๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia
Tax SystemTerritorial (changing)New Tax Holiday
Income Tax (Foreign)0-35% (local income)0% (5 years, new residents)
Capital Gains Tax0% (foreign, if not remitted)0% (foreign)
Corporate Tax20%22%
Residency RequirementLTR Visa ($80k/year income)Second Home Visa
Minimum Stay180 days for tax residencyNone required
Cost of LivingLow ($1,200-2,500/mo)Very Low ($1,000-2,000/mo)

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia

Highlights

  • โœ…New tax holiday for new residents
  • โœ…Beautiful islands (Bali)
  • โœ…Very low cost of living
  • โœ…Large expat community
  • โœ…Digital nomad visa

Considerations

  • โš ๏ธRules still evolving
  • โš ๏ธInfrastructure varies
  • โš ๏ธVisa complexity

Best For

  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คBali lovers
  • ๐Ÿ‘คBudget-conscious

Which Should You Choose?

Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.

Choose Indonesia if: You prioritize new tax holiday for new residents and beautiful islands (bali). Ideal for digital nomads, bali lovers, budget-conscious.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.