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DjChris28

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Everything posted by DjChris28

  1. That link you sent won't apply on these digital nomad visas I would assume. Hence why they are being created. As long as they don't tax international income and we can come and go on this visa (in 2 months, out 2 months, then back in 2 months etc), then it can work. If it isn't a multi entry visa for example this LTR visa (Which i doubt), then that would be a problem as it's a bit hard to maintain property back home for more than 3 months etc while being stuck in a foreign country.
  2. That's what I thought. Health insurance isn't bad. Shouldn't be more than $2000 for 10 months? That's alot better than having to hold 100K USD in a bank account. And then there is earning above 80K USD per year which will stop quite alot of people but if you're a tech professional, should meet that requirement. The only issue I see is how I will be taxed. Will I be taxed on international sourced income from the foreign company? Remember that i'll be paying tax back home as well.
  3. So i'm a guy that actually meets the requirements for this at what is mentioned here. And it is still beneficial for me to work in my home country for 6 months, finish the contract work in Australia, end my rental, and then go to Thailand for another 6 months with all the money saved up rather than this visa... Firstly, I pay over 30% tax in my home country. If Thailand are going to add 17% tax, that means I'll be paying 47% tax. Not worth it. Also finding a business structure which allows me to setup my company so i can be overseas is not easy either. So will Thailand honor double taxation agreements with this 17% tax or will I have to pay it on top of my taxes back home? Normally in Thailand, if you stay less than 6 months, you are not a tax resident of Thailand. Will Thailand keep this rule? Meaning if I work on this visa but only spend 5 months in Thailand, I won't need to pay tax in the international (Income from my home country) income? That's a doable scenario. Kind of like how Columbia's digital nomad works. And then there is the problem of residency. I'm Australian. I did some research on this on how this will work on the Australian end. So I can do this through a sole trader business, but a pty ltd (Proprietary limited company) company is a no go because Australia requires one of the directors of the company to be an Australian resident and maintain an Australian address. What this means in laymans terms is while I could work remotely overseas, i'd still have to maintain an address back home in Australia which means i'm paying rent and flying home every 2 months to maintain the property gathering spider webs, this is along with paying 47% tax - What a bargain steal!). The only way out of this is to appoint a director to my company which costs more money, will need to write up a company constitution and get lawyers. The way i'd setup for a sole trader living overseas would be to pay Australian taxes at the non resident rate. So the total tax look like Australian non resident tax rate + 17% tax Thailand wants.. while running as a sole trader.. ouch... Then I need australian employers to be ok doing business with an australian sole trader with an overseas address. I wonder how they will react to that as they have never seen anything like it! Really Thailand should only tax on this visa if you can setup a company in Thailand instead or at least offer a tax free time period.
  4. I don't know why they think the tech skills are in demand. I've got 17 years of experience as a software engineer and I'm from Australia. Before the pandemic, I had to apply for 80 companies to get even one to respond in comparison to back home where i'd be head hunted by recruiters. It's more that thai companies don't want to hire foreign talent because there is an assumption, it will be too costly. I'm one of the few ones that is OK with being paid less so I can live in Thailand. I usually fund the difference with the savings I've saved up while working in Australia on lucrative offers. I can usually afford 2 years or so as long as they pay the cost of living (Nice apartment in the city, food, transport, bills, internet etc).
  5. I save $1000 USD per week in my job after my living expenses. It is more attractive for me to spend 6 months on in thailand living off the savings and then going back home to work for 6 months, then it is to have 1 million dollars for the privledge to work there.
  6. And All I need to work remotely from Costa Rica is $3000 USD per month, Duabi is $5000 USD per month. Why are thai's out of touch with what the competition is? Even the proposed bali remote working visa i think it was going for close to 180k for 4 years is still more attractive. So far the thai one is the most greedy digital nomad visa in terms of cost.
  7. Hello, So my situation is this year or if not this year, most likely the next when the pandemic is over, i'll be wanting to travel to Thailand quite frequently. My Itinerary would look like 3 months in Thailand, 3 months back home, 3 months again back in Thailand, 3 months back home. I'd spend just under 6 months in Thailand per year. I was looking at STV visa. Can you apply twice in the same year for this visa? I know they have limits or something how many times they will grant a tourist visa per year. I think the STV visa is now only 3 months and not 9 months right as it can't be extended beyond 3 months? The other alternative is to get Thai Elite Visa so I can come and go when I want. Does the Thai Elite Visa give you a tax file number since it has all these tax incentives? I just really need a tourist visa for my 3 months on and off and not all these tax id stuff.
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