shdmn

The PI is not as humid as Thailand. Cebu temperatures stay about the same year round. Not too much rain during rainy season compared to a lot of other places. I don't have much interest in the other places you mentioned. Dramaguette has lots of power problems and that's a deal breaker for me. And then there is all the expat drama there. Doesn't sound like the kind of expats I want to be around.

Besides booze, just about everything else is more expensive than Thailand.

I decided to give the PI a go this winter. Partly because of the tax and visa hassles, but also because I got hassled on re-entry last time for the first time in 20 years, despite following all the rules. Didn't make me feel very welcome. The horrible air pollution I experienced last trip is another reason. We shall see how it goes in 2025 after the dust settles, and depending on what I think of my stay in the PI this winter, but it looks like Thailand has lost my winter business for 2024.

I was wondering about that. They say for work AND tourism but they don't say for work OR tourism. If I can't use it just as a tourist then that would count me out.

It doesn't specifically imply multi-entry within the 180 day period with no strings attached and no fees. I don't think the non-O retirement visa is multi-entry unless you pay extra for that option or fill out a form and pay a fee each time you exit the country.

I don't see anything in there that indicates it is multi-entry with no strings attached. For example, when you get a retirement visa, you have to either pay more for multi-entry ability, or fill out some form and pay a fee on each exit, otherwise I think you have to renew it again when you re-enter.

I don't know why people keep calling this DTA. Is that what they call it in the UK? In Canada we just call it a tax treaty or reciprocal tax treaty. At least that is what the Canada Revenue Agency calls it. These three letter acronyms some of us are not familiar with, depending on what country you are from, cause confusion at a time when there is already too much confusion.

As someone just reading that document for the first time, right away I was confused by the use of TRD and DTA all throughout the document. I know it is obvious to the author and most people reading it, but it wasn't to me at first and probably a lot of other people visiting this thread for the first time. Yes, I eventually found the spots in the document where it defines them. Even though TRD is explained in the first couple paragraphs it was kind of buried so I didn't see it at first. Took me a little while to find it since I tend to read documents like this out of order, looking for the most relevant parts and various key words at first. I would suggest running a FIND/REPLACE and change all those three letter acronyms to their full meaning or use both throughout instead of starting with three letter acronyms from the very beginning. Don't just assume someone is going to read top to bottom, start to finish, word for word, rather than quickly try scan sections for key words or read it out of order. Another point is that I am not sure if DTA is the universal description. I have always understood it as just a tax treaty, or double tax treaty, or reciprocal tax treaty (RTT). Yet another reason three-letter acronyms are not always a good idea.

What if we want to leave the country and come back in? It doesn't say anything about this being a multi-entry so sounds like we would get dinged for another 10k if we did that.

I prefer presidential candidates that are not convicted felons.

Will regular tourists and retirees be able to get that new 180day visa? What if we want to leave the country and come back in? I am guessing that is not a multi-entry and therefore not cost-effective for that?

double post

double post

Please stop denigrating losers. They deserve more respect than to be associated with that low life scumbag.

Convicted felon has a nice ring to it.

It makes perfect sense, unless you think governments are stupid and don't care about giant loopholes that make it easy for people to evade taxes. The accounting terminology is "deemed disposition". 2nd page bottom right hand side. https://ca.rbcwealthmanagement.com/documents/626408/626424/MovingFromCanada.pdf/94fef533-2eab-4bcd-aed8-7d6507e1fc9c I can only speak for Canada but I would be very surprised if a lot of other G20 countries were not doing the same thing.

I am not an international tax expert and I doubt you are either. What I do know is that most if not all G20 countries have tax treaties with each other and tend to do the same thing on these matters, so I doubt that some of them would allow a tax loophole like that while others would not.

That is not how it works. At least not in Canada. When I apply to become a non-resident for tax purposes, I have to pay taxes on realized AND unrealized capital gains. For example, if I am still holding META or NVDA stock and the current market value is $1000 higher than my book value, I will have to pay capital gains tax on that $1000 difference even though I have not sold the stock and plan to continue holding it after becoming a non-resident.

A lot of people at the Jomtien immigration office are trying to extend 30 day waivers so extending that to 60 days should help make those lines a little less busy.

You have always been able to extend waiver on arrival by 30 days, same as with a tourist visa. This new 60 day waiver on arrival will be no different.

It is rather short notice. However, nothing is being reduced in time or becoming more restrictive, so it would not negatively affect anyone's immediate plans.

Also the multi entry. Unless they are extending those to 90 days. 🤔

As soon as I saw the title of this thread.

Wise just increased their fees for exchanging money for most westerners. Not sure if their ATM fees went up.

Don't let the door hit ya.