Interesting I've been thinking about this as I plan to move there. It seems nobody has posted about getting questioned on taxes if staying over 180 days on DTV so far.
My question is what's the advantage of having a Thai bank besides the supposed pay with QR and transferring funds? Doesn't it open you up to tax implications depending on how much you transfer and hold in there? Why not just use a foreign bank that rebates your ATM fees and call it a day? I'm trying to understand the reasoning behind it.
Ok thanks that makes sense. However people always say that even if you have a foreign bank and withdraw from an ATM there, you have to pay taxes. It doesn't make sense, how would they even track it? Or why would that money be taxable.