Asia · Southeast Asia
Thailand
A ten-year visa, an excellent quality of life, and a tax regime that changed its mind twice in three years — the LTR visa's statutory foreign-income exemption is the only reason a wealthy family should look at Thailand rather than run from it.
Tax position
- Income tax (top)
- 35% top marginal rate on income above THB 5m
- Capital gains
- Taxed as ordinary income at progressive rates up to 35%; gains on SET-listed shares sold through the exchange are exempt for individuals
- Wealth tax
- none; a land and buildings tax applies at low rates
- Inheritance tax
- 5% for ascendants and descendants, 10% for others, on the value inherited above THB 100m; spouse exempt. Low by regional standards
- Special regime
- A remittance-based system for foreign income, materially tightened from 1 January 2024 — see the dedicated entry. LTR visa holders in three of the four categories are exempt from tax on remitted foreign income under Royal Decree No. 743.
- Territorial
- No — worldwide income taxed
- CFC rules
- No
- Exit tax
- No
- CRS
- Participating
Is Thailand actually right for your family?
We will tell you if it is not. That is the whole service.