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Andrew ******
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Andrew ******
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Andrew *******
@Radost *************************
since January 2024 anyone visiting and staying in Thailand for more than 180 days, one trip or many is liable for tax on funds they bring in to Thailand including credit card purchases and at the end of each year you will get a tax form to complete, as I understand things not all questions in regards to what exactly is taxed have been answered such as will you pay tax on the 800k is one, and another is will you pay tax on money you bring over to buy a property or new car/bike, I do not know when these questions will have answers, but I can say not knowing is putting some off moving to a Thailand and causing others to consider moving out, overall the feeling in regards to new tax situation is confused
Andrew *******
Moving forward if you put 800k in a bank for the visa and then take it out then you may need to pay tax on that each year, if you just leave it in the account you won't need to, or you can pay an agent extra to 'show' the 800k each year, but again you may become liable for some tax doing it that way too