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salavan

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Posts posted by salavan

  1. 58 minutes ago, gamb00ler said:

    A google search should be your first source:

     

    Nationwide charges a SWIFT transfer fee of £20 for international payments

     

    The receiving end fees and exchange rates are determined by the Thai bank.  Don't let Nationwide do the currency exchange.

    Any idea what rate the Thai Bank uses ie. tourist rate or TT rate? 

    Do they charge a fee for bringing it in? 

  2. 19 hours ago, topt said:

    My understanding, and there was some discussion in one of the main tax threads last year, is that it counts as a remittance irrespective if in foreign currency or exchanged to baht.

    Others may disagree.

     

    Whether it is taxable depends on other "qualities" as for all remittances - Eg. if savings from pre 31/12/2023, US SS etc.

    As with any remittances it would be up to you to declare it on a tax return if assessable so not automatically taxable.........

    How much can a 70 year old remit to Thailand before its taxes

  3. 1 hour ago, DrJack54 said:

    Unless your embassy can provide "income letter" you would use 800k in bank account method.

    So it's not AND it's OR.

    Which country is your passport 

     

    Edit: OP, seems from other threads you have UK pp.

    You will use money in bank method.

    For extension retirement you require 800k in Thai bank account in your name only seasoned 2 months prior to application for extension and 3 months after application not below 800k.

    In other months can be as low as 400k 

    Thanks jack

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  4. 1 minute ago, VocalNeal said:

    How long do you want to stay? 

     

    https://www.oyorooms.com/th/86742/?latitude=13.660448&longitude=100.612133&locale=en

     

    Some places you can book for a month. Like Sathon Saint View. One of my mates is a frequent guest. He books for a month but stays for 3 weeks. I stayed there 25 years ago. The pool is nice. I sat reading a book watching the BTS being test run.

    Just a few days now and then just a change of scenery, short getaway

  5. Can anyone recommend a hotel or guest house around 400 to 500 baht a night, any district. (No need for air conditioning) 

    I looked on the internet but they seem to be controlled/advertised by the large tour companies. 

  6. 3 hours ago, lordgrinz said:

    Maybe the best course of action is to bring in (before the end of 2024) enough to live on until mid-2025, by then we will know all the details, and can make a decision on the future. In either case I wouldn't want to be dealing with that first year of these new tax laws, let the guinea pigs take the plunge first. 

    You mean bring it in before the end of 2023 because that's when it starts

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