What are the tax implications for expats staying in Thailand on a DTV visa?

Nov 25, 2024
4 days ago
My DTV visa expires mid-January. I would most probably like to extend my stay in Bangkok. Life is so nice here. Does that mean that I am going to get taxed in Thailand? And if yes, what are they going to tax exactly? And how could they ever check on my income? Some is here, some is there… I suppose I would have to find myself a local accountant?

Any thoughts?
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TLDR : Answer Summary
In the context of a DTV visa in Thailand, if you stay for 180 days or more within a calendar year, you become a tax resident. This means that any assessable income you bring into Thailand may be subject to taxation. Specifically, only funds remitted to Thailand are taxed, and you might need to register for a tax identification number if your income exceeds certain thresholds. Some contributions to taxation vary based on tax treaties with your home country, and it is advisable to consult with a local accountant for specific guidance.
DTV VISA RESOURCES / SERVICES
Andrew ********
Dude just go on a 2 day holiday to vietnam or something lol
Dan *********
🤦‍♂️
Da ****
Some official information that might help:
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Biff *******
Just fly out and come back again. New 180 day stamp when you get back. The tax issue isn't clear yet. Worry about that when it is.
Da ****
i wonder how they will even determine how much money you brought into the country when you do not use a thai bank account. its even hard for me to tell. i would need to check all sorts of things.
Urs ********
@Todd ********
Actually YOU are the worthless dude in Thailand. And you even know it!
Urs ********
@Todd ********
Big mouth, nothing else. Get off your high horse, you're not the great guy you think you are.
Todd *********
@Urs *******
don’t forget to pay your tax. Thailand thanks you
Urs ********
@Todd ********
I'm tired of arguing with loudmouths, impostors, uneducated and vile creatures. Bye!
Todd *********
@Urs *******
thank you for finally shutting up. Everyone will be happy. Don’t go away mad, just go away 🙏
Urs ********
@Todd ********
Yes Cheap Charlie and freeloader who contributes absolutely nothing in Thailand.
Urs ********
@Todd ********
I hope that one day Thais will react appropriately to arrogant and rude people.
Todd *********
@Urs *******
I’m sure they will sort you out
Urs ********
@Todd ********
Go back to your run down country where you belong. No one wants you here.
Urs ********
Todd *********
@Da ***
it doesn’t matter if you bring it in or not.
Da ****
@Todd ********
thats absolutely incorrect. there is no taxation on worldwide income. you are mistaken… even if some officials were discussing it, its not the law.
Todd *********
@Da ***
you are absolutely incorrect. You have no idea what you are talking about at all. Don’t be so foolish here please. Familiarize yourself with the situation. Clearly tax law is not your thing. Refer to the tax treaty with your home nation for clarity with regard to dual taxation
Da ****
@Todd ********
okay then start reading the official regulations.

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it clearly states that its about money you bring in to thailand and not all foreign income. only money that was remitted to thailand.

educate yourself first before making wild claims here.

„If a foreigner derives income from sources outside Thailand, such income is subject to income tax if the two following conditions are met:

such income has been earned in any tax year starting from 1 January 2024 onward by a foreigner who stays in Thailand for 180 days or more in a tax (calendar) year, and;

such income earned has been remitted to Thailand (wholly or partially), even if that remittance occurs in a later tax year.“
Todd *********
@Da ***
‘Read the official regulations’ and then adds a link that is not the official regulations. 😂😂😂 one more who thinks he is going to evade the tax system. Good luck Da Ny. Only the stupid will suffer
Urs ********
@Todd ********
and that will be YOU!
Todd *********
@Urs *******
I won’t be paying any tax. But many of you will…
Urs ********
@Todd ********
I pay less tax than in my home country and I pay much less for first-class health insurance than in my home country. That's fine for me. Paying taxes in Thailand doesn't have a big impact on my financial situation.

I don't mind contributing to the infrastructure that I use every day in this country. I am not a cheapskate who wants everything for free.
Todd *********
@Urs *******
u think you are alone in finding the first class healthcare lol? I won’t be paying any tax in Thailand, largely because I know what I’m doing. I will however still be be liable for a very small percentage of tax in my home country. So you enjoy your contribution to the infrastructure we all use. I appreciate your donation
Urs ********
@Todd ********
I also consider it a donation. And sometimes I even give a generous tip to the garbage collectors and the women who clean the streets. Out of gratitude for their hard work. I guess you're someone who takes their work for granted, right?
Todd *********
@Urs *******
😂😂😂 what kind of thought process led you from international tax discussion to tipping ‘the women who clean the streets’? 😂 How high are you now?
Urs ********
@Todd ********
And you're the farang that doesn't respect country and people.
Urs ********
@Todd ********
You're the typical cheap Charlie who wants everything for free.
Urs ********
@Todd ********
You must be out of your mind
Da ****
@Todd ********
how is the official thai revenue department not official? lol… its the correct ministry that is in charge for the tax. and they were even so nice to create a comprehensive overview in english language for people like you. believe it or not…. thailand does not tax on worldwide income. i guess thats pretty clear and can be read in many sources… thailand taxes income that is remitted to the country in the same fiscal year no matter when you actually earned it… inform yourself.

where do i say that i will evade the tax system? my income is under a DTT and no issue at all. i am just pointing out the current regulations..

yes there have been talks about worldwide income but its not law. (yet)
Urs ********
@Da ***
As for DTV, it's hard to say because many complain that no bank will open an account for DTV holders. And no Thai bank account means logically they can't tax you, even when you stay more than 180 days a calendar year.

