Fiskebolle

Hi Fellow AN members, Anyone's got some pointers on which broker (or bank) to use to purchase stock on S&P500? Some banks (KBank etc) also provide this feature, but not sure if there are better /cheaper options to invest (from Thailand) on this particular index? I tend to believe that with local banks here in Thailand, it's easier to get your money out and less hassle with KYC's as opposed to dealing with other foreign trading platforms when being a resident here in Thailand? Cheers, FB

This I believe depends on the DTA with the country where such property is located in (income source country). in the DTA should be a clear distinction between exempt vs. tax input credit. If the DTA prescribes that it can be used as a tax input credit, towards tax in the other jurisdiction (Thailand it is). Thailand will most likely double tax it regardless anyway and then it's UP TO YOU to proof with DTA and other prevailing docs with the Revenue department that the tax which is due needs to be off-set with any tax input credit. Basically, long story short... better not to go down that route ...yet. As it certainly requires additional docs, translations etc and believing that the current tax law is relatively new and the very limited knowledge of DTA's, i believe it will go nowhere, until there's more clarify on the matter. As we go forward would be interested to see/learn from other people's experiences, claiming tax input credit on foreign sourced income... Trying to think a bit pragmatic here and along the lines given the context and situation we are in here dealing with bureaucracy in Thailand...

Thanks Sheryl

Dear AN members, Another one here regarding tax refunds... Filed my tax returns successfully and received a confirmation text message on phone from Revenue Department telling me that tax refund letter (K21 - form) has been sent to my address *(which I will need to use later) for getting my tax refund into my (Krungthai) bank account (Assuming they're not sending out cheques anymore and as a foreigner I can't register for promptpay to receive my tax refund). Basically, this message has been sent to me about 3 weeks ago and still have not received any letter. Does anyone has experience on this and is it normal that it takes that long to receive by post? Cheers, FB

Dear Fellow AN members, I was wondering if anyone has experience or knowledge of expats declaring personal income tax here in Thailand (PND94 - midyear + PND90 year's end) on income derived from rental income from properties abroad? Assuming you are tax-resident (by default of 180 + residing in Thailand) and have 'earned AND send this 'income' into Thailand), during the same tax year when being a tax resident in the Kingdom of Thailand. Seems there's no distinction made regardless of this is rental income derived form property within Thailand as opposed to property located abroad. Rental income under the revenue act 40(5) as defined rental income, requires as well additional filing of mid-year tax return (PND94) in addition to the standard (PND90/91). Anyone's take on this is much appreciated. Cheers, FB

Dear Fellow AN members, Can anyone from personal (non-biased) experience recommend any brokerage for Thai residents, meaning easy to purchase/sell off crypto (BTC, Ethereum etc) in THB and Thai Bank accounts? Any pro's / con's of local brokerage vs. international ones, based abroad? I often read there may be risks involved with international brokers abroad that may lock you out/freeze account if address is in Thailand? What are the pitfalls to be wary off in terms of tax in Thailand and/or there interesting ways of getting money in/out of Thailand? Cheers, FB

Hello AN members, As the headers suggests, any solid recommendations (based on own experience) with crypto brokers (BTC, Ethereum etc) with license in Thailand? What are the pro's/con's of brokerage within Thailand vs. abroad? What about taxes in Thailand and ways of getting crypto/cash out efficiently ? Cheers, FB

Thanks for all your reactions so far. All much appreciated. Cheers!

interesting thread but reactions are unfortunately way to often off-topic. Still can't find a clear /definite answer in regards of docs required to renew...

Mine has... because age under 60

Hi Folks, As the header suggests... Anyone that can share their experience for renewal of Pink ID card and what documents are required? Does a change in visa status potentially effect the renewal of a Pink ID? Cheers, FB

Curious about these developments and how equally this will be applied to path for Thai citizenship... Previously, in Thailand a foreign 'spouse' (women), married to Thai 'spouse' (male), was able to obtain Thai citizenship through marriage and probably some other requirements within a short period of 3-5 years only. Whilst foreign 'spouses' (males), married to Thai 'spouse' (women) were not able to persuade this route. Instead foreign male 'spouses' had to obtain permanent residency and thereafter within 5 years apply for citizenship, which is a very long (read unequal process), compared to a female foreign spouse trying to obtain Thai citizenship through marriage with Thai male 'spouse'...

