Anonymous participant 836 elite provides a concierge service to assist with opening a bank account

In the last few weeks I’ve noticed a delay in Wise to Bangkok Bank transfers also, generally for larger amounts though. I transferred 100k yesterday and it took about 12 hours. Transferred 650k a few weeks ago and it took about a week to clear.

Lawyer isn’t really going to help, but they will gladly take your money though.

Why is it always an anonymous user reporting DTV issues?

Just wait it out. Personally, if I was in tax resident status and not actually earning money here I wouldn’t get a TIN or file anything until I was forced to. These changes are for catching high net worth individuals who are evading taxes, not your average expat.

Why don’t you move somewhere cheaper and more conducive to having a dog? Samui is notorious for cost and housing issues.

Just wait and see, no need to panic.

@Wannikea ********

you are making yourself wide open to extortion if you travel with that much cash - not recommended.

If the money is hitting your Thai bank account and you are here longer than 180 days then you are obligated to report it. That doesn’t mean you have to pay taxes on it though. Best to ask a tax professional though.

Be aware that local banks will likely start reporting significant money transfers soon to tax authorities to bring them in line with international standards. There is a huge push now to crack down on money laundering and to a lesser extent tax evasion. Pieces are being put in place to automatically identify violators in the near future.

> use only trustworthy agents with no business ties to Chinese nationals

Good luck with that.