ukrules

Yes, of course, if you need 40 TB then you can get it for a reasonable price unless your need isn't really a need. Just setup a RAID6 array with a bunch of 20+ TB drives and you have redundancy as well - that is my preferred config on a proper server and it can be done at home. I did notice the price of these high end enterprise class drives was rising months back. I doubt it's got much to do with AI.

There's your solution - withdraw it and use a local exchange. I'm sure they have Bitcoin exchanges, if you must trade the absolute sh@t they have on Binance then do so and move the Bitcoin from there assuming Binance continue to allow to use it. Remember, a 'ban' in any country will generally just cut off the banking system from sending and perhaps receiving wires from Binance but you can still normally use it. If you can't even use it then there are others.

So where the <deleted>'s my 60 day free entry? Russians, what a joke.

What are we talking here? Unlicensed Thai exchanges or the major foreign exchanges like Bitstamp, Coinbase, Crypto.com and Kraken?

I would just do a SWIFT transfer unless you already have a 'wise' account setup and ready to go.

Sounds like an attempted murder to me (so far, may turn into a murder) - highly unlikely this was some kind of random attack. Who is the German, obviously they know a lot more than has been released.

Yeah, and that guy in the picture definitely has at least 2 legs, perhaps more

Right, so we're in agreement- there is no withholding tax, not at the moment.

Yes, it's no different to any other income, they had plans to make it different but for one reason or another they all seem to have been abandoned. I think it would help to have a reduced capital gains tax for crypto but the plans for that have long gone. They're not taxing anything realised and remitted during non resident years, crypto or not.

That page is full of nonsense and years out of date information. It begins with this That's wrong as it's been discontinued as has the VAT exemption between certain dates, it was cancelled completely. It's hard to find any sources on this because people aren't talking about it much but the occasional announcement comes out that some government ministry has scrapped the VAT completely and the withholding tax. It's probably more widely reported in the Thai language media than English language which is why it's hard to find this information. There was also some talk of a 15% capital gain tax on crypto earnings, supposedly instead of income tax on the gains but that's also complete nonsense (not mentioned on that page), it's normal PIT rates all the way which can go to 35%.

Ask yourself, if anyone ever makes an accusation against you like this one but without video evidence, just eyewitnesses, would you expect to get thrown out of the country and banned for life? Lets just assume that in this case you didn't do it, but someone wanted rid of you and their friends are backing them up. It's getting very easy to have any foreigner removed from the country these days. That is dangerous, some of us have lived here for decades.

There's so many red flags in this article it's kind of hard to process it. Some people have seizures every day, sometimes multiple times each day, especially if they decide not to take their medication for one reason or another. I can understand that those around them are scared but for the person who suffers from epilepsy / whatever it is that causes the seizures it's a day to day thing. They don't need massaging or their chest pumping, those morons could have killed the poor guy. Had they left him alone he may well have been ok after a bried period of recovery. I had a friend who used to fall to the ground and bounce around for a minute or two every now and again while having a few beers, he had epilepsy, he just told us in advance that there's no need to do anything when it happens apart from make sure he doesn't bang his head into a wall while he's seizing......

I wonder if he went back to the UK multiple times over the years. This is not about a stolen passport, he assumed the identity of the real guy named 'Peter Smith', once he did that it would have been plain sailing for him unless the original guy noticed. Had the real Peter Smith at any point attempted to get a passport back in the UK then his number would have been up immediately, perhaps this is how they got him as they were ready and waiting for him on arrival. There's still one piece of the puzzle missing though - how did they know this particular guy was the same on who did a runner all those years ago?

It wasn't an error, it was deliberate. We just don't know why they chose to do it

Apparently it's not technically legal to buy Bitcoin and use it for a foreign currency transaction so I guess you can't do that either

I know there's a Kasikorn Bank in Cambodia and they have a branch at "67-69, Preah Monivong Boulevard, Khan Daun Penh, Phnom Penh" I did a 'Google Earth' search and it came up with this - it sure looks like a regular retail bank : What I'm wondering is if I can access the funds in my Kasikorn savings account at this branch in Phnom Penh so I don't need to carry around a massive wad of cash when I go there to rent an apartment or house in May. Once I'm established down there I'll open up a Cambodian account one way or another but initially it would be nice to have an existing bank that I can use that's Thai. Now I use Kasikorn but it doesn't need to be Kasikorn, as I'm here in Thailand I can easily pop down to the mall and open an account up with any bank in there But I'm specifically looking for a bank that makes things easy for you when you're in Cambodia. Does anyone have any experience using Thai bank accounts while in Cambodia, it's just a basic savings account that I have at the moment. For example, maybe Bangkok bank would be better in this respect or a different account type. I'd love to hear anyone else's experiences whilst in Cambodia about accessing their accounts in Thailand at Thai banks.

