Hello. I've been traveling to Thailand for 6 weeks at a time (I work abroad, 6 on, 6 off) and have just come across the 180 day tax requirement. But I have some questions... I do not have and do not want or need a Thai bank account. I pay US taxes but will be qualified to have my income covered by the foreign income tax credit this year, so I shouldn't owe anything other than the SS / medicaid. Given these factors, do I still need to pay taxes or file anything in Thailand since I'm arguably not bringing money into a Thai account? I'm interested in applying for the DTV so it'll make my leave breaks easier but I'm not sure if I can as an independent contractor or if this would complicate tax issues..

I just want to make sure I'm doing everything legally but also don't end up paying Thai taxes if I don't even need to pay US taxes.

Is the 180 day per year tax residency treshold limited to calendar year? So for example, I can stay 12 consecutive months without triggering additional tax implications, as long as they're not in the same calendar year (like July to July)?

I'll be speaking with a thai accountant when I get there. And I wouldn't mind paying extra taxes as long as they wouldn't be as high as in my home country. I am paying approx. 600€ of social contributions + 4% flat rate tax. I simply cant afford to pay ~2k+ eur just in taxes and social contributions, but could afford to fork out a few houndred extra if that means I don't have to move around.

And no, I can't get out of paying taxes at home on this visa - it would trigger double tax residency.

Any info on this?

Thank you.

After living in Thailand for two years, i am expecting to transfer 1m THB per year of my personal pension into Thailand.

The UK will tax this amount (including national insurance) by approximately 10% ie 100,000 THB.

What tax would I need to pay on this money when transferred into Thailand?

LTR question (if an income tax on 2024 expat remittances into Thailand isn't delayed).

If after living in Thailand six years, an expat receives an approved Pension LTR in September 2024, does the LTR tax-free exemption take place in:

1) the tax year beginning January 2025?

2) the tax year beginning January 2024?

3) beginning September 2024 (pay tax on remittances from January to August of the 2024 income tax year)?

The answer could be beginning tax year 2025, but the LTR tax exemption wording is a bit vague.

I messaged BOI and they replied:

"According to the Royal Decree, governing reduction of Tax rate and exemption of Taxes (No.743) 2022, Section 5 : Income tax shall be exempted for foreigners have been granted a Long-term resident visa derived in the previous tax year from employment, or from business carried on abroad, or from a property situated abroad, and brought into Thailand.

However, regarding the Tax matter you are advised to contact the Revenue department for more details."

From what I have heard many local Revenue department offices have not had a chance to become familiar with the LTR and might not yet be able to help.

Text from decree:

"Section 5 Income tax under Part 2 of Chapter 3 in Title 2 of the Revenue Code shall be exempted for a foreigner categorised as Wealthy Global Citizen, Wealthy Pensioner, or Work­from-Thailand Professional who is granted a Long-Term Resident Visa under immigration law for assessable income under section 40 of the Revenue Code derived in the previous tax year from an employment, or from business carried on abroad, or from a property situated abroad, and brought into Thailand." (Strange that here, it only mentions employment, business and property income.)

Also note that this next section says that the exemption is suspended in the tax year that you do not comply with exemption rules.

"Section 7 In the case that a foreigner has applied tax reduction or exemption under this Royal Decree, and later does not comply with rules prescribed in Section 3, Section 4, Section 5, and Section 6 in any tax year, benefits will be suspended in that tax year."

So a bit odd... if you have the exemption, you are suspended effective in the current tax year but when receiving the exemption, it is not effective as of the current tax year.

So, has anybody yet actually stayed over 180 days as a tourist, and filed a tax return?

DTV and taxes. Looking at this document, if I'm the owner of LLC based in CZ, and that company has revenues and pays corporate tax in the Czech Republic, and I never bring that *company* money into Thailand (ie never use the company card), but use my own, personal card / savings instead, I assume that the income should not be taxable, even if I stay for 180+ days.

Right? :-)