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andux

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  1. It's the same everywhere, but this behavior is necessary. We need people to work and consume, not to save their money.
  2. Getting a volunteer visa would also be a nice perk, but I'm interested in actually doing something for at least a couple hours a day. I noticed that most volunteer visas are given by agencies and it's pretty obvious that the "volunteering" part doesn't really exist, or it's not really relevant. How easy/hard is it for an orphanage or hospital to give a volunteer visa to a foreigner, assuming I cover all costs? Do they need to be part of a certain scheme in order to give volunteering work permits?
  3. I'm more concerned about the position of the fire extinguisher, against all guidelines...
  4. Technically, it's not what I wanted though. I completed the full course and since the ED visa is supposed to be for one year, I just left after both the course and my year were complete. I can't quite wrap my head around the need for this. Aren't ED visas supposed to be for one year? Or are they actually endless and require a cancellation? I mean, what happens if I don't cancel it? Can I keep extending it for years? It doesn't seem to be the case, so the logic here is a bit strange.
  5. Thanks everyone for your answers. I ended up doing the cancellation at immigration. One thing that concerned me is that the letter from the school stated that it was my intention to cancel the visa, instead of stating that the studies had finished. I am not sure if this is normal practice/irrelevant.
  6. Lots of fallacies and assumptions in your post, and you're avoiding the original argument. Let's get back to it: you said that it's impossible to spend $5k a year traveling because a 2-week trip already costs $5k. My answer: it's possible to travel a few times a year and spend $5k. Rent apartments for 1-2 months and live like a local. Whether the person doing that is a billionaire or a broke student is irrelevant. The fact remains.
  7. OP, you sound like a nice guy, but this friend of yours really sucks... And why do you have to pay for his plane ticket and his fine? How does he even keep a gf around being such a mess? PS: Remember that you only met this guy 3 years ago... Hopefully he's not telling you some sort of modified sick buffalo story in order to exploit your generous nature for a free trip back home and some cash.
  8. Not all traveling is a "good 2-week holiday" in a resort or being all day visiting attractions, doing city tours and buying souvenirs. Traveling can also involve renting an apartment for a couple of months somewhere to live there almost like a local, with the occasional night out or museum visit.
  9. My school prepared a visa cancellation letter, but I'll be leaving Thailand anyways and come back next month as a tourist, or apply for a new visa. Do I need to take this document to immigration before leaving? It seems that the visa should be automatically canceled if I leave and don't apply for a re-entry permit, wouldn't it? What's the point of the cancellation letter if I'm leaving the country anyways? Experiences? Thoughts? Thanks.
  10. I don't think you really read my post. In the past you could actually bring capital gains into Thailand without paying a dime in tax, legally. You could bring a million dollars of tax-free capital gains if you deferred them till next fiscal year, and invest them in the real estate market in Thailand. All legal. Starting next year, you won't be able to do that. If you bring a million dollars of formerly tax-free capital gains, the tax in 2024 will be around $300,000. That's a couple of properties lost in tax. So it does make Thailand less attractive for resident investors. The solution is to stay less than 6 months per year in Thailand to avoid having to pay those $300,000, or invest the money somewhere else.
  11. I know this is a troll thread, but yes, you're right, you can then deduct it from your US income tax obligation. The end result is the same though, and one would still pay 2500 USD in taxes to Thailand.
  12. Nice riddle OP, but the only thing that matters is that you remit 24K a year into Thailand. Your mia nois are independent contractors so they have to take care of their own taxes. Your tax on approximately 900K baht would be calculated in progressive brackets; first 150K baht at 0%, next 150k baht at 5%, and so on. Let's break it down for your particular case: 0-150K bracket (0% of 150K): 0 baht 150K-300k bracket (5% of 150K): 7,500 baht (you may be eligible for a small allowance of 30K-60K in this bracket, which can result in a reduction on your tax bill of around 2K baht) 300K-500K bracket (10% of 200K): 20,000 baht 500K-750K bracket (15% of 250K): 37,500 baht 750K-1KK bracket (20% of 150K): 30,000 baht Let's add it up (assuming no allowance): 7,500 + 20,000 + 37,500 + 30,000 = 95,000 baht, which is approximately 2,500 USD. Not so bad. Now, I think that if you're looking to lower your yearly bills, we should take a closer look at your expenses with those mia nois instead. 40K baht/month for sleeping once a week with each is not the best business deal around. In other words, you're paying 40,000 baht to each, and you only sleep 4 times a month with each. And I'm not even taking into account the business expenses and overhead of hiring them legally through US companies. But even assuming that your business expenses for each hire are 0, you're still paying 10K baht for every time that you get laid. This is way above current market prices, which fluctuate around the 2K baht mark. With the above being said, if you're serious about lowering mianois-related expenses, contact our advisors, and we'll gladly assist you in selecting a solid roster of beautiful mia nois in their 20s at the best possible market valuations.
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