Dear readers,

In 2025 I want to transfer money via WISE to my Thai bank account in my name, about 50.000 euros. This amount is intended to build a house in the name of my Thai (also Belgian nationality) wife.

I am currently living in Belgium and would not move to Thailand until 2026, for more than 180 days.

Do I have to pay any taxes or fees on this transferred money?

Regards,

Luc

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10 Responses to “Transferring Money to Thailand for a House: Do You Have to Pay Taxes?”

  1. johnkohchnag says up

    I am not an expert but I do know the rules. If you live in Thailand for less than 180 days in year x you are NOT liable for tax for that year. So if you send money in that year you do not have to pay tax on it

  2. Jozef says up

    For months now, the phrase has been around: "a foreigner who stays in Thailand for 180 days or more in a tax (calendar) year". If you transfer money to TH in 2025 and you are not in TH for 2025 days or more in 180, you are not liable for tax. This will only be the case in 2027 if you are in TH for 2026 days or more in 180 and bring in more than ThB 120.000. For the record: the BE-TH tax treaty grants you a tax credit on income tax payable in TH. As a Belgian, you have no worries about this.

  3. Eric Kuypers says up

    Luc, your tax liability in Thailand starts when you step ashore there. You are immediately liable for tax on Thai domestic income such as profit from Thai business, income from Thai employment and on (bank) interest that matures in Thailand.

    For foreign income, you are only liable for tax there if you meet the tiebreaker provisions in article 4 of the BE-TH treaty and if you are there for 180 days or more. You are going to transfer money this year and only live next year, emigrate I assume. Then you do not have to worry about tax obligations in Thailand in 2025. I assume that your wife is now staying in Thailand for no more than 179 days and has her tax residence in Belgium.

    • Khaki says up

      Erik, you state “your tax liability in Thailand starts when you step ashore there. You are immediately liable for tax ………….and on (bank) interest that ripens in Thailand”. Does that mean that also for foreigners who stay in Th for less than 180 days, the tax on the interest from Thai savings, cannot be recovered. I, or rather my Thai wife, still manage to do it…..

      Khaki

      • Eric Kuypers says up

        Haki, yes! You can choose for regular accounts: the withholding tax is final tax, then that money is gone, or you let it count as income, you have the deductions, the tax becomes zero, and the withholding tax comes back.

        Tax liability and tax payment are different things; you should not confuse the two.

        • khaki says up

          Erik! I appreciate your reaction but I can't eat cheese of it. That's why we just keep trying and as long as it continues to be successful, that's a bonus. If it is refused, we will get/ask.

  4. Jbakker says up

    Dear Erik Kuijpers. Is the OUTCOME of the situation of Luc the Belgian also valid for the Dutchman?
    So no tax due.
    Grt Jbakker

  5. Eric Kuypers says up

    JBakker, yes. Anyone who does not stay in Thailand for 180 days or more in a calendar year is not liable for income from abroad, but is liable for Thai domestic income such as wages and (bank) interest.

    • Rijck says up

      Dear Erik, I am really starting to believe that many of the above questions belong better to the tax topic concerning 'stupidity'. But be honest: if it applies to a Belgian, then surely not to a Dutchman? Come on!

      • Eric Kuypers says up

        Rijck, I never use the word stupidity. Not everyone has the same education and background. I don't think asking questions is stupid at all.

        In addition, article 23 in the NL-TH treaty has a completely different content than article 23 in the BE-TH treaty. That difference becomes particularly clear if you contribute money that does NOT come from the sale of your home in your 'home country'. In the NL-TH treaty, Thailand has made a major reservation for taxation in article 23 and it is actually a good thing that many Thai officials do not understand the treaty at all...

        So let's be careful with that kind of wording. Just look at the number of times I've had to point out that there's a difference between the numbers 179 and 180 and the questioners were definitely not the least educated….


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