vukovar77

1 hour ago, bradiston said:

And what is the cover for such a trifling premium?

Almost nothing.Nothing that matters !

13 minutes ago, bradiston said:

And what is the cover for such a trifling premium?

Cigna.Now AXA(better option).But there is an another problem,they do not want to cover pre-conditions AND MY REAL HEALTH problems.

For 400-500 per month you can get almost nothing .

I can use state hospitals here(I can speak Thai-Thai wife),so I pay regulary and prices are OK.I am from EU and now I try to get state obligatory insurance for "third country"(much cheaper and cover much more )!

I do not know for other expats,but when we are over 65 ,it is very hard to get proper health insurance here.For major health problems I will fly back to EU.

18 hours ago, Sheryl said:

Best to go through (a Western based) broker as there are many individual variables: age, pre-existing conditions etc.

Well,I am 67  and brokers (a western based) does not offer me anything acceptable for Thailand (very expensive ,avoid any real issue,etc.)

I think it is much,much better that I put in my account for emergency that sum they want per month(500-900 USD average per month).

I am not too old and I am in a pretty good condition,but ins. company are so greedy if you are in LOS.

3 hours ago, Sheryl said:

No reason on earth to get insurance from a company in Thailand (and many reasons not to). There are good expatriate policies available from international companies.

 

The real problems are  that:

• by definition, retirees come here in old age and by that time often have pre-existing conditions which make it hard or impossible for them to get insurance
• insurance costs for the elderly are high, and get exponentially more so as one ages; many people  in their financial planning for retirement in Thailand do not take these costs into account (and, if they had, might not have been able to afford to come here)

 

And, lastly, some people simply do not think of it at first, or choose to just assume whatever they need will be cheaply available. By the time they figure out this is not the case, one or more of the above apply.

 

In the case of the woman in the OP, she barely has enough money for food and clothing etc and would never have been able to afford insurance.

Well,I agree for Thai com.!Which insurance company-ies  do you concider good for us,expats in LOS?

On 6/1/2024 at 1:36 PM, Sheryl said:

 

OP clearly states she has decided to go back to UK, but is unable to fly due to her current physical condition. Awaiting medical clearance to fly.

 

Problem is that she (and her family) left it way too long. People do this, they keep trying to hang on here with insufficient funds and no way of meeting health care needs, apparently just hoping nothing will happen. Inevitably something does happen, and the need to go back becomes urgent but at that point they may be unable to travel due to illness.

 

Seen it a lot oer the years.

Problem is that insurrance companies in LOS does not cover many health conditions if you are over 60-65.From my point of view it is the main issue for older expat population live here.

What about UK military personel pensions?They are not affected if live in a Thailand?

19 hours ago, OneMoreFarang said:

Next, he was seen jaywalking weeks ago.

Deport this dangerous individual right away so that Thailand is safe again! 😉 

 

It is not possible now,cos. he must face with very serious offences and charges first .

On 3/5/2024 at 9:40 AM, Olmate said:

Any one replaced their old style dentures lately.  I received a few prices of +30k, seems high? Thoughts please

As far as I know , price is 20 K.Check in many dental clinic all around Pattaya.

2 hours ago, topt said:

I think you misread it -

30 days only to those

Not misread.Only some EU countries have 30 days free visa with strict rules.Not all.Russia,China 90 days!!!It is not the same,right?

3 minutes ago, vukovar77 said:

36m2 is pretty good place to live for us.This is our condo near the beach with balcony as well,large swimming pool,jim .And I am owner with yellow Tabien Baan.We have 10 BHT bus near by and can reach

anywhere in Pattaya very easy.Sometime we use our motorcycle .Kitchen is separate ,so no any smell.

For me is much better solution to have condo than rent .Besides,Wongamat is maybe the best place to live in Pattaya.Baan Suan Lalana can not be compared with wongamat.

1 hour ago, Ralf001 said:

 

The thought of 36m2 with a Thai lady cooking....... I can see why people choose to balcony dive.

36m2 is pretty good place to live for us.This is our condo near the beach with balkony as well,large swimming pool,jim .And I am owner with yellow Tabien Baan.We have 10 BHT bus near by and can reach

anywhere in Pattaya very easy.Sometime we use our motorcycle .Kitchen is separate ,so no any smell.

For me is much better solution to have condo than rent .Besides,Wongamat is maybe the best place to live in Pattaya.

So if I understand correct,if I gave to my Thai wife every month 10.000 BHT -transfer to her from my bank account (gift in a fact),I will be excluded to pay income tax on 120.000 BHT per year ????

