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Presnock

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Everything posted by Presnock

  1. In the city of San Francisco, Calf I heard on the news that there are NO HOUSES for sale under ONE MILLION US DOLLARS! I believe that means most of the citizens there!
  2. One difference on the USA taxation - It is for any tax resident earning in the US and for ALL US citizens worldwide. US IRS would not try to tax Thai earned income on Thai citizens.
  3. just like information on the other tax interpretation...we will be notified when (you don't have a need to know yet!) and if or not.
  4. Who knows what evil lurks in the hearts of the TRD folks when it comes to finding another possible source of income. Seems unworkable and the 1 billion baht is for local industries...they seem to be looking at the funds overseas of all THAI TAX RESIDENTS. We will be watching this closely for sure....
  5. not if the water is sold in plastic bottles...read that plastic particles permeate that water. almost as bad as ocean water nowadays...pretty soon we will be advised not to eat any seafood as the plastic exists throughout their system/skin/meat etc.
  6. WELL, I was always told by those that did retire that the saying is "the first thing one must think about upon waking is "whether today will be a Saturday or a Sunday"" I realize if one practices certain religions, the actual day of the week might change. To me, I always refer to the dictionary if I am uncertain about the meaning of a word - retire/retirement is defined as quit work/no work! and I believe in that!
  7. well I retired at 58 as I maxed out...if I continued working, I would be earning about 25 cents an hour... I had seen others hang around even in that situation and recalled how they everntually regretted not leaving earlier. If one wishes to continue working go for it...I loved my job but some of my co-workers were of the younger generations and I am not a particular fan of those groups. Wonder how the changing society of many western countries affects the younger generations in such a negative way - one may disagree with my opinion but if so please advise me why people are no longer happy and want to violently disagree with us older folks. Peace to all, be happy, be healthy, SMILE
  8. Hopefully the Thai RD will advise us sooner rather than later if at all about the taxes next year
  9. well at 77, got the LTR so odds are this is my last home stand. If not, then hopefully there will be another LTR. Love my life in Thailand. Miss my other daughter in the US. Miss one or two others but not enough to make me want to go back to the US. It is a different country than that in which I was born and raised. Life goes on and luckily Thailand may change but hope not for the worse.
  10. That is why governors of various states have taken up the issue of squatters in their state to change laws to protect the owners as too many liberal judges/lawyers bend towards the squatters and other criminals.
  11. I agree wholeheartedly and as mentioned previously one daughter graduated from IS in Rome - successful highly paid CEO asst in US, younger daughter graduated from CMIS 2 years ago speaking, reading, translating, etc in 4 languages - Thai/US native, Chinese (11th grade after hours taught basic Chinese at another HS) Korean - has passed level 4l of the international Korean test - also very high level math and computer skills. CMIS students usually love learning and the school is very supportive of that issue.
  12. I think you are the one with your head in the sand. This is an issue that the school admin needs to fix immediately. Teachers if they ignored it need to fired or punished appropriately too. A lawyer should set the stage for the school admin - press would be if nothing is done.
  13. students are usually international too with some locals mixed in usually of a richer family
  14. yes, if they need any further documents they will email you or you can check online with your application number and see if it is asking for anything additional to be added in each category. Good luck
  15. Anyone that thinks that they can endure whatever torture that is done to them where the person doing the torture has no limits is totally f&^*edl for sure and is delusional.
  16. If you have any questions about the documentation, feel free to query me and I will advise as I am an American who just got my LTR in March 2024 - took about 3 weeks total time. I had several phone calls with the BOI as they questioned some of my documentation that literally fit the qualifications perfectly as an English speaker both in finance and health insurance but once that I chatted with them I realized that other documents that were just as easily obtained fit their needs perfectly and yes from there only a week and I was in. I did the wealthy pensioner - used 1040 tax doc for 2 previous years and health insurance although unlimited benefits, needed to get a letter from the insurer stating in writing of the USD $50K hospitalization. Easily done and quickly.
  17. not correct. The BOI advertises that they will assist any LTR applicant that wishes to work in Thailand, in getting a work permit. Therefore, tax exemtpt is only for funds remitted from overseas and any salary earned in Thailand that is assessable, will be paid at the 17% level. That is the advertised benefit. Google the BOI LTR and read the benefits for each of the categories. a WEALTHY PENSIONER can obtain a work permit too.
  18. My opinion only, I worked for the US gvt including 4 years military and from my experiences at all levels, the folks in the BOI office that interface with applicants, have a SET of documents that THEIR supervisors who actually approve the issuance of the visa can accept. Their supervisors do not and will not try to figure out what any documents say other than those that they will acdept without any explanation. Originally, I felt that my 1099R's for two years documenting exactly what I was paid by the Office of Personnel Management that sends my pension funds monthly, and the taxes taken out also monthly, plus my monthly annuity documents also provided by OPM monthly for 2024, would be sufficient documentation but, only after talking with them on the phone, I realized that the only documents that their supervisors were really concerned with were my 1040's for two year. I had already gotten a letter sent from my health insurance provider stating that my coverage for hospitalization was USD $50K even though I had already submitted the benefits package from my insurance provider stating that hospitalization coverage was "UNLIMITED" so even more that the 50K but it was obvious that the BOI folks' supervisors wanted that written figure on a letter from the health insurance provider. Once I gave them the 1040's, within less than a week I was told I could make an appointment to receive my stamps. Easy once I understood that the folks in the BOI are just "weeding" out anything that would cause their bosses to have to figure whether or not some document or letter was valid documentation for the qualifications. Too much explanation could cause even more problems. Documentation needs to be clear and fits with their expectations. Good luck.
  19. I never said anything to BOI that my wife didn't contribute to the taxes paid - my 1099R were also included so guess they can read.
  20. Yes, My 1040's submitted were the same - i.e. Thai wife with no income and after submitting along with govt health insurance letter attesting to USD $50K for hospitalization - application zoomed and a week later I had my stamps. Total time 3 weeks.
  21. LTR is the only visa type that I have seen any information about and so far is the only exempted tax on remitted funds into Thailand the Elite visa is not exempted !
  22. I believe that 20 USD an hour was passed recently for Calf only and immediately prices at Mickey D's went up and some workers were let go as the owners said they couldn't afford to keep business as usual due to the increase of basic salary for their workers. Other states are a lot less than that.
  23. I read the same description, bought a dress shirt and tie plus new shoes....I was the best dressed at the BOI especially among those coming to get their visa stamps. Just dress respectively neat, no jogging clothes, football or sports jerseys, as long as clean and neat, they are very accomodating in my opinion.
  24. if you qualify, get an LTR visa from the Board of Investment (4 categories) and they will also get you a work permit if you want to work. No taxes on remitted funds from outside Thailand and lower taxes on Thai earned income. Just saying, a lot cheaper than the elite visa
  25. Previously I noted on the forum about illegal squatters in the USA...today there is an article in the Atlanta News First (AFN) report about squatting in Georgia now is becoming a state wide phenomonom with some homeowners are trying to be evicted, charge rent on their own homes, as well as vacant homes being "sold" by owners deceased many years prior to the transfer papers! An interesting article and shows how widespread this is in Georgia as well as how it is being done successfully at first and shows how current laws do not even address this activity. So, NY is not alone. Scams are only allowed to become widespread due to blatant criminal activity and unscrupulous government officials that allow it to happen. What would you do if you came home and were told you are trespassing on someone else's property?
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