
GeorgeCross
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Economy Trump Dishes Out 36% Tariffs in Shock Move Against Thailand
GeorgeCross replied to webfact's topic in Thailand News
and not playing his game means you 100% lose. access to another countries market is not a right its a privilege. as non-thai manufacturers are well aware- 189 replies
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Economy Trump Dishes Out 36% Tariffs in Shock Move Against Thailand
GeorgeCross replied to webfact's topic in Thailand News
depends if non-us manufacturers wish to keep their market share or end up on the shelves of america's "villa market" equivalents -
UK Britain is poised to lose a record 16,500 millionaires in 2025
GeorgeCross replied to Social Media's topic in World News
this is the base report the OP is written from: https://www.henleyglobal.com/newsroom/press-releases/henley-private-wealth-migration-report-2025 -
well those who said it will curb investments in this country.. i can confirm, at least in my case, even the uncertainty will. after a long talk with my wife we've just shelved 2 property projects worth 15M baht until things are (much) clearer. i know its small beans to some but if we're doing this others are certainly considering it. now looking at european property instead.
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google "thai gift tax" loads of resources but its basically up to 20M per year to spouse children or parents - of which i have the full set here.. nice! wife mentioned unlikely to change for 3 reasons: 1 dowry 2 buy property for spouse (money gift) 3 for thais to send money home to parents while working abroad now the only question here is: will they only tax income remitted or demand the full amount payable (to extend visa etc) will wait for those answers. in the meantime our property projects are on hold. as is her new car!
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yeah but thats the dumbest thing ever, 3 months in london and 3 more in dubai and you can recieve a tax free lump sum from your freshly incorporated wealth management company. it should also be noted that the wealthy generally keep their wealth offshore to protect against rogue governments and capital controls, not to avoid tax. tax is easy to avoid, their companies hold and pay for everything. any tax paid is just a virtue signal or a cost to do business in a high corporate tax jurisdiction.