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Stock Trading / Offshore Account / Fund Transfer


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All,

 

I am opening a brokerage account which is based in Europe (Luxemburg) for trading stocks. I work in Thailand and send money home monthly to my account in Ireland to pay bills etc. I pay the flat transfer fee rate of about 1000 baht or so for that purpose.

 

Is there any other way of getting money out of Thailand into the brokers account without attracting high transfer fees and/or taxes? To be clear, everything I am doing here is legal and above board - but there may be a "right" way to do it, that is cheaper and easier.

 

Any advice?

 

Thanks.

 

 

 

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