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VIRTUAL ROUND TABLE

Thailand Private Client 

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Description

The Virtual Round Table (VRT) series of talks will bring together senior industry practitioners to gain insight and understanding on legal, tax and private wealth issues facing HNW individuals and clients across Asia, particularly in light of the continuing COVID-19 crisis.

In this VRT we shall consider the interaction between Thai matrimonial, divorce, succession and tax laws where there is a foreign connection, either through foreign property ownership, a foreign property holding structure such as a trust, or as a result of immigration to Thailand, where non-Thai assets continue to be held.

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Two unique case studies will be considered:

Domestic Case Study

This case study will consider application of domestic Thai matrimonial, divorce, succession and tax laws where a Thai resident, domiciled, citizen holds property in the UK and Singapore, and related tax and regulatory considerations where foreign assets are transferred into a trust.

Foreign Case Study

This case study will illustrate the interaction of Thai and Japanese matrimonial, divorce, succession and tax laws in the case of a Japanese family emigrating to Thailand. The case study will explain the requirements of the Thai Elite Immigration Program. Japanese tax and succession planning options will also be explored illustrated by the creation of a family trust in Singapore.

 

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