sabaiguy
-
Posts
102 -
Joined
-
Last visited
Content Type
Profiles
Forums
Downloads
Posts posted by sabaiguy
-
-
On 5/13/2024 at 11:16 PM, Presnock said:
actually, I originally gave them my 1099R spelling out salary for the year,
Actually you did say your 1099R showed salary not pension. I'm sure it was a simple misstatement. But that's cool we both got our LTR. Chokdee
- 1
-
- Popular Post
- Popular Post
7 hours ago, JohnnyBD said:I have a similar email stating that all of my income streams will be exempt under the LTR Wealthy Pensioner's category once I obtain my LTR visa, specifically; my social security, company pension, dividends, interest, investment gains and individual retirement accounts.
Someone will reply to your post and say, but the LTR is not TRD, or they will say the LTR didn't say you could transfer it in the same year it was earned, or they will come up with some other reason to negate your reply from the LTR Visa Unit. Just be prepared.
I'm thinking there might be a lot of Thai Privilege (Elite) holders looking to sell and get LTR (if they meet requirements) as it is much better and cheaper than TPC. Especially if you don't golf or need airport transfers or hand holding through immigration. I understand when they got TPC the LTR wasn't available.
- 3
-
On 5/10/2024 at 6:43 AM, OJAS said:
@DrJack54 - another office to add to the rogue list as far as non-O visa conversions are concerned, I think!
DrJack, how many rogue offices are there. Which ones are they. Nice to know.
-
12 hours ago, Ben Zioner said:
Yep, and a Kippah...
What's a Kippah. Pardon my ignorance.
- 1
-
17 hours ago, Presnock said:
1099R replace w2's for retirees who do exactly that retire, Of course if one moves on to another "job" they could get both. And that is correct, 1099R's should satisfy BOI but in my case they wanted my 1040 tax forms instead of the 1099R. How they communicate exactly what they want may be based on the applicant. That I don't Know, only what my experience with them was. I thought they were very helpful throughout.
I agree they were helpful. I gave both 1040's (2 years) and 1099R's (3 years). Not to beat a dead horse but I think your 1099R reflects your pension (passive) not salary. If you're retired don't think you receive a "salary".
-
- Popular Post
- Popular Post
On 5/12/2024 at 10:12 PM, hcvc said:I have an appointment to receive a LTR Visa for Wealthy Pensioners at One Stop Service Center (OSS).
On the BOI website under the heading Wealthy Pensioner - Application Process – Visa Issuance – Dress Code Guidelines for Appointment Date - a pictorial displays a cartoon of a man wearing a suit and tie. Individual cutouts of a cartoon suit and pants are also shown.
Above the pictorial is a message (warning) stating - * Remarks: * Please dress politely in proper formal clothes and shoes. The immigration officer reserves the right to refuse service if inappropriate clothing is observed.
I am a large framed fashionably challenged individual living on a rural farm and do not have a suit or tie. I have made several fruitless attempts to purchase a suitable suit online.
For those who already have a BOI LTR Visa for Wealthy Pensioners - were you required to wear a suit and tie – or did you happen to observe any one denied a BOI LTR Visa for a dress code violation?
Any help would be much appreciated.
Just received my LTR this week. No suit and tie. Just think they don't want you to show up in baggies, flip flops and tank top. Trousers and decent shirt will do the trick.
- 1
- 3
-
On 5/13/2024 at 1:51 AM, Piefko said:
Hi together,
I'm looking for someone who maybe had a similar travel history and experience I have. I would like to extend one more time my stay here in Thailand for another 30 days before heading back to Germany for good.
Here my recent travel history the past few months, all on Visa exemption stamps and always by plane.
- arrived end November 2023, departed 3 weeks later in December 2023 (arrived in BKK and returned then to Germany)
- arrived mid January 2024, departed mid February 2024 (arrived in BKK, was leaving then to the Philippines for 2 weeks)
- arrived end February 2024 in BKK by plane, departed mid March 2024 by plane from HKT to Malaysia
- arrived back 3 days later in March 2024 in HKT and got stopped by the immigration officer with the advice I need a proper Visa (he promoted the elite Visa to me - felt almost like they are trying to push this visa on you to make money...).
