
OJAS
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Thailand to tax residents’ foreign income irrespective of remittance
OJAS replied to snoop1130's topic in Thailand News
Far from dual pricing being scrapped, much more likely that we would be clobbered for tax at special foreigner rates which were at least double those paid by the locals, I would have thought! -
Resident in Thailand but paying UK tax on UK assets
OJAS replied to RandolphGB's topic in UK & Europe Topics and Events
Your first port of call in determining whether or not you have any tax liability in Thailand should be the Double Taxation Agreement (DTA) between the UK and Thailand: https://assets.publishing.service.gov.uk/media/5a80bddc40f0b623026953eb/uk-thailand-dtc180281_-_in_force.pdf Your UK rental income is (IMHO at any rate) covered by Article 7 of the DTA, meaning that it does not need to be included as assessable remitted income in any tax return you file with the Thai Revenue Department. As regards your pension income, it depends on its nature as to whether or not it needs to be included as assessable remitted income in any tax return you file with the Thai Revenue Department. Civil Service, military and other public sector occupational pensions are covered by Article 19(2)(a) of the DTA, meaning that they do not need to be included. On the other hand company occupational pensions and the State Pension are not covered by the DTA, meaning that they do. Incidentally, I am at a complete loss to understand how come you are paying £4,500 per annum by way of income tax against annual income apparently totalling £4,000 (unless, of course, you have other income sources which you have chosen not to disclose)! I would have thought it highly unlikely that you will need to update your existing TIN, but it would IMHO be prudent for you to check this point with your current Revenue Office. -
Marriage extension to Retirement extension
OJAS replied to 1948wjm's topic in Thai Visas, Residency, and Work Permits
Simply by writing the word "Retirement" in place of "Marriage to Thai national" (or similar) as the reasons for your extension of stay application on the TM7 form. As already said, though, your wife will need to accompany you to the immigration office for your first retirement extension application. Another point you'll need to bear in mind is that your initial retirement extension will be dated 12 months from when you apply for it rather than from when your current permission to stay based on your previous marriage extension expires. -
And the lowest-rated Trust Pilot reviews referred to by @LOUIS65 can, of course, be equally fake and paid for by Wise's competitors with the sole and avowed aim of showing them up in the worst possible light, do you not agree? Oh, and by the way, my latest scheduled monthly Wise transfer duly showed up in my Bangkok Bank account yesterday at 14:01. I'm not sufficiently motivated as to get my knickers in a twist by lodging a complaint to Wise about this "outrageous" 1-minute delay!
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The impression I'm getting from this thread is that it's mainly (if not wholly) about USA-specific issues/problems with Wise.
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Thai Consulate Savannakhet Policy Change
OJAS replied to Tod Daniels's topic in Thai Visas, Residency, and Work Permits
I wonder how many people are going to show up at the Consulate on Tuesday, completely oblivious to these new requirements and finding themselves gleefully turned away by Consulate staff with beaming smiles on their faces as a result? -
A further assumption which I presume that you are also making here is that the capital gains in question were all earned post-1/1/24? I am taking the view that the taxed capital gain on the UK property I sold in 2021 (and which I'm still transferring in dribs and drabs to Thailand) constitutes non-assessable income on the grounds that it was earned before 1/1/24.
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The ubiquity of mobile payments in Thailand
OJAS replied to JTXR's topic in Jobs, Economy, Banking, Business, Investments
Yep, bring back salt blocks! 🤑 https://www.bbc.co.uk/ahistoryoftheworld/objects/vDn91YroQr-CC4OpxxEtDw -
Might depend on whether you're pulling money from a home country bank account or a Wise account, though. Following a transfer from my UK bank account to my Wise account last Tuesday (which took longer than usual to finalise thanks to a public/bank holiday in the UK on Monday), I then initiated an onward Wise transfer based on the "funds for long term stay in Thailand" reason just after 9:30. I was initially informed that the GBP would be taken from my Wise account at 10:00. In the event the money was taken a few minutes earlier, and the converted THB landed up in my Bangkok Bank account just over 4 hours later at 14:00. So, in stark contrast to others on this particular thread, I have absolutely no complaints about Wise based on recent experience. Also worth mentioning that the amount I was transferring on this particular occasion was 4 times greater than the amount of my normal Wise transfers!
