Correct so it doesn't matter if he's tax resident or not. But if some auditor decides he owes tax on it then it's best to keep documents proving the source of funds - accountants get very excited over 'source of funds' these days.
It's almost like they get together and make up a load of rules for us to enrich the accountancy profession.
Source of funds does matter because if that 100k Euro came from selling some shares you bought 30 years ago in Apple then you're being taxed on it if resident in the year when they were sold. If it's an inheritance then there is no tax, plus it would already have been taxed in the source country.
Also small amount so irrelevant
If you enter on a Non-O 90-Day visa based on marriage, your first 1-year extension would need to be based on "married to a Thai" - so need 400K Baht in the bank for 2 months prior to application, plus the other required documents, pictures, etc.
In subsequent years, if you wish to change to a retirement-based extension, you will need to show 12 months of bank-statements of minimum 65K Baht/mo (every month - no missed/late transfers) - OR - 800K Baht in the bank for 2 months prior to application, leave it there 3 months after, and no less than 400K Baht in the bank the rest of the year.
Filipino Man Arrested for Skipping Luxury Hotel Bills
Picture courtesy of Siam Rath
A Filipino man has been arrested in Bangkok following a series of deceptive stays at luxury hotels, where he incurred damages amounting to hundreds of thousands of baht by skipping out on his bills.
Full story: https://aseannow.com/topic/1359463-filipino-man-arrested-for-skipping-luxury-hotel-bills/
Recommended Posts