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Pete ******
This is a summary of
Pete ******
's contributions to the platform. They have posed 3 questions and added 972 comments.

QUESTIONS

COMMENTS

Pete *******
@Chris ********
and for those “benefits” you are willing to pay an additional 640k? Hence my comment the DTV makes the Elite program obsolete.
Pete *******
@Wannikea ********
nonsense, remitted is in the terminology of the Revenue Department “brought in to” Thailand, electronically or physically.
Pete *******
@Wannikea ********
that’s just a really stupid statement to make. Any assessable funds remitted whilst tax resident above minimum thresholds are subject to taxation.
Pete *******
If you stay in Thailand more than 180 days in a calendar year you become tax resident. If you then remit foreign sourced capital gains into the Kingdom the remittances are subject to tax. You are required to file a tax return if you remit assessable income above minimum thresholds in a year that you are tax resident.
Pete *******
@Nick ******
there are no tax benefits from holding an Elite visa. Compare the DTV v Elite and you will see no one in their right mind would spend minimum 650k on a visa where a 10k visa gives similar advantages. Thus my statement that the DTV makes the Elite obsolete holds, there is no advantage.to an Elite over the DTV that is in anyway significant.