J Branche

Always check and verify recipients name. That little bit of time will save you hours of time and added expense to recover the money. Thank You for the detailed story. I am sure it will help all of us better understand the process if this happens to someone. The lady in Receipt of the money Clearly committed a crime. The family was notified, the Police report created, the date and time of the withdrawal and the Receiver had no relationship, refused communications, and knows the money was Not hers. Not a Gift

You live in Thailand. Thai culture and customs. They don't accept foreign credit card, No problem, pay with Cash, Bank App. No a big deal for Thai People, This is what living in Harmony and Thailand is about

Also Reference Thailand Revenue Department Order No. P.162/2023 issued 21 November 2023 “The provisions of paragraph one Section 41 shall not apply to assessable income arising before the date 1 January 2024.” NOT TAX ADVICE, I interpret this as keep Clear, Documentation of Source (Pension, Social Security, Wages, Investment), Proof that this was assessable before 1 Janurary 2024 and the Balance showing the amount assessable Before and After 1 Jan 2024 so there will be little confusion. No unjustified taxes. Also reference YouTube Channel Expat Tax Thailand I believe he answers a lot of the common questions Additional Be Aware that the Same Deductions and Exemptions are allowed and applied to Foreign Sourced Income Remitted to Thailand unless otherwise specified. Single Person 60,000 baht deduction, actual policy cost not more than 25,000 Baht for Health/Medical Insurance Policy from THAI Business. I have Pacific Cross or (Pacific Cross Health Insurance PCL) office Bangkok since they are licensed, registered and have office in Thailand they should qualify. Wages receive a deduction, Check on percentage. After all these the first 150,000 baht Remitted is 0 Zero tax. So effectively the first 210,000 Baht is remitted 0 Zero Tax.

So you live in Thailand and STILL do Not understand Thai Culture. Living in Harmony ranks very highly in Thai Society. I'm sorry for your struggles with payment but this is THAILAND. Things are different, the systems are different, the processes are different, the fees are different, the taxes are different. We all here could tell stories of our struggles with transitioning and understanding Thai Customs and Culture. You chose to let it make you angry or laugh in amusement. Thank You for contributing so others understand to ALWAYS have a backup payment method available.

Eddie, Why Did You Post. This is a forum to contribute, help and share information. Please reference Thai Revenue Department Order No. P.162/2023 issued 21 November 2023 “The provisions of paragraph one Section 41 shall not apply to assessable income arising before the date 1 January 2024.” My Interpretation Any Foreign Assessable income that you can document and prove was Assessable and Earned prior to 1 January 2024. Pay 0 Zero Tax when Remitted to Thailand.

So the Title should be I do Not want to disclose my foreign earned income situation and No one from Thai Revenue Department has Personally visited me and explained how the Thai Tax policy will impact you? There is some good information surfacing recently. Youtube search Q&A Thailand Personal Income Tax on Foreign Sourced Income From Expat Tax Thailand I believe provided a lot of useful information

My advice as a Real Estate Investor and Landlord is Do Not Buy 1st. Rent a similar unit in the building. Any thing you like or dislike about this Condo will become clear only when living in building. The transfer tax is paid each time condo sells so unless you have plenty of money and okay with possibility of renting out condo, Rent First. Additionally if you are going to be in Thailand long time, Do not be in a rush to Rent or Buy. Low Season may offer more availability.

Was this money you earned before or after Jan 1, 2024. Can you prove this money was foreign sourced and earned prior to Jan 1, 2024? https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf Reference PDF Page 2 and Chart PDF Page 3. Or Google thailand revenue department foreign-sourced income tax 2nd listing down The way Interpret this clear statement is foreign sourced income earned Prior to Jan 1, 2024 is 0 No tax.

The possible difficulties or challenges I foresee is. Taxis lost revenue and their ability to influence Decision Makers. The timelines and completion finish dates are very ambitious. The cost, where will money come from and is there the ability to add another 30% or more to that price when the contractor complains. The train bids will change. The tourists may decide to go elsewhere because of traffic congestion and time wasted going somewhere so tourist dollars funding project could decline.

You do understand basic Thai culture and Buddhist beliefs? Thai's place living in Harmony with their environment Highly. A friend told a story about having to wait for his Wife to be away for a day so he could hire an exterminator for Roaches and Ants. If do something to a Soi Dog and local Thai's are around there could be an argument. With the trash, shelter with tarped wrapped chairs and water sounds like prime environment for something to live

For US the wage earned for same job when converted may be 2.5 to 3 times what a Thai earns. When Tourist are on Vacation they generally are more open to paying more for the same thing they would be more price aware with in day to day lives. In tourist areas some taxis operate around everywhere, some want to work by the job price or fare. My advice for taxis are use Bolt/Grab to determine a price for trip. If not metered Taxi use your calculator to confirm agreed upon amount so their is less chance of conflict or misunderstanding. Yes, as in Phuket some are opportunist and want what the market will pay. For attractions it is best to be prepared with your Long Term Visa, Thai License. If with Thai person have them buy ticket why you stand away to avoid the challenge Foreigner is Not defined by these places. I know some water parks, aquariums, and other attractions accepted my Passport Retirement Visa, Thai Drivers license to accept the Local Price. Lastly remember the benefits of living in Thailand, Cost of Living, and it is Not others problems if you can't afford something due to lack of research, planning, earning, and saving for your Retirement

A friend mentioned that Charles Schwab offered great rates and when he checked the total to exchange money was less than the current Wise Transfers Fees. He is American so anyone else would need to check if this is available.

