Let's say I go to Thailand on a tourist visa and sell my Apple shares because of a market crash (or insert reason here). What if I buy some Tesla? (yeah, I know I know….). What if I go for 90 days and do this 5 times…….or 10…or maybe 20?
If, however, I lived in Thailand on a Thai Elite visa, and lightly dabbled in some foreign investing on the side, what's the official line? Am I a trader, and is this "working" on the tourist visa?
Also, what would be the case if I was to do that through an offshore entity and paid myself an annual dividend? Given that there are no CFC rules in Thailand, and you are not stuck in an office for 40 hours a week, surely you are not breaching the terms of the visa and considered to be working?
If anything is questioned, surely a good tax lawyer can argue that you are just investing for your financial future and not working - or am I missing something with the offshore entity and directorship/shareholder?
Oh....................and what if there was a tad of crypto involved in there somewhere?
If, however, I lived in Thailand on a Thai Elite visa, and lightly dabbled in some foreign investing on the side, what's the official line? Am I a trader, and is this "working" on the tourist visa?
Also, what would be the case if I was to do that through an offshore entity and paid myself an annual dividend? Given that there are no CFC rules in Thailand, and you are not stuck in an office for 40 hours a week, surely you are not breaching the terms of the visa and considered to be working?
If anything is questioned, surely a good tax lawyer can argue that you are just investing for your financial future and not working - or am I missing something with the offshore entity and directorship/shareholder?
Oh....................and what if there was a tad of crypto involved in there somewhere?