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Pete ******
This is a summary of
Pete ******
's contributions to the platform. They have posed 3 questions and added 1237 comments.

QUESTIONS

COMMENTS

Pete *******
@Andrew *******
there is no 90 limit on an IDP, it is good until the end of it’s validity date.
Pete *******
You are confusing a 90 day report with an in country 180 day extension.
Pete *******
I usually get an acceptance email within minutes and a confirmation email within 3-4 days.
Pete *******
@Tim *********
only if you were Thai tax resident at the time of the UK property sale, otherwise you can remit the proceeds free from Thai tax.
Pete *******
On 2 million baht at the current Bangkok Bank savings account interest rate you would be taxed 750 baht per year. Hardly worth getting excited about.
Pete *******
The amount you have in your Thai bank account is irrelevant. You will pay withholding tax on any interest paid on your account at the prevailing rate, currently 15%.
Pete *******
@Jack ***************
suggest you read the gift section of the Revenue Code for more details but you can gift to people who are not immediate family members up to 10 million per year. Go to the Revenue Department website and look up gifting.
Pete *******
@Peter ********
instead of wasting money on agent fees some prefer to make their money work for them by investing in passive income streams. They relax while their money works.