Thailand waives capital gains tax on crypto trades via licensed platforms from January 1, 2025, to December 31, 2029, to attract investors.
Thailand will exempt capital gains tax on cryptocurrency trades conducted through licensed platforms for five years starting January 1, 2025. The policy aims to position the country as a regional crypto hub and aligns tax treatment with traditional securities.
The exemption covers the period until December 31, 2029, and follows an earlier move to waive a 7% value-added tax on crypto gains in early 2024. However, trades on unlicensed or overseas exchanges will still face personal tax rates up to 38%.
The initiative targets digital nomads and crypto investors, reflecting Thailand’s push to attract foreign capital amid growing competition in the sector.