KhunHeineken

Why would a pensioner living in Australia care about expat pensioners? This is the "pensioners would be up in arms" argument. They wouldn't care less, and would care even less if it's sold that taxing expat pensioners will mean a little more money each fortnight for pensioners living in Australia. An easy sell, if it has to be sold at all. Also, why do you think it will even be an election issue? Look how quick the changes to the Stage 3 tax cuts came to being. The proposed changes may sail through in the same way. The proposed changes to tax residency will have no effect on pensioners living in Australia, so I can't see them caring at all about it, and that's even if they do get a chance to vote on it as an election issue. So, the study is over 20 years old. Question. If it's so financially beneficial for the government to have pensioners live overseas, why do they insist on the 2 year qualification period to gain pension portability? By your thinking, they should pay them the pension so they stay outside of Australia. Why do they force them back for 2 years with this policy if the policy runs at a loss? Can you show me in the proposed changes where non resident pensioners get a tax break? Without further changes to the proposed changes, pensions, and pensioners, will be treated as any other non resident deriving an income from Australia, and yes, the pension is deemed an income. Paul Hogan does not get the pension, but what in the proposed changes differentiates pensioners from Paul Hogan? What do you think they will tweak to give expat pensioners a tax break? The higher taxing country has primary taxation rights. I posted some youtube clips about this some time ago. We will have to agree to disagree on the financial gain or loss to the government if pensioners return home, but what about if the government could tax expat pensioners, but they still live overseas. Cha-Ching. It would be interesting to know how many pensioners would return to Australia to live permanently, or for 6 months of the year to escape the non resident tax, or, continue to reside in Thailand with a lower standard of living.

I see you are putting forward "the government would lose too many votes" and "the government would never do that" argument. Did you make your way to the Australian Embassy in Bangkok to vote in the last election? I didn't, neither did any of my Aussie friends. How many votes do you think the government would lose from expats? It would be so small that it would be irrelevant. Also, who's to say it will be an election issue? It could be presented during a budget, or passed into law 5 minutes before the close of a sitting. You must remember, the previous Liberal government proposed them, and the current Labor government haven't binned them, with the assistant treasurer stating they are "in the government's in-tray." The current Labor government also moved the proposed changes on to the consultation stage, so the proposed changes have bipartisan support. So,with no political opposition to the proposed changes, they will sail through parliament eventually. The Labor government has stated that are looking at the 45 days rule and possibly increasing it, but the proposed changes are not dead in the water under Labor. How many years ago was that study? I posted some time ago that the government would like to see all that pension money in the Australian economy, and not going to help another country's economy. Reason being, they get a lot of the pension back in taxes, fees, licenses, rates, excises etc. That's a lot more people and a lot more money going towards growing the Australian economy. Returning expats also create employment, and what do people with a job pay, income tax. Returning expats need accommodation, and what do landlords pay on rent, tax. Petrol in the car, tax. Beer at the bowlo, tax. Food at the supermarket, GST. Etc, Etc. Currently, every pension being sent overseas is a total loss to Australia. It's financially beneficial to have that pension, and the person, inside Australia, with that pension money circulating in the Australian economy. All that pension money to pensioners every fortnight does have a flow on effect. On this point, your argument focuses on Medicare. So the waiting lists get longer, that's all. Do you really think the government is going to recruit more medical staff, no. The hospital bill will remain the same, but the queue just gets longer. As the proposed changes stand, there are no exemptions, means testing, or no tax free threshold to non resident tax brackets, so how do you propose expat pensioners will get out of paying non resident tax? The pension is deemed an income. The recipient is outside of Australia for 183 days, thus, a non resident. The payer is also the taxer, so easy to collect. The law will treat the old age pensioner in the same way as it treats Paul Hogan because there is nothing in the proposed changes to differentiate between the two. The government could add a tax free threshold to non resident tax rates, but why would they guys like Paul Hogan a tax break? In relation to the DTA with Thailand, it must be remembered that whichever country has the highest tax has primary taxing rights. Eg. Australia taxes 32.5%, so you don't pay say 10% in Thailand. There are thousands of Aussie retires across Thailand. The Australian government would have noticed Thailand's new tax on remitted funds and may be tempted to update the DTA with a tax just above Thailand's, so not only is it the source country but also the primary taxing rights country. I have posted the DTA with Germany, and from memory, it was 15%. Interesting times ahead, but I disagree taxing expat pensioners will cost votes, and how it's financially beneficial to the Australian government to see as many pensioners as possible leave Australia to live overseas.

