 it is upto individuals to find out by reading the RD document and your countries DTA. Understand the liability on the funds you have already brought in and will bring in this year if you were to file a tax return. Consider the allowances you can get and the incremental tax rates and tax credits/exclusions under the DTA. But that is all stuff that should have been done when you moved here, and you would be a postion to understand the impact of them closing the loophole. If you work it out and you think you will owe tax, review what your bringing in, if your left with a growing amount in your bank account every month, think about reducing it.
6 months ago
Like
Reply
Peter *********
@Tony *******
 you work as a tax agent ????
6 months ago
Like
Reply
Tony ********
@Peter ********
 absolutly not, i've just taken time to understand what the change is by going to the source documents.
6 months ago
Like
Reply
Peter *********
@Tony *******
 so will it effect the normal retiree no income in Thailand ?
6 months ago
Like
Reply
Tony ********
@Peter ********
 this webinar and others in the same series appear to be quite unbiased
************************************************
6 months ago
Like
Reply
Reply to
Tony ********
Reply
Peter *********
@Tony *******
 how will they know how much funds you have brought into the county pls 🙏
6 months ago
Like
Reply
Tony ********
@Peter ********
 because you tell them in your tax return (if you do one). But if they want to check the detail, or are doing an audit, they have access of all your worldwide bank transactions (from countries signed up to the international treaty). They also have access to all credit card transactions worlwide from countries under a seperate agreement.
6 months ago
Like
Reply
Peter *********
@Tony *******
 you have income from a job in 🇹🇭 most people just send pension money from UK to Thailand 🇹🇭 using wise and already been taxed on it in uk 🇬🇧
6 months ago
Like
Reply
Tony ********
@Peter ********
 yes, but i also bring in taxed income from the UK which to be honest i never declared as it was from previous year and already taxed and under my Thai allowance. The DTA on UK pensions doesnt look great if your living off state pension alone, as there is no/minimul uk tax paid. Private pensions usually are taxed at source (you need a certificate from uk.gov site to claim dta credit in Thailand), and Government employee pensions can only be taxed in UK is my understanding. But if your purely living day to day of UK state pension alone the tax situation hasnt changed in years, this change has just got people thinking about it.
6 months ago
Like
Reply
Reply to
Tony ********
Reply
Nongnuch ********
It's way to early. The actual implementation will be seen in the first quarter of 2025. Funds which you earned before 1st January 2024, and which you can prove you held them before this date, won't ever be subject of taxation in Thailand. Only newly created and transferred income is
6 months ago
Like
Reply
Alistair **********
If you spend less than 180 days here then you aren't a tax resident, so you aren't taxed in Thailand on foreign income.

If you stay over 180 days and are a tax resident, then you should check if there's a DTA as it will help mitigate your tax liability.
6 months ago
Like
Reply
Bryant *****
ORIGINAL POSTER
@Alistair *********
 what is DTA
6 months ago
Like
Reply
Alistair **********
@Bryant ****
 double taxation agreement
6 months ago
Like
Reply
Bryant *****
ORIGINAL POSTER
@Alistair *********
 ty... My understanding is on that that you pay whichever is higher... And It sure seems like Thailand is higher so I would have to pay the balance is my understanding
6 months ago
Like
Reply
Alistair **********
@Bryant ****
 it depends on what your specific DTA says. There may be tax exemptions or credits. It also outlines which country you are a tax resident of.
6 months ago
Like
Reply
Bryant *****
ORIGINAL POSTER
@Alistair *********
 I am in USA...I will have to check
6 months ago
Like
Reply
Pom ********
@Bryant ****
 Not tax if you stay less than 180. Also money transfer to Thailand from Social Security income and money earned up to December 31, 2023 wouldn’t be tax.
6 months ago
Like
Reply
Reply to
Pom ********
Reply
Steve *******
Your understanding is Incorrect!
6 months ago
Like
Reply
Reply to
Steve *******
Reply
Thai Visa Advice and Everything Else
... members · 60% approval rate
The Thai Visa Advice And Everything Else group allows for a broad range of discussions on life in Thailand, beyond just visa inquiries.
Join the Group
Thai Visa Advice and Everything Else
View the Conversation
Thai Visa Advice and Everything Else
What are the tax obligations for DTV visa holders in Thailand and how does it work with regard to the 180-day rule?
22 comments
2 months ago
Do expats in Thailand have to file a tax return after 180 days of residence?
184 comments
2 months ago
How will the proposed foreign income tax in Thailand affect expats planning to stay longer than 180 days?
17 comments
2 months ago
What is the overview of Thailand's income tax for foreigners, especially concerning stays over 180 days and double tax issues?
5 comments
2 months ago
Will my foreign income be taxed in Thailand if I have a DTV Visa and stay over 180 days?
8 comments
2 months ago
Can tourists stay in Thailand over 180 days and file a tax return?
104 comments
3 months ago
What are the tax implications of a retirement visa versus a marriage visa for expats in Thailand?
55 comments
3 months ago
What are the tax implications for investment funds in Thailand for expats?
93 comments
3 months ago
What are the implications of the recent changes in Thailand's tax laws for expats?
114 comments
3 months ago
Does the 180-day rule for tax implications in Thailand reset each calendar year or is it calculated rolling from time of entry?
18 comments
3 months ago
Will my tax-free pension from Australia be taxed in Thailand if I live there for more than 179 days?
278 comments
4 months ago
Will my military disability pension be tax exempt in Thailand if I stay over 180 days on a DTV?
101 comments
4 months ago
How to file taxes in Thailand after staying over 180 days, and who monitors your stay?
67 comments
4 months ago
How do Thailand's new tax laws affect tax liabilities for funds transferred from overseas before gaining residency?
4 comments
5 months ago
Do foreigners staying in Thailand over 180 days have to pay taxes, even on tourist visas?
50 comments
5 months ago
What are the tax implications for expats in Thailand considering a retirement visa or long-term visa?
77 comments
6 months ago
Will my savings be taxed in Thailand if I retire there?
60 comments
8 months ago
What are the tax obligations for expats in Thailand regarding money brought into the country and how do tax exemptions work?
10 comments
9 months ago
What are the new tax rules for expats living in Thailand from January 2024?
35 comments
9 months ago
What are the tax implications for UK retirees spending over 180 days in Thailand?
50 comments
9 months ago
Do retirees in Thailand automatically become tax residents after staying more than 180 days?
57 comments
10 months ago
Can I obtain tax residency in Thailand with a Non-Immigrant O visa considering my travel plans?
8 comments
a year ago
Can I register as a tax resident in Thailand while on a tourist visa?
58 comments
4 years ago
Do I have to pay income tax on my retirement funds from the USA while living in Thailand?
41 comments
4 years ago
What are the tax requirements for expats on a NON-O visa in Thailand staying for over 180 days?
4 comments
7 years ago
Data protection policyTerms and conditionsDisclaimerPrivacy policyRefund policy
The asq:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.