In my case (1 year retirement visa) I have to have a bank account with 800,000 baht in it all the time. And all incoming money is taxed.
Bob **********
Nobody has got a clue about foreigners being taxed,and your visa doesn’t expire you stamp ends leave and get a new stamp
Mathieu *******
They will check all your incoming money transfer in the country during the year and ask for a proof that this income remitted was already taxed elsewhere
John *********
@Mat****
what if you just pull it out at the ATM?
Neil *******
What a great place to get legal tax advice on a new legislation which isn’t in force yet
Greg ********
Tax resident if here 180+ days in calendar year. Currently assessable only on monies remitted to Thailand. If you leave it outside Thailand no need to declare it even if you are tax resident and submitting a return. Your 2025 return is not due till March 31st 2026
John *********
@Gr**
I don’t know how they would know.

If I go to an ATM and take out money from an overseas account is that income remitted?

If people owe me money and make regular bank transfers to my account, is that income?

I understand there’s CRS. But I’m hesitant to believe what they will know or be able to do.

The only thing they’re getting from me now is a portion of the interest my Thai bank pays every 6 months. They can keep it.
Greg ********
@John ********
You raise very valid points and I would posit they do not know either. The tax loophole was aimed at wealthy Thai's and maybe wealthy foreigners residing in Thailand remitting substantial funds. I think the analysis of their tax submissions will take priority. I am already tax resident in Thailand. I asked my tax advisor this morning about submitting for 2024 - no income this year. They told me no need to submit. If I was not tax resident already I would not be in a hurry to register whether on O Retirement or DTV :-)
John **********
Your DTV is immaterial to your tax status. If you spend 180 days or more inside Thailand in any calendar year you are tax resident in that year. If you bring in assessable income of 60k baht or more you need to get a TIN (tax number) and 120k baht or more you need to file a tax return.
Bob **********
@John *********
and where did this info come from??
John **********
@Bob *********
it's actually 180 days not 190. Sorry for the typo. The information is from the Thai Revenue Department
Helen ********
Yes, if you stay 180+ you are deemed a tax resident. No one, except maybe an international tax accountant, can answer if you'll pay tax or what you'll pay tax on because it depends entirely on factors like does your country have a tax treaty, your earnings, which country files taxes first and so many other things. Get an account and read the numerous other posts in this group that discuss this.
Wannikea *********
It's 180 days in a calendar year
Werner ************
Leave and come back - otherwise yes you will be expected to pay tax on your income based on staying over 180 days
Todd *********
@Werner ***********
leaving and coming back doesn’t alter the day count. Stay 180 days in any calendar year and welcome to being a Thai taxpayer
Alex *******
@Werner ***********
it's not tax on his income. It's tax on money brought into Thailand
Todd *********
@Alex ******
it’s actually income as a tax resident
Urs ********
@Alex ******
No, It's global income!
Mathieu *******
@Urs *******
you are wrong indeed
Alex *******
@Urs *******
no it's not bud. It's only tax on money brought into Thailand. I suggest you speak to a Thai accountant as I did
Greg ********
@Alex ******
That bloke is always wrong - I blocked him. You are correct it is only on money remitted into Thailand. One person at the Thailand Revenue Department mentioned a global tax and everyone is bedwetting. That would need a change of law and I doubt this government has that as a priority given its members and advisors :-)
Siggi *******
@Greg *******
so you smart guys who don't have any clue about banking and taxes. How you want tax money transfers? You cant do it! Because Thailand would be disconnected from swift system. You can't tax anyone without showing that you have the right to tax. And the real estate market would to implode as all the money has to be transfered from outside. And you have more than 10 millions international transfers per day. How you want to tax them?

80% of all Thai never payed any taxes, so there is no chance to tax foreigners. And I am not still talking about incompetent revenue office without knowledge and language skills.
Greg ********
@Siggi ******
What are you talking about. I have had bank accounts in Thailand for years and paid taxes here. You seem to be clueless and just a tourist. Toddle off and bother someone else Tilac.
Urs ********
@Alex ******
I hope you're right. I got some other information from an tax expert.
Jon **********
@Urs *******
they have talked about ‘global tax’ but it’s just talk. Nothing has changed, yet.
Katy *******
I think he means the entry stamp... Not his visa
Mo ******
How does your DTV already expire? It’s a 5 year visa
John *********
@M*
just the stamp for current stay. 180 days runs out in January.
Mo ******
@John ********
yes indeed
Matt **************
@Mo *****
yeah ?????
Mo ******
@Matt *************
yes 2029 for these issues now