gearbox

That's not quite right....quoting from the link 4MyEgo posted: "For departing long-term residents the four factors will not need to be applied. Rather, it will be necessary to spend fewer then 45 days in Australia for this year and the previous two income years. This means that Australians moving overseas would need to be overseas for three years before they could change tax residency, unless they fell within the special foreign employment rule. This will make the process more difficult for some individuals and is likely to produce some inequitable outcomes, for example, business owners who will not be taking up external employment. " To go non-resident you need to spend less than 45 days in the current financial year and the previous 2 financial years.

Nowadays if you provide the tax file number to your broker, the franking credits are prefilled in your online tax return and automatically deducted from the tax payable. So in the 10000 franking credits case above, they'll offset your 10000 tax to be paid, and you don't have to pay tax.

Franking credits are tax offset, not tax deduction. For example you have 50000 taxable income and 10000 tax on that income. If you have 10000 franking credits your tax is zero. If you have 15000 franking credits you'll get 5000 refund. So tax payable on income - franking credits = tax to be paid.

It depends on the components of your income - if you have interest from the banks, afaik tax is 10%, and the dividends are taxed from 0 to 30 percent depending on franking. Overall if someone is a resident and gets 40k only from dividends, there could be a tax refund of around 7.5k if all are franked 30%. The non resident would pay no tax, so 7.5k is to pocket if resident. Whether it is worth the trips to Oz depends on the person's circumstances.

Circumnavigate what....being a tax resident or non resident? With the proposed new rules it won't be that difficult to remain resident, 45 days in 3 years is easily doable.

Get well soon. My observations are that early mornings are riskier in terms of driving here, people are in a hurry to go somewhere.

Count yourself lucky. I've paid more tax than you and still paying, but the only thing I'll get is a big fat zero. The Oz gubement classifies me as wealthy, and I won't get any pension because "I don't need it". Smells like communism to me. On top of that I won't get any subsidised medicine which the old age pension retirees get. It would be much better to have the US style Social Security system.

Depends on the point of view...it is the best pension for freeloaders and dole bludgers. You can get it without working a single day.

You can look at the trade from a different angle. The trade between Thailand and US is done by private companies based on rational decisions and profit expectations. If they can find more profit somewhere else, they would trade there. The tariffs affect that trade but partially, for example brisk trade with China continued even when Trump imposed extra tariffs. The fact that Thailand has 42bn trade surplus means that the Thai importers don't see value in importing US goods. There is little that they can't find somewhere better and cheaper. If there was demand, there would have been imports. Raising the tariffs for the Thai products won't make it any better for the US exporters.

Interesting...what is your prediction on BABA? They don't seem to be paying any dividends.

From the other post OP stated he is 76 and in receipt of "state pension", term usually used by Brits. May he live until 106, but at his age investing for long run is probably not feasible. The world and markets seem much less predictable these days, nobody has predicted the Hamas move. The key is to diversify, but with only 3 mil, with 820k of them locked for visa renewal that seems difficult. If the money are already in Thailand and denominated in THB probably the easiest is to invest half in cash deposit, and the other half in SET companies which are paying good dividends, maybe an index fund made with these. SET companies don't incur capital gains when traded, and the dividends are taxed 10%. At the age of 76 it is difficult being novice investor 😀 Also needs to take into account the tax residency and threshold of his home country, some countries tax on worldwide income.

FDI and FDA are not closely related, Vietnam attracts investments due to its educated workforce and work ethics, not whether a country has a FTA with it. Anyway, straight from the official Vietnam sources about the FDI in first half in 2023: https://www1.mpi.gov.vn/en/Pages/tinbai.aspx?idTin=58156&idcm=122 Singapore first, Japan second, China third, South Korea forth, EU doesn't even get mentioned. Tremendous seems to be only your imagination.

What do you fail to put in your calculations is the opportunity cost of owning your condo. I don't know what the rents are in the area your condo is, but judging from Australia if you get 5% return on investment of the value of your condo you may cover all your Thailand expenses and have the $1600 extra for spending.

I answered a post about FTA, not FDI. Do you know the difference between these two?

How the home country protect you from being ruined financially except emergency health care? Are you saying that $100k in your country would last longer than in Thailand? The retirees who deplete their funds in Thailand are free to move back to their home country and get the same benefits as if they never left the country before.

You may live even rent free, but the hard facts are that the average rents are way way higher than your $240 per week. It would be a poor decision someone to move back to Oz with the expectation to pay what you currently pay.

Thanks God.

Most of the subsidies are already included in his pension numbers. Health care is free for emergencies, but try to do things like hip replacement....the waiting period is probably 2+ years. Yes you can get big discounts for public transport in the cities, but what's the point of moving endlessly around in the same city? There are no airfare discounts for pensioners. I just read a feedback from one cyclist going from Gold Coast to Sydney...at Brunswick Head they wanted $76 from him for a camp site. Here you'll get 4 star hotel for that much. Barring the emergency health care, the dollar goes much much further in Thailand, at least for the Aussies.

That's not the truth. His rental numbers are way off down. https://mozo.com.au/home-loans/articles/what-is-the-average-rent-in-australia In the article above the numbers are weekly rents. His pension is good enough to only rent and then live on tap water...at least the tap water is drinkable in Oz.

If there are too many of us, the prices will rise and negate some of the financial benefits, and the home countries may put extra restrictions on pension portability and fund transfers.

Big success for who? The Vietnamese don't have multinationals and big brands. It will be used by the Chinese and others to set up manufacturing there and funnel goods to EU tariff free, same way as Australia gets a lot of "Thai" cars.

Eventual Putin visit is a non event for most Thais, they don't know who Putin is.

A bunch of broke retirees are threatening to leave.

Ubuntu....use a LTS version like 22.04

Not true that you don't pay tax as non resident. You lose all the franking credits, and many dividends are 100% franked. If you are resident and have dividend income around $20k and if all is franked the ATO will give you a few thousands back. https://atlaswealth.com/news/tax-treatment-of-dividends-as-a-non-resident-australian-expat/