thaigrouphike

My understanding is that if you invested your savings into stocks and bonds for example and you remit part of it into Thailand, then you would only be taxed on the after-2024 income (dividends+interests-taxes) part of that remitted part. Also, if you have a saving with 1000, you add 1000 that you take from your stocks and you remit 1000 then you can argue that these 1000 are the savings and thus are not taxable. Basically the assumption is that all money can be traced and it is your job to prove to tax authorities where it comes from. They are not going to do that job for you. You have to make it clear for them.

Mainly the EU, with Macron the most zealous one, as EU leaders (and again mainly Macron) are preparing worldwide tax and control on their citizens, new wealth tax, exchanges of personal data, cryptocurrencies taxes and regulations, and the dystopian list goes on... So there has been a lot of emigration towards Thailand and UAE. They put pressure on Thailand, if it wants to join the OECD they should follow their recommendations.