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Tim ******
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Tim ******
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Tim ******
@Nick ***********
You can actually bring Old money in. As long as you can prove it is Old money, there is no remittance tax on it.
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Tim ******
@Pete ******
Nope. Criminal. Immigration are already on the way.
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Tim ******
@Pete ******
Yep you are definitely breaking the law. So much for being a clean skin. 😆 "Declaration Requirements:Tax Residents: Must file a Personal Income Tax Return (PND 90 or PND 91) by March 31 of the following year for all taxable income, including:Thai-sourced income.Foreign-sourced income remitted to Thailand in the year it was earned."
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Tim ******
@Pete ******
"1. Tax Residency Status:You are considered a tax resident in Thailand if you stay in the country for 180 days or more in a calendar year.Tax Residents: Must declare all taxable income, including foreign-sourced income that is remitted to Thailand in the same year it is earned.". Whoops. Looks like you are breaking the law, hopefully authorities won't see this thread.
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Tim ******
@Pete ******
Technically if you've had money arriving in your bank account since 2024, you need to file a tax return. If you are serious about doing things right, you should have a tax number.
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Tim ******
@Pete ******
I think for you. The LTR Visa is a better option to not pay remittance tax. That way you will have a clear conscience.
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Tim ******
@Jeremy *******
You can tell that Pete dude was first in line to get the Covid shot. Yes government, I will do whatever you tell me government. 😆
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Tim ******
@Jeremy *******
2 simple options. If you go home a couple of times a year, you could carry money in with you. Or get an LTR Visa, which exempts you from paying tax on foreign income in Thailand.
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9 months ago
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