everybody says it will get dark tonight. The point is being tax resident in Thailand does not remove the confusion around whether you pay tax there or not so I stand by my comment because I am not wrong.
Yes and it's why I have sentenced myself to 6 months in the 🇬🇧 this tax year so that the proceeds from a house sale will not be taxable when remitted to Thailand. So far I've managed 6 weeks of my sentence and seriously wondering whether or not I would rather pay the tax!
Yes. Say I'm thinking of buying a condo for 3 million baht and a new car for 1.75 million baht. If I have to pay tax on that money when I bring it in to Thailand its nit going to happen. That's 4.75 million baht that will never come to Thailand. I will continue to rent and make do with my 5 year old car.
it is more likely to show as ftt if you send to 1 of 3 banks one of which is Bangkok Bank. If this is what you need then get Wise to tag your account. I have had successful transfers marked as international monthly for the last 15 months to BB.