Ken ******
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Ken ******
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Ken ******
@Wendy ********
thank you for this information, there is also currency exchange risk for thai baht on the down side, for your info, thai law definition of tax resident is stay over 180 days, i don'T know about vietnam tax, but phillippines not tax on retirees
Ken ******
that way you probably avoid the new tax law levy? is vietnam very lax about tax resident definition and visa to stay?
Ken ******
maybe you should consult a tax advisor or sccountant,

some one interpret as below:

those people

from countries which have

a double tax agreement

with Thailand could still need to pay new

tax in Thailand,

double tax means that you

will receive tax credit for

taxes paid outside of

Thailand. So, if you are

assed as having to pay

usd200 in USA and usd300

in Thailand, In Thailand you

would pay 300-200=100

dollars in Thailand.

anyway the risk is that one still likely to fill a tax report form with income and asset and let authority decide which is taxable and which be exempt. Filling the form could be a tedious process, depending on how it is designed, and whether there is english translation, or chinese? if not, hopefully no.need to seek professional help. And how can one prove whether the remitted income already taxed in other jurisdiction?(for example you have multiple income sources, and some sources already taxed but some exempted due to different tax law in another country )

does double tax exemption imply blanket tax exemption without need for exemption on an item by item basis (income source item/category) or need comparison of individual category, eg investment income, rental collected or simply pensions
Ken ******
study new tax law first
Ken ******
why needs attention

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558 thai stat
Ken ******
at present, air quality is the most pressing problem

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41
Ken ******
every country has its own

rule,so far it seems the

philippines is most friendly and

much less restrictive, nothing

like 90 day or TM30, for retirees, same for malaysia
Ken ******
you probably know all the

pros including cheaper living cost (depend on regions)

housing, friendly people,

and culture. Air quality,

floods, public road safety

and pavement conditions

need improvement (just

look up internet for details).

Air quality can be checked

real time downloading

some apps. For long

stayers, there are some

reporting requirements

such as 90days report on

residence, which is not very

convenient. Starting this

year, new tax on remitted

income earned abroad.
Ken ******
better live in the south,

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565