Retirement Mutual Funds (RMFs) and Long-Term Equity Funds (LTFs)—LTF Tax Privileges Revised
Submitted by Creveling & Creveling Private Wealth Advisory on December 13th, 2016By Peggy Creveling, CFA, and Chad Creveling, CFA
This article originally appeared in the American Chamber of Commerce of Thailand (AMCHAM)’s T-AB Magazine 5/2016 and has been shared with permission.
For many employed expats in Thailand, Thai Long-Term Equity Funds (LTFs) and Retirement Mutual Funds (RMFs) can provide worthwhile Thai tax benefits. This article discusses the merits of both types of investments, and highlights an important 2016 change to the LTF holding period. For a period of time U.S. citizens were unable to invest in LTFs and RMFs due to FATCA legislation; however, some Thai asset management companies are again accepting U.S. citizens.