He told me, it's the last time I can enter like that for the next few months. I must apply at least for a proper (Tourist) Visa but also then entrance isn't guaranteed. And I had to book a flight out of the country and show it to him. He took a picture of the booking, even though it wasn't confirmed yet.
Anyways, afterwards I applied for an extension for another 30 days (+ 1900Baht payment) at the immigration office in Phuket - worked without any hassle.
Now I have to leave Thailand actually 17th May 2024. I was wondering if I can do another border run via Laos? Fly out for a couple of days to Vientiane and return to Thailand by crossing the land border?
Anything I should consider or any experience, especially after the oral warning from the immigration officer?
Thank you guys.
Best!
Thought you were heading back to Germany for good. Seems like you're trying to stay in Thailand without proper visa.
- 1
-
On 5/13/2024 at 11:16 PM, Presnock said:
actually, I originally gave them my 1099R spelling out salary for the year, taxes paid and health insurance paid. They still just kep asking for my 1040 tax forms so gave them that and no problems.
I agree they like 1099R's, but 1099R's have nothing to do with salary paid (think that is W2's). 1099R's are for passive income which is what BOI wants.
-
- Popular Post
13 hours ago, JackGats said:I thought the LTR visa already catered to the same group.
Exactly. Seems to almost identical to LTR Visa.
- 3
-
Hard to say. In the past I have gotten a METV evisa in consecutive years but with at least six months between. 1 or 2 I don't know. May just depend on the Embassy/Consulate and how the guy is feeling that day. It's worth a try in my opinion. All they can do is say no. Then on to plan B.
- 1
- 1
-
41 minutes ago, oldcpu said:
An LTR does not give one exemption from tax on income earned inside Thailand.
I thought I read at some point that the maximum Thai tax rate for LTR holders was 17%, apparently less than non-LTR taxpayers. But I don't know that for a fact. I don't know a thing about Thai taxes.
-
- Popular Post
- Popular Post
4 hours ago, ThailandRyan said:Your misinformed Sir. Rules on taxes for this visa are set by BOI and in a Royal Decree.
No use trying to reason with Sigmund and MAG, they want the LTR but can't meet the requirements. Therefore it must be a POS.
- 2
- 1
- 2
-
- Popular Post
- Popular Post
5 hours ago, Middle Aged Grouch said:Most of the LTR process is plainly a the reflect of the bureaucratic nightmare image of Thailand with their absurd requests and maybe the
bribescommissions got from the local health insurance companies in Thailand. It is totally absurd to harass people from Europe for health insurance details or other invented requirements, as by law all western europeans have full medical coverage that goes well beyond the 50'000 $ required. Maybe confusions arise as european health insurance firms do not mention the amounts in their policies/contracts. Thailand is just chasing away the retirees who just with to come for the winter months and who have potential to spend in Thailand with good pensions. All to their own loss.Now I get it. MAG is pissed cause he couldn't meet the health insurance requirements.
- 1
- 2
-
14 hours ago, oldcpu said:
I never worried about running the A/C, even before we had solar panels ... I am a lucky guy as my Thai wife is careful with our money - but given we are not poor, most times she is far too careful, as before we had solar panels she did not want to switch on the A/C much (which I see as silly as we can't take our money with us, and we have no children to bequeath the money too ) ... but now have solar panels, she is now very happy to turn on the A/C a LOT more . So yes - I am very happy now we have solar panels - given the current heat in Thailand.
Hope you didn't take offense. Just f*****g with you . I won't be a "Wealthy Pensioner" until next week when I have my appointment. I have 4 AC's so understand your concerns. In my corner of Thailand (Chiang Rai) don't see a lot of home solar panels. A lot of mini-solar powering for outdoor lighting etc.
-
On 5/2/2024 at 5:02 PM, kentrot said:
much of the holier-than-thou condemnation comes from a country (U.S.A.) ,
?
-
On 5/2/2024 at 1:16 AM, SAFETY FIRST said:
reckon it's only the loser's, the nerdy guys, t
It's the nerdy guys who come for it. As long as they have some $ the girls don't care. Girls don't care if you're Brad Pitt or Peewee Herman.
