
gearbox
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Everything posted by gearbox
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Irish footballer fights for his life after bike crash in Thailand
gearbox replied to webfact's topic in Thailand News
There was no extra cover requirement for cycling in tens of policies I've looked at. -
Suchata Chuangsri Earns the Title of Miss Universe Thailand 2024
gearbox replied to snoop1130's topic in Thailand News
As far as I know Truam Udom Suksa is the preparatory school for Chulalongkorn Uni and is considered the top public school in Thailand. Many participants in the international school Olympiads have studied there. -
I'm not an owner of a company and not married to a Thai, but didn't have issues getting approval, producing only my pink card. In the end I didn't get it as I didn't have a CC with me to pay. Not a big deal as it turned out the card costs 400 baht and is valid only for 2 years. If purchasing tickets well in advance the price is probably better than using the card.
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Aus Mobile Phone Provider
gearbox replied to StevieAus's topic in Australia & Oceania Topics and Events
It could be hard to find the $5 sim in Aldi, usually they are out of stock. $25 is usually available. 1 week before you go check the Woollies and Coles specials online, almost every week there are prepaid sim specials. -
Pro-Palestine Mobs Wreck Barclays Banks Across the UK
gearbox replied to Social Media's topic in World News
South Korea and Japan don't engage in housing Ponzi schemes and fake GDP growth, these two require ever increasing immigration. -
Coral bleaching around the islands
gearbox replied to gearbox's topic in Koh Samui, Koh Phangan, Koh Tao
There are some but pretty sparse, there are a lot of rocks as well. You can see them from the Mae Nam view point and also on Google Maps. Water visibility is poor and very few people snorkel there. -
I was kayaking between the Lomprayah pier at Mae Nam and Ban Tai beach, and noticed a lot of white areas in the water that I haven't seen there before. Seems that massive coral bleaching happened. Are Phangan or Koh Tao affected? https://www.independent.co.uk/climate-change/news/thailand-heat-coral-reef-bleaching-b2550015.html
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British Pensioner Struggles with Frozen Pension in Thailand
gearbox replied to webfact's topic in Thailand News
I'm not from UK but was interested to see if the Brits have a state pension which is proportional to the contributions....seems it is not quite there. A person on £250k yearly income pays times more yearly contribution than a person on £25k, but seems both persons would get the same pension for the same number of qualifying years. Separately the people on jobseeker benefits get qualifying years without paying anything. There was a study in Australia claiming that the bottom 50% of the taxpayers are getting more from the government than they are contributing in taxes. The usual "I paid taxes all my life" brigade. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
That's nuisance, I spent thousands of $ with AliExpress on all sorts of bits and gadgets, now it will cost more with extra paperwork. But is happening in many places, Australia introduced it ages ago, the so called "Harvey Norman" tax. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
Here is your guide...pick up a country. https://en.m.wikipedia.org/wiki/International_taxation From what I see Malaysia will tax remitted foreign income under certain conditions. The Philippines seems to remain the only comparable country around which doesn't tax foreigners who are tax residents. There are quite a few countries without income tax, and also many with only territorial taxes, but I wouldn't live permanently in any of them. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
AFAIK the Australian banks will provide the CRS data only if the customer declares another tax residency in the KYC forms. I never declared any foreign country tax residency....and how would I know if I'm a tax resident if it is still 6th of June? I may decide tomorrow that I'm going somewhere else until the end of the year. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
CRS data exchange....your interest, dividends, capital gains etc will be handed over by your home country. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
I was actually surprised they were not planning to tax worldwide income, many countries do, one of the latest being Portugal from the beginning of 2024. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
As the eternal TVF wisdom states, never bring to Thailand more money that you can afford to lose. Have always plan B and C. -
Thailand to tax residents’ foreign income irrespective of remittance
gearbox replied to snoop1130's topic in Thailand News
Dunno about UK or US but in Australia if you are a Thai who is a tax resident you'll pay tax on your worldwide income, irrespectively whether the income is transferred to Australia or not. If there is a DTA you usually get a tax credit if tax was paid in the other country. If you are tax resident of both countries usually there is a "breaker" rule to decide which residency takes precedence. -
New Tax Rules for Expats in Thailand Spark Concern
gearbox replied to webfact's topic in Thailand News
The new 60 days visa exempt will come handy, two of these + extensions would cover the 180 days. If the worldwide income taxation comes in force I'll stop getting non-O retirement extensions and move my money outside Thailand. -
New Tax Rules for Expats in Thailand Spark Concern
gearbox replied to webfact's topic in Thailand News
A lot of misinformation here...Thailand can't track foreign card ATM withdrawals or foreign credit cards. Even your own home country government can't normally do this, unless you are subject to tax audit or criminal investigation. -
Yes, but wars are fought with weapons, not luxury handbags. The Russian industrial capacity ranks No 1 in Europe. https://www.intellinews.com/long-read-china-and-russia-the-industrial-production-superpowers-that-could-win-a-war-314926/
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Use VPN and set your VPN proxy to be in Australia, otherwise they may block your pension stream application. AFAIK this requirement may be invented by your fund....never heard about this requirement. The AML/KYC rules are getting tightened, I got a credit card application put on hold by HSBC Australia, as I applied online from Thailand. Use always VPN when dealing with the banks, financial institutions and the government.
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Thailand Faces Economic Question: China and EV Cars
gearbox replied to webfact's topic in Thailand News
Meh.. Malaysia and Indonesia get far more Chinese investment than Thailand and have large BRI projects. IMO Thailand inability to move forward is due to lack of proper long term priorities like education. No country can have sustained high quality growth without large investments in education. Building an economy on low class tourists is not the way to go. -
Thailand Faces Economic Question: China and EV Cars
gearbox replied to webfact's topic in Thailand News
Was there an announcement that the government is shutting down the ICE car industry, or this is a created fake issue by third grade AI assisted "journalists" ? Thailand will continue to produce ICE cars, and will also produce EV cars...1+1 = 2. Well not exactly as the internal market has a fixed size, and some will switch to EV cars, however as Thailand has a lot of FTAs, EV cars will be exported as well, so hopefully overall the industry would grow in size. -
Thailand Faces Economic Question: China and EV Cars
gearbox replied to webfact's topic in Thailand News
Looks logical to close down...who is buying Suzuki cars? Toyota is the king here. https://www.focus2move.com/thailand-vehicles-market/ -
British family leaves UK for Thailand for lower costs of living
gearbox replied to webfact's topic in Thailand News
Lower Sukhumvit is fairly expensive place, I doubt you can even rent a garage for £550 in central London. My nephew was renting 2 bedroom apartment near Victoria station for £2500 per month, and that was a few years ago. Now he lives in his own house but his childcare is £2500 per month for only one child.