BenStark

And here it gets complicated. Since 01/01/2024 I'm entitled to a pension, which goes in the same account, because as I said, banks are not interested any more in opening bank accounts when you don't live there. So if I transfer money, is that the money I earned since 01/01/2024, or the money I earned decades ago?

Wrong Well unless you manage to live on less than 800K a year, then you have to bring it in EVERY year

And how you prove that? My money was in an account which I held for probably 35 years. Last year that bank send me a letter that they closed all account for customers that permanently live abroad. I'm not the only one, and neither is my bank the only one that has this policy. So I had to open a new account online (not an easy task) and move all my money to that new account

Well, I wasn't born yesterday, in fact I was born 65 years ago, and had a working life in my home country, and must have paid tax on my earnings. I officially moved here 14 years ago (registered at the embassy at that time) so I had no duty anymore to file tax returns since, as I didn't live or work anymore in my home country or in Thailand.

The money in my accounts in my home country is there for decades already, so obviously I have paid tax on it when I still lived there and earned it. So according to you I have to pay tax again if I want to use the money I earned more than 14 years ago?

I may be wrong, but my impression of a double tax agreement (or however they call it) between 2 countries has always been that you can not be taxed in 2 countries, but that the highest tax regime applies. So if you earn money in a country A, then you will be taxed on those earnings in that country, but as soon as you import the money into country B where you are a resident for tax purposes, and the tax scale on that amount of earnings is higher in country B than in the country you have paid already, then you will still have to pay the difference

We aren't talking about withholding taxes here.

Yep, and on 25 December Santa Claus flies through the sky on his sleigh.😄

Where in the world do you pay tax on your income in the year you earn it? Tax returns for 2024 are everywhere filed in 2025 By March 2024 you can't even be in the country this year for 180 days yet

Taxes will be paid next year March

But as I said, I have no history of filing tax returns for the past 14 years, but the money is in accounts, and has moved from one account to another in those years. So if I transfer money who's gonna provide me with such a document? I feel this whole thing may turn in to a can full of worms

What it means is that if the tax scale on the amount is lower in your country than the one in Thailand, you will have to pay the difference. And I still wonder how you gonna prove that you paid any tax. Me for example haven't filed a tax return in my home country for the past 14 years, because I'm registered here, and had no official income in my country

Or maybe it was from the start aimed at Joe foreigner, as we all know how the real rich Thais got so rich, and will continue to do so

Below is what my Embassy sent me today. If you live in Thailand for more than 180 days a year, you will be considered a Thai tax resident. In that case you must indicate all foreign income that you bring in to Thailand. If the taxes that have already been paid in Belgium are not sufficient according to Thai tax legislation, you may have to pay an extra tax in Thailand.

You don't have to be a financial expert, or at least don't pretend to be one, to know that every national bank in the world will support their currency by either buying or selling foreign currency, if they deem the exchange rate goes beyond a point they have set as appropriate.

4 strong Thai men, who will turn around the table you stand on while you hold the bulb

Not sure what that has to do with my observation, but no problem, you are the financial expert. Not?

Hint : Don't ask me, it is long time ago and i have forgotten about already

Since a similar report from Kasikorn last week, BOT is obviously supporting the baht, because since that day the baht has significantly strengthened against the US$, while the US$ hasn't had a significant weakening on the world market in the same period

So you condone murder and getting away with it?

Maybe try to inform yourself better or lay of those blinkers. https://www.repairerdrivennews.com/2022/12/06/bmw-toyota-developing-hydrogen-powered-vehicles/

You not sure? I'm sure you read these articles previously, as I have posted them to you before https://jalopnik.com/nio-s-35-000-losses-on-every-car-sold-are-bankrolled-b-1850903388 The Chinese Government Is Subsidizing Nio’s $35,000 Loss On Every Car Sold https://www.autoblog.com/2023/10/08/chinas-ev-sector-is-hemorrhaging-cash-and-it-doesnt-matter/ China's EV sector is hemorrhaging cash — but government subsidies keep the lights on One company loses $35,000 per car

Chinese EV manufacturing price is ALSO higher than their retail price. They only can sell at those prices because they get massively subsidized by the Chinese government

Even though he's dead? Ever tried reading the topic before spouting drivel?

Just an update. Filed today my 90 day report online, and 31 minutes later received the approval email. Have applied for new passport on Thursday 25 January, and will update on that as well as soon as I receive it, so we can put the scaremongering threats always posted in this forum to bed