Many, including myself, have been avoiding paying non resident tax for years, and this is due to the many loop holes in the current 90 year old laws, which are mainly based around where an individual is "domiciled." The proposed changes to the tax residency laws will modernize to a physical presence and time based model. Outside of Australia for 183 days, you will be a non resident for tax purposes. It's as simple as that. No reviews. No appeals. The proposed changes do not have any thresholds, means testing, or exemptions, so they are not just for "guys like Paul Hogan." As the proposed laws stand, pensioners will be treated in the same way as someone who is self funded. It's been shown before the pension is deemed an income, at law. Are you on a pension? If so, you'll have to wait and see how the law is implemented, and if there are any changes to the legislation that has been proposed. If you are not on a pension, and are self funded, you are going to have to move all your income generating assets out of Australia, which includes liquidating property, if you have any, otherwise, you will be taxed at 32.5% by Australia, and under the DTA, 32.5% being higher than Thai tax, you should pay no tax in Thailand. I'm sure it will be fun explaining this to the Thai tax man. It's been shown before that foreign governments inform the Australian government of how much funds a foreign national is remitting. Keep in mind, Australia is now in the process of updating and expanding its DTA's, so the DTA with Thailand today, may not be the same DTA with Thailand tomorrow. Times are changing. Data bases are lining up. Governments are broke and desperate. The tax man is coming.

30,000 baht is a good night out.

That's a common way of "owning" a property here. It's better than the shortcuts many guys take by just buying the property outright, in the Thai girl's name. You bring up an interesting point about economies of scale. Land and property construction is a pitance up in Issan, but to live there, no way. As mentioned in another post, who works all their life to spend their retirement in near solitude, compounded by being surrounded by non English speakers, and by choice? Many have committed financially and emotionally to Issan, led like a sheep. A loss to a Thai girl because one put money down and everything in her name is still a loss, regardless of economy of scales. These guys wouldn't even contemplate a similar idea in their home country, but in Thailand, with a younger Thai women, they lose their sh*t. Renting and pays as you go gives you longevity and sustainability in Thailand, and you become no one's fool.

This has been debated on many other threads, over many years. In short, the fact is, no one flew into Thailand for their first time, and made their way straight to a rural village in Issan for their first ever visit to Thailand. They were introduced to the village by their Thai spouse, with many eventually getting trapped there, either financially, emotionally, or both. Who works all their life to aspire to reside in their twilight years before departing this world in a rural village of Issan? I've met some of these guys. They know absolutely nothing about farming, yet here they are, saying how happy they are with rural life. Of course, they appear in very poor health because they do everyday is drink. Met a guy one time who was boasting about his produce. I asked how much it is selling for a kilo these days. He didn't even know, just a blank look on his face. I'd had a few beers and couldn't control myself and just laughed. There are your own words. " Been quiet lately because I have been away enjoying the coast." Most of us get to enjoy the coast everyday. You are the one that put money down on something you don't own. You tool the classic short cut and are exposed. A loss is a loss, no matter the amount. You are the one that just weeks ago begged me to, and I quote, "come out and play." Now you have a sulk and pick up your bat and ball a go home. You may fool some of the people some of the time with your "interpretations" of the law and love stories, but you fool me none of the time.

