Recent content by toums

I agree with the responses from the other two OCT members. For the long term, you’re likely looking at returns of around 3%, 3.5%, maybe 4%,or even less if you declare your rental income there. The market is oversupplied, and don’t forget the earthquake that hit Bangkok less than three months...

I'm sorry, but I'm done arguing with you. It's clear that you don't understand the basic distinctions between : LOCAL INCOME / FOREIGN INCOME REMITTED MONEY / REMITTED INCOME / OFFSHORE MONEY-INCOME NOT REMITTED I believe I took the time to explain things clearly. Do your own research.

Read again, please , and make sure to distinguish between remitted MONEY and remitted INCOME. If you are a tax resident in Thailand but have an existing net worth (principal, savings, etc.) that was accumulated before becoming tax resident, then this money can be remitted into Thailand...

You mix 2 points. Remit money and remit income. Basically, in that situation, CRS doesn’t really matter. What matters is remitted income , Thailand can know whatever they want, but that doesn’t change how it’s taxed. Also, if you have multiple bases around the world, you can provide them with...

UPDATE: IBKR just emailed me asking to update my TIN. I explained that I can't provide a Thai TIN, as I have no local income and don't remit any income to Thailand , therefore, I'm not required to file a tax return there. Let's see how they respond.

Why US Vpn? just yes, since MICA, you have to be 'outside' EU countries. but no need US VPN or US residency.

I already mentioned it several times. KRAKEN still give you 6.5% on your USD (fiat) if you lock them for 30days. Otherwise 4.25%.

Then be more specific with your question. It's probably not the same if you're talking about Thailand and Vietnam, or Cambodia and Myanmar..

each client too.

What’s the point of using a local Thai bank or local exchange just to get one of their “crypto debit cards”? If your crypto gains are realized through a local Thai exchange and you're considered a tax resident, they are generally subject to a 15% capital gains tax. Additionally, by using local...

Yep same. I updated with my TH address with some brokers / banks (IBKR included), without TIN. No problem too.

Basically, no need Thai TIN in most cases.

It's actually 180days+ (not 183) in a calendar year. Yes.

Never tested on crypto.com but no problem for Kraken or Binance or Kucoin.

I would say more 20years+ Anything under 10 years is a relatively short timeframe in the stock market.