khunPer

In my view you should not change visa, but just change the reason for extension of stay from "work/business" to "retirement". It's relative easy with retirement-extension if you can afford the 800k baht in a Thai bank account, and you don't need to leave the Kingdom and re-enter to extend you stay. The benefit with the new visa is that you don't need funds locked in a Thai bank account. The con is that you cannot stay more than 180+180 days without leaving the country. Re. DL: One shall have a Thai DL when staying longer than 3 month and (of course) driving; so, no change there.

However, the article didn't state where the fund originated from, it said: "with violence before being forced to transfer a staggering amount of 250,000 USD in cryptocurrency."

The article just stated: "with violence before being forced to transfer a staggering amount of 250,000 USD in cryptocurrency2, not from where the funds originated.

The article just says: "with violence before being forced to transfer a staggering amount of 250,000 USD in cryptocurrency", not where the funds come from.

Both Na Muang Waterfall 1 and Na Muang Waterfall 2 are dangerous to climb in rainy season – warnings are serious – it has happened before that foreigners climbing the waterfall in the wrong season falls fatally...😢

Thanks, it makes it even more suspicious. Then someone – i.e., the criminals – would have knowledge about the victim having a crypto account.

US$250,000 is a lot to have as cash in a bank account, and a high limit for online transfers...

To my knowledge it's now equivalent to $50,000 (around 1.7 million baht) you need to give a statement in the bank. It might actually be a benefit to do it and keep the receipt from Bank of Thailand, as you will be eligfible to later transferring same amount out of Thailand. I've for example done it with fund for my house construction. You might also need a declaration when transferring out of your UK home country (I don't know the UK limit, but other European countries have limits). Otherwise you can do two or more transfers separated by some weeks, as you suggest yourself. Check the cost and exchange rate with your own bank and compare with Wise. Normally it's advised to transfer into to Thailand in foreign funds and let the receiving Thai bank do the currency exchange, but your own bank's rate might give you an idea when comparing to Wise. Be aware of the 2024 income tax rules, if you stay in Thailand more than 180 days in the calendar year. You need to be able to prove that the 2 million baht is savings from before 1st January 2024, as they otherwise will be income taxed in Thailand.

And I was convinced that khun Thaksin is not involved in politics...

Sugar is normally considered worse...

However, Thailand is not Israel...

Being that experienced you should not need a lawyer. Your wife can probably check the paper work and do the due diligence on the land office – like checking name on title deed and any servitudes registered on the back, hereunder mortgage – before paying deposit. Pay the balance when name is changed on the title deed; best is to agree it in the sales-contract, how payment is settled, for example as cash or cashier's cheque.

Also monks should not drink and drive, preferably monks should be sober at all time.

So sad. There should be some severe penalty for that kind of driver – even something like Bangkok Hilton could jump to my mind.

Yes, but in some European countries income taxation begins with with more than 35% – my Scandinavian home country begins with almost 38% – which is why I mentioned the 5% starting level, as it makes good sense to some. Marginal income tax in Europe can be over 50%, 53% in my home country; so, in that view Thailand will still be a kind of "tax haven"...😊

well so far all we know is that we need to get a Thai tax number if we have assessable income remitted or earned if we are tax residents here and need to file before the end of March 2025. Supposedly new tax forms would be issued by the revenue department this month or next month.Other than that we know nothing else. But if your country has a DTA with Thailand you should be familiar with the contents based on your financial situation. Nothing is very definite here except changes...maybe even a new govt soon. Yes, but that was not what I replied to. My reply was about foreign income not transferred into Thailand being taxed with Thai income tax.

However, depending of you country and Double Taxation Agreement for foreign dividends; for my home country's DTA with Thailand dividend tax cannot be more than 10%. For Thai SET dividends are 10% withheld as tax, you can chose the dividend to become income tax, or settled as the 10% already withheld tax...

That was an old suggestion, not something that for sure happens. So far, it only income brought into Thailand after 1st January 2024 that shall be taxed; however, details about the procedure is to m y knowledge still missing.

Indeed I'm still both cool and handsome...😎😀 I think you misunderstood the "unemployment"-situation. Being "unemployed" means that one has enough funds not to work and values time spending money, which seems like unlimited. The latter is like a super-magnet for gorgeous Thai-chicks... Being shirtless or proper dressed like a real billionaire – which mean relaxed, but appropriate clothes – doesn't matter in Land of Smiles. It's the pile of 1000-baht-notes filling your breast pocket – or whereever you keep them visible enought for the chicks if you are shirtless – that matters...😉 Try for yourself, it actually works quite well in real life...👍

You can go to the local amphor-district office with mother and daughter (must be 7 years or older) to get the the documentation for being the father; in that case no DNA is needed. I'm not married to my girlfriend and mother of our daughter. I did the document that way and it was accepted both by Thai- and my home country. The certificate is named: Khor.Ror.11. Easy peasy procedure. Ask at the amphor office exactly what documentation and photo copies they need, it might vary a little bit from office to office. But in general you always need birth certifica, mother's ID-card and foreign father's passport.

The 35% income tax level applies for income over 5 million baht within a tax year. Income tax begins at 5% and jump in 5% steps; so, much less than in many Western countries, except tax-havens.

Some people deserves to calm down for a period at a place like Bangkok Hilton or similar class resort...

All-year-summer and barefoot-Xmas was first priority for me about 20 years ago. I haven't regret it for a moment... Secondarily was a young enough partner to give me an heir, which also happened, now I was here; havn't regret that either...😉

If the Thai government seriously wish to improve tourism, they better do something about taxi-mafia and overpriced rides without meter...

I (also) had no problem using the yellow house book as proof of address and my DL has my Thai ID-number. However, as so often, there might be differences in procedure in other provinces.