tax residency

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This page displays all the results for the tax residency tag, sorted by the most recent activity. There are a total of 72 questions that have been tagged with tax residency. Explore the questions to find discussions and information relevant to this topic.
Jan 18, 2025
11 hours ago
Pim ******
ORIGINAL POSTER
Hi guys, I am on the way to get my LTR visa wealthy pensioner. I started in December and get a request email every third day. I send the proper answer in the same hour. We are now in the stage of proofing 80000 income. As I am early retired with 50 and now being 62, I right now have no pension fund returns. But I showed yearly passive income from dividends of 200000 euros and another 120000 Euros from an investment fund. Nevertheless they still ask questions of showing more passive income from interest or rentals. On top they asked me to show tax withholding from the dividends.

I declared now that the country from dividend origin doesnt tax dividends and as I live nowhere longer than 4 months, I have currently no tax residency, therefore tax avoidance laws are not applicable.

Someone out there to know how much longer they ask questions?
Dec 26, 2024
23 days ago
Hi all, I will go Vietnam in a few weeks for a DTV, but I am already living in Thailand (long story), the sort one is that I am married with a Thai citizen but to be 100% legal it is more convenient the DTV than the married visa (and for more reasons as well). So, my company is in the US (I am not a US citizen), and the 500K in my personal WISE account, but the address in wise is a Thai address , should be ok?/(I also has a Thai tax number, and i pay here my tax) Or is better to move the fund for example to Revolut where the address is my British home? I am quite confuse with this. Maybe the Wise account with my Thai home address can be an inconvenient more than a benefit ?

Thanks in advance .
Dec 23, 2024
a month ago
Kem *****
ORIGINAL POSTER
I found the process an absolute doddle and had my DTV processed quickly. I'm not seeing much in the way of what people are doing regarding Thai tax laws, however. Are people just getting their 180 day stamp each time they enter and not worrying about it? Or are most people residing elsewhere for part of the year too?

Just intrigued to know how people are navigating this.

Good luck to all applying 🙌🏽
Dec 21, 2024
a month ago
Hi, I'm planning to apply for the DTV in Thailand next year. My current situation is that I am self-employed with my Italian company, but I'm looking to transition to a US LLC in order to be able to live and work in Thailand legally, as it is not allowed to have both tax residency in Thailand and a VAT number in Italy at the same time.

My question is: If I create the LLC but don’t have a substantial “background” with it (since I'm creating for the purpose of relocating), is it still acceptable for the DTV application? I do have a business background in Italy with my VAT number, but I need to make this change to comply with the regulations.

I would appreciate any insights or advice on how this thing might affect my application.

Thank you in advance!
Dec 17, 2024
a month ago
Hey everyone, is it possible to become tax resident in Thailand with the Destination Thailand Visa (DTV) while staying in the country for less than 180 days per year?
Dec 10, 2024
a month ago
Stefanie *********
ORIGINAL POSTER
Hey everyone - especially the Perpetual Travellers among you!

I keep reading that people needed to provide tax statements during the application. How do you handle this if you haven't been a tax resident anywhere during the last couple of years? Any personal experiences welcome 😊 Thanks!!!!
Dec 10, 2024
a month ago
Tim ******
ORIGINAL POSTER
Hi

I have a BBL account in Pattaya and have now moved to Khon Kaen and had to open a new BBL account there.

Now I have 2 bank books.

At the bank they said that I can show both bank books when I extend my retirement visa for the second time.

I want to transfer the entire 800k to the new bank account.

When should that be (I would like to do it now)?

Do I still have to show the bank documents from the old bank in Pattaya (if the bank account is near empty) when I extend my visa for the 1 year (it won't be easy logistically to do everything on the same day)?

I won't be a tax resident until 2025.

Is there anything to consider regarding taxes regarding the timing of the transfer of the 800k from the old to the new bank?

TIA
Dec 6, 2024
a month ago
James ********
ORIGINAL POSTER
Can someone with proper knowledge of these things confirm that the cut off date to avoid Tax residence is 179 days per calendar year … thanks in advance
Dec 4, 2024
a month ago
Hey,

I know similar things have been asked before and I know this group is about DTV (I have a DTV) and not tax. However, maybe someone can guide me in the right direction.

I have stayed 177 days in Thailand this year, meaning, if I wanted to, I could come over for a week and become a tax resident.

Now, I am not trying to avoid paying taxes in Thailand, I actually want to pay taxes in Thailand. I am not a tax resident in my homecountry anymore. So I would like to pay my total taxes in Thailand.

Does anyone have experience with paying taxes in Thailand as a digital nomad without another tax residency other than Thailand.

Can you point me in the right direction?

I have allready asked a Thai tax consultant, he didn´t seem to know or understand.

For the haters: I have always paid my taxes where I had to, I am not trying to avoid, I am trying to do right, understand and optimise.
Dec 2, 2024
2 months ago
Pierre ********
ORIGINAL POSTER
Hello,

After several trips earlier this year and my return to Thailand with a DTV visa, I have now spent over 6 months in the country, including 2 months with the DTV visa. I would like to know where I should register as a tax resident in Bangkok. Immigration? Online? Local Revenue Department office?

Thank you.
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