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Thanks for your post! Could you kindly elaborate some details of your investment in Th government bonds? Is a foreign bank acceptable as correspondent bank? What is the yield of the bonds, is it ok to buy 1 year bond? Thanks!

Thanks for your post! It was my understanding that so far realized cap gains were a kind of grey area if acceptable as income. Glad that now this is clarified. I am hoping that they accept bank statements of the realized gain. It states cap gains must be in the same year as the application so that would make the bank statement the only possible documentation as usually the income tax declaration is in another year.

Ouch I would not invest 500K USD in Thailand... just my 2 cents as a guy with no ties to any country.

Is that common in Thailand? Thx

Thanks for your reply! For the WGC the website also still states 80K USD yearly income for 2 years. On the WP category it now explicitly states 80K realised cap gains/dividends etc is acceptable which is great.

Thanks for this great information! This info is however not (yet) reflected on the website. So what would be the new requirement, 1M USD for wealthy pensioner? https://ltr.boi.go.th/ I was hoping for the 80K nonsense to be cut a long time ago. 1 M USD should be sufficient to cover all expenses for 5 years in Thailand 😉. They just demand 800K per year for the extension of stay so 1M USD should be enough. Thanks again!

Only some people care about this nonsense. If a black guy tells me "white Men Can't Jump" so what? Besides he is right most of the times 🙂 The only problem is when you tell someone there is not any white man that can jump, that is simply factual wrong. Like when I see a 7 foot man I assume that it is likely he plays ball. Same when I see a bodybuilder likely he is not an m.d. it is simple probabilities. Vice versa it works even more a thin guy is not a body builder and only very few m.d. are Body Builders. So chill

Fully agree it is a disgrace for Australia to have such high electricity prices as AUS is full of natural resources where Germany has close to none. Supply fees also exist here plus a ton of taxes and other nonsense added to your bill. Average like 15USD -30USD per household monthly fee just to be connected to the grid.

There are contracts here in Germany were you have to pay over 60 US Cents per KwH in a fixed contract. Pretty sure AUS cannot "beat" that. The lowest you can get is around 31 US cents.

In Germany there is now a fasttrack for asylum seekers to get a citizenship and a German passport within 3! years of arrival... Not only has a Germany now the dumbest energy policy of the world according to the WSJ GER also have one of the laxest immigration laws in the world. Of course Germany has the highest welfare payments in the world as well as the highest taxes.

A lot of your posts were about the obligation to file taxes in TH, is/was that scaremongering too? I would say no as you pointed out something that could very well happen but others considered it ludicrous and scaremongering. This should be an open discussion of adults IMHO.

183 days and yes they tax ww income on paper (but apparently no one cares if you do not file but that is just hearsay I heard)

Why is it that you keep insulting others? It does not help your argument.

It could very well be a bubble! Does anyone have any insight how much the developers are actually paying to build those villas? In Hua Hin they are also building pool villas like crazy around Soi 112. A friend of mine was however not able to sell his 5 year old villa and is now renting out instead. I do not trust those developers at all claiming that their villas have sold out. It is beyond me that anyone would buy a villa that is not yet fully constructed as I have seen abandoned projects everywhere in Thailand. The biggest problem for me however is that I cannot own the land the villa is built on. All in all you are investing in a country with no real independant jurisdiction IMHO. On the other hand there are more and more people willing to reloacate to Thailand full time and prices are about half regarding property vs Europe and even lower for US or AUS guys/gals.

I was accused several times of scaremongering too. It is only you Chiang Mai and Mike lister that accuse people of scaremongering. (Pun intended)

The darkside is a great place to live if you do not go out partying every night, I fully agree! I really enjoyed living at the darkside.

FYI officially Cambodia taxes the ww income not just the remitted income. I understand that currently this is seldom if ever enforced however the potential tax bill could be far bigger in Cambodia.

If you have a condo in Thailand and do not pay taxes what do you think will happen? Next time you step on the ground in Thailand you will have either to donate a BIG brown envelope or you visit the BKK Hilton. Key board warriors turning into desperados is usally a bad idea.

Thanks! This is something we westerners tend to forget. These guys (chinese, russians, etc) they tend to buy a thai condo not to make money or save money they buy just to get money out of their home country as they are afraid their government will confiscate their money at home at will.

Goebbels was a socialist, Hitler not so much. Did you read Goebbels diary? Goebbels more and more went away from socialism the more Hitler talked him out of it. The distinction for the German Nazis was Marxism (in Russia) and socialism in Germany. I agree however Nazis and Socialists are/were very close. The opposite of Nazis are libertarians like Hayek not socialists! VIVA LA LIBERTAD CARACHO!

I was looking for rentals would not know about sales. For rentals it was even more then 90% that were duds. When asking on the phone they would instantly tell me "no longer available" so they knew right away.

Reasonable would be zero as the gov wants to collect taxes, however most agents want 10K, one wanted 5K and ripped me off and provided nada.

Thais have a lot of time on their hand so they do not really care about time as we westerners. All they care about is getting a commission.

How did you apply online? I am still hoping that I could get an online Thai Tax ID while not being in Thailand currently. I need the Tax Id for 2022 in order to get a thai tax certificate. One agent ripped me off and I still hope I can avoid another 10K for a Thai Tax ID. I need to get one in 2025 as the option to file for taxes run out in Thailand IMHO in 2025 and in Germany as well in 2025. Thanks!

I never had problems with AIS regarding international traffic always had 1 GB/s in 2022. Over the whole of 2022 I had 30 mins downtime in all the year due to severe flooding.