Visa Options and Paying Tax as a Foreigner in Thailand

[@TheThaiger]

Thanks for watching and click here to watch all the latest headlines in Thailand with Natty on Thailand News Today: kzbin.info/www/bejne/pIXMmn-ZltGMi68

[@PFG888]

Thanks for the video! It'll be nice to do a follow up video about the Thailand Tax stuff for foreigners with the new stuff that just came out today/yesterday.

[@markgarretson689]

Taxes in Thailand aren’t complicated when you have got work permit and thai tax id. The grey area lies for Thai elite holders and individuals on retirement visas who have got a healthy income or pension coming from overseas. Yet to meet a reliable accountant or tax consultant who can give solid advice for these two types of visa holders. What I know is that all retirees, Thai elite holders and digital nomads evade taxes in Thailand, as long as their income isn’t generated from within the Thai borders. And the RD is also fine with it

[@agentdark64]

Rd doesnt care? You mean even though it's technically illegal, it's not enforced.

[@Gary_and_Linda]

Doesn’t evading taxes imply an illegal move where avoid does not? Could be wrong though.

[@markgarretson689]

@@agentdark64 yeah. I’m a Thai elite holder and visited the RD in Bangkok twice to get a tax ID. They just laughed at me and told me I don’t need it. Now the problem is if I stay more than 180 days in Thailand it makes me a tax resident. But it doesn’t make me a tax resident because Thai elite is a tourist visa it’s not even a residency permit. Never ever anything happened because I live there for only 3-5 months in a year. But what if due to some emergency I cross the 180 days mark and a tax official’s conscience asks him to become honest? No one knows.

[@ewooll]

@@markgarretson689 yep, i thought that, until my uK bank demanded to see my thai tax ID. best not bury your head in the sand when it comes to tax matters. Elite visa means nothing; if you are living in thailand for over 6 months, then you are supposed to declare your income, even if it comes from abroad.

[@beattheheat5557]

The district office can get you a tax ID number and the pink ID card. Both can be useful. If your country has a bilateral tax agreement, your tax payed on income in your home country may likely go to Thailand. You may be able to claim some back, if you lodge a tax return by about April each year with your district office. Sattahip, Chonburi does it if you own a condo and they are very helpful filing the claim and filling in the forms. You may also be able to claim some withholding tax on interests and dividends etc. earned from investment in Thailand.

[@metalstamping]

Good video. Thanks to Tim n Ben.

[@TheThaiger]

Glad you liked it

[@TheOverseasExile]

good interview. Thanks

[@ATIWatchReviews]

It all seems super complicated and convoluted. My guess is many people are knowingly or unknowingly breaking the rules (and I dont blame them due to the complexity and unfairness of tax systems globally). I would have thought if you are permenantly or largely based in another country (like Thailand) you should predominantly pay the Thai government taxes and be largely exempt from taxes in your own country (which hopefully has a double tax treaty), but I guess many digital nomads in Thailand pay 0 in direct taxes to Thailand (at least in income tax) and pay most to their home country but I could be wrong.

[@sailingsolo5290]

Personally i think ben is not only smart but more a freedom fighter like no other in thailand.

[@garymclaughin]

Hi Tim and Ben, glad your being specific had a lawyer friend initially set me up and have an insurance broker and odds and ends, part owner of condo facility make sure it 51 percent Thai owned pay taxes collectively on my condo through the front desk, pay taxes on my car. Not entitled to refund on the VAT now. Sounds like this is for people who want to run a business. Sawadee Khap.🤠👍

[@mathewboyd3746]

Great segment Tim & Ben. Interesting for me because I'm an Australian who been visiting Thailand about 3 or 4 times per year for 6yrs pre Covid. Will be married in a few weeks to a Thai national. I have two businesses one of which is an online business I could run while in Thailand. Would the smart visa be a good one for me to consider if I wanted to spend more time here in Thailand and still be able to keep my on line sales business running all year round? Or will my marriage in a few week open up better options to consider?

[@younapali]

Tim should try on Bens's hairpiece.555

[@beattheheat5557]

Is the maximum of 6 months stay out of 12 months still the limit on tourist visas?

[@lextor4712]

May I ask if you've found an answer for that already?

[@greenculturelabsLTD]

Had No idea Thailand had such foreign agricultural laws. Thank you.

