mjakob007

oh wait... i read, Indonesia is planning to attract billionaires unless they meant Rupiah billionaires

You hit the nail on the head. Most of the retailers in Bali were smaller outfits who may not be able to 'price-fix', unlike lotus, tops, big c etc here, who are able to control retail behavior as a few biz houses are in charge of everything.

And no 'mask madness'. barely anybody with masks on

thainess at its best

Airline asked for us to complete some application similar to 'thai channa'. didnt work and nobody asked upon arrival. upon arrival, was asked for 'vaccination certificate' with 2 jabs, of which they scanned QR code & off we went.

Not only D & A tests, they all may need a sanity test now

They continue to drink & try convincing other to drink cool aid... more and more thais that i know (working class of course) are in economic pain and have no end in sight.

Chiang Mai (50%), bangkok (10%), pattaya (40%)

Seminyak, jimbran, ubud etc They were all cheaper than here, in varying degrees

From my experience, Thainess was/is cultivated as a means for 'protectionism' or 'monopoly' in corporate terms... foreigners would not belong, even if you are tax payers or have blue, yellow books, pink cards, married with kids, contributing in various ways to the nation. you are always quite a few notches down the pecking order. This also arises from their 'superiority complex', where they believe the race is superlative to all others.

Was in Bali earlier this month and they seem to be busy with visitors. may not be pre-covid levels but way more busier than what we see here. It appeared the cost of groceries were not as expensive as we pay here. wine, cheese, chocolates, pringles, cookies, beef were 8-15% cheaper there than here. compared to pre-covid years, the restaurant prices also seems to tipped in favour of bali! Would this be stemming from higher import duties on food levied here?

central bank seems to burning forex in an effort to support the dropping currency with almost no impact.. another double whammy

Should not have any headaches at the thai end. If you plan to utilise this condo purchase, notify thai bank to obtain 'FETC'. 'Wise' not the best option for large amounts. If you are not betting on the current usd/thb to be the best, - open an FCD account with your thai bank, - move money from overseas to your FCD account. - Transfer from FCD to THB account as & when you want, on internet banking or OTC. - if following monthly income method for visa extension with immigration, use OTC method, so that your statement reflects FTT on bank statement. - else, easy to do on internet banking on a piecemeal or lumpsum basis and nobody bothers you...

its all part of confidence building measures to attract more tourists... as wowed by TAT... upon reading this news, another 25Zillion ran to airline counters to but tickets to LoS

unless of course if those arms can be hidden in wallets

Wonder why he was singled out... what about rest of the lot, ie half the force

need more BMWs to get all these erring farangs

Does that mean the rest of the nation is already drug free or its not under his jurisdiction!!!

WHT has to be deducted and paid to govt by the lessee. When you file personal tax return in Thailand, the WHT will be refunded to you, if your income does not attract tax for the FY. if your only income for the year in Thailand is less than 150,000, you will receive a full refund. I once had a tenant who worked for an international airline co, and rent was paid by the airline. they would deduct WHT and i had to claim it at the end of year while filing tax returns. In your case, if your tenant is not a corporate entity, they would not deduct WHT. if your only income in Thailand is limited to 120,000baht, you don't have any tax exposure. just validate with a 'tax practitioner', if you are liable to file tax returns at the end of the year or otherwise.

No, as long as one can establish not to be soliciting tenancy. in other words, if there is an agent who brings a tenant the landlord can establish RE commission has been paid, its a pass.

yes, per my understanding. rental income also qualifies for 'standard deduction or allowance' not exceeding 30% of such income.

Threshold for income tax is 150,000thb per annum for FY 2022

Very different narrative on this forum this morning, in comparison to an Indian losing gold... while there is lot of critics about flaunting gold in pattaya, don't we see people with patek or rolex? (not the ones procured while sitting on a bar stool on beach road)!

no tourists to some, can be considered growth... but nothing compared to pre-pandemic era, in the near future

for tollway or checkpoints!!!