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27
Transferring money from Wise to pay Hospital bill
... with the added caveat that this only refers to income earned after 31-Dec-2023 and that foreign savings and income earned prior to 1-Jan-2024 is not taxable when brought into Thailand per RD order 161 and RD instruction 162. -
37
Republicans win control of the US House of Representatives
Shirley, a million is an exaggeration! -
2,973
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Reference the DTV visa - it is still relatively new. I suspect with time it will be possible to open a Thai bank account with that visa, .... and for all I know it may be feasible now with some banks (and/or agents). -
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149
Mother Finds 16 Year-Old Daughter Allegedly Working at Bar in Pattaya
I also know that it used to be the fishing village. But during the Vietnam War era, it was developed as the place for US military's R&R. That's how that place turned out to be known as today... -
1,478
5 year multiple entry DTV visa (Destination Thailand) from 2024-xx-xx
For the 500,000 baht in your bank account. Does that money have to have been there for X months? Or can I simply transfer 500,000 baht to a bank account today, get a bank account statement and then apply for the visa tomorrow? -
32
Giuliani Claims Financial Hardship as He Begs for Donations and Money for Food
Tar and feather me, I forgot you were one of the most pedantic posters on ASEAN, with very little grasp of basic logic. I may or may not be able to corroborate the claim, and I'm not going to spend time looking. Let me ask you a very simple question, yes or no. Would you work for Trump in arrears? I admit it is a "have you stopped beating your wife yet" type of question. -
2,973
Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
As of 31-Dec-2023 , until some of the tax aspects are clarified , that is in essence what I am doing, albeit I am on a different visa and we are likely talking about a different amount of money. As you note - one can go for many years with such an approach, and it is compliant with Thai RD instruction 161 and with Thai RD order 162. Hopefully within a few years things should be much more clear. In the mean time still, thou, be subject to Thai tax law if one decides to stay long enough to be a Thai tax resident - which means one should be familiar with any DTA with the country of one's income, ... and also maintain good records for the global funds one had prior to 1-Jan-2024 , and also good records of transactions after that date, in case one wishes to bring more funds into Thailand - and still be able to credible prove ( if audited ) when the income was earned.
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