KhunHeineken

Some call pig and rice farms in Issan an "investment." No need to look at the Fed and China.

As another member suggests, surely you would have made more investing that money in Thailand.

The IP address is not the issue. I can VPN back to my own house in Australia. It's where the transfers are going, and who to. Also, possibly for Australians in the near future, in a similar way to Thailand, immigration will know an Australian is outside of Australia for 183 days and inform the Australian Tax Office. As discussed in the Australia forum, those chances are on their way.

I agree. 110%. Many folks also said it was scaremongering, despite the obvious connection the TRD needed, through immigration records, to prove that an individual had been inside Thailand for more than 180 days in a calendar year, thus, becomes a resident of Thailand for tax purposes. So how does Thai government "herd" foreigners towards the TRD like sheep, in the same way they do immigration for an annual extension. Simple, you'll need a document from them. It's the simplest and easiest route for the Thai government to take, and a nice earner, legitimate or otherwise, for doing absolutely no chasing of foreigners. I'm not suggesting everyone will have to pay the correct amount of tax, but I would say everyone will have to pay "something" if you know what I mean. The more that comes to light, the more we learn that the scaremongering is becoming factual. Start planning for it, if you haven't already.

WISE is registered in the UK. Thus, I'm pretty sure they have to record and report. Since 2017, not even the Swiss can offer banking secrecy anymore. https://www.swissinfo.ch/eng/business/tax-evasion_swiss-say-goodbye-to-banking-secrecy/42799134

Can't speak for other western countries, but I gather they would be similar to Australia. From the link in a previous post, which is from the Australian government. "an exchange of information with other jurisdictions under various arrangements." Also, this. "If we believe that the information or documents we need about your tax affairs are located outside Australia, we can issue you with an offshore information notice." As an Australian, It reads to me that if you earn in Australia, then Australia will inform Thailand, and if you earn in Thailand, then Thailand will inform Australia. All a DTA will do will do is stop the same money getting taxed twice, but it will be taxed, either in one jurisdiction, or a percentage combination in both countries.

Windows 12 being released before the End of Life of Windows 11, and Windows 10, for that matter. Looks like Windows 11 was similar to Vista, terrible. Just one of many articles. https://www.techopedia.com/windows-12-release-date-latest-news-leaks-prices#:~:text=Estimated Launch%3A July-October 2024&text=Based on the company's previous,with Microsoft's traditional launch windows.

Sure. I get that. The whole thing has basically "yet to be seen." If it eventuates, in the way/s that have been discussed, what possible "solutions" do you see arising. legitimate, or otherwise?

Posted a similar link in a thread, on the Australia forum, for the OP. https://www.ato.gov.au/about-ato/commitments-and-reporting/in-detail/privacy-and-information-gathering/our-approach-to-information-gathering/gathering-offshore-information It sets it out very clearly.

Around 30% say they will leave for 6 months in order not to be a tax resident of Thailand. I have a couple of questions for around the other 30% who believe they will be able to reside here in the same fashion, yet still not pay any tax. How do you propose to avoid paying the tax, on a long term basis, and how will you deal with any possible punitive measures to force you to pay something? (when I say "something" it may not be the correct amount, but "something" over zero baht)

'If you fail to plan, you are planning to fail." I had a Plan B even before I moved here permanently. This may cause many to start considering a Plan B. Probably something they should have already had.

If / When the west concedes their "hegemony" is over, it will be World War 3. Probably manufactured by the west, to wipe the debt slate clean. There will probably be some "false flag" operation/s to kick it off. Question is, who's going to be in the "coalition of the willing" and who's going to be in the new and expanded "axis of evil." Remember these terms? Countries like Thailand will have to pick a side. They chose the US during the Vietnam war. Remember "The Domino Theory" BS? Thailand might do what Thailand has always done in history and do a deal to keep its sovereignty. The trouble for Thailand will be, this means they must make a bet on the outcome of the war. Bet on the wrong side, and Thailand loses out on the spoils of war, and actually becomes the spoils of war. The "system" in Thailand where you buy military promotions and political power, rather than earn it through education, hard work, and policy, will probably see poor decisions made at crucial times in the future, so in my opinion, when the the time comes, and it will come, Thailand will be up for grabs, and a strategic country for occupation to wage war against China. It's probably why the US let it go, so the west will just take it in the future, rather than pay for it on an ongoing basis.

Let's hope it's his own bank account here, otherwise, it could all end up just another sad story for him, like so many others that came before him.

I just mentioned in another post, if your 12 million baht "invested in Thailand" is mainly in property, in a tourist area, then who is going to be the market you are selling to, and how much competition will there be for the those prepared to stay, or move to Thailand, at any cost as to their tax liability, and also throw in a decent offer for your property? There's already an oversupply in property here. This will kill the market. You may not need to sell during a fire sale, but fire sale offers may be all you, and many others, will ever get.

There goes the property market in the tourist areas, for both sales and rents. It's not just about those already here, but also the next generation of retiree / expat coming through. Why would they buy a property they will only live in for 179 days of the year?

It was noted a little while ago there may have been a core group of trolls, or one troll with multiple usernames, possibly working for a website in competition to AN. They basically shut down threads. A few of them have dropped of since being called out. They add no content, only troll. Their purpose was to frustrate members to the point they get banned, so they go elsewhere. Olmate is still here, probably posting from his "mom"s" (yes, spelt the American way) basement, somewhere in the USA.

Certainly wasn't a tadpole. I remember when Australia really was the Lucky Country. A decent day's work for a decent day's pay, and families got ahead. Hubby's wage would cover everything, with some left over for a domestic holiday each year. Mum could stay home and look after the kid, so they weren't raised by strangers in a day care facility. Now, kids and grand kids can't even afford to buy a modest house in the suburbs, and it's all by design. The sad thing is, the cost of the money successive governments have borrowed, over decades, through the interest, means we are still borrowing. Check it out. https://australiandebtclock.com.au I suppose you are going to say they eat too much "smashed av."

No mixing, just calling you out for trolling, as usual. Try posting some content for a change. It's not as difficult as you think.

No deflection. I am on the record here. You, on the other hand, don't put forward an opinion, just criticize those who do, without going on the record yourself. That's lower than a politician at election time.

Wow. Probably faster than the blink of an eye. Awesome. You get what you pay for. If you were to chose a potential / hypothetical bottle neck in your system, other than the internet connection, what would it be? I've often wondered just at what point does the processor (recent builds) become the bottle neck.

Elementary school is not a term used in Australia. Strange. the plot thickens. So, you think the proposed changes will be passed, thus agree with me. Glad we got that sorted out. So, what "toss" do you think the proposed changes will be, if not what's actually in black and white, as proposed by the previous Liberal government and still active under the current Labor government?

Albo. Albo. Albo.

Any comments on how great the USA is?

Nope. Everyone gets caught up in the net, otherwise, wealthy Thai people would just use a foreigner as a proxy.

I told you this in the Australian Forum on a thread and you took the p*ss out of me and refused to either believe, or accept it, despite me posting credible govenmnet link about it. Yet, here you are in another forum, starting this thread. Go figure.