Same source. https://community.ato.gov.au/s/question/a0J9s0000002ngF/p00172380 And this one. https://community.ato.gov.au/s/question/a0J9s000000O2y4/p00197245 The lodging of a tax return may be a moot point. The government pays the pension. The government knows you have been outside of Australia for 183 days. The government then deems you to be a non resident for tax purposes. The government then withholds 32.5% of your fortnightly pension for non resident tax. This is regardless of whether a tax return has been submitted, or not.

https://www.dyson.com/support/journey/tools/967479-04

No doubt that bell is a sweet sound for you. That's the bell signalling the end of anther round in which you are getting a beating.

No problem. As mentioned, keeping it on the network may save you going through the hassle the member in the other thread is facing. Leave it sitting somewhere for a year, but as more and more businesses move to 2FA, I am sure it will come in handy one day.

I enjoy the same comforts, if not more, in my condo, which is near the beach, not in a rural Issan village. Location location. You are the one that suggested I had been stung before, yet you are the one at risk, not me. You are justifying your actions by stating the affordability of rural land, and construction in Thailand. The fact still remains that you have exposed yourself to being "stung" and I have not, but then you seem to think I have been. Your posts about how you have a caveat on the property etc etc was just great entertainment from you. It gave me a good laugh. Yet, some of us simply don't "invest" here, so stand to lose nothing. The money for the purchase price of my condo is making more of a return for me back in Australia than the monthly rent costs me. The monthly rent is well worth having no property and maintenance costs, and the freedom to move should I want to / need to. It might be different if the rent was depleting my asset portfolio at a rapid rate, but it's not. Condo owners cringe when they see more and more development because it negatively effects the value of their condo. I smile because it's not only keeping rents low, but also driving rents down. A nice little story about love, but time and priorities, as well as health and family can change. Sometimes slowly, and sometimes in a split second. Who knows about tomorrow? Maybe one of her family members accrues big gambling debts, or gets locked up, and she has to sell the house. Maybe someone in the family gets sick and needs an expensive life saving operation and she sells the house. As mentioned previously, maybe she dies before you. Anything can happen. Yet, you post here how the house is yours because you can put a caveat on it. The question whether she would have still "loved" you had you not bought her land and a house is for another thread, but most would agree that had you not, you probably wouldn't be together right now. Not exactly a solid foundation for a relationship, yet, you want to preach on here about "love."

Article 18 relies on the Provisions of Article 19. When I asked for your "interpretation" of the Provisions, your reply was, and I quote, "Forget about Article 19." It's laughable. I merely said I would like to research more on the Provisions of Article 19, and their effect on Article 18. It wouldn't matter how many people on here agree with your interpretation, it's how the law is applied, and the way the ATO and Court/s implement that law. "Forget about Article 19" isn't exactly "crossing T's and dotting I's" is it?

You work all your adult life to barely exist in your latter years, yet boast on here how you own properties. You can't even dine out even once a week. You must watch a lot of "free" TV.

Get in touch with Surfshark and tell them to refresh one or more of their UK IP Addresses. Eventually, as UK expats all around the world see that this Surfshark server works with WH, then WH will blacklist that IP Address and your contact Surfshark again and so the Merry-Go-Round continues. If you have friends or family back in the UK, you can VPN into their router, if it's a half decent router, and not locked by the telco. This requires some technical knowledge of Port Forwarding. If they are capable of setting it up, get them to email you the VPN configuration file. If you / they can do this, you are done with WH blacklisting, forever, provided you don't share your personal VPN with 20 of your friends. For many, this will be too difficult, so, if you don't mind spending a few quid, I suggest you have a look at the below product. It's plug and play for your friend / relative in the UK. They do nothing but plug into power and into their router. Nothing more for them to do. You then do the same to the companion dongle in Thailand and connect to it's WiFi with a default password, which you can change. If you buy the companion dongle, there is no annual subscription, ever. The two mini routers make a constant VPN, and the speed is good. Whenever you want to go to a UK geoblocked website, you just connect to the AlwaysHome WiFi signal, then, for general surfing in Thailand, you connect to your home router's WiFi signal. If you want to just buy the home dongle for your friend / relative, and you use their app, there is an annual fee. https://www.homingsystems.com If all of this is too difficult for you, or your friends or relative, or you don't want to spend the money, I suggest you try a decentralized VPN. You pay really small money, usually in the form of crypto, to rent bandwidth off someone in the UK, usually at a residential address. Decentralized VPN's are reasonably new in the market. Due to being pay as you go, I have played with Mysterium and it it works for me. I keep it as a backup. https://www.mysteriumvpn.com If you persist with commercial VPN's, you will always be getting blacklisted. The above fixes the problem, permanently. I have a commercial VPN for privacy, and a personal VPN back to a router in my home country for geoblocking.

