Do foreigners pay inheritance tax in Thailand?

Thai inheritance tax applies to assets received from a deceased person when the value inherited by an individual beneficiary exceeds the legal threshold.

The tax rules apply regardless of whether the beneficiary is Thai or foreign. However, the tax is calculated separately for each beneficiary and only applies to the portion of assets that exceeds the applicable threshold.

In many cases, estates fall below this threshold and inheritance tax may not apply. Even where inheritance tax is not triggered, other tax considerations may arise during estate administration, particularly when assets are sold, transferred or generate income.