Thailand new change - world wide income at Thai tax levels to be taxed

[DCble]

Really depends if you live hand to mouth (income) or have savings/investments that you can pull from to live off.

I.e some of us have principle invested that allows years/decades of grandfathered in prior income so current stance remains unaffected and the way to deal with WW income is to use a vehicle as Thailand is still very much territorial on that front

Just the headache of WW taxation will make me leave Thailand.

Even investments that aren't taxable in Thailand will need to be declared and have a whole host of paperwork. No thanks.

 

[aniglo22]

Just the headache of WW taxation will make me leave Thailand.

Even investments that aren't taxable in Thailand will need to be declared and have a whole host of paperwork. No thanks.

What options are you considering ?

 

[DCble]

What options are you considering ?

Probably Georgia or Malaysia.

Like the idea of geting Malta citizenship but CFC rules and the current state of the island puts me off.

 

[JackAlabama]

still unsure at how this goes down like pretty much elsewhere.