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Tim ******
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Tim ******
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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.
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.
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.
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. 😆
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.
Tim ******
Thailand doesn't tax on worldwide income. (Yet) Only remittance. If you don't bring it into Thailand, you don't pay tax.
Tim ******
@Tal *******
I only have her Line id. Give me you Line id and I will forward it to you.
Tim ******
@Tal *******
View Talay 6. It’s the only building I buy into. Just personal preference.
Tim ******
@Chan ***
Thai people don’t usually like buying condos, which means there is always an abundance of the 51% Thai quoter sitting empty. Example. The condo where I live foreign ownership will cost you around 4 million Baht starting. If you went to Thai ownership, you would save at least 1 million Baht. It is almost impossible to fill the 51% Thai quoter in condos.