Questions related to dual tax treaties

dual tax treaties

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Is Thailand planning to tax overseas pensions for foreigners, and what are the implications?

Nov 21, 2024

3 days ago

Lawrie *******

ORIGINAL POSTER

I have heard on the 'grapevine' that the Thai is either now or in the near future planning to tax pensions from overseas and any lump sum payments to whoever in Thailand for 'Farangs' (hate that word should have said foreigners).

I heard that the tipping point for this taxation is stays of over 180 days in the kingdom in a calendar year, and would most probably impact long-stay, retirement and married-to-Thai foreigners.

Any truth to this rumour and if so to what extent and what are the implications? It seems that the money in a bank account is already a significant implementation to long stay.visas in Thailand.

Please just genuine knowledgeable responses.

Thai tax law pensions taxation foreigners in Thailand tax residency expat tax implications non-o visa dual tax treaties long-stay visas

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