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Everything posted by khunPer
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Yes, and I'm fully aware of all that, but I wrote "follows the property" - self-understood house and home, including a condo - to explain the difference to the Yellow House Book, which is an address confirmation for foreigners, but not mandatory to a house. I explained further about The Blue House Book in later post...????
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@chocolatesound1, you need to visit the Tessa Ban office in Nathon, the district office opposite the Caltex gasoline station. Google Street View link HERE, looking towards the correct entrance. The desks at left are for House Book registrations. Preferably bring someone that can speak Thai - they speak very little English - and your passport and the title deed for the property. The staff is very polite and helpful, and they will tell you the procedure, if they cannot instantly replace the house book...????
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If it's the one next to the Pavilion Resort, it seems to be closed - Google Maps says "permanently closed" - or under reconstruction, just as like Pavilion. This is how it looked last time I snapped a photo; however it's a year ago now, i.e. 10th October 2020...
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In the always unbearably bright light of hindsight, some folks will realize that they should have save some up in a private retirement pension, or just saved something up in something...
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More COVID cases in Surat Thani?
khunPer replied to phetphet's topic in Koh Samui, Koh Phangan, Koh Tao
5th December Samui +17 new cases Phangan +21 new cases Koh Tao, no data Source: Kohmui.com Koh Samui: Bophut 8, Maret 5, Maenam 2, Ang Thong 1, Taling Ngam 1. -
question concerning debts and liability of children
khunPer replied to earthscar's topic in Family and Children
I realize that you understand my initial point... -
Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
Thailand shares tax information with numerous countries due DTAs, sharing tax information is the basis for a DTA. The Thai tax-man - which in real life are a pair of polite ladies - might show up with information about income from one's fhome country's tax department, to check if tax have been duly paid; I talk from experience, so does several of my country fellows living here. If you live here, don't be surprised to get a visit from the taxman, even you are not registered for income tax. As with any visa and extension of stay based both the entry visa and condition for extension, it has all the time been depending of changes, and it has worked quite well so for many years. My initial comment was my opinion of a solution for having numerous both digital nomads and remote workers to spend time or settle in Thailand, and both spend money and pay income tax, by making simple rules that are not to distant from the present rules in use. Aiming for high educated digital nomads and remote workers in a relative high income level - as it has been mentioned before - will in my opinion not be likely to get the wishful million of arrivals. That said, I need to mention the joker, I have idea if there could be a million Chinese coming that fulfill all the high level demands...???? -
Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
What are the existing rules for digital nomads and remote workers..????? -
question concerning debts and liability of children
khunPer replied to earthscar's topic in Family and Children
Which is done by a court and can take quite some time; in the OP it's mentioned that the debt was presented was during funeral preparations, which is the base for my reply...???? -
Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
Not at all, income tax system will not be changed because of a relative small number of foreigners...???? -
Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
Anybody that stays more than 180 days in Thailand is tax-resident, and fully income taxable to Thailand, including all us staying on retirement extensions, or whatever extension of stay we might use. But of course numerous of expats with foreign income are covered by a Double Taxation Agreement (DTA) for part of their income, or all their foreign income, others can directly have benefits from using a DTA, and pay less tax in Thailand of income from their home country, if they transfer the money into Thailand. Thailand's income tax is a great benefit for many that originates from developed countries, it seems like you may not know enough about Thai income taxation...???? -
question concerning debts and liability of children
khunPer replied to earthscar's topic in Family and Children
The debt will be part of the deceased estate, if the children are taking over the estate as heritage, they'll have to pay the debt. -
Prices of Land in Issan
khunPer replied to dkg224's topic in Real Estate, Housing, House and Land Ownership
I know several that are farming Chanote title land, including the farm land I invested in...???? -
Prices of Land in Issan
khunPer replied to dkg224's topic in Real Estate, Housing, House and Land Ownership
Going price for Isaan farm land in Surin area - near Buriram - is around 100,000 baht per rai, however up and down depending on title deed and especially location. A smaller plot close to, or in a village, can be priced higher per rai; from that view 400,000 baht for three rai seems fair enough, without knowing specific details and deed title. A relative small plot of land with Chanote deed title at an attractive location can be priced well over 100,000 baht per rai...???? -
O-A extension, why need insurance?
