Nick ***********
This is a summary of
Nick ***********
's contributions to the platform. They have posed 9 questions and added 1180 comments.

QUESTIONS

COMMENTS

Nick ************
@Von *****
if you are to obtain an extension of stay based on marriage or retirement then 12 monthly transfers of 40k or 65k baht are required to qualify. It must be clear to immigration thatThese transfers came from overseas and not from Thailand. Some transfers are moved to a partner bank who then transfers them to your bank. These show as interbank transfer and are thus not acceptable.
Nick ************
@Andy ***********
if you are in Thailand for more than 180 days you are liable for tax in Thailand regardless if you pay tax in your home country.
Nick ************
@Andy ***********
I pay tax in the UK on pensions and rental property. However, I spend more than 180 days in Thailand and beleive that I sm then committed to pay tax there . I also beleive thatv ny tax paid in UK is offset against tax owed in Thailand. It will be a complicated exercise. Furthermore any assets held before the end of last year are not taxable in Thailand. What I am worried about is the sale if my primary residececand rental property in the UK. Obviously I will pay cgt on the rental since I moved out but the rest is not taxable in the UK. This has the potential of raising a huge tax liability in Thailand if their proposal to tax world wide income goes ahead. If it does I will spend less than 180 days in Thailand in the year I sell. Could save thousands of pounds. This is the situation I beleive is the case after reading a lot of articles written by do called experts. One said that 150k baht a month is below the thai tax threshold anyway.
Nick ************
Assets held before the end of last year are not taxable when brought into Thailand so get the appropriate documents together to prove it.
Nick ************
@Bart *************
no they dont know because I have talked to three and the all said something different.
Nick ************
@Andy *******
should not be a problem to one of the three partner banks but others are limited to
*****
baht as in the photo. You might want to do it in a number of transfers.
Nick ************
My office will also only accept instant access accounts. The reason being that in an emergency you would have access to the funds.
Nick ************
@Danny ******
it needs to be tagged as international transfer in order to renew non o visa based on retirement and I guess other things as well.
Nick ************
@Danny ******
it's not a question about having a problem it is about how the transfer is tagged.