Hello!
After the DTV is approved, I want to transfer my income from my home country to a local bank in Thailand to use for my living expenses.
However, in this case, if I live in Thailand for more than 180 days, will I have to pay extra taxes to Thailand on the transferred amount?
I am from a country that has a DTA(double taxation agreement) with Thailand.
TLDR : Answer Summary
The discussion revolves around the implications of transferring income from a home country to a Thai bank account after obtaining a DTV visa. Several commenters agree that tax liability in Thailand depends on the specifics of the income and the tax treaty with the home country. Key points highlighted include: 1) If the money has already been taxed in the home country under a Double Taxation Agreement (DTA), it may not incur additional tax in Thailand. 2) Concerns were raised about difficulties in opening a Thai bank account as a DTV holder and the potential necessity of considering alternative methods for managing finances. 3) There are varying opinions on the best approach for handling funds, including keeping money in accounts outside Thailand until residency status changes.
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