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I think it would be rather safer (in terms of the wife or gf leaving) to receive money from abroad as a "gift" :-) However it gifts can be used as a workaround remains to be seen (my take is they should).

Loss of potential interest on your principal, some low risk of losing the money due to capital movement restrictions or thai bank closures (highly unlikely) Disclaimer I work in risk management so I deal with risk on a daily basis.

I highly doubt that they have wash sales rules in TH as up to now they were not even taxing cap gains on a broad basis as everyone was sending proceeds in the next year. Germany does not have wash sales rule and TH is not a "sophisticated" capital market, so no wash sales rule in TH is my strong guess.

Of course you only liquidate the winners and keep the losers. No one knows if tax credit for loses will be given in TH in theory or practice.

If you are currently tax resident in TH I would recommend liquidating those shares. The only thing you can lose is the spread and comission. You can rebuy the next second if you want to. The potential tax upside is enormous. Good luck!

Minimum tax. At the end of 2021, the OECD countries agreed to subject companies with a consolidated group turnover of 750 million euros or more to an internationally applicable minimum tax. So no problem with 0% tax for startups

DTA's usually last decades. For example German Thai DTA is from the sixties. DTAs rarely get cancelled or changed.

There is one thing most people tend to forget and that is that up to 2024 you paid no income tax on your foreign earning like capital gains. So if you make 30K USD in France you have 17K left for yourself if you live in Thailand you have 30K USD still and your money lasts you two times as long in the land of the free, so pretty easy decision if you are a free man and can chose where to live.

Philippines are hassle free AFAIK, no tax to be paid as long as you are not working and not a philippine by nationality. Cambodia is a nightmare in theory tax wise, no idea however if they are enforcing their own laws. Would be interesting if a forum member could clarify what goes on in real life in cambodia tax wise.

With all due respect I have to disagree. Up to now you paid zero tax on your capital gains and you can rent a nice villa for 1000 to 3000USD. That is a decent value proposition for a lot of rich expats (besides the US guys who still have to pay tax to Uncle Sam). A lot of people live in Monaco just for the privelege of not paying income tax on their cap gains. You tend not to see the "rich" guys in TH because they prefer not to be seen and if you see them you would not think they are rich (aside from some expats).

Thanks for your post! Sorry I missed writing that I am looking for a 6 month+ rental so booking.com is not the best website to rent longterm guess. Thanks!

I am looking for a gated community in the PH where each villa has a private pool or is very close or on the beach. Hate living in a city was thinking of Moalboal, Bohol etc. Either there are no options (or I am unable to find them) on the internet for rentals of such higher end pool villas in the Phils. Thanks!

Only reason left for me for an LTR is the tax savings if these savings really come to pass. I concur that an investment in bonds is not a really great idea. Maybe I go with OA and realise some gains in the 2 years but then again as they are not transmitted for obvious reasons I do not have a tax declaration from TH to qualify for the LTR

Thanks for your post! Your post saved me a lot of times! Not in my wildest dreams would I have considered what you described. My idea was to come up with a bank statement where I show 1 or 2 trades with 80K gain. A german tax declaration is not understandable even to a German and does not show any cap gains as they are handled at bank level. Another gentlemen in the tax thread described that they asked him for every! account statement since account opening which was in his case 30+ years old but then they relented. I think my way forward is either with the defacto 2 year OA Visas and then LTR or go for the Philippines. Thanks again!

Thanks for your post! As I do not draw a classical pension I cannot use such a letter unfortunately, neither do I have a condo. This whole nonsense about income does not make much sense but TiT and immigration. I am very interessed to hear how you invested in TH bonds (bank, broker in TH etc) and what the costs and interests is. Thanks!

It was more of a rhetorical question but thanks you are in the right UK does have non dom status!

Some people do understand the possible risks better or if they are at risk at all. Some people learned how to get around the tax with gifts to their wifes etc.

Pls read your post again. First you state that you consider it highly unlikely that TH implements a unique method in taxation. Then you state key difference (to all other countries) is that TH taxes only money remitted into the country which makes it exactly that, a unique method. Which other countries tax remitted money?

Just ignore 2 people in this thread and all is good ;-)

Embassy in germany even did not accept a brokerage account for an Oa visa back in the day. The fixation on income ist ridicoulous but nothing we can do about as tit. We are forced to pay taxes in a high tax country just to proof income. Some countries, germany included only have a witholding tax and no formal federal tax proof so again no formal proof of income in the case of cap gains. Boi said maybe they accept it.

Thanks for yor post! The problem with the cash flow line of reasoning is that cash flow does not equal the willingnes to spend it. It is not even about cash flow as I explicitly asked BOI do equity sales count towards to 80K goal and they said no, only gains count as income. So far only about 1000 application for wealthy pensioners ltr visa, the reason is obvious.

Thailand just announced that they want to know who holds TH financial instruments via clearstream. So if a thai or a westerner holds a thai share or debt instrument in a western account TH will know you by name. Majority of banks uses clearstream to book all financial instruments. I think this targets the rich Thais. https://www.clearstream.com/clearstream-en/securities-services/market-coverage/asia-pacific/thailand/disclosure-requirements-thailand-1280830

You are aware that your calculation only applies if you do not have to pay for example like 100,000 USD p.a. in taxes? Guess you are not...

Anyone who feels undertaxed can donate to the tax authorities anytime. I sure hope jaywalker2 is doing his fair share? Reminds me of this joke: Two communists sit in a bar! Like if you had two houses you would give one to me, right? " The second one thought about it for a second and said "yes, of course." The first man then says "if you had two cars would give me one?" The second guy says "yeah, sure." The first guy then says "what if you had two chickens would give me one?" The second communist immediately says "No." The first communist gets very confused and upset. "But you said you would give me a house! You said you would give me a car! But you wouldn't give me goddamn chicken!?" The Second just looks at him and says "well you see, I own two chickens.

No one knows maybe they thought it to be imossible to be 48 and have a pension or sufficient money to not bother to work... I also wonder why they are fixated on pension income instead of wealth being sufficient. Why do I need to show income if I show already 1 M in assets, no one knows. I know a lot of guys that invest for decades without touching their money apart from 40K USD per year. Alas they are ineligble for LTR wealthy pensioner because they cannot show 80K USD income.