KhunHeineken

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.

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.