Stop lying to people! /FOREIGNERS_PAY_TAX2024.pdf

Things to consider 1) UK state pension will be frozen in Thailand 2) You will have to pay Thai income tax on your state pension 3) If you bring in Euro50 you need to be able to prove how you go it as it may be taxed if u cannot. 4) Here is a good start to look for condos. Remember you can only own a condo in foreign quota.

Anonymous participant if u can prove you had the money in your bank before 1st jan 2024, then that money will not be taxed. You must keep records.

This applies to anyone, your agent is correct. Go on! /FOREIGNERS_PAY_TAX2024.pdf

@Peter **********

well then you should have a tm30 already, questions will be asked and fines will need to be paid. When I move into my condo, i took my blue book and registered myself there at imm. you should have done the same. What address are you giving for 90 day reports.

depends where u live, if own condo you do it yourself, if hotel they do it, if with relatives they do it.

@Peter *********

BTW in Thailand the fine for failing audit is interest on the unpaid tax and a 200% penalty. So if you bring in Eu100,k and you get caught out, then yoiu gonna have to find maybe eu75k which would mean financial ruins and maybe even jail. Who knows!

For those who like reading in the bath, here is the OECD report on Tax avoidance using tax heavens. Prior to 2024 Thailand was a tax heaven, since joining the OECD, Thailand has been instructed to close all tax loop holes and tax all income of all its residents. Here is a reference to the government instruction. and &id=id&accname=guest&checksum=3916A59DE17F6254DB006DA8B98

@Andy *********

Andy, calm down, The authorities know pretty much everything about us. Try googling "common reporting standard" If u have a uk bank atm and you stuff it in an ATM in Thailand the uk and thai RD will know about it, they annually exchange information. If a person is resident in Thailand and receives remittance in Thailand in any form. this tells him that he must get a tin or get fined. /FOREIGNERS_PAY_TAX2024.pdf I renewed by 12 months extension of stay in jun, I made to show a statement from the bank covering the las 12 months. They easy extend this to us needing to show a receipt for a tax return. Most banks these days ask for a tin before an account is opened, the banks can easy be instructed to write to their clients telling them to come to the bank with their tin or there account is suspended, they do this in all EU countries because they are members of the OECD, as of this year so is Thailand and this is a driver for what is happening. People can sit on bar stools in Pattaya its just in future they may well need a tin to do so.