monkfish

The government still needs him to stay in power so he thinks he can do as he pleases.

21 hours ago, TheAppletons said:

  I think your statement (bolded by me) is not factually correct.  

 

  "Also, personal income taxes are not required for retirees in Thailand.  Note that you can't work in Thailand while on a retirement visa."

 

https://www.liveandinvestoverseas.com/country-hub/thailand/taxes-in-thailand/

 

https://thaiembassy.com/faq/do-retirees-pay-income-tax

Funny Thaiembassy.com isn't actually a Thai embassy or even any official site as might seem

The law says

1.Taxable Person

Taxpayers are classified into “resident” and “non-resident”. “Resident” means any person residing in Thailand for a period or periods aggregating more than 180 days in any tax (calendar) year. A resident of Thailand is liable to pay tax on income from sources in Thailand as well as on the portion of income from foreign sources that is brought into Thailand. A non-resident is, however, subject to tax only on income from sources in Thailand.

https://www.rd.go.th/english/6045.html

56 minutes ago, TheAppletons said:

  Quite probably correct because retired expats are not required to pay income tax in Thailand.

 

By law if you live more than 6 months a year in Thailand then you are required to pay tax on any income brought into Thailand but at the moment the law as with many isn't being enforced. The same goes for digital Nomads they can't pay Tax because there's no system in place for them to do so. I only mention it because another Member is accusing people of avoiding to pay income tax.

On 11/18/2022 at 5:06 AM, LivinLOS said:

I am still waiting for the non illegal use case of paypal that cannot be easily replaced. 

99% of the paypal complainers are really just illegal eCommerce workers avoiding taxes and registration. Is it surprising the Thai government want to stop that ? 

You talk about avoiding paying Taxes do you think retired Expats should be paying their income Tax in Thailand?
Because I think probably 100% don't.

On 11/18/2022 at 1:57 PM, LivinLOS said:

the ones I have talked to and debated with online.. 

Still waiting for a fully legal thing that cannot be easily replicated by other services.. You have any ?? No one else seems to have come up with one. 

The primary thing that paypal offered exclusively was eCommerce services for small time operators.. Which are rarely legal (and if they were could obtain a business paypal). 

I can imagine there are probably more foreigners working online aka Digital Nomads i.e. programmers, web designers and graphic designers using Paypal services than those doing ecommerce. If they close the doors on them to receive payment they will probably just leave Thailand for more Digital Namad friendlier countries. Thailand will just loose income they bring into the country and spend here. In any case ecommerce will now require a Business account in Thailand even for Thai's so there's no point to prevent foreigners having a personal Paypal account.

2 hours ago, harada said:

What a gem, when you play both sides of the fence one day it may come back and bite you. 

Exactly sitting on the fence makes Thailand look weak and without opinions, playing all sides for benifit.

He's supposed to be Wooing China into letting tourists return but Xi not having any of it.
First time I ever felt sorry for Prayut! Really NOOOOOO!
 

5 hours ago, LivinLOS said:

I am still waiting for the non illegal use case of paypal that cannot be easily replaced. 

99% of the paypal complainers are really just illegal eCommerce workers avoiding taxes and registration. Is it surprising the Thai government want to stop that ? 

What are you talking about 99% where did you get that number?
Do you have some source or just like judging others?
Next time look in the mirror and judge yourself.

28 minutes ago, LivinLOS said:

Any company that pays by bank.. Can pay wise.. 

Any company that takes visa / mastercard.. Or any company that accepts bank transfers... Can be paid by wise.. Wise debit also can be added to google Pay so any company that takes GPay phone payments also.. 

So bank transfers and debit cards and cashless/Phone.. you dont know any companies that accept those ?? 

 

It's not really a good idea to pay for online goods by Bank Transfer as you get Zero buyer protection and Wise doesn't issue Debit Cards to users in Thailand and most companies don't accept BT. Anyway why even use Wise you can just use a Thai Credit Card or Bank to transfer but I think you miss the point as to why Paypal is just more convenient but never mind. P.s a lot of criminals are using Wise to launder cash so I expect Thailand will crack down on that soon.

1 hour ago, LivinLOS said:

er yes.. You can pay for anything that takes a debit card or bank transfer.. You can set up subscriptions to pay automatically.. It also gives you virtual bank account numbers in many currencies to be paid by others etc etc Theres statements in each currency or grouped together.. 

Really.. Perhaps try these services before saying they dont do what they clearly do, to prevent appearing foolish.. 

 

I don't know any company which accept payment through Wise could please you educate me as to which online companies do accept payment through wise so I don't look like a fool again thank you?

