Recent content by blanco

Correct me if I understand this wrong. Today: basically as long as I trade stock/crypto etc on foreign exchanges, being a tax resident only in Thailand (moved out of my country 20+years ago) I could send any profits to my bank account in my home country without paying any tax? Legally...

Alright I'll just buy gift vouchers for my crypto then and do f2f cash

Does UAE share info like CSR? I know UAE and Thailand has a DTT, however I haven't read it yet and I assume with lower taxes in UAE I would have to pay the rest in Thailand. So only way would be an offshore bank in the Caribbean that doesn't mind fiat coming from a crypto exchange?

Sure I could stay out of Thailand for 180 days, but it's not that easy for me and I need somewhere to withdraw to FIAT to pay for things.

Is there an update on the situation in UAE? I'm more or less in the same situation as OP. Having tax residency in Thailand and with new regulations from 1st Jan and now also the possibility of taxation on ALL income abroad no matter if it's transferred to Thailand or not, I'm looking for...

Read a few of your posts. Unsure if you are still active here? Interested in discussing an idea of starting a company in Dubai to obtain tax residency and would need help if the idea is viable. Please shoot me a DM if you are still here. Thanks

Term deposit? You lock your cash for a specific time for increased interest rates Ok Understood Yes all is outside of Thailand So basically just transfer amounts that has been sitting idle would be better and hope they do not catch other amounts in your wallet. I had a wallet hacked and...

Thank you for excellent explanation. I have a Kraken account and also Bitstamp so it's all good if needed. I'll probably try to do P2P meetup if it's money I can't show has been there from before 2024. But then again, I wonder, back to my original questions above.. As far as I understand the...

What's the difference from let's say sending USD from Kraken -> USD account in CitiBank/UOB -> Convert to THB I assume having a foreign currency account will trigger the same issue when you convert to THB as if the transfer came from abroad?

I don't use Binance, but just think of it as a possible way for getting occasional cash into TH without questions. I guess Binance's move to set up a new crypto exchange in Thailand is still on the table despite all the fud around them

does Binance still offer P2P services for Thailand?

You can join this telegram community and ask for P2P in Thailand https://t.me/SatoshiSquareBangkok There is a website that accepts crypto for gift cards as well. At least you can use it to get food;) https://www.bitrefill.com/buy/thailand/

Have a look at Labuan territory in Malaysia. Maybe it can work out for you.

Yes, there seem to be a lot of Chinese gangs going on nowadays. I read a Reuters report the other day of a Chinese mafia/scammer connected to the Thai police (shocker.. I know). Link below Crypto scam: Inside the billion-dollar ‘pig-butchering’ industry I would say 99% of the people I knew in...

I don't use Bitkub anymore since they started asking for video interviews, more paperwork on source of funds etc.. But there is a large community of P2P (I call it "OTC") you can do.. just meet up and transfer crypto for cash. I used to have a Binance card where I would just transfer in money...