@Michael ******

if selling on non thai exchange it is only taxable if/when remitted. this seems like a clear summary

it looks like you can sell on a non thai exchange and it will only be taxable when remitted to thailand (assuming you are thai tax resident when selling). you then pay tax if/when remitted to thatiland... if sold on thai exchange it is taxable.

@John *********

yes, i wasnt sure about pensions as i dont have but yes i was thinking the same.

@John *********

if your income is from property or a uk busines then yes, but not say from investments held in a UK brokerage for example.

OK, so i get what you are saying.

Essentially turning capital gains into savings by"resetting".

This works on the assumption that overseas capital gains are taxed when remitted into thailand and overseas savings are not taxed when remitted into thailand.

but, it was my understanding that all savings post 2024 were classed as assesible income when remitted into thailand.

if thats the case then "resetting" would not actually make any difference as remitted savings are treated just the same as remitted income/capital gains. you would still need to prove tax has been paid on whatever savings/capital gains you remit.

but, this is based on my own research and not a tax specialist so hopefully you are correct. would love to hear others thoughts on this.

.... and an even simpler solution would be to just remit cash for a few years spending during a non thai tax year and every few years become become non thai resident again to remit the next few years....repeat as needed

@Tore ********

also if you have a good thai accountant who knows this please drop me a pm.

"You would calculate how much % of the remitted money was profit from original investment. "

so, do you mean.... if i have 100k invested pre 2024. 10k was unrealized capital gains pre 2024. and capital gains from 2024 was say 20k. if i sell all and remit to thailand in 2024 the asessabile parts would be the 10k + 20k for thai personal income tax? .

when you said to "reset" it was something you did priot to 2024 because to reset now would not make any difference in terms of thai tax when remitted.

also am i correct to think that even when i am a thai tax resident i can still sell my uk stocks without it being taxable in thailand until i remit?

ok, i was still trying to work this out. i was not sure if it would still be assesible when remitted to thailand as no tax had been paid overseas on it? i thought any remitted money was assessible unless held prior to 2024 and if tax paid then can use as credit.

@Tore ********

"- Capital gains tax:

This can be "reset" in the year before you are tax resident by liquidating/taking profit and buying back in. (If done outside Thailand). This was VERY beneficial for me, coming from a wealth tax country as liquidating doesn't generate taxes where I am moving from. But would not be beneficial if moving from a country where selling assets is a tax event," - i can sell my UK stocks as a non uk tax resident without CGT. but whenever i remit this to thailand it would be taxed if i was a non resident. or do you mean sell overseas and remit when non thai resident?