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338den

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  1. I heard that interest income from fixed deposits is subject to a 15% withholding tax but the first 20,000 baht of the income is exempted. I have a few questions. 1) Does it mean that the maximum tax return I can get is 3000 baht per year (15% of 20000 baht)? 2) Is it possible to return paid tax on interest from a savings account? Or from a fixed account only? 3) For how many years is it possible to return paid tax?
  2. Singaporean website add more questions. It says that this type of visa enters into force from 9 October 2020. and Qualifications and Required Documents are applicable during the Period of COVID – 19 Outbreak only NON-IMMIGRANT VISA-B (BUSINESS) ► This type of visa is provided for foreigners who (1) wish to conduct business in Thailand or (2) invest in condominiums in Thailand or (3) have a Thai bank account or purchase a Thai government bond with the equivalent amount of not less than 3 million Baht. ► This type of visa enters into force from 9 October 2020. ► Qualifications and Required Documents are applicable during the Period of COVID – 19 Outbreak only Please check your eligibility to apply for visa at the Royal Thai Embassy, Singapore, at Instructions for visa application
  3. On the websites of 4 embassies written about Non-B visas and extensions with 3 mil baht requirment (condo, bonds, or deposit). From MFA website: 4.2 Foreigners who are eligible to apply for visa extension and work permits at the One Stop Service Centre are: Foreigner who is an investor. - If investing not less than 2 million Baht, he or she will be granted a 1 year permit. - If investing not less than 10 million Baht, he or she will be granted a 2 year permit.
  4. Extension of stay based on the investment. Requirements: 3 million baht since 2020? Recently googled information about the extension of stay based on investments and found that now is a 3 million baht requirement (condo, bonds, or deposit). Seems it changed from 10 million in 2020. Sources: 1) Thai Embassy in Vienna https://www.thaiembassy.at/en/type-of-visa/non-immigrant-visa-b-business-and-work.html 2) Thai Embassy in Singapore https://www.thaiembassy.sg/visa-matters-/-consular/types-of-visa/non-immigrant-visa-b-business 3) Thai Embassy in Warsaw https://warsaw.thaiembassy.org/en/page/non-immigrant-visa-b?menu=60f0548f910db13e765640e2 4) Thai Embassy in Canberra https://canberra.thaiembassy.org/non-immigrant-visa-category-b-non-b/ Also, I found different info on the website of Ministry of Foreign Affairs, Kingdom of Thailand If investing not less than 2 million Baht, he or she will be granted a 1 year permit. If investing not less than 10 million Baht, he or she will be granted a 2 year permit. Source: Ministry of Foreign Affairs, Kingdom of Thailand https://www.mfa.go.th/en/page/non-immigrant-visa-b?menu=5e1ff6f857b01e00a84023d4
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