Do I pay taxes in Thailand with a digital nomad visa?
AI Answer
Yes, if you hold a Long-Term Resident (LTR) visa as a digital nomad in Thailand, you absolutely pay taxes. Specifically, you're subject to a flat 17% tax rate on any income you earn from work performed within Thailand.
Things get a bit trickier with foreign income. If you earn money from abroad and bring it into Thailand within the same tax year, it can also be subject to Thai personal income tax under standard rules. This means it might be taxed at progressive rates up to 35%, depending on the amount, not the flat 17%.
For example, if you make $60,000 USD (roughly 2.2 million THB) from a client in Thailand, you'd pay 17% on that, which is $10,200 USD. If you also brought in $30,000 USD from a US client in the same year, that $30,000 could be taxed at the higher progressive rates.
My advice? Track your income sources and transfers carefully. Consider consulting with a Thai tax professional to ensure compliance and avoid any surprises.