🇮🇹 Italy vs 🇹🇭 Thailand
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇮🇹 Italy | 🇹🇭 Thailand |
|---|---|---|
| Tax System | Flat Tax Regime | Territorial (changing) |
| Income Tax (Foreign) | €100k flat (foreign income) | 0-35% (local income) |
| Capital Gains Tax | 0% (foreign) | 0% (foreign, if not remitted) |
| Corporate Tax | 24% | 20% |
| Residency Requirement | Elective Residency Visa | LTR Visa ($80k/year income) |
| Minimum Stay | 183 days | 180 days for tax residency |
| Cost of Living | Moderate-High ($2,500-4,000/mo) | Low ($1,200-2,500/mo) |
🇮🇹 Italy
Highlights
- ✅€100k flat tax on foreign income
- ✅World-class culture
- ✅Amazing food
- ✅EU membership
- ✅Beautiful country
Considerations
- ⚠️Bureaucracy
- ⚠️Language barrier
- ⚠️Regime has time limits
Best For
- 👤Wealthy individuals
- 👤Culture lovers
- 👤EU access seekers
🇹🇭 Thailand
Highlights
- ✅Amazing lifestyle
- ✅Low cost of living
- ✅Great food and culture
- ✅Digital nomad friendly
- ✅Good healthcare
Considerations
- ⚠️Tax rules changing in 2024
- ⚠️Visa can be complex
- ⚠️Language barrier
Best For
- 👤Lifestyle seekers
- 👤Digital nomads
- 👤Retirees
Which Should You Choose?
Choose Italy if: You prioritize €100k flat tax on foreign income and world-class culture. Ideal for wealthy individuals, culture lovers, eu access seekers.
Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.