Did you read my post? I agreed with you to a point. Where I disagreed with you is having an Australia citizen who has lived and worked overseas most of their life, and never paid tax in Australia, return back to Australia at 65 or 67, receive the pension, and fly back out the next day. I would see this as "just pure theft" from the Australian tax payers. You seem to think it's fine, as if it's some kind of birthright. In this case, what does the Australia government / tax payer "owe" this person? Zero. They have to put something in place to stop the above. They set it at 2 years. I have suggested a perhaps more fairer system, based on "buying in" if overseas, or "paying in" in the form of tax, if inside Australia. The UK has a similar system. I have posted a list of countries that Australia has a social security agreement with and Thailand is not one of them. That's probably for another thread.

As mentioned in another thread, you might consider enabling roaming on that sim and keeping it on the network, as Two Factor Authentication (2FA) slowly becomes compulsory for many businesses. I rang a call center in Australia last week and before the staff member could even access my account I had to tell them the 6 digit code they sent to my Aussie sim card / phone number. I would not be surprised if the banks start to implement this for internet banking in the future.

Late to the thread, and you probably already have your new vacuum, but Dyson are available in Thailand. They are a leading global brand of vacuum cleaner. https://www.dyson.co.th/en-TH/products/vacuum-cleaners

Couldn't stop laughing at your post for 4 weeks. Finally composed myself in order to post again.

Hopefully, the proposed changes to residency tax laws will not make this year's May budget. The Labor government has shown an interest in the proposed changes, with the Assistant Treasurer stating they are in the government's "in tray." (link previously provided) Also, the Labor government moved the proposed changes onto the consultation stage, which has since ended. (link previously provided) This tends to show that both parties have shown a willingness to pass this legislation. https://www.pwc.com.au/insights/federal-budget-2023/analysis-and-insights/unenacted-measures.html "There are several tax measures announced by the former Government that are outstanding with no indication of whether the current Government intends to proceed with them, including the previously announced changes to the tax residency rules for individuals and companies, and reforms to Division 7A (relating to private company deemed dividends)."

Checking in on Australia's debt clock. https://australiandebtclock.com.au "She'll be right, mate."

That's a shortwinded admission that I didn't use the word "anyway" in my post. How did you manage to mess that personal attack up so bad?

Weren't you the one that begged me to "come out and play" and boasted how you "shamed me" and I left with my "tail between my legs." For someone who believes their "interpretation" is right, and everyone else's is wrong, you have been quiet lately. I guess that's out of embarrassment.

Wrong, as usual. Never sent money for a sick buffalo. Never bought property here. I have nothing in Thailand I couldn't walk away from tomorrow. You, on the other hand...................

Quite a few on the list. https://www.dss.gov.au/about-the-department/international/international-social-security-agreements/current-international-social-security-agreements

Why would you think that an Aussie who has lived and worked overseas for most of they life, without paying a cent of tax in Australia, be able to come home at 65 or 67 and put their hand out for the pension, just to turn around and leave again? That would be "just pure theft" from the Australian tax payers, and I suggest, that's what the 2 years is for. When you look at it in this way, 2 years is generous, not to mention, the person receives the pension upon arrival. Where the 2 years is unfair is when someone lives and works and pays tax in Australia for most of their working life, then retires early overseas, say around late 50's, and a few years later, come retirement age, are told they have to stay in Australia for 2 years to achieve portability. It appears the system is based on time, rather than the amount of tax paid. Maybe something closer to the UK system would be fairer, where you can buy into the pension, regardless of geographic location, which is a little like our Super scheme.