My background is that I am a remote worker born in Thailand. This travelling tax strategy may not work in some countries like the US, Australia, or the UK, but to be taxed by the Thai government, you only need to spend less than 183 days per year in Thailand.
I plan to open an offshore bank account and put 80% of my income there. I will pay myself a salary and travel to different countries. This is a grey area, so I will not break the law. Besides, my offshore account requires no tax since I won’t run a business within that country.
You may wonder why I want to do this. Well, salaries in Thailand are really low, and personally, I think this move could be life-changing for me. I just need to accumulate 1 million USD within a few years. Then, by the time I’m back in Thailand, the government can’t tax me because I’ll be living off my passive income.
