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Tore ********
This is a summary of
Tore ********
's contributions to the platform. They have posed 11 questions and added 772 comments.

QUESTIONS

COMMENTS

Tore *********
DTV Dude true money definitely better. Street food gets old fast anyway. (And generally unhealthy) They still take cash.

True money for,
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, electric, water and internet bills. As well as most QR pay.

Wise/revolut/other credit cards/apple pay/android pay works for allot as well.

Wise transfer for rent.

Cash for the tiny rest. Truemoney gets you 95% there.

It is annoying they shut down the account, but very possible to live here without thai Bank Account. Glad I bought the car before they froze the account.
Tore *********
@Holly ******
granted, some are being needlessly rude. But, this is being asked every day, multiple times day. Do a quick search before asking questions repeated so many times 🙏
Tore *********
@Nick ******
elite visa is most definitively a tourist visa…..
Tore *********
@Ron ***
where are you getting your facts from? Work permit doesn’t matter, visa doesn’t matter.

Sure, cant work without work permit. But you can legally bring in money from legal work outside Thailand . Which would be subject to Thai Tax law when remitted into Thailand IF spending more than 180 days in Thailand. Regardless of what visa
Tore *********
@Pete ******
thats what I said. You only file IF you have assessable remittance or income
Tore *********
@Dominik *************
it definitely changes. But you have to consider both countries in terms of of income. Your tax may have to be be paid in home/employment country. Depends on the country in question.

If you spend more than 180 days in Thailand, you are legally supposed to file any income in Thailand as well. IF its actually remitted or spent here. But dual tax agreements may allow you to deduct paid tax at home as tax credits (effectively no tax in Thailand, but still technically duty to report)

Wealth and investments however, you would only tax in Thailand if thats where you spend most of your time. Ans only on gains/remittances into Thailand

Tax is a complicated subject and depends on allot of factors.

If you are completely independent/not employed. And your clients are NOT Thai. You may be able to set up a structure where you pay tax only in Thailand IF you spend more than 180 days here.

It all depends on so many factors
Tore *********
@Ron ***
only “requirement” to be considered tax resident in Thailand is to spend over 180 days.

However, you only need to submit tax return IF you have remittence or income that is “tax assessable”. To be confuse you even more, that doesn’t mean you end up actually paying tax.

Even retirees are considered tax residents. Visa type, work permit and company registration is completely irrelevant to determine if you are tax resident or not.
Tore *********
@Elan *********
yes definitely you are wrong. Travel insurance only covers accidents and travel related stuff. Travel insurance typically also covers a limited timespan.

If you plan to spend most of the year in Thailand, get a health insurance. At least inpatient coverage to safeguard against financial ruin. Healthcare isn’t cheap in Thailand for foreigners.. Doesn’t have to be axa, that was just an example of what I use. Local thai ones would be cheaper obviously
Tore *********
@Elan *********
all countries? No I obviously pay 1 policy, but via the company AXA global, not AXA Thailand.

Global coverage is slightly more than Thailand only. But I don’t spend all my time in Thailand.

My policy is inpatient only. Global coverage (except US)