Dear Sheryl and other long-term residents, From reading above threads, I can see that the SSO will cover room+nursing fees etc up to 700 THB when admitted in Private hospital and that any 'upgrade' to private room etc will need to be paid by yourself. Whereas all other doctor, medication and medical intervention/operation remain fully covered by SSO... Question here is... Would someone be able to claim the additional expenses for a room upgrade from their private health insurance *(if you have one)? Or is this practice not allowed by health insurance companies? More in particular anyone experience with April health insurance on this matter? Merry Xmas! FB

Hi Folks, Been reading various info/mixed feedback on Aseannow regarding the possibility of getting the annual extensions done yourself, AFTER making use of an agent for the intial/First Non-O+Annual extensions? I guess some people may have used agent for opening account/fixing initial visa without meeting financial requirements themselves. But for those that have build up enough financials over the coming year would be able to do the annual extension by themselves, right? Or is this wrong? Some people say they made use of the agent the first 2 extensions and were able to do some from the 3th subsequent annual extension themselves... Cheerios, FB

@Dr. Jack, why would OP need to stick with agent for annual extensions if he can do himself with correct financials build of the year after?

Ok thanks for the advise Dr. Jack *(as usual) 🙂 Yes previous address at same immigration office...

Hi Folks, Got a visit to CW coming up for annual extension of stay (based on retirement) with 800 K THB bank method and came across the following situation. Basically, I've recently moved and forgot to inform the bank of new address. Now on the 12 month bank statement is mentioned now the old address, whereas on the extension application, certificate of residence from embassy and TM30 with subsequent 90 days reporting is the new address already... Does anyone have advise or experience with dealing with IO at CW for this particular situation. Only serious reactions please. BR, FB

Hello Folks, Done recently a TM30 upon returning back into the country from a short trip. I've done the TM30 myself on the website from immigration and was succesfull *(as usual). On the overview page, I can see that the status is highlighted in green color as; "INFORMED". However, to my surprise, the actual TM30 doc *(when downloading in pdf), does no status at all. It's confusing now to say the least. Has anyone else noticed these changes? Looks like the overall format of the pdf has changed, apart most other details are still on there... Cheers, FB

anyone?

Thanks Dr. Jack! 🙂

Dear Aseannow members, Here's another one... I was wondering what the requirements are in case one would like to start application process for permanent residence (PR), EITHER BASED ON; 1. INVESTMENT (would purchase of government bonds or a condo or property leasehold of 30 years qualify and if so how much min required)? 2. RETIREMENT (would 3 extensions of stay based on retirement from non-O qualify? If so, will I still need to show min income or x amount of taxes paid)? Obviously, this all given that you have held at least 3 annual subsequent extension of stay from Non-O. Can anyone also shine it's light if an extension of stay (based on retirement) can qualify. FYI, I'm retired from working in Thailand and am not married to a Thai citizen either. Only serious reactions please. Thanks again and best regards, FB

Dear Aseannow members, I'm contemplating a purchase of condo vs. registered leasehold of 30 years. I'm not requesting any advice or personal opinions on what's a better choice in terms of investment etc. My question is actually related to whether it is possible to obtain and get your name registered in a tabian baan (yellow house registration book) when you leasehold a property for 30 years. My assumption situation with leasehold may be different (potentially more complicated) as compared to a purchase of condo, where your name is on the chanote and listed in tabian baan as housemaster/owner... Only serious reactions please. Thank you! Regards, FB

Hello Folks, A couple days ago, I saw a terrible motorcycle accident happen. Person involved was laying literally 10 meters in front of the doorstep of a private/semi-public hospital. 3 Pickup trucks (Po Teck Tung) arrived at scene to dispatch body/injured to hospitals. To my surprise none of them transferred them to the hospital which was literally 10 meters down from where the accident happened! Yet this kept me wondering... I'm retired from working in Thailand and have my social security as health coverage (which i only use for minor / OPD issues). I still carry a Private health insurance covering accident/IPD (serious stuff), but as I'm aging and cost of private insurance will at some point become too expensive for me, I may as well just be left with Thai social security system alone. Now that made me thinking, what would happen *(hypothetically speaking) if I got a serious accident (or heart attack/stroke) and am not conscious anymore to explain (Po Teck Tung or Ambulance) which insurance I have and which hospital I prefer to be brought to? I can imagine the following situation... Por Teck Tung / Medical staff see me (foreigner) and immediately expect this person to have a private health insurance, hence you'll be sent to the Private / best (read most expensive) hospital in the area. Then after waking up from a coma just to realize / shock you are in a hospital you can not afford and stuck with bills/debt you will never be able to cover. Anyone else here ever though of this? Or am I over thinking this and my anxiety taking over here? Anyway, is there anything that could help the authorities/medical personal to know if I'm covered under SSO by looking at my passport, or best to carry always my Pink ID Card and a note in a my wallet in Thai language explaining which insurance I'm covered with and which hospitals I'd prefer to be brought to in case of emergency? Any other ideas / suggestions on this? Cheers, FB

Thanks all. case closed. Got the answers I was looking for. Cheers

Thanks guys, I believe I've the answers I'm looking for. Cheers, FB