March 15, 201313 yr Hi all, I'm leaving Thailand after 6 years working here and trying to work out what will become of my LMFs and Provident Fund, especially given the tax benefits they realised in previous years. I'm trying to work out - is it possible to leave both the LTFs and PVD Fund in place until they meet the requirements for full tax benefits (5 years for LTF and until 55 for PVD)? I'm thinking it's possible for the LTFs but probably not for the PVD. And what taxes will I be liable for in those cases? I know I should just get an accountant but have had no luck in finding one who gives a consistent answer when dealing with expat issues. Has anyone had the same experience leaving Thailand or knows an accountant who understands these issues? Thanks in advance guys!
March 18, 201313 yr With regard to the Provident Fund, I left Thailand after working for eight years for a Thai company. When I turned 55, the company contacted me to know my bank account details to make the refund. I still had a Thai bank account, so no problem. Might be an issue paying to a foreign country account.
Create an account or sign in to comment