๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ฒ๐Ÿ‡พ Malaysia
Tax SystemTerritorial (changing)Territorial
Income Tax (Foreign)0-35% (local income)0% (foreign income)
Capital Gains Tax0% (foreign, if not remitted)0%
Corporate Tax20%24%
Residency RequirementLTR Visa ($80k/year income)MM2H (complex)
Minimum Stay180 days for tax residencyNone for tax benefits
Cost of LivingLow ($1,200-2,500/mo)Low ($1,500-2,500/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‡ฒ๐Ÿ‡พ Malaysia

Highlights

  • โœ…Zero tax on foreign income
  • โœ…English widely spoken
  • โœ…Modern infrastructure
  • โœ…Multicultural society
  • โœ…Great food

Considerations

  • โš ๏ธMM2H requirements tightened
  • โš ๏ธHot and humid climate
  • โš ๏ธSome restrictions on activities

Best For

  • ๐Ÿ‘คFamilies
  • ๐Ÿ‘คRetirees
  • ๐Ÿ‘คAsia-based professionals

Which Should You Choose?

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

Choose Malaysia if: You prioritize zero tax on foreign income and english widely spoken. Ideal for families, retirees, asia-based professionals.

Not Sure Which is Right for You?

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