If you good man, you buy me gold mak mak
I want to buy a gold chain for a special friend on my next visit nothing too fancy, maybe 2 baht (1 ounce). How much should this cost me in a big red gov-approved shop in pattaya? Are there any tax reductions I can take advantage of? How much will it get if he decides to pawn it (which I don't mind one bit)
Many thanks
Some Background Information
A good site if you want to understand a bit more about buying Thai gold.
gold.yabz.com/index.htm
Another resource page:
www.belleaircoins.com/coins&things/essays/highkaratgold.htm
I generally go to a trusted shop and only buy for someone very special. Expect him to pawn the gold after you are gone, especially if times get bad (eg rent due and out of work, Mama's cow dies, etc). Gold will be his emergency savings account.
It's hot enough to melt the balls off a pawn shop!
Some actually get it out of pawn.
If he likes it well enough, he may even do it himself.
Re: If you good man, you buy me gold mak mak
Quote:
Originally Posted by objective
...Are there any tax reductions I can take advantage of? .....
Does anyone have answer to this question?
I bought a gold chain on my last visit to LOS, but didn't think of getting VAT refund....is gold chain qualified for VAT refund?