15.30° N · 101.00° E
Thailand Tax Guide
AsiaLast verified June 2026Remittance-based system
- Top income tax
- 35%
- Capital gains
- 0%
- Corporate
- 20%
- VAT / GST
- 7%
- Residency test
- 180 days
Progressive 0-35%
In short
- Thailand offers excellent private hospitals, very fast home internet and a low cost of living, with dedicated visas for remote workers and retirees.
- Long-Term Resident (LTR) Visa: 17% flat on Thai employment income for highly-skilled LTR holders; foreign income exempt for wealthy categories (10 years).
- Watch out: Since 2024, foreign income remitted to Thailand is taxable for residents without LTR, and Bangkok heat and air pollution are serious drawbacks.
Verified June 2026 · 2 sources
Recent changes
- 2026-10-27 law changeForeign income: remittance-based since 1 January 2024 (Por. 161/2566); income earned from 2024 is taxed whenever brought into Thailand.
Best for
- Zero capital gains
No CGT on investment, property, or crypto disposals (subject to "investor" classification).
- Remittance-based foreign income
Foreign income only taxed when remitted to the country.
- No wealth tax
No annual tax on net worth or assets.
- No inheritance tax
Estate and lifetime transfers not subject to inheritance tax.
- Crypto-friendly
0% CGT plus favorable foreign-income treatment make this strong for crypto holders.
Personal Income Tax
Residency, rates, foreign income, capital gains, wealth and inheritance, special regimes+
Personal Income Tax
Residency, rates, foreign income, capital gains, wealth and inheritance, special regimesTax Residency
Income Tax Rates
Foreign Income Treatment
Investment Income
Exempt on securities traded on Thai stock exchange
Wealth & Inheritance
Special Regimes
Practical Notes
Since January 2024, foreign income earned from 2024 onwards is taxable when remitted to Thailand; income earned before 2024 can still be brought in tax-free. LTR visa holders in Wealthy Global Citizen/Pensioner categories exempt from tax on foreign income. Work-from-Thailand Professionals pay 17% flat. Without LTR, manage remittances carefully.
Business & Corporate Tax
Corporate rate, withholding, VAT, substance, Pillar Two and treaties+
Business & Corporate Tax
Corporate rate, withholding, VAT, substance, Pillar Two and treatiesCorporate Income Tax
Withholding Taxes
VAT / GST
Compliance & Substance
Notable Regimes
- BOI tax holidays
- IEAT free zones
OECD Pillar Two (15% global minimum tax)
Royal Decree on the Top-up Tax B.E. 2567 enacted late 2024; rules effective for FYs starting on or after 1 Jan 2025.
See full implementation trackerTax Treaty Network
US-Thailand treaty (1996) in force. No US totalization. ASEAN-wide network.
See full treaty matrixBeyond tax
Living in Thailand
Thailand offers excellent private hospitals, very fast home internet and a low cost of living, with dedicated visas for remote workers and retirees.
- Expat hub
- Bangkok
- Monthly budget
- ~$1,900
- Climate
- Tropical, 29°C
- Time zone
- UTC+7
- Tax72 → 90
- Cost of living$$
- Safety65
- Healthcare82
- English45
- Internet250 Mbps
- Warm climate100
- Residency access60
- Scores 0-100, higher is better. Editorial composite ratings; see method.
Newcomer tax regime
Long-Term Resident (LTR) Visa: 17%
17% flat on Thai employment income for highly-skilled LTR holders; foreign income exempt for wealthy categories. 10 years. Who qualifies: LTR visa holders meeting income or asset thresholds.
Ways to get residency
- Destination Thailand Visa (DTV)500,000 THB in savings; 5-year multiple entry for remote workers, stays of up to 180 days per entry
- Long-Term Resident (LTR) visaUS$80,000+/year income or US$1 million+ assets depending on category
- Retirement visa (Non-O)Age 50+, 800,000 THB deposit or 65,000 THB/month income
Watch out: Since 2024, foreign income remitted to Thailand is taxable for residents without LTR, and Bangkok heat and air pollution are serious drawbacks.
See how Thailand ranks for remote workers, retirees and familiesData Sources
Last verified: June 2026. Always check official sources before making a decision.
FAQ
What is the personal income tax rate in Thailand?
+
Thailand has a top personal income tax rate of 35%. The tax structure is: Progressive 0-35%. See the detailed breakdown above and verify with official sources.
Do I need to pay tax on foreign income in Thailand?
+
Thailand uses a remittance-based system for foreign income. Since 1 January 2024 (Por. 161/2566) foreign income earned from 2024 onwards is taxable whenever a resident brings it into Thailand; income kept abroad is not taxed. LTR visa categories carry exemptions
What are the residency requirements for Thailand?
+
Tax residency in Thailand generally requires 180 days of physical presence. 180 days in a calendar year. Always verify current rules with official sources.
Is there a wealth tax in Thailand?
+
No, Thailand does not have a wealth tax. No wealth tax
What is the corporate tax rate in Thailand?
+
The corporate tax rate in Thailand is 20%. 20% corporate tax; SME rates available
US citizen moving to Thailand? Read this first.
Thailand uses a remittance-based system for foreign income. For US citizens this often combines well with FEIE.
- •Foreign-source income may be exempt or only taxed on remittance in Thailand, but the US still taxes US citizens worldwide. FEIE (~$130k earned income) plus FTC on any Thailand tax paid is the standard combination.
- •Self-employment tax (15.3%) is owed in full — Thailand has no totalization agreement with the US.
- •Carefully document whether income is "Thailand-source" or foreign-source. The classification drives both Thailand and US tax outcomes; getting it wrong is the #1 audit risk in this category.
- •Residency requires 180 days. Special regimes may further reduce Thailand tax — check the country page for current options.
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