@Eric *****

it would be pretty bizarre if they suddenly cancelled the many tax treaties they have with western countries.

I wont state anything for certain, but that would be unprecedented.

People are really overthinking something that hasn’t even taken effect yet.

Things can change all the time in Thailand. I don’t believe the “new rules” are a sure thing yet. And it also depends on your financial situation and what your home country is.

In any case, what you should check:

1. Does your country have a dual tax agreement with Thailand?

2. Is your income taxed in your home country?

With a dual tax treaty you only tax income in one location.

But there is so many factors that depend on your situation. Impossible to answer here.

But in short, I wouldn’t worry.

In my situation it’s beneficial for me to be tax resident in another SE Asian country, due to my unique situation.

But for most countries, if your income is taxes in your homecountry there’s no real issue. For investments, crypto, savings etc it depends in your unique circumstances

@Kim ********

🤦 The initial post even mentions.

“LTR, wealthy pensioner” as in “Long Term Resident VISA” written right up ther⬆️ at the start, right now, not in a reply!

We are obviously talking about visa requirements, not “being wealthy” or not lol.

@Phil ******

copy of passport, visa, entry stamp and copy of TM30.

They then send it to the address registered on TM30.

This was Chaeng W in Bangkok though. May differ other places.

@Ernesto *******

no-one was talking about “being wealthy”. 😅 Not the sharpest knife are you?

@Ernesto *******

and yet that is the requirement for a visa with the actual name “LTR wealthy pensioner”🤦. Do you even know what group you are commenting in?….

@Ernesto *******

whats up with the id*ot comments today. OP didn’t name the visa, thai immigration did 🤦 Its the requirement for the visa with said name….

@Thaimer *****

why you argue this haha. It was definitely 2% + weekend charge lol 😆 It was literally the reason i opened wise.

I’ts good they removed it so it doesn’t really matter. But even stated in their faq they considered Thai Baht a “Low liquidity currency”

@Thaimer *****

Alright, it used to be 2%. And double over the weekend. I just compared, Revolut still more expensive though. For 1000 eur you get about 200 baht more using wise. (And Wise safer as they have formal bank license)

I don’t see many advocating for revolut in Thailand seeing as they charge extra for Baht conversion as they consider it a “small and illiquid currency”. May have changed, but used to be a couple years back at least. They also have bad reputation for suddenly closing accounts without good reason with bad customer service,

Most and me as well recommend Wise for Thailand.