Thaindrew

actually I have just seen that currently the Elite Visa, from the IRS site of tax exemptions "individuals who are exempt from paying tax under a special law such as the Thailand Elite program", they could possibly change that for new applications but not for existing members

HSBC have a global debit card that has no transaction or exchange fees and even gives a rebate on spend

possible, but I think it would then be held up as discrimination by individuals who have paid for more expensive visas.

thats based on current tax law and applies to everyone, if the tax law changes its likely to change for everyone

you can only minimise your costs not eradicate them completely I suppose but bank transaction fees probably cost you less than a tax bill. There are banks though that have "global debit cards" so you can hold multiple currencies in your home country account and use a debit card to pay in Thailand in Thai Baht with no transaction fees.

"Could also be that the individual amount of pension received by some folks is under the Thai personl tax threshhold." --- if lower tax limit is 150K baht a year then to qualify for a retirement visa you would have to bring in more than that on an annual basis. But it could get even more complicated, say you transfer 800k for the visa application, which is taxed in HK at 15%, will they want to tax it again at the differential rate? Will they be purely looking at "transfer in" values to determine tax liabilities. What if you transferred in 15m Baht to buy property and those funds were taxed in HK at 15%, will they want to tax you at the differential rate if you are living here over 180 days? Again, Will they be purely looking at "transfer in" values to determine tax liabilities. That could kill the property market. One of the issues in Thailand is that there is never clarity in the law or its application.

there are other countries, China for example

I know with air Asia it costs more for a 20kg bag sometimes than for an actual flight ticket, I suppose if luggage pricing was more reasonable people wouldn't try to sneak so much stuff on board. There's also people that seem to buy up everything thats for sale in duty free which also adds to the onboard luggage

its going to depend how they apply this, Thai Elite Visa is a tourist visa that kets you stay for a year at a time, so you are a tourist but you could also be here over 180 days .....

use an ATM card from your home country rather than transferring funds in that should negate any need to pay tax

that's probably where this will end up - a combined weight allowance per person including baggage

you cannot sell shares in a company that doesn't trade anymore

how do Lazada get away with shipments from China with no duty or vat?

you cannot sell shares in a de-listed company

it does vary by bank for example, HSBS will let you use a overseas address, Lloyds won't but they will let you use an overseas number.

they won't build one, they will just allocate a budget which will get lost along the way ....

that's coming in the new visas at the higher prices,

£203 x 52 weeks its £10,500

they are being pursued for "crimes" (in the eyes of the Chinese Government) committed pre 2020, so they are in fact back dating the law and pursuing whoever they wish for political means - china is becoming an ever more dangerous place

Because they would have to work twice as hard to make the same money given that Bolt is so much cheaper, they don’t really want to work too hard ….

not without the cancelled broadcast contract ...

I used white enamel paint on the brackets and that makes them look much better

bit tricky to sell shares in an inactive company though .....

You can have an account with HSBC in the UK with a Thai address, if you are a UK Citizen.

they have to have the balls to crack down on the locals not following the laws, tourists look at local driving without helmets (often straight passed the police), driving the wrong way on roads etc and just assume it must be ok. Looking around most locals have stopped abiding by the laws, the police don't enforce the rules on locals, and tourists will start doing the same.