ChaiyaTH

I'd never do a new wife again, unless I am that very rare lucky guy meeting the perfect one, that stays perfect for the first 2-3 years. Otherwise better to pay for play.

That's the funny thing right, once they are used to the fact they are with us, the performance goes down the toilet and the demands go up like a flooding toilet. This while if I had some pay for play fun at home, they very often would be cleaning up half my condo while being there and if i had food, certainly wouldn't mind to cook too. I regret being so ignorant in my earlier years, to not be willing to pay for a girlfriend, only pay for fun. One that demanded payments upfront, actually did a much better job. Because now I have a university degree one, who never asked money, but costing me more in total + headache. Yes in a way it seems Thais always see it as somewhat a job. They perform exactly as employees VS freelancers you hire for the day (in real life business).

Lol so he confessed to drink under influence with his child, to then also assault a gas station worker on the way home. He is very lucky that this happened in Thailand then.

Yeah is like nothing changes except it then being official revenue, while in reality 'illegal casino money' stops coming in for what then comes into the 'legal casino money'. Perhaps a slight increase of keeping Thais here too instead of going to Cambodia or Laos ones.

You can be pretty sure that some new laws for that follow after this one, if being approved too. To basically tax you on rental earnings or business earnings regardless of being a individual tax resident. The sky is the limit.

Yeah sure, the visa is clearly going to be a non-issue very soon. This is the best news we have gotten in a decade plus. However, I already saw this catch coming with the first new tax law they started for income into Thailand, and now it reveals itself. And in that case, what needs to be paid, does not compensate the easy visa part. Great to be here hassle free for 180 days a year, but that would be about it. I'd rather have the visa difficulties and no taxes. Basically comes down to having to leave Thailand for another country, and then if desired visit it for max 180 days a year as holidays or a second home.

Yes, if it came with quite a bit of benefits, to become a second class but permanent residence at least, being able to get mortgages and loans too, own land or a house, get private schools at lower rates as the country should now make enough tax to subsidize that too etc etc. Then we can start talking, i'd be happy to pay.

Plenty of better options, that is the point. The issue is not even to pay some tax, but the fact you also get nothing in return + it is similar as western percentages, where you do get many things in return for it. I'd rather pay 10% profit taxes in Bulgaria and be done. If this becomes real, I'd have to pay Thailand like 30K a month in taxes, to get absolute nothing in return and then still have to pay 20-25K for my son's school on top + my own insurance + my own visa + an accountant. And I won't see a 50K a month pension for it too, which i do get if paying 30 years back home. And then they say they want to attract more young skilled people, LOL!

This is the end of living in thailand fulltime, if it becomes true. This is the biggest potential scare news in like a decade plus.

I wonder if most people realize that even they might be too stupid this year, to really know what they need to know, it doesn't mean legally they could still come back to bite our asses for this year, in 7 years from now.

I likely have to leave for at least half the year, each year, with these new tax rules. Even they are not capable of things yet, they theoretically could still come back to us in 7 years from now, for what we would owe in this year. And technology evolves fast too. Taxes back home would be the same but then give me free proper schools, a basic retirement, health insurance and more. I pay that here in cash already. So not sure if it makes me move back home, but for sure i have to look at another country too. I would have to pay so much in tax, it comes down to a house in Singapore, in terms of rent, too.

Oh wow, so because you do a million less than what I said, it makes a difference... So with other words; you have no comment on my post and add nothing new to it.

Eh no, not at all. That area is a former army area and a lot of rich people live there. If you just sit around one of the soi 1 to soi 15, you see super cars almost every 5-10 minutes driving by. Many houses there are starting at 20M baht so to have a land plot + existing 4 story building with 8 rooms, this is actually not that crazy at all. In reality many of those old empty townhouses, you see all over Bangkok, have less rooms than this one seems to have, and also cost 10-15M in terrible conditions. Sure 18M goes really far, but 300M from Union Mall, I'd still say it is easily worth 13-14M baht. Imagine what another 3-4M on renovation could do, and with the room count then, it would easily be valued at 50,000+ rent justifying the price tag. For people with existing wealth, projects like these, are quite normal and interesting. They don't need the bottom barrel deals.

