@Sean ******

do you understand that infographic? It states foreign remittances whilst not tax resident are not taxable which is exactly my point. Maybe reading and comprehension are not your strong points….

@Sean ******

the rule change you are referring to has no effect on tax residency requirements, which remain unchanged. If you are not tax resident then any foreign remittances you make do not qualify as assessable income under the Revenue Code. This is basic tax law for dummies.

Accepted by some, rejected by others. You’ll have to trawl through the comments for details.

What you could do is enter Thailand after July, transfer all the 5 year living expenses into your Thai bank account by the end of December of that year. You would not be tax resident so all those remittances would be tax free. Then the following years when you would be tax resident you are making no remittances as the money is already safely deposited in your Thai bank account.

@John *********

agree, the actual answer is it depends on the specific circumstances. Maybe yes, maybe no.

@Ian *********

that statement is incorrect

@Expat *********

you cannot make that determination

@Sean ******

you cannot make that determination

Anonymous participant are you tax resident when you remit the funds, are the funds assessable income, does your DTA exempt the remittance, what is the source of your remittance?

You have given no details to enable an accurate answer. So the only answer is it depends…..