@Joseph ******

Which is why he wrote “talk to her” and “many people”… I’m sure you can read that. 😉

@Janin *****

It will be a nice daytime job trying to find new health insurance at that age…

@Graham ******

by the boogeyman 😳

@Nick ***********

Only for people with foreign investments.

It’s not about incoming cash - It’s about generating more investments in Thailand rather than foreign.

So first they created tax ruling to impose better taxation on results from foreign investments. Then they figured the ruling had an adverse effect because investors would simply keep their money abroad rather than investing it in Thailand.

So now they relax the same ruling, but only for foreign investments, so it seems. Unfortunately leaving (some) expats like us in the middle.

@Paul **********

… because Santa said so… 🤣

@Tony ********

Maximum transfer to Thai banks is 2mln baht for Bangkok Bank and Kasikorn. SCB takes max 1.5 mln.

The other max 50,000 baht per transaction.

@Will *****

emotional nonsense. what youtube video have you been watching?

@Poul *********

Withholding tax can, under circumstances, be reclaimed when filing annual income tax, provided you are tax resident.

Obviously that depends on the tax rate threshold that would apply to you.

@Brandon ***********

Ah! I misread…

I read “home country embassy” as “the embassy in my home country”. That would, in the given case, obviously be the Thai embassy in the USA.

@Brandon ***********

Actually, legalization of documents does occur in the home country.

I can’t speak for USA, but in Netherlands you first go to a legalization office of the government (Ministry of Foreign Affairs) who validate the document and the stamps/signatures on it and then go to the Thai embassy in USA to validate the signature of Foreign Affairs.

It works exactly the same the other way, when you want to validate an official Thai document for use in your home country.

So, in short, yes you need to visit the Thai embassy in your home country.