tax implications for expats

Showing 10 questions

This page displays all the results for the Tax implications for expats tag, sorted by the most recent activity. There are a total of 10 questions that have been tagged with Tax implications for expats. Explore the questions to find discussions and information relevant to this topic.
September 23, 2024
4 days ago
Lee ***********
ORIGINAL POSTER
I applied for my DTV visa in the UK as a Freelancer, I rent out an apartment, let's say.

Firstly I did intensive research and read everything since June.

Applied on the 10th September via the evisa online and sent in-

1. Copy biodata passport page

2. Proof of capital

3. An overview of what I did and why I thought I would be a good fit for the DTV

4. Bank statements showing the income monthly over past 12 months.

5. Photograph I had taken and used at immigration in Thailand.

6. £300

Within a day I had a reply asking for 4 pieces of information -

1. Tax returns - no problem submitted.

2. A letter from an estate agent or if not an explanation- no problem submitted with tenant contract and explanation I ran things myself.

3. Upload my flight booking - although not part of the requirements it is a question on the e-visa website - no problem I'd read enough to know so I had a return ticket and submitted it.

4. A photograph close up - no problem uploaded.

Within a day, another request for 2 pieces of information-

1. A formal letter to the Royal Thai Embassy explaining what I do and why I wanted to spend time doing things in Thailand - no problem I wrote a very official letter.

2. Another photograph, they want your face to take up 70 - 80% of the picture - try again 😆

Then my application went to pending decision, few, I waited and I waited, I thought it wasn't going to happen, then on the 20th 2345hrs it came through approved. Celebrations yay.

Points I noted were, they asked alot more detail than everything I had read suggested, wanted full address and contact details of who/where I was staying.

I'm so overwhelmed, I've had a tough few years and this is life changing for me, a new beginning.

So if your applying, what I take from it is, read and understand everything, have everything and more ready, expect alot more than what the simple flyers say, maybe they are tightening up as more apply who knows.

Thanks to the Royal Thai Embassy
August 21, 2024
a month ago
Nyi ******************
ORIGINAL POSTER
Successful DTV Visa with spouse - Phnom Penh Cambodia 🇰🇭 🎉

Processing time- Minimum 1 week

Walk-in. No appointment necessary.

Submitted documents

1. Thai Bank Statement - 900k

2. Singapore Bank Statement - 20k

3. Uk Engineering Degree

4. Supporting letter from company director that I can work remotely

5. US Business license

6. Singapore Business license

7. Thai Vehicle Ownership Document and Thai House Rental Contract as supporting documents

8. Marriage Certificate for spouse

9. $400 visa fees per person

Our visas were approved.

Many others front of us were rejected and they refunded visa fees.

Tips: They mainly check 2 things. Financial and work supporting documents.

You need to convince the visa officer that you can work remotely. So, submit as many verified documents as you can.

Submit thai bank statement if possible so that they can confirm with their banks. Otherwise, they may ask for last 6 months statements.

They prefer work category instead of soft power or others.

Best of luck 🤞
August 12, 2024
a month ago
Tim **********
ORIGINAL POSTER
Hi

I’m English currently living in Spain,any advice on relocating to Thailand)Pattaya) i will have my state pension available in 2025 and have about €50,000 in cash when I move

Any advice on how or if it would be possible to make this move later in the year

Advice on visas and purchasing of a small condo,any other advice greatfully accepted
July 20, 2024
2 months ago
John **********
ORIGINAL POSTER
I have a question that some of you may have experienced .

I am a cyclist and my wife & I are moving to Thailand to live . I have 3 road bikes and they are expensive . I want to ride the track out by the airport and some other areas .

My wife is a Thai national and lives with me in Canada .She has her PR and has lived here over one year , that allows her to bring items back into Thailand without being taxed from what I've researched

We will be bringing 3 road bikes with us , 2 are mine and 1 is hers . Total value of the bikes is around $35,000 and I'm wondering when we come through the airport in Bangkok are we going to have to get into a deep discussion over bringing the bikes to Thailand and immigration wanting to try to tax us ?

We will have sold everything else we own but the bikes were custom builds and I can't replace them in Thailand for what I paid for them . 2 are 1- 2 yrs old and the other is 10 yrs old .

Ive tried to sell the older one but most people at this time ( in Canada) do not have the extra money so I'm going to be stuck with bringing it with me

Anyone just rolled through immigration without issue ?

I do not plan on telling immigration that we are planning to live in Thailand at that time . I will apply for a marriage visa later but I do not want to commit to staying in Thailand until we learn more how the income tax may affect us .

If it does then we will jump countries and live 179 days in thailand and then go another country for the remainder and come back again but thats to be determined once we have been there for a few months and speak to a tax accountant

Anyone have experience bringing bikes with you into Thailand ?
April 16, 2024
5 months ago
Hi

We are going to Thailand in Oct for 24 months what's the best visa to get.

We are both retired and over 60 from Canada

Thanks all
May 4, 2022
2 years ago
James *********
ORIGINAL POSTER
Learned this from a CPA friend of mine...

If you are American and have a foreign bank account - you need to fill out "FBAR, *Form* 114" with your taxes yearly, or ELSE! There is a $100,000 fine that may be leveled against you, if you don't. Look it up - don't find out the hard way!
March 20, 2018
7 years ago
Mehmet **********
ORIGINAL POSTER
Hi everyone.

My question is the following. I now have a job in Netherlands. This is a job i can do from home with my laptop. I have spoken with my boss and if I want i can move to Thailand and work from there. I would still get my salary on my bank-account. The only thing i need is actually rent a home there with internet and I am good to go. I want to stay at least for 1 year. What type of visa do i need? Do i need to make visa runs?
Previous page
Page 1 of 1
Next page