Capital Gains Tax In Thailand

[jberwick]

Hello,

I am a Canadian citizen but looking to become resident in another country for tax purposes as all my income comes from capital gains, and some dividends, from stocks.

I would like to consider Thailand but from what I have seen on the web, it appears that capital gains taxes in Thailand are considered equivalent to other taxes (ie. income tax etc) and has a peak tax rate of 37%, which is a lot more than Canada (Canada is taxed at the regular rate on 50% of the capital gain... so since Canada's top tax rate is around 40%, you "only" get taxed 20%).

I just want to verify here that this is the case... or does anyone know of any way to reduce or eliminate global stock capital gains by becoming resident in Thailand?

Thanks!