KhunHeineken

Yeah, they said legalizing cannabis would never happen. They said casinos would never happen. They said tax on remittances would never happen. You missed the point. Expat pensions are Thai tax residents. It's the people like the snowbirds, and regular holiday makers, that MAY see their accounts closed in the future.

It's not going to effect expats who use an agent for their extension, of which I am one. They are looking for "mule accounts." Sometimes it's an account in a poorer Thai's name who was paid to open the account and give access to a criminal. The proceeds of crime passes through the mule account. Think online scams, online gambling etc. They are also now doing the same with sim cards. Paying people to register a sim card for them. This is why they are matching registered sim cards with bank accounts.

I would not be surprised if Thai banks start closing the accounts of foreigners who not Thai tax residents in the future.

What if you are flying Thai Airways for overseas trips? Are those funds not transferred to Thailand?

No offense to the member, but that amount of money would not give much by "a way of life, and the missus would have to work, and whilst one may own a property, it would need some maintenance, same with the car and bike, which one day would have to be replaced, and there wouldn't be much to give to the kids for weddings etc, and no overseas trips to places of notoriety. Everyone's circumstances are different, but I didn't work hard all my life to count every baht here in my retirement.

Or, leave that substantial saving in a bank account in your home country, where it earns over 5% interest, and let the interest pay the rent on a nice villa, with some left over each month. It doesn't have to be a crappy apartment, and it doesn't have to be a villa sitting on land you can't own. You keep your lump sum, still get to live in the villa, and you don't get scammed? Plus, your kids will be thankful upon your demise for not leaving a nightmare legal battle like reported in another thread running in the news forum.

Like many countries, I am sure things were more easy going "back then." Now, like most countries, there are so many laws, fees, fines, tolls, taxes, licenses etc which has seen everyone lose a lot of their freedom.

That's "The Somchai Shuffle." You are under the threshold, so no need to file, but they didn't know this, because they didn't bother to look at your figures. What about all the other expats that know they should file, but get told by the same staff in the the same TRD Office, "No need to file." The chaos continues.

I predict a big swing away from both major parties, and possibly a hung parliament.

https://www.abc.net.au/news/rural/2024-11-04/orange-juice-price-cost-of-living-but-citrus-farmers-profit/102825544 "his explains why the price of a 2-litre bottle of Nippy's orange juice has jumped about 20 per cent in the past 18 months from about $6.50 to $8." https://www.abc.net.au/news/rural/2023-04-27/steepest-price-increases-for-milk-cheese-in-decades-abs/102268236 "Prices for milk, yoghurt and cheese are up almost 15 per cent from the same time last year."

Try a few of the apps. Might be easier than crawling Beach Road. A lot of the Breach Road girls are on the apps anyway.

Phnom Penh - Cambodia may be better suited to your budget.

What "something else" would you suggest?

Dutton now preferred PM based on two party preferred. Could Dutton "do a Morrison?" https://www.9news.com.au/national/coalition-leads-labor-fresh-polling-ahead-of-2025-federal-election/48b935ee-d191-4687-ad2c-b78a0de4dcc5

Quite a few aged pensioners are homeless, as well. https://www.advocare.org.au/news/census-reveals-shocking-homeless-numbers-for-older-australians/

That's rubbish. Have I never said, "the fact is...................." or "the facts are................." No. If it was a fact, it would be happening in immigration offices right now, but it's not. That said, I did post a youtube video of a guy in Phuket who went to the immigration office and they told him to go to the TRD Office. I have even posted it's more of a prediction even, than an opinion. I have never said it was a fact. Is that clear for you now???? Anyway, getting back on topic, why don't you put forward your reason/s for why it will never happen?

Strange that you have never put forward one single reason for why it could never possibly happen. Why is that?

Good to see you have made some progress. If you enter all your details online, and at the end there is 0 baht tax to pay, then that is a good result, no so much because of the 0 baht to pay, but for the record kept online that at a certain time and date you signed in and filed, thus, your a** is covered.

That's not much money to live on here.

Thailand doesn't let foreigners "self assess" their visas, so I can't see them letting foreigners "self assess" their tax liability.

Yes. You could call it a prediction, even. I don't know why the other members thinks I am saying it's a fact. We all know it's not being implemented as yet. Perhaps English is not his first language.

Once again, I have never said it was a fact. If it was a fact, it would be already happening. It is my opinion, but also the opinion of many others, including professionals.

Yes, it's my opinion. I never said it was a fact. If it was a fact, it would be happening already. What's your point?

I don't need to convince anyone of anything. Everyone will have to make their own decision in regards to this tax policy. I am simply suggesting the Thai are not going to let foreigners simply do nothing. Many others, including professionals in the industry, are of the same opinion. I accept this, but hey, TiT. One must make TiT work for them. What about all those that drive / ride drunk. have a property in a Thai Company and / or using Thai nominees, engage the services of prostitutes, have a fake marriage so it's 400k not 800k, failure to get a TM30 etc etc. People in glass houses shouldn't throw stones. I will. I'll have a TRD document proving I have filed and paid.

Answer this question. How did you prove to them you have no tax liability. Ohhhh, that's right, you didn't. You must be the most naive person on the planet, endlessly posting about how things will NEVER happen in one of the most corrupt, 3rd World Countries, where you have no rights. Wake up to yourself. This is not an immigration offense, This is a criminal offense. Breach it. and open you wallet, big time. How many times do members have to say it? Is English your first language? It's inevitable the Thai government will use the immigration laws to push expats into a TRD Office to prove source of income. That means, they don't come to you, they make you go to the TRD office, or no extension for you. Get it? So what? How is that relevant to this tax policy in 2025? Thai banks report your remittances, and they know when you must show for your extension. This was he whole point of "the Thai's can't do it, they would have to employ 5000 more TRD staff to chase foreigners all over Thailand " argument. Noooo, just say no extension without TRD paper. Problem solved. Farang no must go TRD Office first. Simple, right???? Yes, rocket science.