Does Thailand report to my home country if I buy a condo there?

All foreign purchase of property is recorded and that’s how they find out

@Arnold *********

good lord. There is no means of Thailand reporting your home country.

If you reported it on your taxes in your home country, that’s how they ‘know’

Milad Shaker not many Russians anymore

@Milad *******

. Just been reading the news. Russians and Chinese at the moment in cities like pattaya and phuket

@Alan *****

in Bangkok ? There are thousands of unsold units. Thousands. Are you literally including the developer as a 'person selling one' ? I think people are talking about reselling a privately owned and previously bought/sold unit.

@Jo *********

I take it money laundering is important to your business model?

FATCA was a US legislation to track down and chase US citizens abroad who are not declaring taxable income outside of the US requiring overseas financial institutions to report and financial activity being undertaken by a US citizen. Other countries through the OECD wanted and decided to adopt similar and CRS was introduced, which many countries have not put into legislation. One of the countries that hasn’t done this is the US that has no obligation to report activities of foreign citizens other than a few nationalities that they were forced to enter into a reciprocal agreement for FATCA. Which demonstrates again that one of the biggest tax havens in the world is the US

To answer your point, combatting tax evasion is not oppressive nor a witch hunt unless you are a tax criminal or involved in money laundering, child porn, drug running, gun running, car theft or other criminal activity!

@Jo *********

Its not an American thing its global! Thats why its called "common"