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Andy ***********
This is a summary of
Andy ***********
's contributions to the platform. They have posed 2 questions and added 1678 comments.

QUESTIONS

COMMENTS

Andy ************
@Natasha *******
They won't open an account unless you're buying a visa off them
Andy ************
@Marc ******
Why? Because a few morons trying to live in the country on free visas are melting down?
Andy ************
@Brian ********
The only fee I pay is 200 baht per year for the ATM MasterCard. You should look at changing to a "no fee" account
Andy ************
@Jeff ********
You do one 65k transfer each calendar month. I've done it that way for years. It must show in your bank account as a foreign transfer. I use Wise to do the transfers
Andy ************
@Richard *******
I know what you mean! Isaan doesn't do it for me either.
Andy ************
@Jim *******
You can be a dual tax resident in which case the DTA decides which country has sole taxation rights. I'm in that situation
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.