Everyman

So your friend brings in at least 200,000 baht per month, using some reverse math. So that’s nearly a million baht every 6 months that he won’t be bringing into the kingdom. All due to the hysteria and run away speculation. Thailand needs to clear the air on this, who knows how much money they’ve already lost.

After one year with no activity and a balance less than 2,000 baht a monthly fee will be assessed each month until there is a negative balance at which time the account will be closed. This in addition to the yearly debit card fee.

I smoked weed on and off from 18 to about 40. I quit because I stopped enjoying it. In hindsight, I made some dumb decisions in my life when I was on it, that made things harder than they needed to be. I’m glad to be on zero substances at the moment, no cigarettes, no caffeine, no weed no alcohol.

Probably zero. This thread is exhibit A for why even if the worst rumors and speculation about new enforcement of the old tax laws are true, then the sensible thing to do is keep money offshore and/or don’t come to Thailand more than 180 days per year. Both cost the Thai economy more money than any revenue they might collect, and it’s a net negative. But personally, I’m looking forward to the conversation in April about despite *NOTHING* having happened, but about how it will in June or January or the next BS milestone.

I am legally disabled with documentation from my home country showing this. However, my disability is “invisible.” Do they require the disability be obvious?

Any updates on this? I am in Bangkok and eager to open an account at SCB. I have a DTV. I was rejected by them a few months ago and don’t want to bother if they are going to turn me away anyway.

Oh…I have an invisible disability. I guess that’s “better” except people don’t believe me.

If even the revenue office doesn’t know about any “new rules,” then surely there is nothing that needs to be done with them?

Many years ago I was an English teacher in Bangkok with a NON-B visa and work permit. I recall that I was paying taxes as well. However, aside from my cancelled work permit from long ago I don’t have any documents. How do I find out what my number is? Do I bring my old work permit to any revenue office? Does it have to be the office for the area where I worked?

I find this situation an effective counter argument to claims that “Thais will never turn down a baht,” in the context of the tax situation. DTV holders have had to show at least half a million baht in a foreign account. You would think the banks would want those funds. I suspect someone may chime in that half a million baht is “chump change” or something. I’m not interested in such bragging.

Have any U.S. citizens received this email who opened their accounts (somewhat) recently and already filled out the usual FACTA forms? The US is not a signatory to CRS, but they do have their own crap so hopefully for US citizens this is limited to older accounts that don’t have FACTA on file.

I The more money a foreigner has, the easier it is for them to leave Thailand to avoid any tax liabilities. In that light the kingdom would lose more money than they gain and “walking away from a baht” would be to try to enforce any of the harebrained proposals. The only ones they “have by the b*lls” are pensioners who who can’t afford to leave and they aren’t going to pay anything under any of the scenarios.

Health insurance is not required for the DTV.

Wow, you replied to a six year old topic. Nice necropost.

Why bother with all that? I transferred to my Maya account and they didn’t ask me a million questions. And i pulled PHP out of the ATM with my Maya card.