If they really want to get rid of this trade they should classify the main ingredient in the 'juices' as a narcotic. Making propylene glycol highly illegal would really make Thailand stand out on the world stage and demonstrate levels of forward thinking, planning and high intelligence rarely seen in the world. 😁

I believe this process is called a settlement.

Oh no, the horror.

24 years of loyal employment then you're out on your ass after 1 day They really do love us don't they.

Correct, from what I've heard and I know someone who became infected with Legionnaires many years ago - it is the water storage systems where it grows in abundance and you breathe it in while it's aerosolised. Probably doesn't sound like a familiar process to most people but it can be? People catch it while taking a shower, you can't help but breathe it in when taking a shower, if it's there then it gets into your lungs. When there's an outbreak they kind of need to find the source, where did these tourists all stay since their arrival, this is not so common that it infects multiple people to make them ill enough to be noticed on a regular basis - so there will likely be a common source for it and an epidemiologist will amost certainly be looking for the source of it.

They've been talking about this for many, many years and nothing ever happens.

This is where an underground gravity fed tank becomes quite useful - it will drip fill over hours. Our tank is full (and underground). Next door who has one of those large round above ground tanks has been empty all week as the pressure is not high enough to reach the top of their tank, so they're leeching off us for now. Plenty of 'water delivery tankers' driving around the streets today - I wonder where they get their supplies from?

Yes, the constant emphasis on 180 days to be liable for PIT by the RD themselves seems to indicate that no tax will be due on remittances but in my opinion and based on the few online seminars I've watched with either tax professionals or RD accountants / representatives you also need to be non resident in the year the profit was realised. So if you sell your some or all of your foreign untaxed assets in 2024 and remit them in 2025 then you probably better be non resident in both 2024 and 2025 just in case, or do it all inside a single year whilst non resident. But I may be wrong on that and you might only need to be non resident in the year the profit is realised - for example - sell 2 million dollars of shares in 2024 whilst being non resident, then dump all that in a new bank account showing no movement and it can be remitted in any subsequent year even if resident (over 180 days) without being taxed as it's savings from a year when you were not resident. Some solid clarification on this is required, until that comes I'm out of her for 6 months a year until I've moved all the untaxed funds I need for the next X years. An example was given in one of the videos where someone might sell a house and not pay any tax on it as it's your primary residence, the country was Canada but many other countries also tax at zero percent the sale of a primary residence. If you sold the property in January 2024, paid zero tax of course as that's completely normal, moved to Thailand in March 2024, sent eh money in April 2024 and remained in Thailand for more than 180 days - then you will be taxed on the difference between 0% and the Thai tax rate, being a house or apartment from a country where these things routinely cost $500k and up will result in a very significant tax bill, if you don't declare it then they may come looking at any point in the future - and that's the problem - people will get caught up in this in the future, perhaps 5 years down the road when they've spent most of it - and the interest and penalties will be massive.

I only intend to move back and forth a bit for this year and perhaps next year unless I get all my foreign business done this year - which is a possibility. I've never been to PH but I've been to Cambodia a number of times and it seems like a good fit, it will do for six and a bit months I think. This change in the rules comes at an unfortunate time for me as I had planned to use the previous year method to make my transfers into Thailand non taxable. In fact I could just stay in Cambodia for 7 months, so long as I only remit into Thailand I suspect that won't be an issue. Maybe I'll get a local account in Cambodia for living expenses which I can wire in from the UK. The end result is the same and I really don't care if I sit here in Hua Hin or in Phnom Penh for half a year, even if I split it into 2 or 3 trips throughout the rest of the year which is a possibility. The importat thing is that if I send say $500k (not the actual amount, just an arbitrary signifcant sum of money) then I don't want to pay personal income tax on that - the money is completely untaxed anywhere else so it would be subject to full income tax if I were resident during the year of liquidation and remittance - which is easy to avoid and I would be regretting it if I didn't make the move now. So I'm moving to avoid all doubt. Even if they reverse this decision I'm out of here for just over 6 months this year and maybe next year as well. Maybe I'll really like it over there....you never know. The decision has been made - I just need to find a nice apartment or house in Phnom Penh which I will secure in a little recon trip coming up soon. My banks think I live in England, that's incorrect but not my problem as I'm not really ever going back. My Elite visa here is all set until 2040 as well.