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I received a follow up telephone call from BOI. I asked the specific question regarding transferring money earned from prior employment outside of Thailand and received the response that it would not be exempt

I received a follow up telephone call from BOI. I asked the specific question regarding transferring money earned from prior employment outside of Thailand and received the response that it would not be exempt

Received this from BOI today, tax exempt only for prior year: Greetings from the LTR Visa Unit. We want to clarify that the tax exemption for overseas income will commence from the month you receive the LTR Visa onward, which typically falls within the next tax year. Any income earned in the period prior to holding the LTR Visa will not be considered for tax exemption.

received this today: Greetings from the LTR Visa Unit. We want to clarify that the tax exemption for overseas income will commence from the month you receive the LTR Visa onward, which typically falls within the next tax year. Any income earned in the period prior to holding the LTR Visa will not be considered for tax exemption.

Greetings from the LTR Visa Unit. We want to clarify that the tax exemption for overseas income will commence from the month you receive the LTR Visa onward, which typically falls within the next tax year. Any income earned in the period prior to holding the LTR Visa will not be considered for tax exemption.

received this from BOI today: Greetings from the LTR Visa Unit. We want to clarify that the tax exemption for overseas income will commence from the month you receive the LTR Visa onward, which typically falls within the next tax year. Any income earned in the period prior to holding the LTR Visa will not be considered for tax exemption.

I believe that you meant “will be taxable”. In any event, not a concern for me, as I only became a tax resident this year and have the LTR

This could not possibly be more clear: From Royal decree 743: "Section 5 Income tax under Part 2 of Chapter 3 in Title 2 of the Revenue Code shall be exempted for a foreigner categorised as Wealthy Global Citizen, Wealthy Pensioner, or Workfrom-Thailand Professional who is granted a Long-Term Resident Visa under immigration law for assessable income under section 40 of the Revenue Code derived in the previous tax year from an employment, or from business carried on abroad, or from a property situated abroad, and brought into Thailand." 2 Quote

LTR holders who have posted seem quite confident that they are tax exempt. If you are truly interested in the LTR and do not have confidence in what has been posted by LTR holders, why don’t you go directly to the BOI and ask them? I did this last week and received a prompt and satisfactory answer.

The LTR exemption is not based upon a directive, order, rule, regulation, response to inquiries or other practices, it is a Royal Decree. You seem to have a fixation with this. If you do not have an LTR, why do you care? Better to spend your time looking for other workarounds, like gifts.

Read Royal Decree 743- The Tax Incentives under Royal Decree (No 743) The Royal Decree (No 743) gazetted on 23 May 2022 prescribes the income tax incentives for foreigners to come and reside in Thailand under an LTR Visa, as follows: Wealthy Citizen, Retired and Work-from-Thailand Foreigners For Wealthy Citizen, Retired and Work-from-Thailand foreigners who come and reside in Thailand under an LTR Visa: A right to exemption from tax on income that's derived from a post or an office outside Thailand or business outside Thailand or property outside Thailand and brought into Thailand (i.e. an exemption from the Foreign Source Income Law).