Search results

Seems to be reliable cash-out + bank account opening service. https://twitter.com/x/status/1780204156793348513

It should be correct if you can document the 100 capital was earned prior 01/01/2024. I'd rather avoid declaring anything and favour remitting large amounts in a year you are not tax resident or tax exempted.

Until you sell you have no (Fiat) savings, just unrealized gains on stock assets. Stock sales made prior 01/01/2024 will be tax-free when remitted in Thailand. Stock sales made after 31/12/2023 will be taxed (unless exemption) when remitted in Thailand in a year you are tax resident.

I've read reports saying that 12 months passive income history was OK. You should definitely ask BOI directly explaining your situation, you may find out they could be more flexible regarding their requirements. This is Thailand.

Why do you need an official tax residency? If you don't meet any of the 3 France tax residence requirements you have nothing to scare about. As long as you can prove a residence address in Thailand (by lease or title deed), France will consider you as Thai resident. The point that some years you...

Foreigners can own condo as a freehold in Thailand.

People who want to settle down in Thailand may prefer to own the place they live in. Putting money in a well selected property is not worse than throwing cash in rents, hotels and Airbnbs. We're talking of $500K on $10M that's only 5%, I assume the extra yield on $500K will not be missing. Need...

If I had 10+M liquid, I will always choose the option that drastically mitigates planning headaches and admin burden. The more money you have the more you should be able to free yourself from rules and controls. But, that's just me.

Yes if you meet the requirements (employment contract, working experience,...). Overseas income tax exemption is a huge benefit you won't get with Investor/Elite or any other type of visa. Again, for THB 50K LTR visa grants 10 years residence permission in Thailand (multiple re-entry permit...

Investment requirement is US 500K combined in either Thai government bonds OR direct investment in companies registered in Thailand OR Thai property. As I said if you do properly your homework buying a well chosen spacious condo unit in Bangkok, you won't lose money. It's a home you stay while...

If I were you (late 30s, 10+M net liquid net worth willing to settle and get residence in Thailand), I would simply go through the LTR visa Wealthy Global Citizen route and get the tax exemption benefit on all your overseas remittance + all other privileges. Regarding requirements, can easily...

Declaring tax in Thailand is a double-edged sword. As you say, they may leave you in peace as they see you pay some tax but, as you are in the system, you might end up being in the first line of the randomly audited ones. Thais always take the easiest path, if you do not appear in their tax...

Rather rely on the Revenue Department official announcements than any law firm interpretation, however if you read further Mazars (as you quote them) they have relayed the 20 Nov RD announcement as well, clearing all foreign-sourced income earned prior 01/01/2024 from tax...

This money will be taxable when remitted in Thailand in a year you are TH tax resident unless exempted (DTA, ...). If it's money earned prior 01/01/2024 it's not taxable when remitted, else same answer as above. Tax on foreign-sourced income is triggered on remittance only and if you are tax...

Any income earned from 01/01/2024 will be taxable when remitted in Thailand in a year you are Tax resident in Thailand (unless exempted: DTA, gift, inheritance, ....). If you remit money in Thailand to buy say property in a year you are not Thai tax resident then remittance is not taxable...

JEPQ or the new ones GPIX and GPIQ from Goldman Sachs that sound more promising:

Not for now.

Well it's not impossible but clearly not easy to find out, especially for Thailand lacking enforcement will. However, if your crypto are held on an offshore CEX/broker it's definitely not in Thailand with proof. Risk is "not your keys not your coins".

I'm not sure I'd like to try the fake invoices route in a country such as UAE... risking life changing repercussions.

Crypto held offshore does not mean a cold/hot wallet you have with you. It means crypto held on a CEX/company/wallet located outside of Thailand. These crypto proceeds are not taxable as long as not remitted into Thailand as per Sherrings statement.