kaufmanski

So all of it will have to be Up in Smoke by Jan 1st?

I am surprised that you were able to present a fixed deposit as evidence. I was always under the impression that funds had to be in a normal account.

If my Thai wife (who owns my house) dies before I do, do I automatically inherit the property under Thai law? I am a USA citizen. We have a son together. But I would hope I have power over the land until he reaches legal age.

I concur. And I think it will be a standard fee of 5,000 baht to issue a semi fraudulent document that you will need to submit to renew your visa. And once a year all the local tax firms will get fined. But the revenue will be worth it.

This doesn't make sense. If you have an ATM card (with known networks) of any kind you should be able to use an ATM machine. Ask the bank manager to explain.

Do you mean over 120,000 foreign earned income as per USA? I file income exclusion in USA. Are you a tax guy? Send me an <personal email removed per forum rules, please use PM system>

The more I ponder different scenarios under DTA, for example sending money to your wife or girlfriend, or withdrawing foreign funds by ATM, etc etc. This will be impossible to monitor. I am guessing, that we will have to go to a registered accountant and claim some minimum amount of earnings. And then pay a set tax of a few thousand

USA has a DTA with Thailand. So does that mean if I file in USA, I am exempt from paying taxes in Thailand from foreign earned income? I work in countries other than Thailand and USA. But I am an American citizen.

If you bring in 800,000 for your retirement visa or let's say to purchase (gifting the funds to your wife) a home are these taxable income? That's to say any money you bring to Thailand is taxable income??

Sounds like she didn't want to spread the wealth