Expert Info
on 7 Feb 2013
Hello,
Could you help me please? I am hoping to bring my family to Thailand and send my children to an international school.
My wife and children would stay in Thailand for 9 or 10 months of the year while I would fly in fly out to Australia for work.
I would spend less than 180 days in Thailand each year and would not be working at all in Thailand. I would however like to give up my Australian Residency as I would only be in Australia for work purposes which my accountant tells me would exempt me from income taxes in Australia.
Would I be required under these circumstances to pay any Income based taxes to the Thai Government and if so at what rate? Thank you for your time on this matter.
Kind Regards Jim
Could you help me please? I am hoping to bring my family to Thailand and send my children to an international school.
My wife and children would stay in Thailand for 9 or 10 months of the year while I would fly in fly out to Australia for work.
I would spend less than 180 days in Thailand each year and would not be working at all in Thailand. I would however like to give up my Australian Residency as I would only be in Australia for work purposes which my accountant tells me would exempt me from income taxes in Australia.
Would I be required under these circumstances to pay any Income based taxes to the Thai Government and if so at what rate? Thank you for your time on this matter.
Kind Regards Jim
Expat Health Insurance
Cigna Global Health Insurance.
Medical insurance specifically designed for expats. With Cigna, you won't have to rely on foreign public health care systems, which may not meet your needs. Cigna allows you to speak to a doctor on demand, for consultations or instant advice, wherever you are in the world. They also offer full cancer care across all levels of cover, and settle the cost of treatments directly with the provider.
Moving Internationally?
International Movers. Get Quotes. Compare Prices.
Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.
Get your free no-obligation quotes from select removal companies now!
From what I understand if you are in Thailand for less than 180 days a year, you are not considered a resident. If you were to earn any money in Thailand you would be taxed on that income but not on your worldwide income.
As you would be in Australia for the majority of the year, I think you would be considered Australian. Usually you would be required to pay taxes in the country where your income is derived from and where you spend most of the year.
As this is rather a technical issue and needs to be judged on a case by case basis, it may be a good idea to consult an international tax specialist.
The Expat Arrivals pages on Banking and Taxes in Thailand may also be of some use to you.
Best of luck.
Shantalie
Thailand has agreements with a number of Western countries to prevent expats being taxed in both places.
However, to be considered a resident of Thailand you need to be in the country for more than 180 days of the year.
If you are in Thailand for less than that, you will still be considered a resident in Australia and liable of taxes there.
Shantalie
Your status as a taxpayer in Thailand will depend on how many days you are in the country during the tax year.
You are considered nonresident if you've been in the country for less than 180 years if the year. If this is the case you will only be taxed on income derived from Thailand but not your worldwide income.
You did not say where you were from ? Many Western countries have signed treaties with Thailand to avoid double taxation for their citizens living in Thailand.
It is advisable to enlist the services of Thai financial advisor to help with file your taxes, as forms are not in in English which makes things quick tricky for expats .
For more information check out the Banking, Money and Taxes in Thailand page.