Five years of tax-free cryptocurrency trading, has the Southeast Asia 'money-making paradise' truly arrived? Thailand has made a bold move!
🌴 Policy Update
✅ Tax-Free Entities:
- Thailand SEC licensed exchanges (Binance/Bitkub, etc.)
- Capital gains from trading/investment (2025-2029)
🚫 Not Applicable:
- Unlicensed platforms (such as small exchanges, P2P trading)
- Value-added tax (VAT) may still apply
Prime Minister's Original Words:
> “Let Thailand become a global center for crypto assets!”
> —— Deputy Minister of Finance Julapun Amornvivat
💰 Money-Making Strategy
Three Steps to Seize Tax-Free Benefits
1️⃣ Choose Exchange: Recognize Thailand SEC license
- ✅ Compliant Exchanges: Bitkub, Binance TH, Upbit SG
- ❌ Avoid: Unlicensed small exchanges
2️⃣ Deposit:
- Fiat Currency Channel: Direct deposit in Thai Baht (supports UnionPay)
- Tax-Free Limit: Unlimited (cash out anytime within 5 years)
3️⃣ Cash Out:
- Thai bank account → Directly withdraw Thai Baht
- 0% capital gains tax vs 20-40% in Europe and America
⚠️ Pitfall Guide
❗️ Unlicensed Platforms:
Not only non-tax-free, but assets may be frozen!
❗️ Value-Added Tax (VAT):
The government plans to levy 1-7%, closely monitor policies
❗️ Residency Requirement:
Tax exemption is limited to trading activities within Thailand (proof of IP address required)
🌟 Call to Action
> “While Europe and America are collecting 30% taxes,
> Thailand raises the tax-free flag:
> ‘Lettuce enthusiasts, come to Southeast Asia to bask in the sun!’
