KhunHeineken

What is it with you and calling out every post from everyone as "scaremongering" just because they disagree with you. It's my opinion, I've posted it, as am entitled to do so. You don't have to agree with it, and I am happy to debate it, but it's certainly not scaremongering. Tax is just another bill to pay, and many may like to sit back and see if that bill is actually going to be attached to the money they remit to buy a property, or, all of this tax policy fades away and they happily remit and buy. I have suggested many may hold off, not walk away.

What you think is fine, and you are entitled to think what you want. I simply disagree. I have put forward my opinion and I stand by it.

That's incorrect. I have explained myself in my reply to your post. Basically, if I upgraded my PC 30 mins ago, and then manually searched for updates, it's going to say you are up to date. That doesn't mean downloading and installing updates has been performed on unsupported hardware, does it?

Ahhhh, I agree, but you installed Windows 11 yesterday, so the latest ISO had all the updates included in the download. I know when you started the machine up today it checked for Windows Updates, but since you were up to date, there were none for you to download and install. This is why I am looking for a member who upgraded late November to early December on unsupported hardware AND got the December cumulative update. I would like to know if it worked. I could wait a couple of weeks until the January cumulative update for members to post, but just thought someone out there may have upgraded about a month ago and can report on the December update.

Please show me where I used the words, or even suggested "rigid enforcement." You are misquoting me. I was the one who put forward all this may be is an earner from the TRD for a Certificate of Clearance for say 500 baht, like the Certificate of Residence. Anything could happen. We don't know at this stage. I have said that if someone was considering buying a property in Thailand, they may be best to hold off for a while to see if this tax is "rigidly enforced" or ends up a joke. For me, that would be just part of due diligence. If this tax is enforced, can't you see it may knock a few out of the game here? There's already foreigners living in places like Cambodia for example, because it more affordable. If enforced, this tax makes living in Thailand more expensive for many. Do you agree or disagree, and note I said more expensive, not unaffordable, and more expensive means even 1 baht more expensive, which shows collection and enforcement will be in place. I've said for some time now that the day is coming the 800k / 400k / 65k will increase. It's been at these levels for decades. That would also knock a few out of the game, but that left for another thread. Basically, by raising the cost of being allowed to live in Thailand, you attract people with more money. Right?

Who cares where the buyers come from? Why is that relevant? Or, are you suggesting Chinese and Russians are exempt from tax on remitted funds? The simple fact is, if a property was say 5 million baht before this tax, you paid 5 million baht for it, exchange fees aside. Now, you still pay 5 million baht for it, but at the end of Thailand's financial year, you MAY be have to pay tax on the 5 million baht you sent to Thailand to buy the property, thus, making the property more expensive. I gave the same example for a car purchase, and a major medical operation some time ago. They both MAY become more expensive because the larger remittance to Thailand MAY be taxed the following year. In my opinion, people with knowledge of this tax, who are considering buying, may hold off in 2025 to see what unfolds. You are entitled to disagree with my opinion, but it's my opinion never the less.

Or, it attracts only the more wealthy, and over the coming years, the poorer farang are weeded out. Think about it.

Is English your first language? Why would anyone rehash your rubbish?

I guess this guy was just unlucky. https://www.khaosodenglish.com/news/2024/02/22/chonburi-police-arrest-3-chinese-nationals-in-two-criminal-cases/

I'm not American, but if this tax policy does end up having some "bite" then it's 179 days Thailand, and 6 months in Vietnam. There are only 3 month tourist visas in Vietnam, so I would time it that the 3 month visa run would be the Singapore Formula 1 race. Back to Vietnam for 3 more months, then to Thailand for another 179 days. Rinse and repeat. No problem for me. My friends in Vietnam have told me Vietnam has no problem with back to back visa runs.

The "cost" will be different for everyone. I have said in the past, if Thailand taxes me to the point I feel it's a rip off, it's 6 months Thailand and 6 months Vietnam. No problem for me. Thailand hasn't got me on the hook. It's not like that tax is giving me any rights here, going towards permanent residency, or anymore use of infrastructure etc. Eg. medical. Basically, is money going out for nothing.

