I was so excited to move to Thailand for long term using ed visa until I heard about the new tax law applied for foreigners who stay for more than 6 months. any advice? thanks
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TLDR : Answer Summary
The user expressed excitement about moving to Thailand on an education visa but raised concerns regarding a new tax law for foreigners staying over six months. Most comments clarify that the tax law has not changed significantly and advise the user to remain calm and assure them that their tax situation will likely be okay.
the only people who dont know, are those who haven't taken the time to visit the relevant government Tax web sites and understand the changes implemented last October and revised in November. Everything has been published already. The impact will depend on your home country and any DTA's that are in place (which are different by country). Most people will carry on as now and not be impacted as they have never put themselves into the Thai tax system, this doesnt mean there is no tax lability, just the taxman hasnt got round to checking your obligation on monies remited to Thailand (and hopefully never will). But if you have payed more tax in your home country than would be due in Thailand on the money remitted and/or there is a DTA in place covering the source income there should be no change.
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Tony ********
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To**
Tax law has not changed
Graham ******
Don't listen to guys when sat on a barstool
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Graham ******
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