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Withholding Tax

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My wife (Thai) and I are finally making the move to Thailand and we need to send £90,000 Sterling in order to buy our new house and car.

I am concerned that the money will be subject to the 30% Thai withholding tax.

I am almost sure that money for this purpose is exempt from the withholding tax, ALMOST SURE.

I have done a search on Thai Visas and Google but the results did not answer my question.

I am hoping that the membership can help.

My wife (Thai) and I are finally making the move to Thailand and we need to send £90,000 Sterling in order to buy our new house and car.

I am concerned that the money will be subject to the 30% Thai withholding tax.

I am almost sure that money for this purpose is exempt from the withholding tax, ALMOST SURE.

I have done a search on Thai Visas and Google but the results did not answer my question.

I am hoping that the membership can help.

I dont know of anyone that has had this 30 per cent held,scaremongering id say, just state what its for and ill bet it goes through no problem,

Agree with Mike.

A quick call to your Thai bank before you make the transfer is a good idea too.

I has transferred over the 20k US before with no problems at all.

Quite. Just ensure that your transfer says, in the Comments-section, that the transfer is for the purchase of a house, ie not for investment in the stock-market, and you should have no problems.

Welcome to LOS ! :o

Quite. Just ensure that your transfer says, in the Comments-section, that the transfer is for the purchase of a house, ie not for investment in the stock-market, and you should have no problems.

Welcome to LOS ! :D

Or for drug purchase or copy watches etc ! :o

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