Thailand as home, roaming the world tax free - the pipe dream

[ronnie50]

Okay, this is just for fun.

 

We don’t know how/if income taxes will be applied to foreigners, and while it probably wouldn’t be a huge hit to most of us, a Thai tax on ‘global income’ for very wealthy expats who’ve lived here for years, precisely because they’ve avoided paying income tax, would be a great concern.

 

So, they could probably afford to move around each year while still making Thailand their main digs, but not long enough to pay tax here.

 

Example – using the best weather months to meet the 179 day max stay in Thailand (to avoid tax)

 

January through April – Thailand – 120 days

May through October (29^th) – 182 days (summer in either Canada, Japan, Portugal, Spain, etc. – all countries where tax residency doesn’t kick in until 183 days or more – Japan is longer/different).

October 30 to November 8, stopping in one of the other countries above (en route back to Thailand) – 10 days

November 8 through December 31 – Thailand – a final 53 days

(then repeat)

……………………..

I think the math is right. Again – just for fun – and yes, for the majority of expats that don’t have existing homes in these other places, the costs of spending half a year away wouldn’t make any economic sense. But, if you were one of those uber wealthy above (maybe you are), how would you do it? On your yacht?

 

[Will B Good]

No way on God's Earth would I be found in Thailand January to April. The temperatures are brutal and the AQ horrific.

 

Winter in Switzerland.

Autumn Thailand

Spring UK

Summer Germany

[ronnie50]

5 minutes ago, Will B Good said:

No way on God's Earth would I be found in Thailand January to April. The temperatures are brutal and the AQ horrific.

 

Winter in Switzerland.

Autumn Thailand

Spring UK

Summer Germany

Sure, decent plan, but Autumn in Thailand is rainy season and September and October are the worst (flooding, downpours)

[Will B Good]

4 minutes ago, ronnie50 said:

Sure, decent plan, but Autumn in Thailand is rainy season and September and October are the worst (flooding, downpours)

True....in my mind I moved Autumn to October November December....5555

[mokwit]

11 minutes ago, Will B Good said:

No way on God's Earth would I be found in Thailand January to April. The temperatures are brutal and the AQ horrific.

 

Winter in Switzerland.

Autumn Thailand

Spring UK

Summer Germany

I would have thought you would want to spend more time in Isaan.

[Will B Good]

2 minutes ago, mokwit said:

I would have thought you would want to spend more time in Isaan.

 

In BKK for the next few weeks......Isaan simply does not exist............. until the New Year.......555

[MartinBangkok]

A friend of mine relocated to another country half the year already. Total cost looking solely at 2024:  One time expenses mostly (deposits for renting a house, furniture, aircon, TV washing machine, etc), including travel: approximately 370.000 Baht).

 

Saved Thai tax circa 600.000 Baht. A no brainer for him.

 

Total cost 2025 in new country: Around 380.000 Baht (rent, electrisity, water, wifi, mobile phone plan, motor insurance etc) including 6 return travels. Saved Thai tax 2025: Approximately 600.000 Baht.

 

He didn't have to, but bought a new ride in the new country. So that increases the above mentioned cost, but the American dream machine was under half price of (crazy) Thailand, which made it a sheer joy to purchase he told me.

 

PS: Due to unforeseen circumstances in December, he just made it out of Thailand, with two hours to spare!, in order to not exceed the 180 days maximum limit for 2024.

 

[spidermike007]

45 minutes ago, ronnie50 said:

Sure, decent plan, but Autumn in Thailand is rainy season and September and October are the worst (flooding, downpours)

I've always found rainy season in Thailand to be the best time of year, many days that are overcast and cooler, some rain here and there but with the exception of the deep south nothing consistent enough to be annoying.