What a stupid statement that is thank god you are nobody who has their opinion although how bad it is. We don’t need more poverty in the world, India, Russia, China, South Africa the list goes on and you make a ridiculous statement. Its actually dumb
Just for clarity - while the Common Reporting Standard (CRS) is an initiative of the OECD, membership of the CRS is not the same as membership of the OECD. A quick internet search suggests that CRS has 120 members whereas the OECD has 38.
@@RootRoot-dp2em Thailand aka a certain person with off shore holdings does not want a certain other nation having the possibility of "grabbing" assets when the wind changes direction. Hence the hedge.
You say nothing will change yet recently bank's have recently stated under 50's will not be able to open bank accounts without buying the insurance. I have been here 20 years and turn 50 this month, it doesn't affect me but I see it is a shift in attitude. Who knows where it will end?
2 years ago i opend 3 bankaccounts,i denied by all the insurance, i said to them,this is not an obligation for open a account. Then they stopped talking about anymore!!!
Chasing off retirees will cost Thailand tens of billions of baht per year fairly quickly.
Thailand/South East Asia would do well to stay Far far away from any western Programs.
What a stupid statement that is thank god you are nobody who has their opinion although how bad it is. We don’t need more poverty in the world, India, Russia, China, South Africa the list goes on and you make a ridiculous statement. Its actually dumb
@@conthrust Thank you for your Reply Cornpop, The west is finished BTW.
Thank you for the great content Ben.
Just asked my BKK Bank...no any official instructions by government about taxes
Thanks for keeping it real
Thailand have now officially joined BRICS possibly reducing impetus to join OECD.
Thank you for this information, I am looking to retire in Thailand 🇹🇭
Just for clarity - while the Common Reporting Standard (CRS) is an initiative of the OECD, membership of the CRS is not the same as membership of the OECD. A quick internet search suggests that CRS has 120 members whereas the OECD has 38.
As stated here in this Vlog..Foreign interference in Thailand with Government and the banking system...I
@@johneverett6751you believe all the shit from this “ lawyer “. He is clueless
BRICS have accept Thailand into the BRICS grouping. According the Bangkok Post!
As a Partner Country. Not as a Bricks Member. There is a big difference
@@RootRoot-dp2em Thailand aka a certain person with off shore holdings does not want a certain other nation having the possibility of "grabbing" assets when the wind changes direction. Hence the hedge.
@@RootRoot-dp2em one probably leads to the other. From the press, Thailand seems ready to accept Tarif's from the US as a result of this.
Thanks for the update and happy new year.
You say nothing will change yet recently bank's have recently stated under 50's will not be able to open bank accounts without buying the insurance. I have been here 20 years and turn 50 this month, it doesn't affect me but I see it is a shift in attitude. Who knows where it will end?
I am over 58 with OA visa and no banks exept one did want to open an account for me...the bank that did it sold me the insurance
Thailand is a past paradise now is a nightmare paperwork country where stupid decisions are made nearly daily!
Insurance for all over 55s is coming.try getting it at age 75+.make sure you have a plan B
@@Shannbkk Good luck in the land of nonsense! I am out for a few years now and will not return :)
Thailand should join the space program and spend 53 trillion $ going to Mars.
What about Thailand joining BRICS on Jan 1? I’ve heard and read several things stating Thailand joined BRICS as of Jan 1 25
Good question
Thailand became a BRICS partner and not a member, partner is akin to being an observer but not officially part of the BRICS bloc.
Nobody has heard of CRS or TIN in UK. In Singapore or others. HK dropped it after a couple of years
My bank in the UK wrote to me asking for mine
Seeing as my Thai bank sent me a FATCA form, how am I to know it is not mandatory?
I opened a bankok banking acc.5 years ago i needed to buy insurance.i thought what is this.5,000 bhat.im 70 this year.
2 years ago i opend 3 bankaccounts,i denied by all the insurance, i said to them,this is not an obligation for open a account.
Then they stopped talking about anymore!!!
WEF? That's why PM visit WEF and it was on order from ?
Thailand have now officially joined BRICS possibly reducing impetus to join OECD.