KhunHeineken

Perhaps you can "gift" one of the kids a car, and they let you drive it, if you know what I mean.

Yes, but he'll tell you he ploughs money into the Thai economy, and how the Thai government would never get rid of him because they would lose too much money.

And they are all smart enough to know that "my girl is different." It's pure genius.

You have 432 posts on this thread, nearly more than double the member with the second highest post count. It's the same for the other tax threads also. In all of the threads you tell members about the tax they will have to pay, yet claim I post about "the sky is falling." Really????

The Wild West (Cambodia) is way behind the times, and they don't seem to go for the jugular like Thailand does with foreigners.

Why not set up a bank account in a neighboring country that you like? You go there for a small holiday every now and then. Go to the bank. Withdraw a sum on money the day before you come back to Thailand. Declare the money. Throw it in the safe and live of it for a while. ATM withdraws for the offshore bank helps as well. Just remit as less as possible. Why not spend the 111,000 baht on holidays, rather than giving it to the Thai government for NOTHING. It's not tax avoidance. It's tax minimization. Some may argue this, but TIT, so the chances of any problems is near zero. Did the same when in Singapore for the F1. Brought back a chunk of money.

Yes. Best visit now, before there is an insurrection.

Wars raging all around the world, and Mr. Drill Baby Drill soon to take power. Pretty obvious, isn't it?

Happy New Year.

What new links? There have been no links. I bump a thread asking has anyone upgraded to Windows 11 recently, but more specifically late November / early December, and if so, did they sill get the 12-2025 Cumulative Update? Simple question really. It was then followed by trolling because it's too unbearable to think Microsoft will discover and patch out the work arounds, retrospectively, which they have already done for some methods. How long before they get around to the Rufus method? I was just wondering if they were already there.

It depends what "magic" AKA "tea money" an agent or accountant can pay to make a bigger tax liability disappear. Right? Then, it becomes financially beneficial to pay the agent / accountant. As I have said, numerous times, the TRD may just want their snouts in the trough in the same way immigration have had them in the trough for decades, and let's not forget, the money goes all the way to the top. So, create a new revenue stream, taxing foreigners on remittances, then offer them a "black" way out of paying the full price, no receipt of course, they get their Tax Clearance Certificate for their extension, and the Thai's are happy. The foreigners less so, but still better than one paying their actual tax liability. Cha-Ching.

I agree, and whilst many think it's just for the big fish, the laws do not, and can not discriminate, so the little fish are caught in the same net also. True. There are also countries making it harder and harder to still claim to be a resident for tax purposes, to availe themselves of tax free thresholds and exemptions. It's been the source of much debate in the Australia forum where the government has proposed changes to tax residency laws that are similar to Thailand, and that is 183 days inside Australia, you are a tax resident, but outside of Australia for 183 days, you will be deemed a non tax resident, and the tax rates on non residents starts at 30% from $0 to $135,000, no tax free threshold, and no exemptions. Pensions are deemed an income, pensions are taxable, there is no exemption for the aged pension, there is no means testing in the proposed changes, and the aged pension is not covered by the DTA, and the Aussie expat is in Thailand full time, so over 183 days. Put all that together and it doesn't look good. Time will tell how that unfolds, but I completely agree, the noose is tightening, even for the little fish, whether that be resident or non resident for tax purposes.

That's because no one has posted a link showing it. Perhaps you can. I mean, it would be great to know what Microsoft are going to do in the future.

Are those prices just to obtain a Tax ID and to file, or those prices including making any tax liability you may have disappear as well? Serious question.

Maybe for now, but as Microsoft keep "patching" perhaps Windows 11 won't care if it is a pirate version, but will know it's on unsupported hardware, so no more updates.

I accept this, but if that money is "parked" in Thai property, it's causing a "bubble" is it not?

The world has just experienced high inflation and living costs, and my country, Australia, as well as others, had the shortest and sharpest increase in interest rates in over a decade, causing mortgages to become unaffordable to many, so they sell, and you think it's "hypothesizing" and "worse case scenario." What planet are you on????

It's a disgrace. You now have Aussies of child baring age unable to afford to have more than one child. May as well call it "Australia's One Child Policy" via the back door. The banks, insurance companies, all three tiers of government, and the tax man, including share holders, all getting rich on the pain and suffering of hard working middle class Australians. On top of that, you have electricity, gas, petrol, water and food. It will not stop until every cent someone earns MUST go back into the economy, leave ZERO to save.

Why resort to insults? Property markets, all around the world, are effected by external factors. Say Thai banks raise interest rates 2, 3 or 4% over the next year. Thai's can't afford their mortgage, so foreclosures across the country, a glut of property on the market, prices go down. Say the Thai government pull the pin on the ticking time bomb that is foreigners using Thai nominees. Told to sell the property or it will be confiscated etc. A glut of property on the market, prices go down. Stay the Thai government announce a new land / property tax. Property becomes a less attractive investment, so owners bail out causing a glut of property on the market, prices go down. Say China goes into Taiwan. That would have interesting consequences for Thailand. Terrorist attacks, natural disasters etc etc etc etc. All have an effect on the property market in the short / long term. History shows this, in every country. It also can work in reverse. Remember when car manufacturing companies where considering leaving Thailand some years ago? In order to keep them, the Thai government lowered taxes and offered incentives to buy a new car. New car sales spiked, and a year later there were a lot of defaults and a glut on the secondhand car market. Point being, as said, external forces can have an impact on the property market. Now here's the Thai government announcing a tax on remitted funds. Just imagine a retiree selling up and scrapping up their life savings to buy a condo in Thailand, and then living fortnightly / monthly on their pension, only to be hit with a tax bill the year after for hundreds of thousands of baht, which they may not be able to afford. Would you not advise such a person to hold off? It's been said many times over many years, come to Thailand and rent in the building / area you like before you buy. I suggest many should do that AND to also see how this tax unfolds to know the true cost of the property they are considering buying. I have said this of buying a new vehicle, and also mentioned that any unforeseen medical operation could cost more also. My question remains. How can YOU know the property sales data for 2025 when we are only two days into 2025, yet, call me a "stupid man?"

I agree. For some that have no choice but to stay and pay, this tax could impact their lifestyle, and that of their family. Of course, depending on their income stream, but the bigger the income stream, the more tax to pay, and in my opinion, it could get to a point that it's just a rip off.

Sure, but I was speaking in general, and not to your specific circumstances. Many seem to think their country's DTA with Thailand means there is no tax to pay in Thailand. I posted this clip in another forum a while ago. I'll post it here also. He explains it quite well. He calls it "The double taxation treaty myth."

As I have said in the past, when I say one should not confuse the words "more expensive" with "unaffordable" I mean one may still be able to afford to live in Thailand, and cover any tax liability, but surely there is a line in the sand where one would feel they are being ripped off. I understand staying due to emotional attachment. I guess the Thai government is banking on that also.

Looks like you are back on it again tonight.

Correct, and that is the cause of the figures displayed in the below link. http://australiandebtclock.com.au

If you have data for a 2025 prediction, please post it. We are only a day into the year. While you are at it, please post the next Thai lottery winning numbers. I'm sure based on last year's winning numbers, the data will be accurate.