Everything posted by stat
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
One one would expect the real estate agent to be a professionalist that values customers time, but I know TiT, nevertheless I stick with a good or better then the rest real estate agent.
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Fully correct! When I was trying to rent I came up with about 20 houses from an agents website and only 2 were actually available. The agents put the houses up once and never ever check again if the house is still available 🙂
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Maybe the property companies have been complaining behind the scenes... Complaining in the open would be very "unthai" and would be a loss of face for the other side.
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
In my example you are a thai tax resident in 25 and transfer untaxed income from 2024. IMHO it could technically be taxable in TH then in 25 if remitted to TH.
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
Correct! Just one further point: if you are not a tax resident in a given year for example 2024 you can remit millions in 2024 and use them in 2025 without incurring any tax IMHO. Maybe they will check if they were taxed somewhere but I doubt it.
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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
The word “Thai” means “free”, and therefore, “Thailand” means “Land of the Free”.
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Far-right activists from Germany spent US election day at Trump’s Mar-a-Lago
I was answering to a post that read "The problem is Trump's "lies and BS" are invariably proven true. I actually can't think of a single occasion he has been definitively proven as having lied. "
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Far-right activists from Germany spent US election day at Trump’s Mar-a-Lago
Fact checked in the wikipedia article and google for yourself besides hundreds of other occasions. Saying Trump never lied is beyond belief. Again Trump is better then the alternatives and I am a libertarian so no leftie.
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Far-right activists from Germany spent US election day at Trump’s Mar-a-Lago
What a bunch of nonsense get real man! Trump has lied on thousand of occasions! Claiming otherwise is a sad joke. Who cares everyone lies! https://en.wikipedia.org/wiki/False_or_misleading_statements_by_Donald_Trump BTW: I would have voted for Trump in all elections! The Dems were lying as well but maybe not as often as Trump, however Trump is far better for the US then Harris IMHO. A real Gem : In April 2022, Trump stated at a rally in Selma, North Carolina: "I think I'm the most honest human being, perhaps, that God ever created," prompting laughter from the crowd.[587] Let us know if you believe this last statement!
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Far-right activists from Germany spent US election day at Trump’s Mar-a-Lago
Worst part of German history. What troubles me as a German is that the Germans do not understand that national socialism and left socialism are very similar and lead to the same problems as they both stress the collective over the individual.
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Far-right activists from Germany spent US election day at Trump’s Mar-a-Lago
In Germany everyone who is not pro Asylum and pro taxes is a right wing extremist. Joe Biden would be considered a hard right extremist here...
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LTR Visa - stoked!
This a concept 90% of the folks do not understand 😉 Congrats and thanks for the info!
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Citibank ATMs in Bangkok?
I can confirm that counter withdrawal works with BKK Bank and Krungsri (Only MC free of charge). Check with cc company if they add a fee for counter withdrawal, in my case there was no additional charge.
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LTR Visa is Now available for Long Term Residency
There will be no clear statement like ww income not remitted to TH is not exempted by the RD.
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LTR Visa is Now available for Long Term Residency
The easiest way to prove 183 days outside of AUS or GER is to show the passport stamps of another country which you no longer have 😉 I agree in most cases you get an entry stamp from another country but in the case of an EU citizen you do not get an entry stamp for entering any EU country.
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LTR Visa is Now available for Long Term Residency
I see eye to eye with Ben here, there is at least the risk that ww income could become taxable if not remitted for LTR holders if ww taxation came into place. As usual there will be no explanation or warning from BOI or TRD for the LTR visa holders and they COULD start enforcing years after ww taxation comes into place and then go back several years.
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LTR Visa is Now available for Long Term Residency
The big downside is that you can no longer prove how long you stayed in Thailand to the IRS in your home country, but otherwise a big plus I agree. Not sure if IRS would accept a boarding pass proving when you left.
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LTR Visa is Now available for Long Term Residency
Thanks for the explanation! So Thai Immigration is OK that I do not get an exit stamp at all? Are IOs not utterly confused if one arrives again in TH without an exit stamp? Thanks!
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LTR Visa is Now available for Long Term Residency
Can you please elaborate how to use the e-gates? Do you get an exit stamp? Thanks! "Foreigners with ordinary passports and children and the disabled, although holding e-passports, must still go through manned immigration gates." from a newspaper.
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LTR Visa is Now available for Long Term Residency
Now I have another reason for a second passport (of the same country in my case)
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LTR Visa is Now available for Long Term Residency
Is it always the case that one can use the priority lane for 200 Baht? Thanks!
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LTR Visa is Now available for Long Term Residency
The problem is that the main idea to have an LTR for me is to not pay tax. But in order to get an LTR I should pay tax in another country (need for tax statement) while I do not have to pay taxes if I do not realize the cap gains in the first place. In my case I can cross the threshold just with dividends but again they do not show on a tax statement because it is either withholding tax or dealt by the (German) banks directly.
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LTR Visa is Now available for Long Term Residency
Anyone north of 500K or 1M USD should get an LTR without any hassle but I know TiT ...
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LTR Visa is Now available for Long Term Residency
Thanks for your post! There will be no pension and no pension letter in my case just passive income in the form of dividends and cap gains. I can trigger cap gains whenever I want just by selling some positions hence my idea of showing the last 12 months with 2 months of 80K plus income and the other months like 8K a month. There more I think about it they would not let even Elon Musk get a wealthy pensioner LTR, as he has no pension and no steady income stream. 🙂
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LTR Visa is Now available for Long Term Residency
Thx! I though it was 2 years financial data? There will be no income tax statement I can provide where cap gains show. I will go for wealthy pensioner LTR. Even if stay 2 years in TH before I cannot provide an income tax statement as cap gains are not taxable if not remitted TiT...