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Mike Lister

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Everything posted by Mike Lister

  1. I have provided a quote from a legal source stating what the current law is on this subject and also the variables involved. If posters cannot post links to sources that challenge the legal view or provide weight to their own point of view, eg banks, law firms or government, this thread appears to have reached a natural conclusion. I'll leave it open for a while longer, in case anyone has further supportive evidence they wish to provide, as long as the exchanges remain civil and constructive, failing those things it will be closed.
  2. The Thai tax calendar for 2024 is linked below: https://kpmg.com/th/en/home/insights/2024/01/2024-thailand-tax-calendar-english.html
  3. It appears not, those people that have both Pink ID cards and TIN's tell us the numbers are different plus I can find nothing to suggest that the one is a substitute for the other.
  4. All well and good. But foreigners are allowed to inherit land that is willed to them by a spouse, albeit they must dispose of it within one year.
  5. The problem is clearly in the Government Hospital sector but it remains very unclear who is to blame. Resident Expats, tourists or foreign nationals from neighboring countries are all candidates. Despite one post stating that local expats were mostly to blame for unpaid bills at one particular hospital, there is insufficient evidence or data to suggest that is the cause nationwide. I recall the news article about the government hospital in Phuket years ago which very firmly cited the more than 150,000 construction, services and fisheries workers from Myanmar and Cambodia as the main case. Logically, most western tourists and western expats are more likely to have health insurance hence a 300 millions baht bill from those sectors alone, seems improbable. We need more and better data to conclude, this I think.
  6. A baiting post has been removed, posters should consider if they really wish to continue in the same mode.
  7. Poster @Liquorice, in which part of the country is the hospital that you work in, please?
  8. The statement in bold above is incorrect and has been removed from the post, in order to prevent confusion amongst new comers to the thread: "According to the Civil and Commercial Code of Thailand - the law that governs succession and estate administration - when a person passes away with or without a will and his/her heirs or an interested person wish to transfer, inherit or administer the estate of the decedent, that person must file a petition with the court requesting to be an estate administrator". However: "It should be noted that the process of appointing an estate administrator is not required if there is no impediment to acquiring the estate of the decedent. For example, if a bank allows an heir to withdraw a small amount of money deposited in the decedent's bank account (usually THB 50,000 or less), it is likely that a court order appointing an estate administrator will not be needed. However, if an heir or a beneficiary wishes to inherit a piece of land that belonged to the decedent, a court order will definitely be required when transferring the ownership of the land". Rarely in Thailand is there ever one hard and fast rule that applies to everyone, everywhere. I believe that what this thread has established is that there is a requirement in law for all wills, involving non-trivial amounts, to go through Probate but that sometimes that may be not always be necessary, depending on the relationship of the beneficiary to the deceased, the sums involved, the bank in question and the location. Where the sums involved are not large, the need for a court order may not be necessary. Where the beneficiary is the spouse, the location is more rural and the parties are well known to bank staff, the likelihood of an expedited process is greater, but is not guaranteed. It should also be made clear that this type of policy varies from bank to bank, UOB (Thai) for example requires a court order in the event of death of any account holder. https://www.siam-legal.com/legal_services/probate-and-estate-administration.php#:~:text=As Thailand does not have,time of his%2Fher death.
  9. Richard, forum rules require you to post a link to factual statements such as yours! Do you have a link, please?
  10. Do you have a source for those stats, please?
  11. Oh come on Jim......I can't go there, we're a commercial site and we have a responsibility to our sponsors. I have to recommend the legal approach but what individuals do is up to them.
  12. I think it's important for the entire membership that everyone understand the facts of this matter, which is why I'm going to ask @Sheryl , time permitting, to pass comment.
  13. Please show respect to fellow posters, thanks.
  14. You are not alone in this respect!
  15. I am researching it, I'm asking the readership if they know the answer and lo and behold, one member has confirmed it thank you. Do I need to research it further?
  16. Do you know that for fact?
  17. Thai health insurance is operated under very different rules to those you are used to in the West, they are managed under Thai rules, not Internationally accepted rules. Thai policies can be cancelled without cause and premiums can be increased based on the extent to which the individual claimed against the policy, by up to 25% per year. In addition, it is not uncommon for new exclusions to be added to individual policies, once the insured has made a claim that involved a certain aspect of health. These differences have been well documented over the years on this forum, moderator Sheryl is more familiar with all the details and differences.
  18. Yes, fair enough, I'd overlooked that. But the question still stands, if as a foreigner you have a Pink ID Card, do you also need to go and register for a TIN at the Revenue Offices or will the Pink Card suffice?
  19. You can get a TIN without having a yellow tabien bahn or anything else, all you need in the North is a Residence Certificate and in Bangkok even that is not required. My question though is, if you have a Pink Card and no other Thai style ID, does that number serve as your Thai TIN?
  20. Can you share with us what part of the country you're in please, it may help the context?
  21. As far as I can see, the Pink ID card number also serves as a Tax Identification number for foreigners but I can't find a definitive statement to confirm this, does anyone know for certain? The Thai PIN is 13 digits, the TIN is 10 but the first three numbers of a PIN relate solely to Thai's and naturalized citizens.
  22. It will most likely be a new account.
  23. Morningstar Thailand is a reasonable starting place. https://www.morningstarthailand.com/th/screener/fund.aspx#?filtersSelectedValue={}&page=1&sortField=legalName&sortOrder=asc
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