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Thai budget deficit + CRS & FATCA = worldwide taxation. They want more money.

TPC manipulating with extensions in August, then bringing new expensive memberships, and now comes government with worldwide taxation? No, thanks.

I made a mistake, 0% is up to 150k THB.

Tax free up to 500k THB...

https://web.archive.org/web/20230000000000*/https://www.thailandelite.com Thailandprivilege.co.th is their new address since a few weeks ago.

This goes hand in hand with applying CRS/FATCA in Thailand. Teritorrial tax game over.

What exactly is remittance for them, international wire transfer? What if you bring cash in Thailand or pay groceries with foreign debit card, or use Wise which does local transfers to Thai bank account? Last edited: Sep 15, 2023

Did you have business or personal account? What do you think was the reason for closure? High risk countries, AML, crypto...?

Nope. Thai Elite (PE - privilege entry visa) doesn't give you any tax benefits. It's just a permission for long term stay that gives you an option to make permanent homebase (and tax residency) in Thailand.

So is everybody WITHOUT Thai Elite visa (tax non-residents, tax residents who don't remitt in 1 year)...

Maybe things have changed. Two months ago at Chaengwattana: https://m.facebook.com/photo.php/?photo_id=3496284247365154

In Bangkok you can't. You have to do at least one 90-day report first (since last entry to Thailand) to get residence certificate.

How did you get your lease? Is there a website or app where you can lease condo online like booking.com is for hotels?

Here they say https://thailand-elite.com/what-is-a-residence-certificate-and-how-to-get-it/ that you also have to stay 90 days, do one reporting, and have lease agreement in order to get residence certificate?

@churumbelo does your bank statements shows your Thai address? Regarding address documents, do they want to see Tm30 or residence certificate or lease agreement?

It's funny how HMRC sees their mission of tax parasitizing with advanced technology, as high added value to society.

Can you explain point 2. a bit more? You transfer ownership of your assets to trust/company/person, but what are the ways you can get any money out of this structure with/without any tax? That person can give you gift or cash at 0%, but what about trust/company? Every advisor/expert leech works...

Was that after or before 31 March 2023? As they have new stricter rules in place since then. How long was your lease contract, 12-months? Did you terminate your lease after two months?

Don't give them the choice to improvize, that is the point. Figure 13., page 75. https://www.oecd.org/tax/exchange-o...e-of-financial-information-in-tax-matters.pdf

Standard procedure as everywhere. No need for panic. No. Whole indicia must be valid, together with residence permit / longterm visa.