My limited knowledge with some Thai people I know is they are not paid a living wage. I am trying to understand if they list their expenses how much they are underpaid. These are people living the life of someone you consider poor in the United States. As we know Math is challenging for some Thais and most people never write and track a budget to understand their income and expenses. Additionally in Thailand the cultural believe of going to temple or performing a task could bring you good luck. Lastly some Thais do Not know that resources are available on the internet and seldom look for answers on internet

There is the ability to transfer to Wise (exchange rate is up) then transfer in when needed, this may help offset the added fee. What drop down option would you select if you want to gift money to girlfriend or Thai person? Has anyone verified money transferred directly to another Thai persons bank account is the Thai persons Tax responsibility?

My limited experience is Thai girl will order and expect a foreign boyfriend/husband to pay. If you do Not want to pay go to the server tell them who is on your bill. Explain to girlfriend that they are not your friends (Foreign boyfriend, friends) If girlfriend wants to pay from her money (allowance) okay. Limited experience but they will not ask if they are on your bill, You or girlfriend invite or mention others joining it is Required for the foreigner to inform Thais who is paying for what. Different customs here. Was in Ecuador and if you invited someone to restaurant or bar it was common for you to pay. Do Not be insulted, Most or all have been educated on this custom by paying the bill.

Overview. I am a landlord and Real Estate investor of 12 years. If you are new to Thailand, do Not participate in Real Estate as a job/investor, You Need to spend the time to List what you must have and can afford Quiet area, location to your interests, transportation for your lifestyle, Parking available for your vehicle, Size requirements (how many people living with you) Area/View? Public Parks/Beachs/Spaces, Working or Retired, Health (Require regular doctor, hospital visits). Are people with similar lifestyle mostly occupying area/home, Is home near restaurants and bars that play music that intrudes inside home? Talk to Juristic Management about Rules, Fines, how rules are enforced. Plan, research and rent in building or area first. This allows you to decide if you like it if area is good fit for long term living and network to find a place you want to possibly buy. I would check with landlord if there are some things you do Not like if they can be changed. Buying (I believe it is difficult for a foreigner to get a bank loan). You lose the Return on Investment from other investments(stocks, etfs, bonds, etc.) Know you better understand the work and complexities with deciding to make a Wise decision on whether to Rent or Buy in Thailand.

Pattaya Mail had this article recently. I'm still learning so not sure of accuracy or if region specific. 10 Reasons why your online 90 day reporting fails. https://www.pattayamail.com/latestnews/news/10-reasons-why-your-online-90-days-reporting-fails-459815

Product of an environment that has allowed and therefore deemed this behavior acceptable. The US is pretty screwed up. One minute they talk about inclusion than the first chances they get they are probing for ways to categorize and separate you from the masses. The US does not want to life in peace and harmony. Additionally there is the need to feel superior and important. They elevate their social status by any means possible to feel accepted and superior. Usually deflecting to hide many inadequacies.

I'm not the sharpest pencil in the drawer but I would hope they look at incoming passenger volumes and times expected and schedule staffing appropriately. Then get a lead IT guy down and the PM and IT guy discuss if there are cost effective ways to speed up the process. Maybe discuss implementing a trusted traveler program like Global Entry used in the US. I understand the PM's concerns to get this figured out before the airport expansion is complete and projected increase of passengers overwhelms the systems even more.

If you have a US Bank just download the app and deposit through the app into your bank. Wait till it clears then send money via Wise or other preferred service.

https://www.rd.go.th/21.html scroll down to 21 November 2023 Questions-Answers about paying personal income tax according to Section 41 Paragraph 2 of the Revenue Code. You can use Google Translate. This is from the Thai Revenue Department. Additionally the US Thai Tax Treaty will assist with understanding potential tax implications. If you are classified as a Tax Resident according to the Thai Revenue department staying in Thailand for 180 days or more in a calendar year or by Article 4 Residence of the US Thai Tax Treaty found on the US IRS website. Please get your information from reliable credible sources so you may understand your potential tax consequences.

Dude could have medical condition but that's why they have prescription drugs. Anyways hope he gets the help he needs. Someone mentioned blacklist. Airlines have a list and government has a list but two different lists. You want panic attack fly into Quito Ecuador at night between two mountain ranges with almost no light with some ground fog to land in.

Thai culture teaches giving to someone or feeding dogs, squirrels will bring you good luck or bring good karma. A form of making merit. How is this person being a foreigner have anything to do with Thai culture and traditions.

There was only 30 free seats and event is fully booked according to website. This event is for British tax payers. They will most likely Not speak about taxes or tax treaties for other countries. Hopefully the Thai Revenue Department will finalize and publish the taxes and how they will apply to different countries tax paying citizens soon. Really hard to plan or make the best decisions if you are not informed of the consequences.

NanLaew. Thank You for this detailed response. It should help many in the future. I will be flying out soon so this makes it a lot less stressful understanding the process and where to go.