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Holiday expenses in Outer London Area
OJAS replied to Maybole's topic in UK & Europe Topics and Events
In these circumstances it strikes me that the only significant expense with which she might be faced would be with a trip to a theme park (if that is her sort of thing). Please see the following link for info (including pricing details, although you might need to add extra to cover refreshments, transport costs, etc) relating to theme parks in the London area: https://www.visitlondon.com/things-to-do/sightseeing/london-attraction/theme-park -
The reduction in the mandatory minimum health insurance coverage from 3M to 440k will only apply to long-stay visa applicants between September and December, according to the thread at https://aseannow.com/topic/1328402-big-thailand-visa-changes-from-june-1/ What I personally find extremely worrying is that, if we are, indeed, talking about a merger of the non-O and non-OA visas in the case of retirement, the Immigration Bureau might use this as an excuse for extending the health insurance requirement (which will presumably increase back to 3M from 1/1/25) to annual extensions of stay for retirement based on original non-O (as well as non-OA) visas. Not good news for those who have ditched their original non-OA visas so as to avoid the insurance requirement by exiting Thailand, re-entering visa-exempt and then obtaining 90-day non-O conversions at their local offices. And definitely not good news for those who, for whatever reason (age or health issues), are unable to obtain minimum health insurance coverage of 3M.
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Quick One: Residency Certificate
OJAS replied to BusNo8's topic in Thai Visas, Residency, and Work Permits
Plus the risk in obtaining definitive info from the horse's mouth (i.e. your local immigration office) IMHO is that what you are told might depend on (1) the particular officer you speak to, and (2) more importantly, which side of the bed they got out of that morning!😔 -
Quick One: Residency Certificate
OJAS replied to BusNo8's topic in Thai Visas, Residency, and Work Permits
So presumably you are not American, Australian or British? It would appear from what you have said that individuals of those 3 nationalities living within the catchment area of Nonthaburi Immigration can, in practice, kiss goodbye to any chance of being able to drive legitimately on the highways and byeways of LOS. -
Quick One: Residency Certificate
OJAS replied to BusNo8's topic in Thai Visas, Residency, and Work Permits
They are also a prerequisite to obtaining Tax Identification Numbers from our local revenue offices in the light of the taxation changes currently being discussed at length elsewhere on here! Maybe these are what has motivated the OP's request? -
Rishi Sunak Calls Early UK General Election for 4 July
OJAS replied to Social Media's topic in World News
A bit surprising that there has been no specific mention in this thread thusfar of the musical "accompaniment" to ol' Rishi's rain-sodden announcement, as explained in the following Sky News item: https://news.sky.com/story/general-election-why-was-things-can-only-get-better-playing-during-rishi-sunaks-statement-13141643 and is this track: -
The ubiquity of mobile payments in Thailand
OJAS replied to JTXR's topic in Jobs, Economy, Banking, Business, Investments
And before you even get to the dicking around with PIN numbers, etc, stage, there is, of course, the "little" matter of getting the bloody app to fire up on your mobile in the first place - which tended to be a slow and time-consuming process for me during my brief dabble with this particular "whizzo" method of making payments before I eventually ditched Bangkok Bank's mobile app out of sheer frustration and reverted to the, for me, tried and tested method of making payments through their online banking service or good old-fashioned cash. I personally dread the day when the Kim Jong Un's at the top of the banking sector finally succeed in their autocratic aim of ramming scanned QR codes as the sole method of making payments down all our throats whether we like them or not - and live in hope that I will have passed on long before that particular day is upon us! 🤬 -
So are you actually talking about (1) a real-life experience with your local immigration office following a stay at the Nana Hotel, or (2) a purely hypothetical scenario? If (1) it would IMHO be extremely helpful if you could specifically identify the office in question so as to enable us then, if we wished, to add it to our "rogue office" lists (assuming, of course, that it is not already thereon).
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If to inform the local immigration office there that you had recently returned from a trip abroad, you would almost certainly have found that you were wasting your time. They have never asked me (or, more to the point, my wife as housekeeper) for a new TM30 whenever I have needed to do business with them following a foreign trip.
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Retirement extension Chaeng Wattana 16th May 2024
OJAS replied to norbra's topic in Thai Visas, Residency, and Work Permits
So CW still insist on this ridiculous and (in the case of retirement extension applications) particularly pointless requirement, do they? By my book this puts them on a par with the likes of Jomtien and Chiang Mai as serious contenders for annual "Rogue Immigration Office Of The Year" awards!