Psychic

Sorry for the multiple posts. Hit "submit" and nothing happened.

This is from Khaosod. I'm not sure what exactly this means. Given TAT maybe they'll make it harder. 🤣 But a few things that would improve it. Scrap the 90 days. Reduce the 800,000 holding requirements And definitely get rid of the proposed tax residency rule with all the associated paperwork. It only reduces the amount of money people will bring to the country. "Restructuring and reducing the number of Non-Immigrant visa categories from 17 to 7, starting in September 2024. Adjusting the criteria and conditions for the Long Stay visa for elderly people who wish to spend their retirement in Thailand, starting in September 2024.... อ่านข่าวต้นฉบับได้ที่ : https://www.khaosod.co.th/khaosod-english/news_8258349

So since the Thai tax on inheritance is zero up to 100 million baht (approximately $4 million Canadian) there would be no tax payable on that? Just trying to determine if they would use similar rules on the same thing from abroad. Applying the Tax Rate Once the net value of the estate is determined, the appropriate tax rate is applied. If the estate's net value is not over 100 million baht, no estate or inheritance tax is due. However, if the estate's net value is above the threshold, a 5% tax rate is applied. "

How far would "tax already paid in the home country" extend? For instance a sizeable inheritance goes through probate court (in Canada). The probate tax rate is only 1.8% with no further taxes on the beneficiary. Could this be judged as funds that are already taxed? Or would bringing a large lump sum be hit with 30-35% Thai taxes?

So if I have this right I need to extend my time out of Thailand to 6 months avoid this entirely. And if foreign money is only taxable if it is brought into Thailand then there is a disincentive to bring large amounts of money into Thailand. I just don't see how any of these options benefits the Thai government. Every thing purchased in Thailand is subject to tax. Reducing the amount purchased only reduces that tax. Add to that the fact this will further discourage new retirees coming to the country and spending significant sums and this just seems an absurd policy and a violation of the principle of no double taxation. Do I have anything wrong here?

Mine is marriage based so considerably harder to do from scratch. I can do a retirement with the combination of funds and pension. But it sounds like Canada will return the old passport. The last lady I spoke with said she could see it was to be returned and she would try to expedite it. God only knows why it is so slow. It would be nice if you could just get the old one invalidated in the Service Canada office and returned immediately while waiting for the new one. But you have to hand it in. Perhaps it will be different in Thailand if it is explained why you need it. The whole process is outdated. I renewed my Irish passport online and had it delivered to Thailand in a little over a week.

Hi I returned to Canada and submitted an application for a new passport and had to hand in the old passport. Checked the box asking for it to be returned but they didn't. My wife has checked with the local Thai immigration office who told her I couldn't transfer to my new passport even though I have copies of the visa and reentry permit from the old one. Which seems stupid because you can if you lose a passport in Thailand and get a new one. Might have something to do with coming back into the country without the reentry stamp. I am still checking this out but it is not looking good. Still hoping the old passport will come back but that seems unlikely. When l contacted Canadian passport services they told me that they might have rushed the new passport and the old one could take longer which seems stupid. Because of their incompetence I might need to start the whole non-Imm visa application from scratch.

Yeah I know, thanks. I think my local immigration office might transfer the visa and multiple reentry permit based on photocopies but I am now wondering how to enter Thailand to do that. I could come in visa exempt as a tourist but don't know if that messes with the Non-Imm visa. Have the option of entering as a tourist on an Irish passport. Probably going to get the wife to talk to the local immigration before I mess things up.

Hi. Just got issued my new passport but the Canadian government may have destroyed my old one against by stated wishes. I made copies of the visa and re-entry stamp pages just in case. Should this be good enough to get the stamps on the new passport. It would be a major pain to have to start the whole visa based on marriage process again instead of just an extension