Expat income tax

About this episode

The episode discusses the implications of expat income tax in Thailand, including remittance rules and tax residency.

If you stay more than 180 days in any calendar year in Thailand, you are considered a Thai tax resident, and since the beginning of 2024, any money you remit, or bring into the country, is assessable for income tax. But what counts as a remittance – does it include ATM withdrawals and credit card purchases? Are certain income types, such as government pensions, exempt? If you have money saved overseas before 2024, can you transfer it tax-free now? Are remittances from joint accounts or family transfers taxable? How do Double Tax Agreements work for expats living in Thailand? Can Thai authorities see your overseas bank accounts or investments? And do digital nomads on the Destination Thailand visa need to file Thai tax returns? To answer those questions and more, Dave Kendall is joined by Carl Turner, Co-founder of Expat Tax Thailand , and Sarawoot Intapanom, the firm's Strategic Government Advisor.

People in this episode

Host: Dave Kendall

Guests: Carl Turner, Sarawoot Intapanom

Topics covered

• expat tax
• remittance
• Thai tax residency
• Double Tax Agreements
• digital nomads
• income tax exemptions

Keywords

• expat income tax
• remittance rules
• Thai tax residency
• Double Tax Agreements
• digital nomads
• government pensions
• tax-free transfers

Mentioned in this episode

Organizations: Expat Tax Thailand

Places: Thailand