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OlderIGetTheGreaterIWas

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Posts posted by OlderIGetTheGreaterIWas

  1. Thanks for the replies gents.

     

    The boys at Deacons HK have put me in touch with the contacts in BKK and Singapore. Waiting to hear back from both offices later today. 

     

    To OXX seems you HEARING one thing is not the same as having access to service providers who are proper problem solvers. Sorry you are having issues in Singapore. Oh and btw please have a quick look at this KPMG document current this year. It clearly supports my thesis. It appears you are wrong about these relevant details;

     

    https://home.kpmg/xx/en/home/insights/2011/12/canada-income-tax.html

     

    You may want to read my original post again. 

     

    Trusts, Hold Co and Op Co all work well across Asia Pacific for various tasks including bank accounts and brokerage accounts.

     

     

     

    All the best.

     

     

  2. First post. Good day to all. Scenario for the Legends:

     

    - create a residence on an O-visa in Bangkok. (important for my home country to demonstrate residence to remove        myself from domestic taxation).

    - open a trading account/bank account with DBS in Singapore.

    - settle an amount of funds from (sale of real estate in Asia currently owned by a hold co.) into Singapore account.

    - only bring into the Kingdom funding to be spent and/or demonstrate to immigration (800,000thb or $2500/mos)

     

    Since Singapore does not tax capital gains, is it accurate to assume that Thailand, also, does not tax worldwide income/wealth earned outside of Thailand? I will not be operating a business while in Thailand. Just making the odd rebalance every quarter.

     

    Important to be a resident somewhere in order to not be taxed in my home country.

     

    I will  certainly contact service providers for current advice re: wealth tax management in both jurisdictions. Just thought I might break the ice on the forum and go for a swim!

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