i imagine for digital nomads they will either stay <180 days and not be resident in thailand or perhaps anywhere, or stay 180 days and just do nothing until there is a problem
thailand doesnt have CGT so for most who have CG they will need to pay standard income tax rates in thailand when remitted. so investments in the uk for example would be hit at personal income tax rates rather than CGT rates which are lower in the uk, or zero if non-uk resident.
do you need to submit a return if transfering money owned prior to jan 2024 with proof, or just be able to prove if asked? if it goes to a worldwide tax then i think plenty will leave or be <180 days. i will for sure
also, would i be correct to think this (for now) is only on money actually remitted to thailand? if the money was owned prior to jan 2024 also not taxable (does this need to be reported if remitted anyhow even if not assesible?)
thanks. i have an affiliate website so no employer, but i got a letter from the company in USA on headed paper to say i am an affiliate for their USA company. will also show affiliate account payments page, paypal receipts from those affiliate payments and registration of my domain name. hopefully will be enough. no business registration.
I, [Your Name], have received permission from [Company Name] to work remotely from [Location] starting on [Start Date]. This arrangement will continue until further notice.
