jmd8800

Thanks for the replies!!

A friend is coming to visit soon, and I want to be clear about what to expect and pass the information on. They are a US citizen. They have never been to Thailand but have traveled a lot in Europe and the passport shows this. No overstays. They are flying in to Chiang Mai on a one way ticket. Future plans are not final yet. As the title says, expecting a 60 day visa exemption. Is this the correct term? In buying an onward ticket does the exit date need to be within the 60 days of the visa exemption, or can it be within the 90 days including an extension? Does the IO stamp the exit date according to the date of the onward ticket or give the full 60 days? What amount of money is required to show Immigration if asked? Must it be in cash on the person or can bank accounts on your phone suffice? Any other gotchas that I should pass on? Thanks in advance.

I'm glad I paid 2000 baht for not standing in line year. However, last year I paid 5900 and was in and out in 10 minutes. This year was 30 minutes. On top of that, it was nice to support a husband and wife Thai business.

and the rest need hand holding

A few years ago when Capital One started requiring a 2FA via text I got a Line 2 account. That worked for about 2 years, and then Capital One stopped allowing that number. I did my banking by phone until I got to the USA and got a cell phone number from one of the cheaper companies. I asked the sales people if this number would work with banking 2FA and they said yes and of course it didn't. So I got a mainstream number and just pay the monthly fee. I spend a bit of time in the USA so its not all wasted money and I have a stable phone number. I have 2 phones. One USA and one TH Fast-forward. On one trip to the USA I downloaded the Capital One cell phone app and installed it. Now I can choose to send a text to the cell number or use that app as 2FA. Maybe other banks have that as an option.

Yes.... Maybe .... No. It all depends on the company/bank sending the 2FA. If the bank cares to know then they can see exactly where that 2FA code was received. If the code goes to USA and you use it in Thailand they know ....if they want to know and many don't. But as always everything is ok until its not.

Always.... such is life

Well this doesn't work. I didn't embed the link right. Yes In another post I said Capitalism and corruption will their way around any obstacle placed in their way

Do you have proof of this?

I use an agent and I have the financial stuff to comply in order. I get my bank statement every year like many do. Then I pay an agent a small sum of money (2000 baht) to process the paperwork and I go to Immigration to get a picture taken, sign the papers and get the stamps in my passport like everyone else does. Don't throw shade on all agents, there are agents who serve a good purpose.

As an old boss of mine would say: don't worry about the mule.... just load the wagon.

And just where is your little corner of paradise?

Can I ask who wrote this? There doesn't seem to be a source listed, unless I'm missing something.

OECD.... Big Joke .... Myanmar call center scams .....the writing is on the wall for mule accounts. I wouldn't worry, though, capitalism and corruption have one thing in common: both can find a way around any obstacles in their way. The people on the take will find new ways to do it. Your friendly neighborhood visa agent that arranges for your 'deposits' will find a way to do this without bank accounts.

Thanks

If you mentioned it before, I missed it, but what RD did you visit?

Thanks for the detailed info. Logging in from Thailand is important to me.

Thanks.

To follow up on this, my accountant in the USA told me that any tax that I end up paying to Thailand is deductible from the taxes I pay in the USA. So for some paying here and deducting from your home country might just be a wash. YMMV

Sounds to me like you are giving advice.

Are you transferring money from the USA to Thailand directly? I cannot do this with US Bank. Maybe it is because I'm not a premium account holder or something. Also, are you able to do this online from Thailand? I have an established Bangkok Bank account that I could transfer money into from the USA before the IAT format change.

Actually, I am looking for a Thai owned accounting service that I can pay to file my taxes.

Tomorrow might be a better day.

This calculation works only if your remittance in less than or equal to the amount deposited into the Thai bank. Some people will have remitted more than what is deposited into their bank accounts, and they will need to know what amount needs to be reported to TRD as exempt.

You still have to determine what amount is non-assessable.