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Zeus.wmo

Zeus.wmo

Serial expat

American expat in Thailand

Forum posts

289

Contacts

2

About me

American

Lives in Bangkok

Registration: 14 August 2017

Activity

Zeus.wmo replied to a thread
9 months ago
sowo

New Tax laws from January 2024 by sowo

Good Morning folks. Steve here from Australia. In the process of organising retirement in Thailand and now hit with a change in tax laws for money sent there. Looks bad. Does anyone on the ground there have any clarification of these laws? Thanks ...

Zeus.wmo

In case anyone is interested, there are several in-depth discussions on the new Thai tax rules on the Asean Now website. Links ... Read More

Zeus.wmo replied to a thread
11 months ago
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

聽 聽 @Zeus.wmoThank you for your reply.Looks like no one seems to have experienced the 'impact' of the new tax regime Thai govt advertised.What makes a fine line between a tax resident/non-tax resident is, whether I transfer fund from ... Read More

Zeus.wmo replied to a thread
11 months ago
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

@Zeus.wmo I have read your reply. Don't I have to apply for TIN until I send any money from home country to Thailand? As only the amount remitted to Thailand from abroad is deemed 'assessable income'. (And the Thai bank interest is subject to ... Read More

Zeus.wmo replied to a thread
11 months ago
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

聽 聽 @Zeus.wmo> I will remit only pre-2024 & 2025 monies in 2025 to replenish THB accts.Is it technically possible to prove that the remittance is pre-24&25 income?聽 聽 聽 聽 -@border hopperSure it's possible. I ... Read More

Zeus.wmo replied to a thread
11 months ago
Teatowel

Tax laws. Is it happening? by Teatowel

I've just been watching some videos about these new tax laws. I was intending on renting out my apartment here in Australia and living on that money plus some savings account interest. Both are taxed here at the full rate but now I understand ...

Zeus.wmo

@JonStGood luck Read More

Zeus.wmo replied to a thread
11 months ago
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

聽 聽 @Zeus.wmoHello, Zeus,I have happened to see your聽 post related to this topic.I am a expat聽 self-funded retiree in Thailand not receiving any pension.Did you yourself:1-Experience anything where your money remitted from ... Read More

Zeus.wmo replied to a thread
11 months ago
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

聽 聽 Did anyone(expat without Thai work permit/labor income in Thailand) ever:1-experience own remittance from outside Thailand聽 was levied after January this year?2-Receive any official notices(to declare own foreign income) from Thai ... Read More

Zeus.wmo replied to a thread
11 months ago
marcson72

New Condo Purchase in Thailand by marcson72

I am looking to purchase a new condo in Thailand. If the asking Price is 15 million baht how much discount should I ask or negotiate ? Thank you so much

Zeus.wmo

@marcson72If you would be willing to pay 15MM, you could go back one more time and offer 15MM and show her the printout from one of the listing sites. She will probably say, that's some old prices. Calling the agents on the listing sites won't help ... Read More

Zeus.wmo replied to a thread
11 months ago
jubbeske

Luxury condo in Bangkok negotiations by jubbeske

My Thai wife and i live in the US.I鈥檌ll be retiring soon and we plan to spend multiple months per year in bkk. Looking to buy a luxury bedroom condo between 30M and 40M thb. Condo examples we like are the Strand, Vittorio, the Bangkok ...

Zeus.wmo

@jubbeskeI'll do my best to answer, see below:Does the onsite sale office typically only sell "empty/new" condos or does it also rep resales? They will typically do everything, from selling the new units, leasing the developer's units, leasing ... Read More

Zeus.wmo replied to a thread
11 months ago
marcson72

New Condo Purchase in Thailand by marcson72

I am looking to purchase a new condo in Thailand. If the asking Price is 15 million baht how much discount should I ask or negotiate ? Thank you so much

Zeus.wmo

@marcson72Did the sales staff tell you how much of a discount she was willing to give? Usually, they will offer a furniture package or appliance package. The problem wiith the selling websites showing a price of 15MM is probably becuase that was the ... Read More

Zeus.wmo replied to a thread
11 months ago
marcson72

New Condo Purchase in Thailand by marcson72

I am looking to purchase a new condo in Thailand. If the asking Price is 15 million baht how much discount should I ask or negotiate ? Thank you so much

Zeus.wmo

@marcson72Hello,Once you tour the development and decide on a certain unit, just ask the sales staff straight-up if they offer any discounts, and what is the least they would take if you're ready to buy today. Once they respond, then you can maybe ... Read More

Zeus.wmo replied to a thread
11 months ago
jubbeske

Luxury condo in Bangkok negotiations by jubbeske

My Thai wife and i live in the US.I鈥檌ll be retiring soon and we plan to spend multiple months per year in bkk. Looking to buy a luxury bedroom condo between 30M and 40M thb. Condo examples we like are the Strand, Vittorio, the Bangkok ...

Zeus.wmo

@jubbeskeI've been living in BK for past 7 years in Phrom Phong/Thonklor area, so I'm familiar with the condos you mentioned. A friend just bought in the Strand. One, thing to know is that the listing sites are basically advertising sites. The ... Read More

Zeus.wmo replied to a thread
11 months ago
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

On another forum, the following Question was asked:In light of the new tax rules that became effective 1 January 2024, what are you actively and seriously planning and intend to do in response?I answered as follows:- I will not remit any monies in ... Read More

Zeus.wmo replied to a thread
last year
Zeus.wmo

Tax on Foreign-sourced income remitted to Thailand by Zeus.wmo

For anyone who is interested, there is a comprehensive Tax Guide on this topic on the ThaiVisa website under the "Jobs, Economy, Banking, Business, Investments" forum. There is also a separate thread for questions on the topic. It's been ongoing for ...

Zeus.wmo

@JonStI sent message with links. I also posted link on another tax thread with title:New Tax laws from January 2024 Read More

Zeus.wmo replied to a thread
last year
sowo

New Tax laws from January 2024 by sowo

Good Morning folks. Steve here from Australia. In the process of organising retirement in Thailand and now hit with a change in tax laws for money sent there. Looks bad. Does anyone on the ground there have any clarification of these laws? Thanks ...

Zeus.wmo

聽 聽 Good Morning folks. Steve here from Australia. In the process of organising retirement in Thailand and now hit with a change in tax laws for money sent there. Looks bad. Does anyone on the ground there have any clarification of these ... Read More