๐น๐ญ Thailand vs ๐ฒ๐พ Malaysia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐น๐ญ Thailand | ๐ฒ๐พ Malaysia |
|---|---|---|
| Tax System | Territorial (changing) | Territorial |
| Income Tax (Foreign) | 0-35% (local income) | 0% (foreign income) |
| Capital Gains Tax | 0% (foreign, if not remitted) | 0% |
| Corporate Tax | 20% | 24% |
| Residency Requirement | LTR Visa ($80k/year income) | MM2H (complex) |
| Minimum Stay | 180 days for tax residency | None for tax benefits |
| Cost of Living | Low ($1,200-2,500/mo) | Low ($1,500-2,500/mo) |
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
๐ฒ๐พ Malaysia
Highlights
- โ Zero tax on foreign income
- โ English widely spoken
- โ Modern infrastructure
- โ Multicultural society
- โ Great food
Considerations
- โ ๏ธMM2H requirements tightened
- โ ๏ธHot and humid climate
- โ ๏ธSome restrictions on activities
Best For
- ๐คFamilies
- ๐คRetirees
- ๐คAsia-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.