Why I left Thailand

[Confuscious]

22 minutes ago, Scouse123 said:

 

 

Why would Thailand make enquiries regarding your banking business and credit cards?

 

The taxation of foreigners in Thailand, which has yet to be clarified, is only coming into force this year, and as yet, there is no tax due by anybody.

 

Nobody really knows anything, so for what possible reason could Thailand be doing this??

 

HMRC in the UK, the governing tax body, is not allowed by law to look at our bank accounts or request banking information, unless they have a strong case that a person is being dishonest, has more funds than they are declaring or is claiming government benefits unlawfully.

 

I am totally confused by your post.

 

 

 

 

 

 

 

 

First: I don't give a RATS A.. about the laws in the UK or what your opinion is on this matter.
I am a Belgian ciizen and the Belgian/EU laws apply to me, not the UK laws.
Second, if you want to know why Thailand requested this information, go ask the Thai government.
Third, this has been discussed in the TAX thread, with proofs, and do not need to be discussed again in the thread.

Translation of the picture:
Belfius
Banking & Insurance
Belfius Customer and Account Services
Tel.: +32 (0)2 222 12 02
[email protected]
MR -------
Address ΝΑKHORN RATCHASIMA
Our reference: .........-CRS .......
Brussels, 23 May 2024
Topic: Automatic information exchange in the context of CRS
SIr/Madam,
Below you will find an overview of the data relating to Mr (name), which will be the subject of information exchange to THAILAND for the year 2023.
This exchange takes place via the FPS Finance and takes place in the context of the Common Reporting Standard ('CRS'). Belfius Bank provides this information in accordance with the Act regulating the communication of information regarding financial accounts of 16/12/2015 implementing the European Directive 2014/107/EU of 09/12/2014.
The data exchanged is as follows:
OVERVIEW OF THE PERSONAL DATA EXCHANGED BY (name)
 

[Confuscious]

29 minutes ago, Toby1947 said:

He's sponging of the E.U. namely Spain.

WRONG!!!!!

I will live in Spain, as a SPANISH NATIONAL, but my health insurance is in Belgium (accessible in Spain through the S1-Card).

Try again ......

[Scouse123]

44 minutes ago, Confuscious said:

First: I don't give a RATS A.. about the laws in the UK or what your opinion is on this matter.
I am a Belgian ciizen and the Belgian/EU laws apply to me, not the UK laws.
Second, if you want to know why Thailand requested this information, go ask the Thai government.
Third, this has been discussed in the TAX thread, with proofs, and do not need to be discussed again in the thread.

Translation of the picture:
Belfius
Banking & Insurance
Belfius Customer and Account Services
Tel.: +32 (0)2 222 12 02
[email protected]
MR -------
Address ΝΑKHORN RATCHASIMA
Our reference: .........-CRS .......
Brussels, 23 May 2024
Topic: Automatic information exchange in the context of CRS
SIr/Madam,
Below you will find an overview of the data relating to Mr (name), which will be the subject of information exchange to THAILAND for the year 2023.
This exchange takes place via the FPS Finance and takes place in the context of the Common Reporting Standard ('CRS'). Belfius Bank provides this information in accordance with the Act regulating the communication of information regarding financial accounts of 16/12/2015 implementing the European Directive 2014/107/EU of 09/12/2014.
The data exchanged is as follows:
OVERVIEW OF THE PERSONAL DATA EXCHANGED BY (name)
 

 

There is no need for such aggression when I am just asking simple questions to try and understand why Thailand was asking for information about you from your bank.

 

This letter looks like they are looking at your previous business affairs in Thailand.

 

This isn't, or doesn't appear to be, anything to do with the new proposed tax regulations for foreigners staying over 180 days.

 

 

 

 

Edited 3 hours ago by Scouse123

[GypsyT]

3 hours ago, Confuscious said:

When the Reaper would come for me the TAXMAN (Belgium) would get the biggest chunk, 65%, out of my savings.
My children who would get the other 35%, would to pay taxes on this again the next year as they would have to declare it in their income.

You are in EU?

Simply get residency in country without inheritance tax.

I did.

Or, use US banks.

 

"Countries like Belgium, France, Spain and the UK impose relatively high inheritance taxes, particularly on distant relatives or non-family heirs.

In contrast, nations like Austria and Sweden have done away with inheritance taxes altogether, making them attractive destinations for those looking to minimize their estate tax burdens."

The world;

https://www.lorenz-partners.com/list-of-countries-with-no-inheritance-tax/

 

 

Edited 2 hours ago by GypsyT

[iaminwa]

Left Thailand at the start of COVID. Been back 3 or 4 times to Thailand for short holdays since 2022, and glad I left back in 2020.

 

No regrets packing up and heading home. 

 

 

 

[Confuscious]

1 hour ago, GypsyT said:

You are in EU?

Simply get residency in country without inheritance tax.

I did.

Or, use US banks.

 

"Countries like Belgium, France, Spain and the UK impose relatively high inheritance taxes, particularly on distant relatives or non-family heirs.

In contrast, nations like Austria and Sweden have done away with inheritance taxes altogether, making them attractive destinations for those looking to minimize their estate tax burdens."

The world;

https://www.lorenz-partners.com/list-of-countries-with-no-inheritance-tax/

 

 

Wy should I go trough all these hoops whilst I could enjoy my money on a cruise or a trip to the parts of the world I always wanted to see but never could?
For my "childen"?