Presnock

Have read that VN "hates" the Chinese and I have seen numerous stories about how Russians are not favored there either. They seem to be much smarter than the countries immediately surrounding Thailand and what happens to them as they climb into bed with the autocratic rulers.

One would think sitting in SEA, surrounded by Myanmar, Laos, Cambodia and what has happened in those countries to the rights of their citizens, that these "politicians" would shy away from autocratic leaders or that the local citizens wary of military rule would let the new government know how they feel. Maybe that is what all want but I don't believe so. Since I am not a citizen here but only a "visitor", I coud care less except for my wife and daughter. I feel sorry for them and will make preparations for moving if needed.

My family and I have used Bangkok Hospital Chiang Mai Dental Facilitiy with positive results. Very happy with their service and results of our visits.

you mean like the Trumpers saying 2020 was stolen? atrer 60 court cases found no evidence of corruption in the voting and some of those judges were evern appointed by Trump. By challenging FALSELY with so many idiots backing him, it will challenge the US democracy. Just like the Rep House of Reps, can't agree on anyone that doesn't believe that Trump should be Pres again. Biden meanwhile will spend everyone's money that they might have and then have to raise taxes on the poor people while the rich get richer and manufacturing moves overseas instead of the US. He is just as dangerous as Trump. WE need a new generation to step up and attempt to straighten things out....yeah wondering where someone honest would be willing.

Not only Thai GF, my wife of 20 years, house owner prev restaurant owner wanted to take our daughter back to the US for college - asked for a tourist visa but consulate said noway, had to apply for immigrant visa - at that time Afghan fiasco popped up...immigration in the US was backlogged over 500K and doing about 35K a month - needless to say by the time the approval arrived (over a year), daughter decided to go to college here and doing well and happy. We will forego the immigrant process.

Not sure where the other guy is coming from but anyone who has been on this forum for any length of time would know that DrJack54 is an avid donor of whatever is needed for us especially in the immigration rules and games.

exactly - what about college/school kids that aren't in the area of their being registered in a certain house/condo or whatever. The school term would have the students in the area of the school and not at their registered address for which (as I read) they have a 4-km area in which to use the digital funds. Just wondering, as I am and ex-pat and won't get involved with that program.

Well, as an American one has to pay taxes on whatever they make/get each year. Pensions are documented with amount being paid and taxes paid to the govt and in some cases also to the state of residence. I would think that documentation should be easy to be provided. Even providing translations should be easy as one just has to put down the amount of funds transferred into Thailand, then show how much money one made and how much tax was paid to their home country. However, TIT so I may be thinking too logically on this issue, that is why I am not worried yet and thinking about fleeing. I spent 8 years working in the PI and loved every minute of it. Greatest diving in the world, but local food can't compare to Thai food. Plenty of golf courses, cold SanMiguel, lovely ladies as PI was ruled for centuries by Spanish and Americans, weather temperatures about the same as here, but they have about 20 typhoons a year, strong earthquakes, and active volcanoes.

US pensions in most states even federal are taxed on residents. If one claims a state that does tax fed pensions, then that state also takes their "fair" share. The US has a double-tax agreement with Thailand but says that the resident country can still tax the money for which the US will then make up for any taken out by Thailand. But if the amount of tax on pensions/savings as unearned income us as low as reported, I don't thing too many people will be double-taxed. US fed pension sure don't go in the several hundred thousands of dollars a year and govt employees do not get that amount of salary. Salaries are provided for all to see. But, I will wait until the final law comes out and can then match up with what should be legal or not and how I will have to report it.

No I am honest, have been for 77 years so why change now? Trump got multi-million loans from a lot of banks, and yes those banks most likely all made money when he repaid them but the problem is that banks have a limit on how much money they can loan out at any one time so some poorer folks were unable to get a loan as Trump had used up the banks quota. Then when tax time came around, Trump and his family dropped their home and businesses' values below their true amount so that he paid less tax - check his history, many years as a self-claimed billionaire, he didn't pay any taxes at all. This is all factual and can be found by checking. Once in Itay while jogging early AM kept finding lira along the side of he road. I of course kept picking it up. After a while no more money, but about another mile or so I saw a wallet along the road. It had one or two bills in it but in my mine, that money I had found probably came out of that wallet. I turned it in to the authorities. I was taught young in life to be honest - if a store person gives me incorrect change in my favor or their's, I always make sure to correct them.

So correct, loan you money at one interest rate and then money that they have loaned out and been repaid at a higher interest rate is then loaned to you at a higher interest rate. They are using monies from others to loan to you. Something like Trump and his family did for years - tell the banks their housing and properties were worth tons of dollars when they weren't and getting cheap loans but telling the tax people that their properties were much cheaper.

I have been told and read it too, if you have a US passport then it is free entry into Korea - have you checked to see if a Brit p/p can do the same?

No, I hear/read that the US economy is zooming right now while many other nations are hurting. But, query any working class person in the US and they will tell you that life sucks if they don't just punch you as they too are pissed off about their financial status. The only folks who are not being swamped by the interest rates due to "inflation" are the really rich people. But all the working stiffs are PISSED off. I chat with folks back home and they all show me the horror stories of trying to buy a house or car, credit card interest rates etc and gas prices zooming. If you see any US news it will be about the workers in just about every industry on strikes for higher wages and better benefits.

