Hi …….. if I move my savings to Thailand . Will the new tax rule affect me ? If I stay over 180 days ?
2,392
views
6
likes
62
all likes
26
replies
0
images
18
users
TLDR : Answer Summary
The discussion addresses whether moving savings to Thailand impacts tax liability, especially when staying over 180 days, which establishes tax residency. Key points include that savings aren't considered income, remittances can be tax-free if from before January 1, 2024, and it’s advisable to consult a tax professional for personalized guidance on the new tax amendments that primarily affect Thai citizens earning offshore.
Jim ******
Consult a tax specialist.
************************
Winston ********
I am already having taxes deducted directly from my Thai bank accounts
Michael *******
If you are here more than more than 180 days in a tax year - Jan-Dec you are tax resident - either avoid that or talk to an accountant they can provide guidance on how to minimize exposure. Remittances are now subject to Thai income tax.
Wayne **********
I'm coming to Thailand in April for a few months, vacation and looking for a small piece of beach front, 10 to 12 miles outside of PATTAYA
WHO SHOULD I CONTACT NOW TO START MY PROPERTY SEARCH
not sure what you are looking for but we have a lovely home stay 25 miles south of Pattaya.. whole house or single enough suite rooms
Reply to
Ray ********
Reply
Jean-Bernard ********
Et comment le gouvernement thaï (office des impôts) va t'il contrôler cela, que l'argent envoyé en Thaïlande date comme fortune AVANT le 31.12.2023 ? Merci pour vos réponses CONSTRUCTIVES.
Ian **********
Nobody knows yet. There has not been a new tax rule but just an amendment to the existing rule.
just got statements together fir all my holdings on that date. However, someone said these have to be notarized and supported by a letter from your bank.