I have Thai wife and she like to  cook every day ,mostly Thai food .We have condo and motorcycle .Living near the sea.We buy groceries in 2 big  markets in Bang Lamung and mostly Tesco-lotus.So,yes 20-25 K per month is OK and we can live on that budget easy and with good quality of life.On average we spend more per month ,about 40-50 K .,but it is possible for us (2 people) to live with 20-25K(which we used to in covid times).

3 hours ago, stat said:

I just read that apparently cap gains from trading in Thai stocks on thai stock exchange are tax exempt according to Mazars:

 

https://www.mazars.co.th/Home/Insights/Doing-Business-in-Thailand/Tax/Thailand-Tax-Foreign-Income-Taxable-from-2024

 

can someone confirm this?

Yes at the moment cap. gains are tax exempt "if any".Just check out SET performance in a last few years.It is very bad and it is very hard to have any profit here.And trade here on stock-market is pretty costly as well.I am out of this market for about 3-4 months and it was good decision.You can check out trading data and how much is sell off for foreigner investors in a last few months.Besides we are only protected in Thai banks to amount 1 million BHT per account and interest rates are very poor.In EU banks I have about 3% interest on EUR per 6 months .So that makes me clear with this "tax change policy" that is much better to have money abroad.

1 hour ago, BangkokAlan said:

I am not a real estate agent Iam an owner and landlord in Pattaya. nobody knows what will happen, but chances are they won't affect the property market with further taxes it will kill the industry. They said no one would come back after covid and that visa issues would stop foreigners but Thailand is still a favored country for retirement. Let's wait and see what the taxes are as none of us know.

Thailand is still too far for from pre-covid tourist numbers(40-45 million).Economy is recover very slow,maybe among the worst economies in South west asia.Too much dependent to China which is in big problems as well.Currency is very volatile .Debt rates with common people are very high,etc.Thailand is not favorite destination anymore for many expats.Many expats are here cos tax policy,but from 2024 everything will change for many of us.I decided not to invest more in Thailand.I have small condo bought before and I can stay there when I am here.I can not accept to pay double tax.I love this country and I have Thai wife and I will live here for maybe less than 6 months for a year and remitt not more than 40 K BHT per month(65 y.old).

22 hours ago, Lorry said:

I don't think any taxman in the world would accept your reasoning. 

"Show me all you've got!"

And then it's THEIR decision what is taxable and what not.

22 hours ago, Lorry said:

I don't think any taxman in the world would accept your reasoning. 

"Show me all you've got!"

And then it's THEIR decision what is taxable and what not.

Very true!

18 hours ago, BangkokAlan said:

I don't agree I have just sold a unit in central Pattaya at more than I paid granted its 12 years old and in a good location and good condition. Justh had two agents wanting to know if I will sell another. Units in the right development will always sell. Poor quality or bad locations won't even sell in a bull market.

Maybe you are real estate agent or maybe that is "an exeption to the rule",but change in tax policy matters .Anyone can see prices of the construction thai com. and develppers  on SET plunge pretty much recently,same as REITS(even more).

We will see further development,but without foreigners in the market ,prices can go down more,from my point of view.I hope that Government will exclude money for buy condo from abroad for taxation clearly .

On 10/10/2023 at 5:04 PM, KannikaP said:

Only on the top part of your transfers/earnings.

As said before  000 to 150k = 0%    (Some say 190k for over 65s)

150 - 300k = 5%

300 - 500k = 10% and so on. Easily found online. 

For over 65 s is 190k ,60k for Thai spouse and this is deductable for tax (and maybe 60K for tax payer).So 250-310 k. is exemt for tax.-plus 150K(tax 0) is 400-460 k.

2 hours ago, Mike Lister said:

Any foreigner who has previously reclaimed withholding tax on their bank accounts has filed a tax return and is on the RD radar, like it or not.

Not important at all.All foreigners will be "on the RD radar" if they stay in country more than 180 days per year.Immigration will provide data to RD.

21 hours ago, redwood1 said:

The Revenue Department Order No. P. 161/2023 is not a law.

The Revenue Department Order No. P. 161/2023 is not a law.

The Revenue Department Order No. P. 161/2023 is not a law.

The Revenue Department Order No. P. 161/2023 is not a law.

The Revenue Department Order No. P. 161/2023 is not a law.

It does not matter.For RD Order is mandatory.

Something else is very indicative,like SET index plunge in a last week or so,THB depreciate significantly ,foreigns sell offs on Thai stock market,sell off construction companies etc.

1 hour ago, redwood1 said:

If foreigners are not buying houses,condos,cars and keeping their money out of Thailand, I can guarantee the Baht is going nowhere but down down down...

This is true.

3 hours ago, JimTripper said:

Can you give detail and exact location of the robbery? Was it a mugging?

Home stay near banks Mekong river (downtown) Phnom Phen.It was mugging.