I queried "greenbacktaxservice.com" that sent me an ad for doing my ex-pat taxes and FBAR but I do my own without any problems and they indicated that if I had any tax or FBAR questions, they would respond within 24 hours or so. I asked about the double-taxation on US pensions and international agreement with Thailand. They answered the next day saying that even with the agreements, the resident country could still tax those pension funds but that then the US would lower the US tax dollar for dollar. And on any earned funds, the US has a lower tax for overseas residents paying taxes to the US. That is their website and you can just email them and ask your tax questions or FBAR questions if any too. SO, it appears to me that if the Thai govt does insist on my paying any tax on my pension funds sent here then my US tax will make up for it. But what I would probably do is use my US credit card more than I do now or plan to do so that I would be sending fewer US dollars here and that will cut the amount that they would normally get from me. Their loss for my troubles. For all, good luck with whatever the "next" scheme will be. Whenever you exit the country, you'll give them an extra 300 baht!!!!

Not only the burning of fields, mushroom hunters, etc in Thailand, surrounding countries of Asia also burn big time - right now Singapore and Malaysia are complaining to Indonesia about their smoke causing very heavy smog in their country. I have been living off and on in Thailand since the 70's and during the "burning" season there is always smog. In BKK previous to going unleaded gasoline locally the smog seemed to be heavier but after the mid-90's, it did improve but now weather patterns seem to be affecting the smog areas more. NASA also has a satellite showing fires burning and during the burning season, south and south asian countries are almost all RED. A good quality mask is a must as are air purifiers. Some international schools also have air purifiers and have had them for years if one has kids in school. Hard to escape without leaving the region for a few months of some relief but smog in BKK is hard to avoid. One can also buy a cheap 2.5micron monitor from Lazada/shopee and they are more accurate for one's immediate area.

yes, the very first thing my wife had to do to get started was to have relatives that were still around when she was born and they had to go with her back to her original birth province. Fortunately one uncle is still a police colonel so that helped but other relatives too had to go. Then she got lucky at her new school when the family moved to the big city and someone there changed her birth number. An older teacher had to go through boxes of student registrations to find my wife's original / changed number as nothing was computerized. Yes, a very long and difficult 6-7 months of going to every level of government bureaucracy to change everything.

Well the US IRS will lower your tax bill dollar for dollar on your unearned monies that are taxed in Thailand plus the US govt gives you a lower tax amount earned if your residence is overseas. Check with greenbacktaxservices.com They will provide you with answers free of charge re taxes and ex-pat.

got married, late planned a trip to US as daughter would go to college. When we applied for visa, wife needed a copy of birth certificate here - found out someone when her family moved when she was 11 years old, changed her birth number. Thus she could continue using that new number on all her documents (but really illegal) so she opted to correct that. Talk about bureaucracy!!!! took 6 months or more...have to start at the bottom and work one's way to the top. Seemed that every level had never heard of and the main office in BKK had to advise each level until the provincial level and then they said that they saw such activity every day! having to get mooban chiefs, local chiefs at every level to come and confirm what she was doing. She had a headache daily from this. Since you are in the UK, it would seem to me to be impossible but... good luck in any case!

for alll the ex-pats concerned with this coming tax on our monies - last week I received an email from Greenback expat tax company...([email protected]) who advertized their ex-pat tax services. They asked if I had any questions about taxation here - of course I did and asked about the double taxation international agreements. I was surprised at the answer. They also gave me an answer about the FBAR which I had been doing without need at over the past couple of years but now that too is changed. Anyway, I learned that US citizens can be forced to pay taxes to a country with an agreement and that dollar for dollar paid to this country can then be deducted from my US tax payments. I do not know if they also provide any infor for other countries but one can always email them and ask. Good luck to all!

might want to check Portugal about taxes...saw an article yesterday about that!

I hae heard thatit may be possible but I really do not know for sure. I know that my wife will want to do that in case of my demise. Good luck, maybe someone else can advise all the info on that...might need to contact SS and ask

from all that I read, the bank statements show how much "monthly" is transferred and includes multiple deposits. BUT, the only problem I have heard of is whenever the deposits do not meet at LEAST 65K but, TIT and while I have been retired here for almost 20 years, I am not an expert by any means.

I use the 65K monthly monetary extension each year. From everything that I have read including numerous questions and answers on this forum, If I were you I would make sure that every month you transfer at least 65K into your Thai bank from abroad. Sending exactly 65K each month can be hazardous unless you check it out every month to ensure that there is at least 65K transferred into your account. Good luck.

I too agree we should wait until we see the official announcement of implementation of this law. But if one makes any money via interest on savings or income from outside Thailand, then unless the persoin can show officially that they are required to pay in one of the countries with tax agreement with Thailand then one might have to pay taxes on that income even though it might not meet the taxable criteria in one's home country. WE just have to wait to see what they really think that they are going to get from the long-stayers. Hopefully they will realize it is an effort in futility if they have to work with all the foreing governments.