Ive in the past.
no, sabai sabai
good, kinda hot at times
i see not many cons to Thailand unless uve got kids cause decent education is expensive.
Thai Elite Visa holders can open banks accounts, no problem. Office that handle The Thailand elite issue documents for you to open bank accounts.
This only works if you stay under the radar. Don”˜t go to the Thai tax office and ask if you can run an US LLC in Thailand. You are not allowed to work in Thailand with an Elite or retirement visa. People got deported because closing the shop-door of their Thai wife in the evening without work permit.
Maybe.
I want to add that a special visa with work permit probably comes with an obligation to pay tax. Even if it”˜s a special rate it”˜s no more a tax free setup.
I'm thinking about paying rent or maybe buying a car, I would need a local bank account.
Makes sense. No sharing sensitive information is key.
If it's a special rate of 5-15% why not. It's way better than paying more than 30-40% in some countries in Europe.
Thailand joined CRS this year.
Collect it alongside all the other heaps of paperwork they collect lol.
I understand they report CRS regardless, to your home country, regardless of address (residence) on account, and I also don't believe i've ever had to provide a residence certificate for a bank account (and that's from a decade+ ago, and to recent ones the Government organised to be opened.