foreign income

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This page displays all the results for the Foreign Income tag, sorted by the most recent activity. There are a total of 20 questions that have been tagged with Foreign Income. Explore the questions to find discussions and information relevant to this topic.
Jan 3, 2025
16 days ago
Ronnie ***********
ORIGINAL POSTER
The Double Taxation Topic - UK National

My business is registered in the UK, with my salary and taxes both paid in the UK.

I will remain more than 180 days per year in Thailand under DTV Visa.

Will I need to pay double Tax in both UK and Thailand?

Looking for simple straight forward answer, if it possible.

I have searched the group posts, but have not yet seen a clear answer to this question.
Dec 22, 2024
a month ago
Stupid question maybe, but if you’re closing deals and getting money sent to you while you’re in Thailand, this is all okay as long as you’re on DTV visa or getting paid in your western countries bank account? What’s considered working in Thailand Vs not?

Let’s at you sell products online or subscriptions to courses.

Isn’t that considered working in the country?
Nov 27, 2024
2 months ago
Rod ********
ORIGINAL POSTER
Hi

Any Australians here who are “retired” in Thailand and have investment properties in Thailand as a source of income?

What tax implications are there for Australia? I know there is a DTA in place between the 2 countries.

Considering owning several to create a “Thai money” income as well as the one we will live in. And leaving other rentals in Australia as well.

Any other advice, experiences and information would be appreciated!!
Oct 17, 2024
3 months ago
Gary ********
ORIGINAL POSTER
Very premature here but …anyone have an idea of the long term implications of retirement in Thailand re the ever changing tax situation? It’ll be regarding over 50 retirement visa etc . Cheers
Sep 20, 2024
4 months ago
Vi ********
ORIGINAL POSTER
Hello,

I have a few questions regarding the bank statement to prove the 500k THB, although I scrolled the group posts by searching, I couldn't find something similar to my situation (apologized if my questions were actually already answered):

1. I'm a French citizen, with Permanent Residency in Taiwan. I have worked in Taiwan for 6 years, so I can show my salary slip until June 2024.

2. I recently started a new job. It's a consultant contract, with a Singaporean company, starting from July 2024 to December 2024. Same here I can show my contract and my invoices for July+August payment.

3. The thing is, I made few big operations with my Taiwanese bank account so currently my Taiwanese account doesn't have 500k THB.

4. However, in France we have a family shared account, (I have the power of attorney for this account but it's not under my name, my parents'), where we do have more than 500k THB.

Questions:

1. Would you advise to transfer money from the family account to my own personal account? Or a statement proving that I have the power of attorney would be enough?

2. If I do need to transfer on an account under my name: Is transferring to my French bank account would do, or is it better to transfer directly to my Taiwanese account, which I used daily for the past 6 years (I received all my salary on this account)?

3. I understand that each embassy/office have different rules regarding the period we have those 500k THB in the account.

Let's say I do the necessary transfers next week, would you recommend Taipei or Vientiane? I have family in both cities so its convenient for me to stay there few days, hence those two options..

Thank you in advance for your answers!
Sep 11, 2024
4 months ago
Graham *******
ORIGINAL POSTER
Important heads up for DTV holder who are resident in Thailand for 180 days. You mut complete PND94. The Half-Year Tax Filing Deadline is Fast Approaching... Do You Need to File a PND94?

This only applies to certain types of income:

Those with Thai rental income.

Those who have been in Thailand for 180 days or more and have remitted (transferred) overseas rental property income to Thailand.

Other situations that may require filing include:

Working as an individual contractor.

Income from a liberal profession.

Running a business, commerce, agriculture, or transport.
Jul 28, 2024
6 months ago
Bigd **********
ORIGINAL POSTER
I know this is not a tax profession site, but if on an OA retirement visa, how do taxes on my US pension work? Tips? Experience? TIA
May 19, 2024
8 months ago
Sonja *******
ORIGINAL POSTER
Hi all,

Is there any clarity on the tax situation yet?

We want to go for the retirement visa (or LTV), but do you have to pay tax in Thailand over your worldwide income, your money in your bank account (Wise in my case) or whatever you put in your Thai bankaccount?

Do you also pay tax over the 800k that you have in your Thai bank account for securing the visa? If so, once or every year?
Mar 7, 2024
10 months ago
Joe ******************
ORIGINAL POSTER
Hello, hypothetical question here.

I am in Thailand with a visa extension based on marriage. I am also working, and using my salary to cover the financial requirements of the visa extension each year.

If I were to leave the country and start working in another country, but come back to Thailand regularly for holidays, would I be able to keep extending my marriage visa every year using my foreign income to cover the financial requirements? Or is there some requirement that you stay in the country for a certain amount of time each year?
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