transferring funds to thailand

Showing 2 questions

This page displays all the results for the Transferring funds to Thailand tag, sorted by the most recent activity. There are a total of 2 questions that have been tagged with Transferring funds to Thailand. Explore the questions to find discussions and information relevant to this topic.
Oct 6, 2024
a month ago
Stephen ********
ORIGINAL POSTER
For those who want to open a bank account I want you to watch this to pay very special attention to: 12:00-12:15

“What triggers expatriation into thailand”

“Opening a bank account and trnasferring funds into that bank accout”

This is how I take that.

1. If you make a bank account here, it is purely to make your tax simpler/easier. I’m going to call an accountant tomorrow to see if we even need to lodge a return if we don’t bring any money in, but I assume we do over 180 days. If someone knows, please comment. I would prefer not to have to make a return if not needed.

2. All your spending should be with revolut and wise to not trigger expatriation. Do not just simply transfer money into a Thai bank account willy nilly. Only transfer money in you expect to be taxed. So 149,999 cap if you want to do it tax free.

I’m not sure if Western Union counts but I might even take that out somewhere else in the 6 month break.
Previous page
Page 1 of 1
Next page