American on Dirt Bike Kills Thai Woman Crossing Road in Chiang Mai
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Thailand Moves Closer to Wealth Tax with New Asset Tracking
Probably not but if, then the Shinawatra family are in for a real shock. -
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Joint account
OP, trust you understand from some of the correct responses here that your "immigration" account (the one which you maintain for Immigration purposes) must be in your name alone. Anybody suggesting anything else is simply wrong. As poster Mercer has noted above, some immigration offices have accepted in the past a true joint account for immigration purposes....but only if the amount in the account is double the amount required for you alone. I have no idea if all or any immigration offices nowadays are okay with that concept of a joint account with double the single amount. Perhaps anybody doing that now might chime in here (and, if so, it would be helpful to state which immigration office is involved). Regardless, you mention that you have another joint account and, as your spouse will apparently have access to those funds up your death, it would appear that your spouse won't have any immediate issue with having funds available. As to the "immigration" account, the "probate" process will take around 5-6 months and the court will issue an order (complying with your Will provisions) awarding the funds to your spouse and then those funds can be accessed by showing the bank a copy of that court order. The cost of probating that one account should not exceed 50,000-60,000 baht (hopefully your spouse shops around if any lawyer office is quoting significantly higher numbers). -
116
Banged up: Thai prison nightmare exposed by British tourist
The problem is that he overstayed his visa. Another problem would be that he was on the wrong visa to start a business. -
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Joint account
This topic comes up more commonly for extensions retirement as funds required in bank all year round. For Marriage the funds only in bank for couple of months. One suggestion is to use income method. As one example...I transfer 120k baht every month (extension retirement) Instantly when funds hit my Kasikorn bank the money is transferred to my long term partners account. My immigration bank account basically has zero balance. I leave the stage then zero funds (chump change) left in my bank in my name only. -
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Banged up: Thai prison nightmare exposed by British tourist
Have the Thai police no shame. Call Green Peace, there appears to be a beached whale on the floor, -
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Thailand Moves Closer to Wealth Tax with New Asset Tracking
clever idea , but clever wealthy Thais ( or other nationals) , you not able, if they held assets in offshore companys instead of individual holders. even developed countrys are nearly not able to find them, or they just simply change their " homeadress" to a tax free country like malaysis or dubai or many other couuntrys (overseas income tax free)
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