[@utsparn]

I bought a condo in Thailand. I am ready to get a retirement visa. I called the Embassy in Los Angeles, California. They said I have to show medical insurance for a whole year. Since I am going to apply prior to going to Thailand. Will insurance company's Like blue cross in Thailand give me insurance if I am not in Thailand yet?

[@TheThaiger]

Might be worth contacting a proper visa agent or lawyer and asking them about coming to Thailand first then applying here.

[@jupiterflambay4284]

Interesting. I'm an Aussie and ended up living in Thailand for 6 yrs (retirement visa) I stopped putting in tax returns to Australia after 2 yrs being there, I didn't look it up, it just didn't make sense. My accountant was charging me around $400 just to put the return in even though I wouldn't have to pay tax because i made a loss. Plus I wasn't making an income from Thailand or Australia, some income from Amazon, but not a great deal.

[@livingthedream6092]

Same here,I left Australia 6 years ago after separating from my wife. The day I was leaving Australia I contacted the ATO and informed them I was leaving and moving to Thailand permanently. They asked me a heap of questions regarding property mainly,having no assets in Australia when I left I was granted a non resident status for tax purposes. I still had to lodge two more tax returns after leaving. The first year I was working,the second year I retired. PWC lodged the returns to the ATO,after the second return was lodged I contacted the ATO again to confirm I did not need to lodge any more returns and was still registered as a non resident for tax purposes. She confirmed that everything was fine and no further lodgement were required. I was thinking about returning to Australia in the future and contacted the ATO regarding my status,asked if I could become a resident again for tax purposes as I was going to sell some digital assets I have and was willing to pay the tax on those assets in Australia. She told me I couldn’t do that until I returned to Australia and ticked the box on the immigration card stating I was returning permanently. Then I would be classed as an Australian resident and liable for taxes due after that date. Kept a record of the conversation with the ATO for reference purposes Incase of any issues. Also since living in Thailand a have been dabbling a bit in crypto,last year was the first time I went over the Thailand tax free threshold. Had a tax company based in BKK do my return for me and things went pretty well considering. Keeping all the documentation regarding the profits and tax paid,as I assume that because I paid tax on that it can be sent to Australia without being double taxed if I decide to go back home.

[@Xylo58]

Hi, I’m interested in a STV Special Tourist Visa. Apparently it allows you to stay in Thailand for up to 9 months subdivided in 3 month increments whereupon you must renew your visa in each period. I can’t find anything about it on the Thai visa website even though they have it listed as an option. Anybody out there have any info? Thanks

[@lextor4712]

May I ask if you've found any info on that?

[@Xylo58]

@@lextor4712 not a thing. Frustrating

[@EasyMcgreasy]

Ben answers questions in small print terms and conditions terms

[@maggiegrl6068]

Ben, I work remotely. I am not a digital nomad but can work from anywhere. That is why I need a 1 year digital nomad visa to live in Thailand while I work for an American company. I don't think this concept of living somewhere permanently (even on a yearly renewed visa) and working for a foreign company has become a topic of discussion. I am always a resident and citizen of the US because I will just be a perpetual visitor in Thailand's view. My US address is required on most visas, maybe all of them.

[@QESPINCETI]

HEY!!! what happens to those of us who left Thailand around March 2020, with our OA and PAID FOR RE-ENTRY STAMP/permits???? Will those Paid for re-entry Permits be Valid??? Since we were unable to return due to COVID??? and the stamps had expiry dates???? PLEASE PLEASE ADDRESS THIS CLEARLY. Thank you

[@TheThaiger]

Doubt it. But check with your wmbassy

[@davedaniels4967]

Could you continue to do videos on immigration and marriage. And would it be advisable to get a lawyer for the process?

[@RoyinThailand]

Americans who meet the stay requirements outside the US do not owe income tax up to a certain income level. However, they still owe tax on investment income and self employment income.

[@AussieBob999]

I will in near future be living in Thailand with Thai wife (married there and registered) using a non-immigration O Visa for marriage. I understand that after 3 annual extensions I can apply for PR (see your vids). Could I ask for an estimate of the costs involved - those for payment to Thai Govt for application, and those for payment to IL for assistance. I know it is all different, but you have mentioned the ;value' of a PR many times, but what are the 'standard' costs of getting a PR compared to annual extensions costing 20K Baht over 10 years or 40K Baht over 20 years. Obviously more for PR - but about how much more?

