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falang07

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Posts posted by falang07

  1. Naam, with all respect to you, comparing 1980 with the steady rise of gold for decades is silly. Or do you think that money in 1980 were of the same value as today, with all the quantitative easing a.k.a. printing money from the thin air? Be a realist, the prices of metals or any commodities are only going to rise in the long term as is rising the amount of money in the system. Temporary short-time movements are not important, it is a normal correction.

  2. There was a similar pattern around 2008 where the price looked like about to fall but then it skyrocketed to more than double. Similarly in EUR. Not everyone buys in USD, however, even in USD this proves to be a good investment in the long term (if you plan to buy and sell in a few months, there are better options, I agree, but the main reason to buy gold is to protect the value in the long term, not a short term speculative investment).

  3. This is different, craigt3365, you show examples of discounts that some residents can get in your country (like the half price admission to the Royal Pavilion), but here in Thailand we are speaking of a substantial surcharge (200% in case of that beach in Sattahip) compared with the standard price!

  4. There are two options for a residency letter:

    1. the embassy

    2. immigration. But immigration will often not issue, unless one is making 90 day reports. Otherwise they have no record of you staying at an address.

    Some DMV offices accept a letter from regular police or the local amphur or teesabaan.

    I used the rental agreement for the house I stay in, no problem at all to prove the address.

  5. I have got some more news from http://www.rd.go.th/publish/6045.0.html:

    Dividends

    Taxpayer who resides in Thailand and receives dividends or shares of profits from a registered company or a mutual fund which tax has been withheld at source at the rate of 10 per cent, may opt to exclude such dividend from the assessable income when calculating PIT. However, in doing so, taxpayer will be unable to claim any refund or credit as mentioned in 2.4.

    It means that dividends taxed at 10% (or more) can be excluded from the personal income tax.

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