I agree, but the funny thing is, this policy would seem to make an incentive for the wealthy to leave Thailand for 6 months of the year, whilst retaining those with less funds at their disposable, thus, those not inputting much into the Thai economy by way of spend. Interesting times ahead.

Passing taxation rights to another country doesn't mean the funds are tax exempt though, does it?

Now that the tax policy is more widely known, I predict it will have an impact on 2025 sales. Just my opinion. Can you post a link where you got these figures from? I was not being condescending. Everyone is entitled to their opinion. I just happen to disagree with yours as to why this tax policy may fade away. I certainly agree with you about Thai nominees being used to purchase property. That time bomb is still ticking. It will go off one day, and not just for an individual, but collectively. Yes, I am on the opposite side. Where's there's smoke there's fire, and I have never know the Thai's to walk away from an easy baht. I've said before, for most, all this tax policy may mean is paying 500 baht for a Certificate of Clearance from the TRD come extension time. Just like the Certificate of Residence is free, but most pay 300 baht for it. Just an earner for the TRD, like immigration do. We don't know at this stage how it will unfold, but there's foreign cash cows there to be milked all over Thailand, and I just can't see that ZERO will happen.

Thanks, but there were no updates released today. They may be in the next 2 weeks. Can you post back and let people know if you received them. This is why I asked about people upgrading late November early December, and receiving the December cumulative updates. Did they work? Like I said, I wonder if Microsoft can patch / block these upgrades at a later date. I also did read that in order to get the latest feature updates it would require a whole new Rufus install, which is not a problem, just a PITA. I could upgrade tomorrow, but if they are going to play games in October, or earlier, I'll save my time and stay with Windows 10.

Rent per month isn't really going to rack up a significant tax bill, but moving a larger sum of money to Thailand to buy a property may do, so of course I was talking about sales, not rentals.

It sounds like you have quoted 2023 information / stats for 2024. Can you post the link where you got these figures from? I predict there will be a slump in property sales in 2025, as many prospective buyers, particularly those recently retired and wishing to relocate to Thailand, sit back and wait to see how this remittance tax unfolds, no matter what the Thai government says about foreign ownership of property laws. Does it really matter if foreigners can own 60% of condo's in a block as compared to 49%? I see you have put forward "the Thai's would never do that because they would lose too much money" and "the Thai's don't have the infrastructure in place to implement this policy" argument. I said from Day 1 they must have something up their sleeve, however big, or small, we are yet to see, however, if I was considering buying a property in Thailand, I would be holding off, at least to the second half of 2025.

Link?

Ok. I have read that feature updates will also need reinstalling with the Rufus method. Was that your experience with the latest feature update, or did you just stick with the older version?

Happy New Year. Now, do you feel better?

I know how to do it. That's not the issue. Would you care to comment on Microsoft's patching of these unofficial upgrades? I am particularly interested if the patch can be retrospective, meaning, Microsoft can / will detect Windows 11 on unsupported hardware in the future and block updates. If this is the case, I'll save my time and not upgrade.

Thanks. Can you tell me how long ago you did the upgrade? Do you know if the Rufus method can be patched by Microsoft? I mean, for new installs, plus existing installs.

No over excitement here. Just merely commented that Microsoft's push to have people upgrade their hardware may backfire, whether it be with Google, paid third party updates, or unofficial work arounds. I could understand with very ancient hardware, but with Core i7 processors. Really????

I know it's been covered, but that was pre Microsoft patching. There hasn't been too much recent information since then. I bumped the thread from early November. 2 months ago. I have read the work arounds still work, but you don't get updates, so not much point upgrading. I have read the work arounds work, completely. I have also read the work arounds no longer work. I have also read some of the work around work, while others have stopped working. I don't need spoon feeding. I bumped the thread to request any members that have upgraded in the last few weeks, but prior to the December cumulative update, to post of their experience.

Two Australian cities are in the Top 10 of the world as the most expensive for property. That has to be passed onto the consumer when we are talking about commercial rents as well. That means $250 breakfasts. Anyone would think Australia is short of land, like Hong Kong, Tokyo, Singapore etc, but there is plenty of land and only a 28 million people population. This disaster has been made by design, so the rich get richer. https://www.canstar.com.au/home-loans/expensive-cities-buy-property/