๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom vs ๐Ÿ‡น๐Ÿ‡ญ Thailand

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom๐Ÿ‡น๐Ÿ‡ญ Thailand
Tax SystemNon-Dom RegimeTerritorial (changing)
Income Tax (Foreign)20-45%0-35% (local income)
Capital Gains Tax0% (non-dom, unremitted)0% (foreign, if not remitted)
Corporate Tax25%20%
Residency RequirementVarious visas availableLTR Visa ($80k/year income)
Minimum StayTax residency tests180 days for tax residency
Cost of LivingHigh ($3,500-6,000/mo)Low ($1,200-2,500/mo)

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

Highlights

  • โœ…Non-dom status available
  • โœ…Global financial hub
  • โœ…English speaking
  • โœ…Common law
  • โœ…Strong legal system

Considerations

  • โš ๏ธNon-dom being reformed
  • โš ๏ธHigh cost of living
  • โš ๏ธWeather

Best For

  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คNon-dom planning
  • ๐Ÿ‘คGlobal business

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

Which Should You Choose?

Choose United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.

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.