[@rogerc23]

How are you coming up with the annual extension costing 20K baht? I think it's 1800baht

[@bertvanderkooij2886]

@@rogerc23 He means total 20k over 10 years. But besides this l don’t see the problem by extending visa once a year and the 1800 bath should be no problem for your budget.

[@AussieBob999]

@@rogerc23 20K Baht over 10 years

[@gregorymcleod]

Australia is not that simple anymore for tax. You are correct in days but you need to prove you have paid tax overseas and Australia must have a reciprocal tax agreement. I use to work offshore and live in Thailand and submit a tax return each year. After falling foul of them. So basically you must prove non residence have no ties to Australia then you can look at non tax resident. Really case by case best to get your accountant or tax lawyer to get a private ruling on your personal situation.

[@agentdark64]

If thailand tax you, you can still claim a foreign tax offset on your Australia tax return. You're tax wont be higher than Australia tax at least. But yeah, tax is lower in thailand so it is better to use the thai tax since your salary is likely lower. I'm assuming you mean working there on a work permit or working there remotely without a work permit?

[@elizaldecabual2976]

..I'm from philippines...and spending my sabbatical leave in Thailand by next month...do I need to get a thai visa for me to stay at least 90days in some of a temple in thailand...?

[@rickyprice6872]

Can you get a 60 day visa if your over 65

[@peterw7012]

Yes, a 60 day tourist visa has no age restriction.

[@rickyprice6872]

@@peterw7012 can this be approved at immigration at the airport

[@shane0traveller451]

Great program really informative

[@lukerabin5079]

You can’t give BnW because. Thailand.

[@agentdark64]

Thailand should just let people work remotely on 3 month tourist visa. Especially if they are only doing it for 3 months of a year. Europe let's you freely on the schengen countries work remotely with no tax required and then it has remote worker visas for the individual countries for longer term. Thailand should only tax those where the digital nomad cant prove that he/she is taxed back home.

[@tonythaiger93]

Only work permit people will pay taxes in Thailand 🇹🇭 others pay sales tax and visa "tax".

[@Pingel1951]

I am retired and I have no workpermit. I pay tax on all the money that comes in to Thailand.

[@ewooll]

@@Pingel1951 me too. HSBC UK makes me prove i have a thai tax ID and declare the money i transfer to thailand - otherwise they threaten to close my uk bank account.

[@johnlundgren7715]

I would very much like to have a legal Thai passport, I have no criminal record, lived here for 8 years. I would be happy to pay 1,000,000 bath. It would make my life easier and better.

[@TheThaiger]

There are options for permanent residency and citizenship but, apart from needing to speak Thai, the conditions are quite onerous

[@gordonduncan8892]

Your marrage visa is made in Thailand and you need to show to the Thai Embassy your wife's cabien ban and marrage visa(copy only) it is checked by the embassy and you will get a three month marriage visa which you will then extend in Thailand. You must show B400k in Thai bank account for two months before you go for the extension. Also depending on age the Thai immagration are picky depending on age of giving marrage visa's (married or not). If you are over 50 years old this is when they start to get picky and may say you need the retirement visa.

[@Simplyanimal]

Do Not listen or take advice from this post. So much wrong info here. Firstly, you cannot get a visa issued for marriage inside Thailand, it is an extension of stay.

[@gordonduncan8892]

@@Simplyanimal I said outside 3 month via embassy.

[@gordonduncan8892]

@@Simplyanimal I said outside via Thai Embassy and you will get 3 months marriage visa, I also said when in Thailand get extension. Learn to read.

[@graerindley6312]

@@Simplyanimal be courteous, sir.

[@AussieBob999]

What works for one bloke may not apply and work for another. I think Ben said that too.

[@David-rn4nf]

Why would anybody want to bring a firearm to Thailand? Leave that mess in America.

[@bluemax92]

The Vlogger 'eXPAT' is calling out 5 Star Marina its Charity Living Waters Phuket and its Associates as scamers can this be true. Furthermore he is now challenging the owner to try suing him.

[@lukerabin5079]

They’ve done a whole lot to help put over the last two years. Who is the guy and how would he know?

[@vicksmith8905]

Hi clowns