I have heard on the 'grapevine' that the Thai is either now or in the near future planning to tax pensions from overseas and any lump sum payments to whoever in Thailand for 'Farangs' (hate that word should have said foreigners).
I heard that the tipping point for this taxation is stays of over 180 days in the kingdom in a calendar year, and would most probably impact long-stay, retirement and married-to-Thai foreigners.
Any truth to this rumour and if so to what extent and what are the implications? It seems that the money in a bank account is already a significant implementation to long stay.visas in Thailand.
Please just genuine knowledgeable responses.
TLDR : Answer Summary
Recent discussions have emerged about Thailand potentially taxing pensions from overseas for foreigners, especially those staying longer than 180 days in the country. While there are rumors, it seems this taxation is becoming an official rule set to take effect in 2024. This would primarily affect long-stay retirees and foreigners married to Thai citizens. Many participants in the discussion emphasize the importance of consulting an accountant to navigate the complexities of the new tax regulations, especially given the existence of dual taxation treaties which may afford some exemptions depending on one's country of origin.
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