Everything posted by CartagenaWarlock
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Important video clarifications on the new taxes for foreign residents in the Swiss embassy
Because the guy in the video says so. And for the US, I've verified that SS is excluded. I have read comments saying that nothing like that was mentioned in the DTT with the UK.
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US transit visa Thai national
Yes, one needs a transit visa to transit through the US if the person is holding a passport from a visa-required country. For example, a Singapore citizen does not need a transit visa to transit through the US because Singapore is a visa-exempt country for the US; however, Thailand is not a visa-exempt country for the US.
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Important video clarifications on the new taxes for foreign residents in the Swiss embassy
Yes, the US maintains taxation rights for all its citizens for world-wide incomes. However, the US also exempts you from paying taxes on your income if you have already paid or accrued it in another country. While doing your taxes, you can get credits by attaching Form 1116 to your 1040. Now, if you don't pay any taxes in the US on some income, e.g., ROTH withdrawal, you don't get any credit. This whole thing about taxing money brought to Thailand is really ridiculous. No country does that. I am not sure how they are going to implement it for foreigners.
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Important video clarifications on the new taxes for foreign residents in the Swiss embassy
I don't see the confusion. If it is mentioned not to be taxed by Thailand, it won't be taxed. What needs to flow through it? Does Australian old age pensions are barred from taxation in Thailand by the tax treaty like US social security or Swiss pension? if so, it won't be taxed. If not, you pay the tax.
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Important video clarifications on the new taxes for foreign residents in the Swiss embassy
It'll be interesting to see how the agents do it. When they implemented the minimum holding period of 800K and 400K for the entire year, all the experts predicted the agent fee would explode, and the same was true when there was health insurance for an OA visa. So, please don't post your proven wrong expert predictions of how the agent fees will explode.
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Power Bank Explosion Causes Panic on AirAsia Flight
All power banks are made in China, including famous American brands like Belkin.
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Important video clarifications on the new taxes for foreign residents in the Swiss embassy
Nothing new, really. If the pension is specifically mentioned, in the double-taxation strategy, it is not taxed. All other income brought to Thailand will be taxed. LTR visa holders are never taxed. All others will be treated equally. US SS won't be taxed because it is specifically mentioned in the Double Taxation Treaty. If not mentioned, you pay tax. Plain and simple.
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Non-Immigrant Visa Type O-X
Unless one gets an LTR visa, all these other types of visas are second to agent assisted extensions. Keep your money where it earns at least 15% and give a small portion to the unfortunate people who can't earn in foreign currencies. My friend earned 160K last year by investing his money in VOO and gave only 12.5K to agents for one year extensions.
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Help needed about the TM30 form when extending Tourist Visa in Thailand
I never bothered to register TM30 except for the one I got when I signed a 10-year lease. I left Thailand multiple times and came back, but I don't visit immigration offices. I wanted to get a residence certificate and was told that my TM30 is not up-to-date. I gave 500 baht, got a new TM30 registered in my passport, and also got the residence certificate. Life is much better when you are not panicking and posting in this forum, instead of spending money and using your brain cells to resolve your issues.
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Should we all be lying flat these days?
Similar to Quiet Quitting in the USA: Quiet quitting is when employees continue to put in the minimum amount of effort to keep their jobs, but don't go the extra mile for their employer. This might mean not speaking up in meetings, not volunteering for tasks, and refusing to work overtime. It might also result in greater absenteeism.
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TM 30 question
But the landlord does not need anything done at immigration. It is your headache to realize that you have travelled 10,000 miles to live in a foreign land because you cannot live a decent life in your home country.
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American woman’s life-changing adventure in Thailand
Better than vlogging about 5000 baht for a room and 50 baht for a meal that most people do on Youtube as if they have discovered the greatest thing since sliced bread.
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American woman’s life-changing adventure in Thailand
Every day, hundreds of people come without 20K cash, or any visa. No wonder some people in this forum have to flee their homeland because they could not live a decent life there and then sought to live like refugees, possibly using a 'wify' visa.
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Traveling with a Lot of Cash
There is no declaration for credit cards. I was travelling with 100+ credit cards with a credit limit exceeding one million USD in my carry-on. I was stopped at US security. They checked all the credit cards to verify they belonged to me. Questioned me why I have so many credit cards. I replied that it is not illegal, and there is no declaration for credit cards. They agreed. I said it was my hobby to collect credit cards. Eventually, they let me go.
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Baht falls to three-month low as US inflation delays expected rate cut
I like the rate where it is now. My coming two year's expenses are in cash invested in a one- to three-month US Treasury bond to avoid state sales taxes. The rest of the money in my Roth IRA and IRA is in VOO and other ETFs, which is giving me plenty of returns. The market wants cheap money for gains instead of the companies' profits and management.
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WISE Transfers from USA
For small amounts, if you use "sending money home to family," it arrives in seconds. I have been using my US credit cards and sending small amounts (10,000 baht at a time) using "sending money home to family," and it comes in seconds.
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advise needed. visarun. got rejected on airport
So, digital nomads are now relying 100% on bitcoin? I wonder why. Why not bank in euros or USD? Bitcoin is the relic of the past. Come back to the mainstream.
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Thai Government Delays Proposed Recreational Cannabis Ban to Seek More Input
I got a hint from a big grower and retailer that something like this was going to happen. They cannot ban recreational use. They can only legislate and make it more restrictive, not outright ban it to push them underground.
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Begging for money online to support his bar.
I never understood the obsession with owning a bar. You can get 10%+ in the S&P 500. Of course, running a brothel fronting as a bar where sex workers parade before prospective grooms may be more fun.
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British Tourist Robbed in Bangkok Condo: Items Worth Over 200,000 Baht Missing
I don't know what a person can talk with a lady picked up from bar for hours
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1-year extension visa from a 90-day 0 non-immigrant visa insurance questions especially USA
Any extension you want to do inside Thailand with immigration, they will accept only money in a Thai bank. Anything you do outside Thailand in an embassy, they will accept US bank or home country bank accounts.
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1-year extension visa from a 90-day 0 non-immigrant visa insurance questions especially USA
He said it's a Non-O with 90-day permission to stay. O-As are one year for each entry.
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Expat Tax Twists in Thailand: Navigating the New Landscape in 2024
A decent life that you could not get at home. If you could, you could return to your native land.
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1-year extension visa from a 90-day 0 non-immigrant visa insurance questions especially USA
The OP is saying he has an O visa (not an O-A visa). Please post your comments, keeping in mind that the original visa is a non-O. Now I don't understand why they will ask for health insurance to extend it. Non-O extension should not ask for health insurance.
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Expat Tax Twists in Thailand: Navigating the New Landscape in 2024
How to prove it? Everybody will say I am bringing the prior year's savings.