This is NOT an official government website. We are an independent resource providing information and assistance to travelers.
Andy ***********
This is a summary of
Andy ***********
's contributions to the platform. They have posed 2 questions and added 1451 comments.

QUESTIONS

COMMENTS

Andy ************
Richard Parker Another one Isaan-bound? 😂
Andy ************
@Todd ********
Yes I'm aware many expats do not understand immigration terminology
Andy ************
@Tim *********
There's a number of factors to be considered. Have you already paid tax on the gain? Are you a UK tax resident? What does the UK DTA say about transfer of capital gain? My question is why would you transfer such a large sum of money to Thailand when you can get much higher return in the UK? I only transfer pension from Australia which is tax exempt, plus I also retain Australian Tax Residency and under the terms of the DTA, the Australian Tax Office has sole taxation rights.
Andy ************
@Tim *********
Only those with assessable income. If what you remit to Thailand is non-assessable, there's no tax to pay
Andy ************
@Frank ********
Exactly. It's dead money. The smart people use the 65k transfer method
Andy ************
@Todd ********
Of course not. But it's still not a 15-month visa. It's a 90-day visa with a 12-month extension of stay
Andy ************
@Brian ********
Which is why many on the non-O go for the 65k method. It's a no-brainer
Andy ************
@Bill ********
With bank interest, the tax is deducted at the source, so unless you wish to claim it back, there's no tax issues with bank interest. I'm on the monthly transfer method and that suits me, as my Australian Super Fund pays between 8 and 9 percent per annum tax free, which is around
*****
k baht per year. I get a decent health insurance cover for less than that, so that's my bonus