Currently planning on retiring to Thailand in about a year. I have the option of a retirement visa (67) or a marriage visa (married 24 years ago in Thailand). I’m in favour of the marriage visa due to lesser financial requirements.
My question is about tax implications for the original 400K deposit and the monthly 40K deposits. Same question about the retirement visa tax implications. Of course, this could (probably will), all change by the time I make my move. TIT
TLDR : Answer Summary
The post discusses the tax implications of retiring to Thailand with either a retirement visa (O-A) or a marriage visa for an expat planning to move within a year. While the original poster prefers the marriage visa due to lower financial requirements, comments clarify that neither visa provides tax advantages; staying in Thailand for more than 180 days establishes tax residency, necessitating a tax return if income exceeds certain thresholds. The conversation also touches on the complexities of both visa types, suggesting that the retirement visa might be simpler to obtain. Additionally, discussions highlight the importance of understanding the Double Taxation Agreement (DTA) between the expat's country of origin and Thailand regarding tax liabilities.
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.