Thread: Passive income in thailand

Does anyone actively invest in thai or other equities to generate income? there are quite a few thai equities which generate a comparatively good income in today's low yield world.

Dividend yield of companies from Thailand

Good place to start but that site is not very accurate/up to date nor comprehensive/exhaustive. Gives the private investor more oppurtunities in lesser researched markets though.

^ If you got a better list then post it up.
I have been thinking about trying this for a long time but haven't been able to get enough confidence to take the plunge.

I have been told they deduct tax at source for farangs
Is that correct ?

I think it's a good idea to have a basket of equities with a reasonable dividend yield, and the SET is not expensive on earnings multiples (something to do with the non-stop political turmoil here). Rental yields are pretty good too, but Thai real estate is quite illiquid.

Originally Posted by Thetyim

^ If you got a better list then post it up.
I have been thinking about trying this for a long time but haven't been able to get enough confidence to take the plunge.

I have been told they deduct tax at source for farangs
Is that correct ?

As far as I am aware there is no capital gains tax on equities in thailand, making it amongst the most attractive worldwide.
There is a 10% withholding tax on dividends which applies irrespective whether you are thai or non thai. that is the default automatic situation, obviously individuals personal tax positions are all different.

I am not a tax adviser, please don't rely on this as gospel.

Finally...What! A discussion of contemporary investment options!.
I love it when we talk "dirty".

Originally Posted by Thetyim

Dividend yield of companies from Thailand

The "best" payer gives you 8%

Originally Posted by draco888

There is a 10% withholding tax on dividends

A 2% loss for a years risk, way to go.

Whereas the shiny metal continues to provide a real positive return. Plenty of buying and selling outlets for "cash".

Yanks are better off with a US account. Safer and many more options

^^Taxes on gambling, yes.

Originally Posted by sabang

but Thai real estate is quite illiquid.

Laymans terms?

Easy to buy, crap to sell.

Originally Posted by Lorenzo

Yanks are better off with a US account. Safer and many more options

thai stocks can be bought and sold through a US brokerage account. I have never used a thai based brokerage for purchases of thai stocks.

US persons actually have far less options in the investment universe than other nationalities because of the onerous reporting requirements which the US has enacted. US persons are not welcome in many jurisdictions any more.

Originally Posted by OhOh

^^Taxes on gambling, yes.

and buying gold is not 'gambling'?

12mnths:

S&P 500 +19%
Gold -7%

approx figures

Originally Posted by Lorenzo

Yanks are better off with a US account. Safer and many more options

Safer, but not earning any money.

Originally Posted by draco888

US persons actually have far less options in the investment universe than other nationalities because of the onerous reporting requirements which the US has enacted. US persons are not welcome in many jurisdictions any more.

Anti market-economy Volcker rule. Of course it does not mean much, everyone has gone - as it is very easy in these times - to more competitive UK or Australia, so just net loss for US - sadly

Originally Posted by draco888

and buying gold is not 'gambling'?

Of course it is but is it taxed?

Originally Posted by draco888

12mnths:

S&P 500 +19%
Gold -7%

Investment dear boy, or are you day trading? See post #15

Originally Posted by nostromo

Safer, but not earning any money.

You seem to have missed the number of brokerage houses both in the US and UK that have gone bust and their customers money, supposedly held in segregated accounts, vaporised.

Originally Posted by OhOh

You seem to have missed the number of brokerage houses both in the US and UK that have gone bust and their customers money, supposedly held in segregated accounts, vaporised.

That is a very good point. But in the end it is up to investors to demand segregated accounts - and MUCH more. I always demand segregated accounts for us, that is just the reality. 98% of Retail forex crowd, bless them (now I am like SD sorry) are not in the know. Currensee 63% long euro like some time ago

Originally Posted by OhOh

Originally Posted by draco888

and buying gold is not 'gambling'?

Of course it is but is it taxed?

Originally Posted by draco888

12mnths:

S&P 500 +19%
Gold -7%

Investment dear boy, or are you day trading? See post #15

Originally Posted by nostromo

Safer, but not earning any money.

You seem to have missed the number of brokerage houses both in the US and UK that have gone bust and their customers money, supposedly held in segregated accounts, vaporised.

no gold is not taxed in thailand. neither are capital gains in stocks. since there is no income from gold there is nothing to tax there.

no i do not day trade, hence the reason I gave 12 month figures. choosing another time period can make either one look better than the other I know.

Yes I fully agree, cant get any safer than gold in your own hand, no counterparty risk.

Originally Posted by nigelandjan

No garuntees ,, just another idea to look at

There are no guarantees, that is the bloody idea of it. No one knows where the market moves, there is that much political crap and psychological reaction. But this is the good time for imperialist adventurous mercantilist, we in the best tradition of British Empire make bloody billions when eurozone collapses. EURUSD 1.23031 as of now, tech shows going to 1.15 and fundamentals are south for europe, as much as europe is south 555 , now 1 euro is really less worth than 1 usd all things considered

EURAUD 1.622 fok europe. Aus, UK and US are just better whatever probs there are.