🇹🇭 Thailand vs 🇵🇭 Philippines
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇹🇭 Thailand | 🇵🇭 Philippines |
|---|---|---|
| Tax System | Territorial (changing) | Territorial (residents) |
| Income Tax (Foreign) | 0-35% (local income) | 0-35% |
| Capital Gains Tax | 0% (foreign, if not remitted) | 6-15% |
| Corporate Tax | 20% | 25% |
| Residency Requirement | LTR Visa ($80k/year income) | SRRV ($50k deposit) |
| Minimum Stay | 180 days for tax residency | None required |
| Cost of Living | Low ($1,200-2,500/mo) | Very Low ($1,000-2,000/mo) |
🇹🇭 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
🇵🇭 Philippines
Highlights
- ✅English widely spoken
- ✅Very low cost of living
- ✅Beautiful islands
- ✅Friendly people
- ✅Easy residency
Considerations
- ⚠️Infrastructure varies
- ⚠️Typhoon season
- ⚠️Bureaucracy
Best For
- 👤Retirees
- 👤Budget nomads
- 👤English-speaking Asia
Which Should You Choose?
Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
Choose Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.