KhunHeineken

Do you have any content to post?

I've never volunteered this information. My bank/s have always had to ask me for it. Maintaining a "domicile" in Australia, my reply to them is I am still a resident for tax purposes. How each member answers the question is up to them, however, making a false declaration is an offense. I suspect after the proposed changes are passed, it will not matter in the future anyway.

Haven't heard from Ego about this youtube clip at 18:50 minutes. Maybe he missed it. https://www.youtube.com/watch?v=y1chBfp8_XE We could all do with his expert interpretation on it.

Every May budget and every 1st July they are not passed I celebrate another year of not paying non resident tax. The party has to end one day, but ostriches don't like hearing about it.

35% of not much is, well, not much. I suppose if it pays for a box of Leo a week then that can be considered profit.

But pig farms are.

Pig farms in Thailand are a safe haven during these times of instability, if you can get a work permit.

The best investment in Thailand has always been no investment in Thailand. Rent, and pay as you. It's been a proven money maker over decades, and may save your life.

If only we knew when the next military coup was going to happen, then that's the time to short the baht. A little like placing a bet on the date of the election in the UK.

Why not just read the law, and not what you "want" to be correct?

Why are you buying only one condo? You should buy two condo's. The second condo is just as good investment as the first condo.

Yes. I agree.

You might want to do some due diligence on Express VPN. https://www.cnet.com/tech/services-and-software/expressvpn-cio-among-three-facing-1-6-million-doj-fine-project-raven/ They lost a lot of customers over this, and I would never trust the company.

Why would you want it, or prefer it?

Wired is always faster than WiFi, and no interference from other signals. Simple as that. Mining requires little internet, but a lot of electricity. It could be what he's up to, but if it's a monthly booking, you should be metering the electricity anyway, otherwise, people just leave the A/C running 24/7.

Not pensioner, correct. Not retired, incorrect. Not living in LOS, incorrect. Boomer basher, rubbish. Interesting you think every comment about some sort of tax, from any member, means they are "boomer bashing." Who gives a rats what generation you are from when it comes to tax? Cry me a rive, "boomer."

Same comment as the other thread. When's the last time you have posted some content?

Has the Assistant Treasurer for Labor, Stephen Jones, forgot about it? Liberal surely haven't, they proposed them. The current laws are 90 years old. For how much longer do you think they will last before being moderized? https://www.afr.com/policy/tax-and-super/assistant-treasurer-flags-new-tax-residency-rules-20220826-p5bd1v What about meeting the factor tests? What about expat retirees who haven't been home in years? Any advice for these people, when the proposed changes are passed?

Well, I guess Albo, who you said would be everyone's your saviour, didn't come to the party.

Really? Which one of those famous comments was yours a while ago, and there were many? Was yours the "that's only for guys like Paul Hogan" comment?

That's just capitalism, right?

Spot on. As foreigners, we have no rights here. That retirement visa / extension is nothing more than a 12 month tourist visa. As I said before, the Thai government says" jump" and foreigners ask "how high?" We'll pay what they say we have to pay, right or wrong, and if we don't like it, either leave, or only stay 179 days in Thailand in the future. I'm staying this year, and they will get me for this year, if they do, Thailand will get me once. That's the chance I am giving them. If I feel it's a rip off, it's Thailand 179 days, Vietnam for the rest of the year, with a few days in Singapore for the F1 to be under the resident for tax purposes days for both countries. Thailand is an unstable country, and I have never trusted the government or those in authority here, ever.

WHEN the proposed changes to tax residency are passed, that "pretty standard info" changes the game for many. Eg. Pattaya57 has been outside of Australia for 183 days, thus, no a non resident for tax purposes, therefore, non resident tax brackets apply.

Could be the case. I'm not sure. However, I would say the Vietnamese want to go to the UK to work, not to get on benefits, like those crossing the channel.

The member bangs on about a great lifestyle in Australia on the aged pension. If it's so good back there, why aren't all the Aussie pensioners living back there, and not just those in Thailand, but everywhere, including places like Bali etc?