December 9, 200718 yr 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.
December 9, 200718 yr 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,
December 9, 200718 yr 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.
December 9, 200718 yr 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 !
December 9, 200718 yr 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 ! Or for drug purchase or copy watches etc !
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