khunPer replied to Chiller's topic in Thai Visas, Residency, and Work Permits
The extension of stay seems to be linked to the entry visa, and the O-A gave you the option of keeping your funds in your home country, instead of a deposit in a Thai bank, or proof of monthly income transferred into Thailand. To my understanding, the O-A visa is a solution in a specific number of countries for retirees that wish to spend a up to a year in Thailand. My friends using it are so-called snow birds coming for just less than 6 month - keeping their minimum 180-days benefits in their home country, and not being tax-residents in Thailand - and applying for a new O-A visa the following year. Solution: Use a non-immigrant type O visa instead, and extend your stay based on retirement on that visa, like most of us expat-retirees do...???? -
Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
There are also "digital nomads" that stays for long time - I know quite some, and they stay for longer periods - but perhaps you should rather call them "remote workers", which my post includes...???? Short term nomads can already use tourist visa + 30 days extension, or just visa exempt + 30 days extension, and spend a lot of money while staying in the Kingdom... -
Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
I'm from Scandinavia so I don't want "my terms", I just love their incredible, almost unbelievable, low income tax terms...???? -
The interesting comparison is not to last year, which was an pandemic year with lots of close downs and thereby low prices, for example for fuel. Instead it's interesting to compare with how prices were before the pandemic, two years ago. The ideal inflation rate is according to economic experts at 2 percent per year. The Consumer Price Index is a good source to to follow what we can buy for our money, and what income increase we need to obtain equal buying power. However, you shall bear in mind that difference in life-style from the ideal index individual might change the need of personal income, as some products might raise more in price than others, and something might even become little cheaper. If you buy lots of stuff that increased more in price than average, you might focus too much on that, and feel that prices have raised a lot. Looked year to year the average consumers prices have increased by 2.71 percent... While compared to 2019 index, before the Covid pandemic, the increase is 2.25 percent, which is an average annual consumer price increase of more modest 1.13 percent... Source for Thai Consumer Price Index is HERE.
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Can Thailand become a digital nomad hub?
khunPer replied to Jonathan Fairfield's topic in Thailand News
To be a hub for digital nomads and remote workers, or just a place they'll prefer to stay, Thailand need to clear the question about work permit when working only for customers abroad or foreign employers - many digital nomads might be self employed, while remote workers are employed by foreign companies - and make the visa access paperwork attractive without too many complicated demand of for example education. Instead claim a mandatory income tax registration, and some level of minimum health insurance. The latter could be like the 400k+40k baht retirement insurance claim, which could cover for public hospitals; one can still buy higher insurance cover, if one wish. Income tax is easy, all money taken into Thailand - if not covered by a double taxation agreement - are income taxable, and the amount shall be enough to pay for living costs, which could be like equal to marriage conditions or retirement conditions - like 40k or 65k baht a month - with an optional savings deposit combination, where those of 400k or 800k baht already in place are not unreasonable high. It's more simple to understand if similar rules and amounts are used all over. The benefit for the nation is - apart from some income tax - that more people will spend money, and especially supporting local business, including small shops and self employed Thais. Those making huge money - successful digital nomads and well paid remote workers - will pay more tax and spend more money, and they might even invest some of their income in Thailand in for example homes or equity. It can easily be win-win for all...???? -
More COVID cases in Surat Thani?
khunPer replied to phetphet's topic in Koh Samui, Koh Phangan, Koh Tao
3rd December Samui +10 new cases Phangan +10 new cases Koh Tao, no data Source: Kohmui.com Koh Samui: Bophut 16, Maenam 4. 4th December Samui +13 new cases Phangan +13 new cases Koh Tao, no data Source: Kohmui.com Koh Samui: Bophut 4, Maenam 5, Ang Thong 4. -
Greenland and like areas are still much better...????