K2938

Good stuff from Reddit...

Good stuff from reddit...

It was a plan announced by the previous director of the TRD as far as I remember. So in substance pretty much the same level of authority as now the plan to go back to the tax-free remittance scheme

Given the political trouble, it certainly looks less likely to happen now I would say. But all these announcements have a limited credibility anyway. A year or so ago, there was equally an announcement that full taxation of global income was planned and nothing happened. So my base assumption would be that things stay as they are.

Thank you so much for your tremendously insightful and helpful answer. Just as a follow-on may I ask where the TRC stated that credit cards are ok "as long as you're not making an obvious habit of it with large purchases" or something similar? Thank you!

Is their now already any clarity on if credit card payments with a foreign credit card for purchases in Thailand are remittances? And if yes, then I guess a flight back to Thailand is not a remittance since it is not for something in Thailand? Thank you.

Is this still a strongly recommended place? Just wondering as its reviews on Google are kind of mixed. Thank you!

Anybody having experience with Bumrungrad Dental Center? Bumrungrad is usually an excellent place, but the dental center on Google has largely disastrous ratings. How about Samitivej Dental Center on Sukhumvit? And what are other good places? Do not care so much about prices, but want a high quality check-up and cleaning and honest advice, i.e. where I am not told I need to do all kinds of things not really necessary just because they lead to revenue for the clinic. Thank you.

Thank you, but just to make sure: This is an educated guess of what might be sensible from you, but not based on any statement of "the authorities"?

I would like to ask some questions regarding the latest policy application on the LTR visa. Apologies for the rather technical nature of some of them: 1) For the wealthy pensioner visa what is the latest appetite of the BOI for realised income from capital gains? So you e.g. hold a fund which you bought for 100 000 USD and then sold for 300 000 USD. Is the 200 000 capital gain admissable income or not? Some time ago, they did not like this very much. 2) What is their appetite for unrealised income from capital gains, i.e. e.g. increase in value of a broker account from x to y over a year without actually having sold and thereby realised this? So you e.g. hold a fund which is worth 100 000 USD at 01.01.2024, but 300 000 USD at 01.01.2025. Is the 200 000 USD difference admissable income or not? 3) What is their appetite for undistributed dividend income, i.e. for example a holding of various companies paying dividend with the dividends being immediately reinvested instead of distributed (so-called accumulating vs. distributing investment funds [which are uncommon in the U.S. due to certain tax advantages there])? So you e.g. hold a fund which receives 100 000 USD in dividend, but immediately uses this 100 000 USD for buying additional shares. Is this admissable income or not? In many jurisdictions, you would pay income tax on this in spite of not actually physically having received the dividend, but the fact remains that this is not a dividend you actually received in cash. 4) For how many years does the BOI now require income proof for wealthy pensioners, one year or two? It used to say one year, but then they really wanted two at least for some time. 5) What happens if the applicant cannot provide income tax statements since his or her circumstances were such that no income tax declaration was due (e.g. due to previous non-taxation of various foreign remittances, tax residence in a tax-free place etc.)? 6) From when does the tax benefit of non-taxation of foreign remittances start for people already previously in Thailand on a different visa? The benefit is given for the entire calendar year in which the LTR visa was obtained, pro-rata to the time of the LTR visa or how in case anybody knows? Thank you.

Some Thai banks are now starting to for FOREIGN or THAI tax ID? Or regardless?

But rather easy to get in the stock market. SP500 has about 10% p.a.

Disgusting. And will make the trains even more crowded, so I will not only pay relatively more, but also get even less quality.

You send all this by regular airmail in both directions and it actually arrives? For me things usually get lost. Any pro advice?

You are not far off. The truck is Russian and the weapons as well.

Wish you weren’t here? Why people of all ages want to leave the UK Quitting the UK might save you a small fortune in tax, but could still cost you in other ways June 7 2025 https://www.ft.com/content/c30f2603-d92c-48c1-be71-53fd340ed836 (subscription required) https://archive.ph/SlVsi (without subscription)

Two articles published on the same topic means the probability is rising😊

That is true (if you have no other income and apply for), but I do not think that this was the question of the OP.

You do. At best the Thai tax rate will be zero, they will not refund you anything.

Today new Bkk Post article on taxation with lots of details https://www.bangkokpost.com/business/general/3041421/new-approach-to-overseas-income-aims-to-spur-inflows

Today new Bkk Post article on taxation with lots of details https://www.bangkokpost.com/business/general/3041421/new-approach-to-overseas-income-aims-to-spur-inflows

Too many people falling from balconies in Pattaya. do not think all those are suicides

Just risky to do business with your ex #3. What happens if your future partner does not get along with her or her future partner does not get along with you or whatever other iterations there are imaginable. It is always an already fraught relationship

Bangkok is still much more pleasant than for example Jakarta

Then of course. Because you will be kind of unique without any real competition. So if somebody wants farang, the choice is only between you and nobody.😊