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supremeville

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Posts posted by supremeville

  1. Hi,

     

    Wondering about something. Thailand is more or less a territorial tax system (just have to wait one year before bringing revenue in tax free).

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    So wondering about Paypal.

     

    Say I get paid by a foreign source to a Paypal account (I created this account from Thailand it is linked to my Thai Bank account, Bangkok Bank) .

     

    I checked in the terms of service and this Paypal account is actually managed by Paypal Singapore:

    "This Agreement is a contract between you and PayPal Pte. Ltd., a Singaporean company, and governs your use of all PayPal Services."

     

    So as long as I wait one year before withdrawing from this Paypal account to my Thai bank account, there are no income taxes to be paid right?

     

     

     

     

     

     

     

  2. Hi,

     

    I did get an investment visa for buying a condo at more than 10  million Baht a while ago.

    Visa extended 5 times already, but am thinking about selling my condo. 

     

    So now I'm considering  putting 10 million Baht in a fixed deposit  account to get a new investment visa.

     

    Quote

    3.b. has at least B10 million in a fixed-deposit account at a Thai bank whose share capital is majority Thai owned; or

     

    So Kasikorn, Bangkok Bank, Krungsri, or SCB are fine I guess.

     

    But would any fixed deposit be fit (as long as it holds a 10 million balance)?

     

    Did anyone get a visa with a 10-million baht fixed deposit account?

     

    Thanks for  your help!

     

     

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