BillStrangeOgre
Member-
Posts
496 -
Joined
-
Last visited
Content Type
Profiles
Forums
Downloads
Everything posted by BillStrangeOgre
-
I when to Siam Paragon and found Betrend on the 3rd floor. They had the Indafix fabric dye in the stationary dept. 85thb a sachet. Cheers
-
Unfortunately I can't order online with a foreign bank card. Any physical shops? Cheers
-
Hi, can anyone recommend somewhere to buy clothes dye in central Bangkok? Thanks in advance Bill
-
True and the tax man could probably make a good case for claiming I am a UK resident for tax purposes. My funds will be coming from profits (hopefully) trading crypto currencies this year on a foreign domiciled exchange. No way the taxman would have any idea about that unless I repatriate the funds to a UK bank account. The problem is opening a non UK linked bank account outside Thailand with all the KYC. I can do that here in Thailand relatively easily
-
Reading the Tax Guide... TAX RESIDENCY 21) If you stay in Thailand for more than a cumulative 179 days, between 1 January and 31 December each year, you will be and always were considered to be Tax Resident in Thailand during that year, almost entirely regardless of the type of visa you have (special tax exempt classes of visa excluded). It doesn’t matter that you may be Tax Resident in your home country or elsewhere or that you pay tax in those countries, Thailand will still regard you as Tax Resident. Tax Residency and Immigration status (and the visa you hold) are different things. Tax residency is based solely on the number of days you spend in Thailand. A day appears to be counted using the entry and exit stamps in your passport, unlike many other countries where it is determined by where you are at midnight. The number of days counter reverts to zero, on 1 January each year. So, theoretically if on a Type-O or a Type-OA for reason of retirement and I don't spend more than 180 days in the country, then funds I import into Thailand and placed in a sterling bank account here are not taxable?
-
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
Thanks for that And thanks to everyone who replied. Some great info here...cheers -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
Thanks. Seems like quite a complex procedure, with a lot for me to consider before I decide to go ahead. Not least that I will be dealing with immigration at CW, costs are increasing I've heard, then there's 90 day reporting which can be done online? Is the renewal process after 12 months fairly easy in comparison? Thanks again -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
I'm assuming immigration will accept a bank statement from the day before if you have an updated passbook (including original) with the certificate of balance 800,000thb and proof of 100thb paid in, same day as the application is submitted? -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
I've just noticed that there's a requirement for my passbook and deposit certificate from the bank to be dated the same day as the application. How does that work? Will the bank do all the necessary in the morning to allow me to submit the application at Chaeng Wattana in time, same day? Cheers -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
Thanks, didn't see this before above posting -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
Thanks for that. On the one year extension and with the re-entry permit in hand before I leave, how long can I stay out of Thailand before the extension is voided or is valid if I stay out until the extension is finished...just want to get some sort of timeline. Thanks again -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
Okay, didn't see this before posting above. Cheers -
Extension based on Retirement
BillStrangeOgre replied to BillStrangeOgre's topic in Thai Visas, Residency, and Work Permits
Thanks for all the replies everyone. I already have a Thai bank account. One area of concern is the requirement to have the 800,000thb in my account for a full 3 months prior to the extension being granted. How does that work if I can only stay 3 months when I enter? Another quick question...Once I have the 'retirement' visa, if I leave Thailand how long can I stay out before the thing is no longer valid? Thanks for taking the time to answer these questions which I'm sure have been asked a million times before. Bill -
Hi, I'm a 67 year old Brit who's thinking of applying for an extension based on retirement. Firstly, I'm here on a 30 day permission to stay. I will extend for another 30 days in a few weeks then leave for Seoul, S.Korea for month in April. Is it best for me to return to Thailand on a visa (tourist?) and then begin the 'retirement' process? Is there somewhere I can get comprehensive information of what I have to do (paperwork, requirements etc) to become retired here in Thailand? Thanks Bill
-
I've been using Halifax Clarity card for years and was always impressed with the no charges for foreign ATM withdrawals. Although I don't make ATM withdrawals in Thailand as no way around the local charges. The exchange rate was always good, even beats EX.com spot rate so shocked to hear this. I tend use my Monzo card to make payments when outside the UK and I'll use the Clarity card online. I use Wise to transfer funds between my UK account and my Thai bank account but I recently heard that Wise has been blocked for making card payments in Thailand but can't personally confirm this
-
What's the deal with bitcoin now?
BillStrangeOgre replied to Farang123's topic in Cryptocurrency News
The larger a market becomes (capitalisation) the more money it takes to move it one way or the other (volatility) And yes, as more money flows in that means increased demand and prices go up. But a percentage of that inflow will remain in the market. Not everyone sells when prices go down. Over time the market gets larger and therefore it takes ever larger volumes of selling or buying to move the market. Less volatility.