doily19

Just a funny observation in the use of the acronym 'BoT', for Bank of Thailand. I thought 'Bot' was short for 'Robot'. Or may be there is a connection? 😜

The tax area is certainly a little blurred. When capital gains is discussed in DTAs there doesn't appear to be a differentiation between investment RE versus the sale of one's own home. My Thai wife are looking to move to Thailand and navigating the tax aspects is a challenge. I need to sell my house here to buy a house, and other things such as a vehicle, new furniture etc. I can not afford to do this if I'm to pay a large tax on the money I get for my house in Australia (Australian tax laws do not require home owners to pay capital gains on the sale of their own homes). I will become a resident of Thailand for tax purposes as I plan to reside permanently in Thailand on a Marriage Visa. Understand, I'm not the typically rich westerner that most Thais envisage.