2 hours ago, LivinLOS said:

Many thais are perfectly legal as freelancers and solopreneurs.. Non Thais are not (they need company and work permit). Cant you see the difference ?? 

So far no one has named any non illegal reason for paypal not better done and or easily replaced by wise or other transfer services. Can you ?? 

I use Paypal to pay for just about everything online where passable as it's much easier and safer, quicker ( for refunds) than using a Credit Card also many monthly Internet services which are deducted from my Paypal account automatically each month. Can Wise do that? What can I pay for with Wise? Didn't think so. Also with Paypal you have a clear breakdown on what you have spent and what for. Try making sense of a Thai Banks Credit Card invoice if you can. I don't know anything can I?  Like I said in my previous post Paypal should allow foreigners to keep there accounts with only the ability at least to Pay. 

18 minutes ago, LivinLOS said:

Google pay is a totally different problem.. 

Google is just spending.. Paypal is caught up in the tax collection and unregistered illegal businesses problem..

The farangs complaining about the loss of paypal are (almost all) really complaining thier unregistered business cannot keep operating illegally and avoiding Thai taxes and laws. Theres nothing that paypal does for consumer transactions that isnt dont better by wise, only the cart, subscription, web shop integrations (which are all available to an incorporated Thai entity) that Paypal is is what they miss. 

No same same thing really. Don't have to close Farang account they could just restrict it to making payments and personal transfers.
Many Thai's also have unregistered businesses and don't pay Tax.
 

17 hours ago, JaiMaai said:

And will it be available to dirty foreigners without a Thai ID card?

No they don't I just signed up and it works! No Thai ID required they use Credit Card for verification wow smart idea Eh pity Payal never thought of that. Oh wait I thought they already did? I think Paypal Thailand is probably just being run by less clever people than google.

Well I just signed up for the newly available Google Wallet service in Thailand and they didn't require NDID verification they used my Credit Card to confirm ID as Paypal also currently does.

https://aseannow.com/topic/1277989-google-pay-and-wallet-launch-in-thailand

On 10/26/2022 at 8:44 PM, Liverpool Lou said:

What makes you so sure that PP has a choice?   Pose the question to PP reps and they'll tell you that it's the government that's making the regulations and PP has to abide by them. 

Well lets see if Google Pay will require NDID verification shall we?
And I can now confirm Google Pay & Google Wallet do not need NDID verification because I just signed up and it's already working. They use Credit Card for verification interestingly the same as Paypal used to. 

Interesting will they also need NDID verification as Paypal does?
If so could look bad for Paypal I smell a U-Turn in the works.

As the Virus is seasonal in that there are more cases in Winter than Summer can we assume the Virus prefers Colder climates than hooter ones?

He might only have a Thai Passport but he still looks like a Farang haha!

Last time I order a Pizza from his company that's for sure.

On 11/8/2022 at 3:09 PM, Aforek said:

End of November soon, I use  Paypal just to pay goods on line, I have no money with them : I guess I am concerned, too 

 

Is it better to close my account  and is there an alternative, just to buy things without giving my visa card number ? 

thanks 

No I wouldn't close your account just make sure there's no money in it they may find a solution yet.
I have a feeling Paypal Thailand will be making some more U-Turns soon after all this is the Land Of U-Turns.

17 minutes ago, Liverpool Lou said:

As required by the government according to all reports and explanations provide by PPT reps.   Where are you getting your information that the information provided by PPT is wrong?

It just can't be possible the Thai Government would force a Fintech company to use the services of a private company for account verification. Now if that's what PPT is telling you then I am not surprised they've botched this up. In fact it's been a mess since the beginning of the year when they 1st said only registered companies could have accounts.

2 minutes ago, Caldera said:

"Regulatory changes" is just PayPal's excuse. They've simply been inept at working out a feasible procedure with the regulator.

 

TrueMoney and DeeMoney, on the other hand, also had to revise their KYC process due to those very changes. They did that in a way that still allows foreigners to use their services (!) - you just need to supply additional documents to satisfy the new requirements.

 

It's shameful that a well-established global player such as PayPal failed to find competent staff in Thailand that is able to cut through those minor bureaucratic challenges. What else will they screw up post transition?

Exactly Paypal Thailand would have you believe they have no choice but to close down foreigners accounts but there are other options to verify accounts as with TrueMoney and DeeMoney but they just can't be bothereed,

5 minutes ago, Liverpool Lou said:

"Because the Law would never require or force a Financial company to use a private company in this case National Digital Co., Ltd for account verification..."

Really?  How come it did, then?

It didn't! Paypal is just using the services of the private company National Digital Co., Ltd for account verification.