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Sophon
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Why a sidecar, wouldn't one of these be more practical? Readily available everywhere in Thailand, and probably a lot cheaper too.
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Interest withholding tax
Sophon replied to peterfranks's topic in Jobs, Economy, Banking, Business, Investments
They changed the rules so there is no longer a 20k Baht exemption, the banks have to withhold tax on any interest amount. However, you can avoid the withholding of tax on savings accounts (not on fixed deposits) if you show your tax id number to the bank and ask them to register it on the account. -
If for buying a condo, you cannot transfer the funds in THB. The transfer has to arrive in Thailand in foreign currency, in your case GBP.
