Still seems not possible on tourist visa

@Pete ******

Ok you clarified. That is correct. Not sure how many people can bring in 5 years living expenses in one go though…

@Pete ******

Which confirms exactly what I wrote. You’re TAX RESIDENT in thailand this year and you bring in income earned after Jan 1st 2024, it’s assessable for tax….

@Pete ******

I’m sorry, you’re wrong. That won’t work anymore.

You would have to have had the 5 years of expenses ( in cash) amassed before Jan 1st 2024.

Now if you’re tax resident (180 days or more in Thailand in a calendar year), and transfer money in, that money is assessable for Thai tax unless you’re one of the very few whose visa precludes you from tax on foreign remittances.

@Pete ******

Poster already stated that he plans to stay here more than 180 days…

@Pete ******

Hence the word “probably”……

@Ian *********

Incorrect. Depends on DT agreement and also whether the marginal rate of tax is higher in thailand than that which he has already paid tax in his home country. If the Thai tax is higher he probably needs to pay the difference.

@Sean ******

Yes. Probably

@Ian *********

Totally incorrect

By the time you’ve messed about with agents it’s quicker to go to immigration office (or do it online if you’re eligible).