roobaa01

Gday

I would not contact my embassy instead to be on the safe side I would approach the consulate. The consulate is closer and advice or documents can be obtained through it. Less hassle than travel all the way to Bangkok.

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Roobaa01

@johng

You cannot update a fixed term deposit as there is no transaction. The fixed term deposit states clearly the date when it was lodged as well when it matures. When I break the TD it will appear as transaction in the TD passbook .

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Roobaa01

Gday

Jomtien allows for a fixed term deposit savings passbook with 400k

Without update.

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Roobaa01

Gday

Im of the opinion his wife does not need to be present when by power of attorney a lawyer would act as her proxy.

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Roobaa01

Gday

In joimtien they would give u list with

All requirements in English or Thai . I ask for it every year to make sure I don't miss out on anything.

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Roobaa01

Gday

I returned on the 31rst January 2024 and filed my TM 30 on the 1.2.2024.

Question when do I need to do my 90 day report 30.4.24 ?

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Roobaa01

8 hours ago, jojothai said:

People need to know that if they are over 65 they have the 160,000 and an extra 190,000 allowance for over 65. 

People need also to know that another THB 60.000 is granted if I are married to a Thai national. Thereto I think there is also a THB 100000 threshold for pension . Hence in total then 450000 plus the first THB 150000 income are tax exempt . So to my believe the 600 k.

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Roobaa01

1 minute ago, IgboChief said:

 

The money really does not matter.

Extension money needs to be seasoned and you need a "Banking Letter", at Savankhet only an Electronic statement of an current account.

Extension needs Wife and neighbour to be present, at Savanakhet only signed copies of Tabien Ban and ID card.

Extension puts you 6-8 weeks under consideration, at Savanakeht you get everything next day.

Extension gets you 365 days, at Savanakhet you get 365 + 90 days when timing it well and you don't need 90 reports and rubbish when you leave the country often (as I do).

Extension is quiet unfriendly and nerve wrecking, Savanakhet staff was always neutral/fast/nice.

 

So for frequent travelers its the much easier option and I am happy it exists.

It's 4 weeks under consideration not 6 to 8 weeks. No witnesses are requested for renewals, only for the first time. Immigration unfriendly depends how I address them. Frequent traveller multi-reentry does the same. Expenses are higher going to savannahket. It's also time consuming.

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Roobaa01 

Gday

Why all that stress to go to savannaket when having 400 k in the bank ? Marriage extension and multiple reentry permit summing up to the same.

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Roobaa01

Gday

Under current circumstances I would deposit the THB 800 k in a foreign currency fixed deposit account in USD to earn higher interest. Foreign currency accounts  are permissible as long as they are kept at a Thai bank.

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Roobaa01

Gday

A friend overstayed 12 days on his visa exemption. Expenses arising from that THB 12x500=6000 plus THB 3900 for 30 days extension.

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Roobaa 01

Gday

Having watched today several tube videos about the new Thai tax lax none advised about tax rebates in Thailand the same applies to the thread over here. Hence who can advise on Thai tax rebate here with

Figures? 

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Roobaa01

Gday

Why would I do a non-o multiple entry at savannakhet when having 400 k in a Thai bank acc. does not make sense to me. 12 months extension of stay plus multiple re-entry is cheaper and more efficient.

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Roobaa01

Gday

Jomtien bank Letter validity 1 day if u go in the afternoon. The bank passbook update the same day .

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Roobaa01

Gday

When I did my marriage extension jomtien immigration requested to fill in a Thai form by my wife's sister who owns the place we live in. Along with that Thai form the sister's Thai id and her tabian naan.

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Roobaa01

Good afternoon

Why not using the compo method of money in the bank and income.

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Roobaa01

G' day

If I calculate a fiktiv Pension income Overseas of thb 490000 annually from Europe I would

receive the first then thb 150000 tax free, then tax rebate thb 100000 as pension receiver , another  tax rebate THB 120000 for being 65 + , then tax rebate thb 120000 for being married so it comes down to zero right. Hence why would I need to file a tax return?

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Roobaa01

Gday

I have been consulting a tax expert in Pattaya

who advised not to act in any respect this year for tax

matters have not been clearly laid out. Thereto no implementation rules exist thus far. Hence I will not apply for any Thai tax I'd no. The main reason I'm not applying I'm still registered with my residency in Germany thus I'm still requested to pay tax in Germany even if staying 14 months in Thailand.

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Roobaa01

Gday

So if I'm to pay tax in Thailand then I should receive also the benefits as not to pay 15 % source tax on interest income or being allowed to participate in the 30 bath health care scheme ? 

One question being married to a Thai national what is the tax credit?

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Roobaa02

Gday

On the THB 400000 income  u pay 10 % but I have thresholds or deductibles. U married even reduces your income even further. Like some people wrote already U can take undeclared USD 20000 into the country that's no nearly thb 740000 enough for one year living w/o paying tax on it. Then have money remitted THB 250000 also not taxed. So where is the problem keep the USD 20 k at home sent your missy to the money changer.

Gday 

Yes the clean criminal record check also apply to existing extension holder. Thailand should seek treaty cooperation to obtain info as given that most foreign criminal bike members where from Australia 

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Roobaa01

Gday 

There is not much thoughts given to the combination method for example if the required amount is moved up to THB 1.2 million. In such a case I take my pension 12 X 1400 euros= euro 16800 x38 THB =638000 plus bank deposit THB 562000 then I'm done.

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Roobaa01

Gday 

It is to be considered that a law must not be passed by parliament for changes can be implemented by regulations only.

I don't think agents will disappear for higher interests are involved than that of a single police deputy chief. 

Also people here consider only money issues when talking about deposits. I think 

even higher amounts than the 1.6 mill THB 

Might be implemented. In this respect real estate property could be in the future considered 

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Roobaa01

Gday 

I think we will see an increment to the 1.6 million to be deposited all year long . Thus resulting in fee increment from the 15 k to 25 k for newbies. Whereas prior applicants will be grandfathered. I think one reason is to make up for COVID losses. Then I think new amendments can be implemented through regulatory process meaning don't need to involve the Thai parliament.

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Roobaa01