Ste78 Posted March 10 Share Posted March 10 (edited) Hello, Just received at Bangkok Bank app the info that soon this certificate will be offered. Have any idea if 3% is net or before tax ? Possible to sell it before the 5 year expiration? Edited March 10 by Ste78 Complete info Link to comment Share on other sites More sharing options...
Mike Lister Posted March 11 Share Posted March 11 On 3/10/2024 at 1:01 PM, Ste78 said: Hello, Just received at Bangkok Bank app the info that soon this certificate will be offered. Have any idea if 3% is net or before tax ? Possible to sell it before the 5 year expiration? Before tax. Yes, on the secondary market. Link to comment Share on other sites More sharing options...
Ste78 Posted March 12 Author Share Posted March 12 I went to Bangkok Bank yesterday: I have been living and working in Thailand for years, but they said I am not entitled to buy the bond. Since I don't own an house/apartment here (resident Visa), I am not considered resident (I have working Visa). Even if I have an actual resident certificate and pay tax here !?! Link to comment Share on other sites More sharing options...
Mike Lister Posted March 12 Share Posted March 12 14 minutes ago, Ste78 said: I went to Bangkok Bank yesterday: I have been living and working in Thailand for years, but they said I am not entitled to buy the bond. Since I don't own an house/apartment here (resident Visa), I am not considered resident (I have working Visa). Even if I have an actual resident certificate and pay tax here !?! See eligibility in the link below https://www.pdmo.go.th/en/bond-knows Link to comment Share on other sites More sharing options...
Foxx Posted March 13 Share Posted March 13 On 3/10/2024 at 1:01 PM, Ste78 said: Possible to sell it before the 5 year expiration? If you do sell, you may well get less than the 3% return you're anticipating since you'd be selling in the open market. Only by holding to maturity will you get the full principal returned. Link to comment Share on other sites More sharing options...
Mike Lister Posted March 13 Share Posted March 13 17 minutes ago, Foxx said: If you do sell, you may well get less than the 3% return you're anticipating since you'd be selling in the open market. Only by holding to maturity will you get the full principal returned. It will depend on interest rates at the time, if they are 0.50%, you'll easily find a buyer. Link to comment Share on other sites More sharing options...
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