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non interest bearing accounts

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What are the tax implications for US citizens leaving money in a Thai bank account?

Oct 18, 2020

4 years ago

ORIGINAL POSTER

Question regarding opening bank here as a US citizen. I had to do the W9 form. The bank person said the US government will tax me based on the money I leave in the bank. I just wonder how does it all work. Will the tax be on the interest amount or the total balance amount? 

Thanks in advance

US Tax Laws FBAR Thai Bank Accounts Interest Income Expat Financial Regulations Non-Interest Bearing Accounts International Tax Compliance

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Will my old Kasikorn savings accounts still be valid for a Non O Visa deposit after 9 years of inactivity?

24 comments

2 years ago

Why am I not receiving interest on my O-A visa bank account in Thailand?

15 comments

3 years ago

Will transferring my 800k to a different account in the same bank affect my Non O - Retirement visa?

12 comments

a year ago

Can I use a fixed deposit account for the 800k requirement for a Non-OA extension in Thailand?

23 comments

4 years ago

Does the 800k requirement for Non O extension need to be in an active bank account or is a time deposit acceptable?

12 comments

a year ago

What are the requirements for bank accounts when renewing an OA Retirement visa in Thailand?

7 comments

3 years ago

What interest can I expect on bank accounts in Thailand for my visa requirement?

37 comments

2 years ago

What are the best banks and accounts for expats to earn interest on visa deposits in Thailand?

27 comments

3 years ago

What interest can you expect from a Thai bank account?

89 comments

a year ago

What documents do I need to open a bank account with Bangkok Bank as a non-immigrant visa holder?

48 comments

7 years ago

Can I place my retirement visa funds in an interest-earning account in Thailand?

10 comments

2 years ago

What should I do if the balance in my fixed deposit account shows as 0 during immigration checks in Thailand?

21 comments

3 years ago

What type of bank account is required for the ‘Married to a Thai Spouse’ long stay visa in Thailand?

7 comments

3 years ago

Can I use the same bank account to maintain the 400k requirement for my non-o visa extension based on marriage in Thailand?

7 comments

8 months ago

Can I open a bank account in Thailand with a Non-O visa?

22 comments

7 months ago

What are the requirements and fees for opening a USD account with Bangkok Bank or Krungsri in Thailand?

3 comments

2 years ago

What documents do I need to open a bank account in Thailand with a non-OA visa?

21 comments

3 years ago

What are the experiences of expats opening bank accounts in Thailand?

15 comments

7 years ago

What are the easiest bank branches in Nonthaburi for opening a bank account to extend a NON-O visa for the first time?

10 comments

2 years ago

Should I open a new bank account in Pattaya for my Non-O visa needs?

20 comments

a year ago

Can proof of funds for a visa in Thailand only be shown via a chequing account instead of a fixed account?

0 comments

6 months ago

Can I really obtain a Non-O retirement visa in Thailand without opening a local bank account?

109 comments

6 months ago

Can the 400,000 Baht required for a Non-O visa extension be in a Thai savings account or does it need to be in a current account?

2 comments

4 years ago

Can I use a fixed account passbook for my Non O-A visa annual extension in Thailand?

10 comments

2 years ago

Can I open a bank account in Thailand with a non-B visa without a work permit?

13 comments

7 years ago

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