PeCeDe Posted January 13, 2018 Share Posted January 13, 2018 As usual this has probably been asked before but I can't find an answer, if there is a discussion on this where do I find it? Can I buy and sell on bx.in without affecting my retirement visa, I'll be using my btc bought in from overseas. Secondly what are the Thai tax implications if I make a profit. Link to comment Share on other sites More sharing options...
beammeup Posted January 13, 2018 Share Posted January 13, 2018 You probably cant find an answer because I doubt anyone knows yet. You are not allowed to use BTC on bx bought in anything other than baht so you would be breaking the rules and leaving yourself open to trouble if they are looking. Link to comment Share on other sites More sharing options...
PeCeDe Posted January 13, 2018 Author Share Posted January 13, 2018 Glad I asked, thanks for the info. don't need hassles at this stage in my life. Link to comment Share on other sites More sharing options...
beammeup Posted January 13, 2018 Share Posted January 13, 2018 I would use something like Kraken and send the funds to your bank in Thailand in euro's. I dont think you would be breaking any rules then. Link to comment Share on other sites More sharing options...
PeCeDe Posted January 13, 2018 Author Share Posted January 13, 2018 I don't know much about Kraken, but I'm looking at their site now... Link to comment Share on other sites More sharing options...
davidst01 Posted January 14, 2018 Share Posted January 14, 2018 20 hours ago, beammeup said: You probably cant find an answer because I doubt anyone knows yet. You are not allowed to use BTC on bx bought in anything other than baht so you would be breaking the rules and leaving yourself open to trouble if they are looking. could you please clarify your comment as I dont understand. Can you give me an example of what you are saying? ''You are not allowed to use BTC on bx bought in anything other than baht so you would be breaking the rules''. It doesnt make sense what you are saying. Can I ask how experienced you are and what is your evidence for this comment. Im not having a go at you. I just want to know how accurate your comment is. Im unsure if I agree with you Link to comment Share on other sites More sharing options...
davidst01 Posted January 14, 2018 Share Posted January 14, 2018 Op there are no tax implications as its likely not covered in the tax laws here yet. Dont even worry about it. Link to comment Share on other sites More sharing options...
PeCeDe Posted January 14, 2018 Author Share Posted January 14, 2018 Thanks Davidst01, I want to trade, but it seems to me I need to know the rules. As you know the devil you don't know can retroactively come back to bite. Ignorance is not a defence. Link to comment Share on other sites More sharing options...
speedtripler Posted January 16, 2018 Share Posted January 16, 2018 Selling bitcoins is no different to selling gold or anything else You don't need a licence or a permit to do so in Thailand and if the law changes, the exchanges will let you know immediately, as they would have to conform with the new laws anyway Link to comment Share on other sites More sharing options...
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