The reason they did happy hour is likely because it was draft beer in the first place, these kegs need to be used within time, it's not like a bottle that can sit in the fridge for months or years, basically needs to empty within 1-2 weeks. Often there is not enough people who buy the beer resulting them in having to throw a lot away, this is likely the only reason. Same they have to flush the system with the beer each day they open, while sometimes they then only sell 1-2 beers of it. I would ask the business directly. Big chance they even tell you it is only stopped for low season but coming back at high season. When selling draft, you need to basically stop selling other beers, to get enough volume, as a SME business, to make it worth while (unless you already have plenty of volume). Most places likely lose on it or make break-even, but perhaps still make profit on the food, or just want to offer it regardless.

Need to go Vietnam for that 😉

Watch out what you suggest, the next step would be to share all financial information and be able to tax as good too. What you say will happen sooner or later anyway, they want to make this 'One world system' anyway. A basic wage for every human and then additional is up to your performance.

Exactly that, they make money on it usually when the trouble came as well, by closing up the shops / selling off the assets. Even worse, they might even be the ones that alert police as soon they see a business does well. Or a house is finished.

Oh great, someone just landed in Thailand with the pink glasses on aside from being apparently high on some very good stuff, to think he can now plan becoming a Thai citizen 555. Some first class ignorance here by the poster, he will learn anyway, soon. This has nothing do with your options 1 and 2 but everything to do with you being wrong, naive, clearly a pink glass wearing newbie. At best you might secure Permanent Residency, but even this means Fk all, you might as well just have a sustainable running company with a work permit in that case. Perhaps if you are like 20-25 now, you might get a Thai nationality, if you really never give up, when you are 55 years old, LOL. PR means nothing much, it is in a way the same as a Elite visa is anyway. To get a visa here, and be here long-term, never has been the issue to start with. Last but not least, if you have any of these plans, moving upcountry is even more stupid. You would need to be in Bangkok, that is your only chance, by spending a lot of money, over many years, to make the right contacts and get any movement to your plans. I'm talking 100-200K monthly on networking. You want something that is for rich people, you better be rich. And being rich is not even enough, just the start.

Thaxland - The land of taxes

I changed to just selling USDT with P2P on various exchanges and get realtime Thai baht. I can also buy the USDT without fees in minutes from EURO/USD/GBP banks. The exchange rate is 9/10 times the exact same as Google says it is and it never takes more than 5-10 minutes in total.

Central festival: real clothing stores. Lazada is easy too, you just have to find a shirt you could buy a few from or multi colors, or from the same shop, as they usually have the same size for all their shirts. Then just buy usually one size larger than my size is + another bigger size and test it + buy in bulk right size. I've had sport shorts and sport t-shirts this way for only 50-60 baht each, even I first had to buy 2-3 sizes to find my size. After i bought 10-20 sets, good for years.

Just pay some agent and you can get any duration and type of visa in days time. Used to be only 300 dollars for 1 year business visa.

I asked yesterday at immigration and they said they are not instructed or updated for anything; it is just news so far. So all this is not even sure yet.

Governments are crooks, people work 30-40 years to then get screwed over being paid out, if living abroad. This while if you not pay tax and save up money yourself, and then add the same compound interest, it takes like half the time or half the money with the same time. Same with suddenly increasing ages from like originally 65 it's now at 71 for people my age. 1/4 guys not even make it to that age.

Never heard of this stuff actually happening to people myself in Thailand / Asia. I do remember they did this at a guesthouse I used to stay at a lot, they would need to close for several days before being able to open again. I could imagine we breathe bad things at places all the time, that have mid or long term impacts potentially, but is there seriously like the danger here to be in a room, where it just kills 2 people instantly, by staying there 1 or a couple of nights? Sounds like WW2 stories.