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Answered2 years ago

What are the best options for moving my online business from Canada to Thailand?

Mala *****
asked Jun 7, 2024
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Hi, my family and I are moving from Canada to Thailand. My husband has his own consulting company and works online. Has anyone moved their business to Thailand, or have you kept your business and residency in your home country? Trying to figure out the best way to go about this, thanks in advance for your help.
Answer summary
A user is seeking advice on the best approach for relocating their family's consulting business from Canada to Thailand. Comments suggest considering tax and legal implications, mentioning that online work might face restrictions in Thailand. Some users share their experiences of keeping their businesses in Canada while staying in Thailand, recommending legal consultations to navigate visa requirements. Discussions also touch upon future visa types for online work and potential educational needs for children.
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Peter ********
Peter ********
I’m not really sure if you are as naive as you sound. I’m from N Korea and I’m planning to come to Canada and set up a business spying on the USA. What would you say to that? First off you’d point out that Canada has rules and visas and work permits. And that’s just the problem for starters. You can’t just say you are moving to another country to work and ask a few questions on FB. That’s impossible and ridiculous unless you plan to get arrested and have your kids removed from you. So for starters does your husband have a real business and is he working with a a fully experienced business lawyer in Bangkok to operate the business legally with employment and work permit and visa authorizations? Or is this at the stage of being a hair-brained scheme cooked up with a friend who once changed planes in Bangkok after a boozy dinner one Saturday night? Because frankly this is how this question reads. And I’m not trying to be nasty. I’m trying to establish if you and your husband actually are serious about this plan or is it just a fantasy?
Tulip ********
Tulip ********
@Peter *******
why dont you tell it like it is? Don't sugar coat it. Dont forget they might be criminals, or murderers, or serial killers on the run with fake IDs.
Sone ********
Sone ********
naive, impossible, ridiculous, hair-brained. You’re not trying to be nasty - it just comes naturally? Even if it’s a fantasy, is that a reason for ad hominem attacks? Smh.
Peter ********
Peter ********
@Sone *******
Ad hominem. Nice classical education. That’s kind of unusual on FB. It’s mainly 4 letter words. No, I dispute what you are saying. It was the truth. People don’t seem to like the truth anymore. I guess you never went to my high school and had my teachers who would tackle BS head on. London of course. 555
Terary **********
Terary **********
For 9 years I have been "working remotely". The Thai Government as mentioned they will start collecting taxes from people staying here long term - but they haven't really indicating who will pay, how much they will pay, nor what is to be done about double taxation. You will find people in this group who speculate about new tax policy but it hasn't been implemented yet so nobody really knows.

There is some benefit to creating a business here (if you do it right you can get some visas) but it's complicated and very little benefit.

If your family includes children you will need to concern about educating them, specifically will you be sending your kids to school or home school. If you send them to school, how much, will they help with the kid's visas, etc.
Mala *****
Mala *****
OP
@Terary *********
I did see that you can get an education visa, so that may work as our son will be going to school
Robert *****
Robert *****
My advice….KEEP IT ON THE DOWN LOW
Patrick ********
Patrick ********
@Robert ****
exactly
Kathy ************
Kathy ************
New visa information coming for online business

Good luck and welcome

🙏
Flukie ******
Flukie ******
I really hope to hear about DTV visa and that they make it official.
Sabine *****************
Sabine *****************
We are in the process of relocating to Thailand and I have my own online business and for the time being, I will keep it here in Canada.

We also still own a home here so Canada will continue to be our residency for tax purposes.

Remember that online work is not permitted in the kingdom so hopefully the new DN visa will make it a bit easier for some people. I’ve heard more info is coming out end of June - early July.

You can also check out Shelter Global for a way to work legally in Thailand. Comes at a cost - but better than deportation 😏

Hope this helps a bit 😊
Mala *****
Mala *****
OP
@Sabine ****************
thanks Sabine, I’ll take a look.
Keith ************
Keith ************
@Sabine ****************
the new visa will be for 180 days/year for 5 years, with the chance to extend to 360 days one of those years.

It wouldn't work for people living here full time.
Sabine *****************
Sabine *****************
@Keith ***********
I wasn't sure if the 360 days is a one time (in 5 years) occurrence? Kinda reads like this but then it also doesn't. Or maybe just wishful thinking on my part lol....
Keith ************
Keith ************
An additional note -- you'll also be a tax resident of Thailand if you stay here for more than 180 days in a year. Thailand and Canada have a tax treaty, but I'm not sure of the details.
Sabine *****************
Sabine *****************
@Keith ***********
Yep - lots to figure out yet....and it makes my head hurt! My understanding is that the tax treaty states that the income is taxed in Canada and not taxed in Thailand - I mean, that's what the treaty is for right? But like I said - haven't figured that part out yet...
Helen ********
Helen ********
I'd suggest also posting in Canadians in Thailand | Canadiens en Thaïlande . There are loads of tax and legal issues so I'd also suggest you talk to a lawyer in Thailand.
Mala *****
Mala *****
OP
@Helen *******
thanks Helen, I’ll try that site; thx again

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