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easy way to open bank account visa exempt
Would appreciate some input as I have a friend visiting from Europe, he wants to buy a condominium unit, already found the place but he needs to have a bank account to transfer funds to complete the purchase, must banks he visited they keep denying him the opening of an account, he has sales contract, wants to invest the money but it appears Thailand doesn't want money, what's the easy best bank to deal with in such a situation -
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Advise on declaring income tax on rental properties abroad?
Dear Fellow AN members, I was wondering if anyone has experience or knowledge of expats declaring personal income tax here in Thailand (PND94 - midyear + PND90 year's end) on income derived from rental income from properties abroad? Assuming you are tax-resident (by default of 180 + residing in Thailand) and have 'earned AND send this 'income' into Thailand), during the same tax year when being a tax resident in the Kingdom of Thailand. Seems there's no distinction made regardless of this is rental income derived form property within Thailand as opposed to property located abroad. Rental income under the revenue act 40(5) as defined rental income, requires as well additional filing of mid-year tax return (PND94) in addition to the standard (PND90/91). Anyone's take on this is much appreciated. Cheers, FB -
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Pattaya Awaits Decision on Fate of Controversial Waterfront Condo
For reference October 11th 2021 Yesterday (October 9th), the Bali Hai Construction Company on behalf of the Bali Hai Company Limited, which has previously claimed to be bankrupt due to all the lawsuits surrounding the building, has officially filed a request for re-construction permission from the Pattaya City despite the demolition order, https://thailand-construction.com/owners-of-the-controversial-waterfront-condo-on-pattayas-bali-hai-pier-ask-for-an-opportunity-to-resume-construction-vs-demolish-the-building/ October 9th 2023 Itthipol disembarked his flight from Phnom Penh at Suvarnabhumi Airport at 10am and was immediately taken into custody by immigration police. The former minister is wanted for corruption in construction of the Waterfront Suites and Residences in Pattaya in September 2008........... Itthipol was culture minister in the second cabinet of former prime minister Prayut Chan-o-cha and is also the younger brother of former Pattaya mayor Sonthaya Khunpluem. Itthipol, 50, was Pattaya’s mayor when he helped grant permission to Bali Hai Co Ltd for the construction of the Waterfront condo project in September 2008. -
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My recent experience at the bank
Just about everyone, been this way for many years. Anti-money laundering. Look it up. -
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Is anyone concerned about DOGE targeting US Soc Sec direct deposit into Thai accounts?
So, you have no quote of Trump stating openly that he has the right to suspend the constitution, I thought not.- 1
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