Fiat currency in a bank account.. Investments and broker accounts dont (generally) qualify.

Employed (contractor ok) with payslips / proof with a letter stating ability to work 100% remote, plus 500k in the bank, is about the most locked down sure thing I feel.

You want either a portfolio or a strong letter of engagement from your client.

@Rikki ******

Not in all cases no.. Entirely DTA dependant.

'Some' pensions are taxed at source, eg us social security or military pensions, but most tax deferred pensions, private pensions, etc etc Even some government operated ones like Oz super are fully taxable in Thailand (on remittance, over 180 days, all the many variables). ISA SIPP etc pensions are tax delaying systems and are taxable where resident at disbursement.

Also these days people talk about pensions and often include shares, dividends, other investments they make for old age as 'pension' or mistakenly believe them to be 'savings' as Thailand defines it. Those are all 'income' also potentially capital gains if remitted..

The law here is incredibly broad, the enforcement is non existent. Thailand 101.

@Rikki ******

many live on savings but yes they also now have a potential reporting requirement

@Paul ******

that seems to me to largely be an issue that ben at integrity legal makes, to discredit anyone he doesn't agree with (while being frequently more wrong than right on this issue).

The legal industry here is full of non Thais operating in managing roles who are far more skilled at explaining the nuance of the law in English than their Thai colleagues.

Anyone who has dealt with Thai lawyers at a regional level will know the skills, accountability, and professionalism in the industry is a wide range.

@Pete ******

It'sa complex one but I agree.

One counter argument is if you pay off the debt with taxable income while retaining the goods or services incounttry you lose that advantage. You can't take a 1 day loan, send it in, call it debt, then pay it off with external (taxable if remitted) funds the next day and say it is non taxable debt.

But now it's into the tiniest of splitting hairs and I doubt there's even legal precedent only opinion to work with.

@Elías *******

card spending is a remittance.

A hard to track one but still legally a remittance

American International Tax Advisors

Carl Turner

2 primary ones.

How this works legally is too complex to answer from what you have disclosed as it concerns your dual tax agreement, source income country, if its income or savings etc.. If you are actually concerned see a professional who does expat taxes (not a local Thai accountant).

But there is zero enforcement currently, its just routinely ignored.

@John *********

Agreed, but my point is despite it not explicitly saying so in the royal gazette, the LTR is the only other visa that offers a work permit exemption without the process of applying for one from the labour dept (which visiting management executives used to get to attend meetings).

The BOI claim that the HNW and Wealthy retiree also have this benefit, but the legal eagles will point out the BOI doesnt have the right or power to make that claim.