Kevin ********
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Kevin ********
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Kevin ********
@Toni ******
no, legislation was passed I believe to do with money laundering, that included the opening of new accounts and how they are opened and by whom. So tourists became a problem.

This year alone in the 1st 6 months they shut down around 400,000 suspect accounts for various resosns.
Kevin ********
@Toni ******
yeah was easy a year ago. Since June this year rules are being followed. So definitely not easy now.
Kevin ********
@Karan ***********
then they are lucky. Because Tourist Visa, DTV etc are notoriously difficult to use for bank account since June this year.

With agent still possible, but that’s not really a good way to open an account and head office could close it.
Kevin ********
@Karan ***********
not that simple, laws changed and are being followed now.
Kevin ********
Pay tax where you earn which is Germany. I guess you could opt for the second option but it would just mean more paperwork anyway.
Kevin ********
On your own unfortunately. But child will be ok as a dependent.
Kevin ********
It will be 500,000 thb at current exchange rate. That fluctuates, so make sure it’s more. 😉

And always double check with the embassy you apply to. As they may be fixed in currency as well.

Rule of thumb will be 500k though
Kevin ********
@Greg *******
oh I bow to your mighty intellect and wisdom of thinking you know more than others. You must feel so good trying to put others down which by the way is all you have done. I commented on what the rules are about a specific situation. Which by the way IS right. But whatever.
Kevin ********
@Greg *******
what makes you think that? I mean it’s a big assumption to think that. Just because I’m British I have never filed a tax return anywhere else?

Actually I have to file in the UK, Australia, Norway and next year in Thailand.

As for what I know, probably a lot more than you right now. About many things.

I mean the fact that you actually believe you are not responsible for getting the tax wrong if you are paying a specialist here is laughable. Haha
Kevin ********
@Greg *******
well then, you already know. But don’t be so sure about where you stand. As the laws are constantly moving so any money you bring here will definitely be taxable or at least reportable. But they are definitely looking to change that to all income regardless of bringing it here or not.

And there are many many people that will read this and be educated. So it’s not just about YOU.