Jingthing

No! Not your investments. Money in the bank only.

OK. Money AFTER that date can be complicated even very complicated if any of that money is classified as tax accessible by Thailand if transferred in. Many lucky people only have non accessible sources and those people once they determine that can really forget all about this (except to keep documents if audited) unless there is a major change later like global taxation. So I think it's worth it to learn the details because for many it really will be very good news. Not bothering to explore this and just worrying in ignorance would then be just silly.

Money in the bank regardless. But that does NOT apply to money in the bank AFTER that date. Going forward starting Jan 1 2024 you need to know the actual source and be able to prove it. That does get complicated. Well you need to know if you're audited. Or you can just hope you're never audited. The way I'm dealing with this is that i plan to transfer in the exact amount that was in my transferring account December 31, 2023. That seems like the cleanest way to start fresh.

Money in the bank that you can document was in the bank December 31, 2023 can be transferred into Thailand ANY TIME going forward regardless of source. I don't understand why that part of it is that complicated.

I've been back and forth on this taxation brouhaha but I finally decided it's worth it (at least for myself) to dig into the actual details of the situation. Then I can make more informed decisions about whether and when to take any actions. and even do the best I can to do some actual tax planning. I am very annoyed that now on top of US tax planning (remember the US IRS never lets us go) I have to combine that with Thailand tax planning and things do get complicated. So I did my research, I will do more, and I'll probably eventually meet with a Thai tax lawyer (some offer free consultations). So far knowing more has helped me. I will have zero chance of any issues for this tax year, not needing a TIN, not needing to file, and not needing to pay tax. For next tax year depending on my actions, I still probably will be in the same boat. But the year after that, based on what I know now about my own specific income sources that I plan to transfer in, then I'll probably need to be in the system. The beauty of my delayed strategy, is that by the time I may need to be in the system, we'll all know much more about how this is being enforced (or not enforced).

Less time to worry about running out of money?

Bottom line is the government of Thailand wants them here as long as their trashed currency still has any value. What we as foreigners think is irrelevant. Why so many Russians? The usual reasons to escape harsh winters to the tropic and not so long a flight especially from Siberia and the Russian far east. Since Putin's war of choice, yes a lot more draft dodgers, and whether they're just cowardly or are actually against the war is between them and their dog. It's really none of our business. Keep in mind there are very few countries that are desirable to travel to now that Russians can actually easily enter. Thailand has decided to be one of those countries and I respect their decision and if I didn't, it wouldn't matter anyway. I didn't move to Thailand for it to be exactly like my home country.

Putin started it.

I love Russian draft dodgers. Think of them as an employment program for North Koreans.

Fascists of a feather flock together.

The Radleys. The premise is great. A family of vampires who have abstained but then everything unravels. The reveal to the children that they are vampires reminds me of the Russian spy family in the wonderful series The Americans. The Radleys has many funny and enterertainimg moments but overall felt kind of flat. More meh than wow. But don't miss The Americans.

Heck NO!

Well it's another sign that the US political process isn't working.

Nobody including me should be endorsing assassinating people but hostility towards the US health insurance Industry is well understandable and very widespread. Personally issues with that Industry drove me towards expatriation so I'm not sure if I should blame them or thank them.

Yes, and?

What about immigration law with Thailand marriage equality?

A case of an art film about first loves but in a queer context that should be something all humans can be able to relate it. (If not, they should check their pulse.) Northern Europeans seem to be especially good at this kind of theme. Though very well reviewed, the coming out reactions part of the film has been criticized for being extremely idealized and it really is, but that rather fantastical aspect doesn't really take away from the overall emotional impact.

Subjective truth. That's hilarious!

I've been there. The dogs were indeed very menacing.

Stop lying. The vast majority did NOT vote for Trump.

How are those egg prices going?

Video touches on the connection to Trump.

Neither.

Yes of course. I have already well covered that you need to be a Thailand tax resident in the year of import for there to be a tax lssue with transfers.

I'll never forgive Silver Fox Cooper for throwing Kathy Griffin under the bus.