hwas
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received this from BOI today: Greetings from the LTR Visa Unit. We want to clarify that the tax exemption for overseas income will commence from the month you receive the LTR Visa onward, which typically falls within the next tax year. Any income earned in the period prior to holding the LTR Visa will not be considered for tax exemption.
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This could not possibly be more clear: From Royal decree 743: "Section 5 Income tax under Part 2 of Chapter 3 in Title 2 of the Revenue Code shall be exempted for a foreigner categorised as Wealthy Global Citizen, Wealthy Pensioner, or Workfrom-Thailand Professional who is granted a Long-Term Resident Visa under immigration law for assessable income under section 40 of the Revenue Code derived in the previous tax year from an employment, or from business carried on abroad, or from a property situated abroad, and brought into Thailand." 2 Quote
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Read Royal Decree 743- The Tax Incentives under Royal Decree (No 743) The Royal Decree (No 743) gazetted on 23 May 2022 prescribes the income tax incentives for foreigners to come and reside in Thailand under an LTR Visa, as follows: Wealthy Citizen, Retired and Work-from-Thailand Foreigners For Wealthy Citizen, Retired and Work-from-Thailand foreigners who come and reside in Thailand under an LTR Visa: A right to exemption from tax on income that's derived from a post or an office outside Thailand or business outside Thailand or property outside Thailand and brought into Thailand (i.e. an exemption from the Foreign Source Income Law).
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I just looked at their website. Seems like quite a good shop
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90% of the beans grown in Thailand are Robusta. Look for southern Thailand coffee roasters. Northern Thailand is mostly Arabica, as Robusta does not grow at high altitudes
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No, I bought some at a coffee fair in Bangkok where there were individual producers and the rest I bought directly from the producer and had them mailed to me. I like buying directly from the producer to benefit the hilltribe people. Two of these producers, Dói Chang and Akha Ama, should be easily obtainable in Chiang Mai. I have been finding small producers by using Google maps and searching for coffee roasters in Chiang Rai. There are many and Clicking on a name in Google maps will lead to a Facebook page or website. Brame coffee is a family business, wife is the grower and husband is the roaster. They will deliver to you, tel 087-186-8918, 250 baht for 250 g.
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“ “The coffee brewed from robusta beans has low acidity and a high degree of bitterness. It packs a powerful punch but isn’t nearly as palatable as arabica, with one exception: robusta is perfect for Thai-style iced coffee. Arabica coffee is aromatic and has a much milder flavor than robusta. Depending on soil conditions and the way it’s processed, arabica can produce a much subtler and more nuanced cup of coffee. It’s the coffee of connoisseurs. “
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I live in Bangkok, but have started buying coffee beans from Chiang RAI roasters. Also, from roasters in the south, who grow a different bean. Arabica is grown in the North and Robusta in the South. There is a large number of coffee roasters who will send beans to you for a small shipping fee. Many of these roasters also grow there own beans, so you can buy single producer coffee. Price is about 200 baht for a 250 g bag, however, I have also only paíd 200 baht for 500 g. Some coffees I have purchased recently from the following: Xanthocapa, Chiang Rai, Phu Sun, Nan; bata-me, Chiang Rai; Akha Ama
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Does anyone know of a place to buy progressive contact lens that are not daily use? The cost of daily use is very expensive. In Europe, I used 30 day lens
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A number of comments from people planning to move to Portugal. My wife and I recently moved to Thailand from Portugal and could not wait to leave, I have lived in the US, northern Europe, Vietnam, Portugal and Thailand and travelled to more than 90 countries. We lived in Portugal for 28 months and rank Portugal at the bottom of the list of places I have lived. For reference, we lived in one of the best neighborhoods in Lisbon and in Cascais. I could write pages about the negatives we found, but will only list a few: 1. The incompetent bureaucracy. Immigration being months behind in renewing residence cards - read the recent news about Brits having significant problems due to not receiving residence cards. People waiting more than a year to receive a Portugal drivers license after turning their former drivers license for a temporary license that is not recognized outside of Portugal 2. Health care - it may be free or cheap, but this really does not matter when you are waiting more than a year for a hernia operation or weeks to get a doctor’s appointment, even at a private hospital 3. Cost of housing - For those on a budget, good luck finding a place to rent or buy that is in a livable area. Also, regardless of the budget expect to overpay. There are other reasons why we left, and I really encourage people to do a lot of research before making a decision to move
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Thank you
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One more question, do I need to bring a passport photo for the permit?
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Thank you, everyone. Really appreciate the information
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Thank you for the information. It looks like the best thing to do is to get a single entry permit. Once I receive the marriage extension, do I then need to get a multiple entry permit to do any further travel?
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Thank you
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I am in Thailand on a non-immigrant O visa pending applying for a marriage extension in September. Are there any restrictions against leaving Thailand prior to my getting the extension? I am planning a short trip to Vietnam. Where would I get a multiple entry permit at Don Muang or Suvarnabumi? Thanks for your help
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Thanks to all, looks like entering on a tv is the way to go
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My main concern is the health insurance. I am too old to get Thai health insurance. Which is the best way to avoid having to show health insurance (not covid insurance) from a Thai company?
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I am trying to decide how to do my retirement visa. Currently in Europe. I do not have a Thai bank account. I do have health insurance through a US company and it provides coverage in Thailand, however, it is with Blue Cross group insurance and while I can get a letter stating that I have coverage in Thailand, I seriously doubt that I will be able to get the required letter signed by a company Director. I had planned to go to the Thai embassy on Tuesday to get a non-O visa, but now I am not sure. Is there a way to get the retirement visa without it being dependent on the health insurance? I thought I had read that it would be possible enter Thailand on a tourist entry permit and to then apply for the visa. Thanks for your help
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I mailed in my renewal yesterday. According to the embassy, it will take 2-3 weeks to process