KhunHeineken

That's my understanding. Designed so money is stripped out of the Thai economy.

Correct. I think it was you, Mike, who said the date to be deemed a resident of Thailand for tax purposes for the 2024 calendar year is the 27th June 2024, which is the 180 days. After that date, you are caught up in the net, and along for the ride, whatever that ride may be, which will not be known until the 1st January 2025. Interesting times ahead.

Yes, but defense is not the biggest employer in those countries. In the USA, defense is the biggest employer. It's been said, America needs a war about every 20 years. It's good for their economy. It's obvious why. Is an economy based on bullets, bombs, and conflict, sustainable. Serious question.

Well, clocks are still there. https://www.worldstopexports.com/switzerlands-top-10-exports/ Switzerland’s Top 10 Exports The following export product groups categorize the highest dollar value in Swiss global shipments during 2023. Also shown is the percentage share each export category represents in terms of overall exports from Switzerland. Gems, precious metals: US$127.2 billion (30.3% of total exports) Pharmaceuticals: $98.8 billion (23.5%) Organic chemicals: $40.3 billion (9.6%) Clocks, watches including parts: $29.8 billion (7.1%) Machinery including computers: $25.9 billion (6.2%) Optical, technical, medical apparatus: $20 billion (4.8%) Electrical machinery, equipment: $14.7 billion (3.5%) Mineral fuels including oil: $6.4 billion (1.5%) Plastics, plastic articles: $6.15 billion (1.5%) Perfumes, cosmetics: $3.87 billion (0.9%) Switzerland’s top 10 exports accounted for 88.8% of the overall value of its global shipments. Switzerland doesn't even offer private banking anymore. Ouch.

Firstly, I would just like to say for the record I am not anti-American. That said, the defense industry is the biggest employer in America. It's interesting that America has defense deployments all around the world, and is supplying arms to the two main conflicts in the news at the moment, being Ukraine and Israel. I have no doubt the supply of arms are also flowing to rebels / insurgents etc in other conflicts that America can not be seen to be supplying. Then, there is the supply to fellow allies. We all know war is big business. Even bigger business if the war is over oil. Do you think an economy based upon defense and war is a sound one? Serious question.

As everyone knows, a tax policy without ANY form of collection / enforcement is no policy at all. Many, including myself, have put forward the possibility of yet another document needed by immigration at extension time. That document being from the TRD. It's all speculation at the moment, and I guess we will see how Thai authorities will enforce their tax policy early next year, but in relation to foreigners, if not attached to a visa / extension, what do YOU think they will do in order to collect tax of foreigners? It's easy to criticize the thoughts of others, but why don't you post your own thoughts and put them up for discussion / criticism?

How do you think it should be "expressed" then?

We are not discussing 20 year afgo, are we? Would buying a condo no be a good investmnet? Yes, or no? Simple question.

Surely such a great "investment" made the paperwork associated with getting a work permit worth it.

Nope. I rent and pay as I go. I have nothing I can't easily walk away from and head straight to the airport, within the hour. That doesn't make it a sound investment though, does it? And you said you are not invested in Thailand. In what way did they turn out "ok?" No fear of risk here. I take somewhat of a risk in my home country, a place where I am a citizen, and I have rights. The right to reside in the country being the main one. You could 5 Thai companies, a wife, 3 houses, 4 kids, 2 cars, 3 motorbikes, a bar, a shop, a farm, but you have no right to actually remain living in Thailand, past a visa. You only see the risk of return on investment. I see that risk, plus a lot more.

Couldn't afford to run it.

Very old photos, but let's just say you do actually own these two houses. You could sell one and and keep one, but here you are miserable in Australia, to the point you have to post on a Thailand forum how great it is back in Australia on a pension. The Thai missus is obviously wearing the pants She'll clean up, after you waste away your latter years in life in Australia, and then die. Yeah, Blind Freddy and all that.

Oh, I know they are not in your name, but they are yours. That's why I call you out for being the criminal you are. You are committing fraud.

But not Australian by birth.

The US have good printing presses.

So you are not even Australian.

It's nice to have it sitting in the garage for if / when you wouod like it / need it. You can't even afford a car. What a miserable existence, yet, her you are, promoting nothing more that $11 cask wine.

The data bases are all starting to communicate with each other. Gone are the days of claiming you only earn $50,000 a year, but the Land Titles Office show you own 2, 3, 4 or 6 or more properties. You might get away with it for a while. You might get away with it until you die. You live in Australia, whilst members of this forum live in Thailand. You really must have a sad existence coming onto a website like this, trying to see fridges to eskimos, or, trying to make yourself feel better.

So what went wrong that you still have to live in Australia, rorting Centerlink, and not living in Thailand?

Here we go again. No car, no entertainment, no dining out, no sports, actually, nothing but unsubstantiated $11 cask wine. Yes, still waiting on that link. What a miserable life, but here you are promoting going back to Australia to expats in Thailand. Laughable.

Put the house in the Thai wife's name, then claimed they broke up, then rented it off her for bugger all. Fraudster, but he's dirty he has to live in Australia. while the wife earns and sends it all back to Thailand, and we are living here. What a prison he's made for himself.

I'm sure the ATO and Centerlink would be interested in what you post, you fraudster.

Expenses???????????????????????????????????

Nothing right with it, other than price, either. You gotta laugh.

The word being "lived" and not "living" so how / why is this website relevant to you, when you are living back in Australia?