DrPhibes

I'd swear it was set to stun!

I want to arrive at my death late, in love, and a little bit drunk.

Your thinking of Foreign Income Exclusion while working in a foreign country for a certain amount of time. That is working income only. Not retirement nor investment income.

That was rather bold of you!

Bad times are coming to the Chinese economy. Being almost 100% focused on real estate as a means of preserving or increasing wealth for the average citizen is an "all your eggs in one basket" problem.

Article 10, 11, 12, 13, and 15 are an interesting read. Yes, retirement plans and Social Security are sheltered from Thai taxes, but other US derived income has the possibility of being taxed at both ends. Anyway, any tax paid to Thailand would go on form 1116 Foreign Tax Credit where there is a very high probability you will get all that Thai tax applied to your US tax obligation.

Or else!

Absolutely what I needed. Thanks!

I have visited the Chiang Mai Immigration website and have downloaded the TM-8 form but can not find any instructions for documents needed or fees for a multi-entry one. Also, can it be done at the Central Festival office or does it have to be at the Airport one and are there specific hrs to apply? Anyone with recent experience on this that can help? I'm hoping to not have to go there multiple times. Thank you in advance!

chick, chick chika

I volunteer! I have a 21, 19, and 5yr old from the same woman. The first 2 made on the night we wanted to mak'm, the 5yr old was the only 1x unprotected moment of passion in 15yrs. Of course it helps she comes from an Issan lineage where the women have kids until almost 50! 65 with a 5yr old, not sure if keeping me young or wearing me out faster! Seriously though, there are too many of us to support well by the world's ecology. I think 3 billion tops and well separated to keep enough genetic diversity would be fine. Yes, economies will have to adapt.

Actually not exactly accurate. The first $112,000 of 2022 WORK income out of the US that fits in a 12 month window out of the country that can span more than one calendar year where your not in the US more than 330 days can be excluded. Enrolled Agent with the IRS ????

Just posted this exact strategy I use. Use several bank accounts to season money so that I am using last year's money this year.

Some of the US tax treaties exempt certain types of income from being taxed by a foreign country. Each of us need to now research our home countries tax treaties with Thailand. I use a different method. The current law states income earned and then brought in the same year is taxable to a tax resident. I have a separate bank account in the US to season the money I earn until after the 1st of the next year and then use that money to live here for that next yr. Have 3 accounts for this cycle. All well documented. Hope this helps. BTW, leaving with family in June for a couple of years to see how things pan out here. Did this back when it looked like Thailand was going to Civil War way back in '06.

Paid 210,000 baht sin sot in 2000 for my wife, my offering. Paid about $400 for a feast (and hangovers) for the village in the depths of Issan, including a cow we all ate. Best investment I ever made ????

Ha, great place to hide and manipulate your "salary".

Hahahahaha, "agrees"!

So it has come to this level to discredit, jeeeze!

With a somewhat strategic position, who will line the purse the most.

First rule of defense, lead with an offense.

Ya, after this sham of an election and what may come of it and having a now 5yr old, we have decided to move to another country next June and sit out a couple of years before making the decision to move back. We did this before with our much older kids back in 2006.

Yup, That's why I'm ask'n. Thank you for such a quick response.

Heading to Nepal for the first time in Oct and need to know if I can pull out Rupee from an ATM using my Bangkok Bank card. I will speak to the bank but I'm looking for actual experience from one of our group if you get my drift. Thanks in advance!

Each person's experience of what constitutes basic essentials and "living" is different, ya can't judge another for that, only yourself.

Thanks for the tip. Really only looking for catastrophic insurance, I can take care of the rest out of pocket. Anything chronic or not time critical I can go back to the US and use Medicare.