June 29, 20242 yr 6 minutes ago, motdaeng said: i agree, probably not many people can live solely off the interest from their savings in thailand. but it is possible. i know someone who does it. with a paid-off house and cars, only two people, no alcohol or smoking, and moderate spending, they live on an average 80k per month ... Not the point. We're not arguing whether an expat can survive on 5000 baht/month in rural Issan. This was TRD not issuing certain forms without a tax filing. Easy solution - file tax. If you're living on ANY savings you have a savings account earning interest with withholding tax of 15%. File a return to get that 50 baht refunded, then apply for your tax form.
June 29, 20242 yr 4 hours ago, NoDisplayName said: Not the point. We're not arguing whether an expat can survive on 5000 baht/month in rural Issan. This was TRD not issuing certain forms without a tax filing. Easy solution - file tax. If you're living on ANY savings you have a savings account earning interest with withholding tax of 15%. File a return to get that 50 baht refunded, then apply for your tax form. The poster who wants the form said much earlier he doesn't have a Thai bank account iirc
June 29, 20242 yr Author 22 hours ago, NoDisplayName said: Living off savings in Thailand assumes savings, meaning some interest earned and taxed. File a tax return for refund of tax paid. No taxes paid in TH...
June 29, 20242 yr Author 22 hours ago, KhunHeineken said: It's going to be fun. Strap yourself for the ride. That said, depending on what the Thai authorities do, one should be prepared to at least consider that it may no longer be financially beneficial for them to reside in Thailand past 180 days in a calendar year. Talking about 2022 not the present or future 😉
June 29, 20242 yr Author 11 hours ago, NoDisplayName said: Not the point. We're not arguing whether an expat can survive on 5000 baht/month in rural Issan. This was TRD not issuing certain forms without a tax filing. Easy solution - file tax. If you're living on ANY savings you have a savings account earning interest with withholding tax of 15%. File a return to get that 50 baht refunded, then apply for your tax form. Why do you assume I have money in a thai bank account? Stated several times this is not the case.😉 Apparently there is the option to either pay tax voluntarily or to pretend that you transfered 100% profit to TH via several ATM transactions. Not sure if that works on the thai RD side and not sure if the German RD will accept the RO 22 in the end. Was hoping that someone had already done this whole ordeal... Thanks! Thanks! Edited June 29, 20242 yr by stat
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