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Neil *********
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Neil *********
@Jim *****
mine is the asok branch they’ve been great to be fair it’s the one on asok montori road
Neil *********
@Jim *******
why would retain tax residence in your own country if it’s a less favourable situation

I’m not getting into full ins and outs here please accept that as This has been my job for 25 years and I’m internationally qualified to do so.

It’s just here so many keyboard warriors not that I’m suggesting you are one but there are and then all sorts of peoples opinions rather than than fact.

Hope you understand and appreciate that
Neil *********
@David ******
ok firstly I’m not selling anything. Secondly yes you are right it is about being classed as a tax resident and that does involve 180 days in a calendar year. You don’t need to open a Thai bank account and you can’t be taxed here if you don’t exceed the 180 days a year correct. However the majority of people do fall into that category
Neil *********
Bangkok smile group I used to work in dentistry and did my research before moving here and they’re my dentist

Bumrungrad fantastic private hospital but way too expensive for routine dentistry which implants are these days
Neil *********
@Andrew ********
and also they don’t have licenses they piggyback on others which means technically they aren’t even their clients. There’s so many dodgy ones out here it’s awful to be honest but one client at a time I’ll get there with doing it the right way
Neil *********
@Andrew ********
oh yes the investment products that are rightly not allowed in most regulated markets but offshore is different. I’ve only ever worked in the UK the most regulated market and my advice to my clients offshore is exactly the same just with more tax advantages now
Neil *********
@Andrew ********
oh I have a fair idea who they are lol.

There’s only a few good advisers here in all truth but for me the most important thing is and the reason I am where I am is that in the unlikely event the client has a complaint then in Asia there is only one independent wealth management firm who is part of a U.K. plc so there is recourse for clients should they ever need it.
Neil *********
@Andrew ********
haha no but there are unfortunately so called advisers here who aren’t qualified at all and will give people the sales rubbish so they can earn big commission and the clients end up with problems. Proper advisers who have done the job in a regulated environment like the UK or US will give the right advice and earn from that and keep the clients and even get referrals from the clients
Neil *********
@Andrew ********
it doesn’t work that way unfortunately as they’re classed as uk so moving the actual pension isn’t an option and anyone who tells you to is a dodgy person so run because they’re doing it for huge commission for themselves

Each client is individual so it’s about looking at their entire situation
Neil *********
Hi. It depends on your country and the detail of the double taxation agreement that they have with Thailand.

For example US citizens and their social security are covered under the agreement with the US, however my country the UK as per typical government they only made sure that government pensions are covered and private ones are not covered.

I’m a U.K. qualified independent financial adviser who lives and works here, have been uk qualified for 25 years.

Also this will depend finally on the legislation that they are finalising now here which the head of the revenue department has said will be taxing on worldwide income.

So ignore it you see people spouting off no it’s not etc. this is coming and there is no escaping it, having a proper qualified individual can make all the difference with clever tax planning.