Marty Pollard Thanks for sharing. Just to clarify, the LTR visa is administered with involvement from the Thailand Board of Investment, so in that specific case they can indeed guide applicants.

That said, for a standard retirement visa, the BOI isn’t involved, and property ownership (like a condo) doesn’t replace the financial requirements set by Immigration.

Unfortunately, a Thai condominium title deed can’t be used in place of the THB 800,000 bank deposit for a retirement visa. Immigration only accepts funds held in a Thai bank account or qualifying income. Property ownership isn’t considered for visa eligibility, and it’s not treated as an investment in this context.

Marty Pollard Just to clarify, the Thailand Board of Investment doesn’t directly issue visas. They support and promote business investments, which can then help facilitate visas and work permits through the proper immigration channels.

Willem Van Der Beek Why do so many people like to spend money on visa agents? It’s so easy…

@Gregory *******

Yes—those deductions are broadly correct.

But they only apply after income is actually taxable in Thailand.

They don’t override the core rule that foreign income is taxed based on remittance, not just residency alone.

@Gregory *******

Being a qualified FA is not completely irrelevant—you’ll understand general concepts like residency and double taxation.

But it’s also not authoritative for Thai tax matters, especially if you’re not licensed in Thailand. Thai tax rules—particularly for foreigners—are very specific and have changed recently.

Where your argument goes wrong is this:

• You’re treating it as if all foreign income is automatically taxable once someone is a Thai tax resident. That’s not how the current rules work.

• Since 2024, the key condition is remittance into Thailand. Foreign-sourced income is only taxed when it is brought into Thailand—not simply because it exists or is earned abroad.

• You’re also oversimplifying by saying tax paid abroad is just “offset.” That depends on double tax agreements and specific conditions, not a blanket rule.

So yes—residency matters. But you’re collapsing multiple rules into one and missing the remittance condition, which is central to how Thailand taxes foreign income now.

Bottom line: being a Thai tax resident does not mean all foreign income is automatically taxable.

Rok Ziherl its impossible to say…my son, just finished university degree. Started with thb35.000 at COM7

Sunil Pahwa no.

@THAI *****************************

yes, you can’t open. You just help

Rok Ziherl working class THB21.000 middle class THB43.000