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Jim *****
This is a summary of
Jim *****
's contributions to the platform. They have posed 2 questions and added 87 comments.

QUESTIONS

COMMENTS

Jim ******
@Kool ******
Thailand is signed up to the Common Reporting Standards and is now complying with it. They get details of banking transactions to Thailand.

They are still working out what to do with that information but if it means then getting more money in taxes they will figure it out.
Jim ******
@Nick ***********
I am well aware of that but if someone wants to comply then let them do it. IF the tax man finds out they can do an audit on you and you will have lots of problems.
Jim ******
You have a legal requirement to file a Tax Return if you become tax resident. I suggest you contact:
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The information is out there about time spent in Thailand but it is not yet known if the Thai tax authorities will act on it.
Jim ******
@Todd ********
OK for high net worth individuals with income of USD 80,000 per annum.
Jim ******
@Colleen ******
good luck opening the account. I'm over in December and will be in Chiang Rai catching up with friends there
Jim ******
@Colleen ******
Understood. You really should be able to open a Thai bank account. I had an account with Bangkok Bank also. I got to know the manager and some of the staff quite well. Shame I'm not there now.
Jim ******
I'd be inclined to open a multi currency account with Wise!
Jim ******
@Colleen ******
I know it is more difficult now. I'd just keep trying different banks until one accepts you. Siam Commercial

Bank, Krungthai, UOB. Maybe take a trip to Central Plaza and ask at the branches there?
Jim ******
@Colleen ******
mine was 3 years ago but if you have an O A visa it should still be simple. All the branches seem to do their own thing. Depends on who you see when you go into the branch. Go in, be polite and respectful.