What country would you choose to relocate to avoid taxes?

[daniels27]

As far as I know, the rules are the same as for everyone else. You are only considered tax resident if you spend 183+ days per calendar year in Thailand.
Tax residents pay tax on their global income now. But if you spend less than 183 days there, no tax.

180 days:

Thailand - Individual - Residence

Detailed description of individual residence rules in Thailand

taxsummaries.pwc.com

Also observe the PE rules, your company may be deemed having a PE earlier.

 

[Clank]

Tax residents pay tax on their global income now.

Only remitted income for now.

 

[JustAnotherNomad]

Right, sorry, 180 days, and remitted income only (though tax on global income is being discussed).

Also observe the PE rules, your company may be deemed having a PE earlier.

Seems highly unlikely in Thailand. I doubt anyone has ever heard of that being applied, unless you have local clients/workers etc.

 

[lavel]

It's not worth it, there are better options if you want to live in a civilized country i.e. Switzerland, Portugal, Bulgaria etc.

 

[cryptofriendly]

It's not worth it, there are better options if you want to live in a civilized country i.e. Switzerland, Portugal, Bulgaria etc.

Unfortunately, the options you listed are located in the open air gulag that the EU became, and even CH can't escape its proximity. Even Panama would be a better option than these in many ways.

 

[lavel]

Yeah Panama, how could I forget about it. Does it still has all it's perks and no income tax?

 

[cryptofriendly]

Yeah Panama, how could I forget about it. Does it still has all it's perks and no income tax?

It looks still suitable for individuals with income from outside of Panama. I remember there might have been a change regarding residency/citizenship a few years ago. I don't have any personal experience though.

Panama - Individual - Taxes on personal income

Detailed description of taxes on individual income in Panama

taxsummaries.pwc.com