-
17 hours ago, Korat Kiwi said:
Your expiry is stated as 7 April 2034.
Normally you are granted a visa with a date that you have to use it by.
Therefore you are good up until that date.
It does appear odd having a visa valid for 10 years but if that's what is written, lucky you.
You're not familiar with the LTR Visa are you. Permission to stay is actually 5 years, with extension 10 years.
-
14 hours ago, oldcpu said:
I read that - but that was for the documents needed if one does not leave the country and has to do a 1-year report at BoI.
The other half of that was to do with a Thai driver's licence application (either TM-30 or legal document with regard to property where one is staying - I can't recall exact words).
Still, I do believe none of that exempts the LTR visa holder from having to do a TM-30 when re-entering Thailand.
Agreed - the requirement to submit a TM-30 is fuzzy at best - perhaps even worse than fuzzy.
Yes - take care also. And the heat !! After 6 weeks in New Zealand and Australia, the humidity and heat when we arrived back in Thailand 2 weeks ago hit us like a red hot brick wall.
Thank God that we invested in solar panels last summer, so we can turn on our A/C a LOT more than normal, and still have a 0 THB electrical bill.
.
You're a "Wealthy Pensioner" don't have to worry about running the AC.
- 1
-
13 hours ago, saintdomingo said:
The first para from the post by at15 at 10.33 am yesterday.
Seems to me to be pretty easy. Except maybe the bank statements?
-
On 5/3/2024 at 8:53 AM, Sigmund said:
So assuming one gets a LTR P visa and stays only in winter that is less then 180 days will that nevertheless mean that the BOI will be chasing the beneficiairy for his foreign pension and to put tax ? or even start asking for all kinds of statements if the pension is already taxed back home ?
Far to much a risk I guess in this LTR P. Not to mention that despite having the LTR one still has to do annual reports to immigration, who have managed to push in a fine back door to harass and demand again and again all kinds of updated absurd documentation on anyting they can come up with...who can really be sure ? Some are great of course, but we all know how some can make life hell for foreigners and retirees.
Surely there are far better options I guess for those who come over just for winter months in Thailand. This LTR is definately not what we may think as a hassle free visa valid 10 years (2x 5 yrs) and wrongfully assume there woule be no more dealings with those fine immigration bureaucrats, .
Only in Winter, less than 180 days. What are you talking about? Just get a METV with extensions good for almost 9 months. Lot less work than trying for LTR.
- 1
-
19 hours ago, Presnock said:
I personally feel that one should be aware of the benefits as well as the requirements for the LTR. I am not going to go through them for anyone as they are easily available online. As for the the BOI LTR that I received in March 2024, it very clearly explained to me that I need to report my residence once a year to the BOI or the local immigration office. All you need to do to confirm this is call the BOI or wherever you obtained your LTR and ask them or read the documentation on that particular visa. Ignorance of the reporting requirements will not excuse one and might be a cause for withdrawal of that visa.
My understanding is that if you leave the country within the year, return get new one year stamp. No need for reporting. Wrong?
-
20 hours ago, Ben Zioner said:
I don't think that's right, BOI know when a tax return should be available. For instance when you apply while living in your home country, or a US citizen. In my case, where I applied after living 7 years in Thailand and as a non US citizen, they understood that I couldn't show a tax return.
Not sure about that. In March doing my application I provided 21 and 22 1040's and 1099-R's. They then asked for my 23 1040. Had to tell them that US citizens don't have to file 1040's till mid April for 2023 (in my case mid June cause certain counties in Calif. got an extension because of earlier flooding). Told them I had 2023 1099-R, which they accepted in lieu of the 1040.
-
On 4/1/2024 at 5:24 AM, Shocked farang said:
It's impossible to put the genie back into the bottle. Thailand already created a weed/CBD culture. People who understand and like these products will not accept the end of this industry. I belive that at the end what will happen is that most shops will be linked to Thai traditional doctors nearby who can write prescriptions for medical usage for anyone.
You just claim that you are suffering from some misterious headaches...That's it.
I think it will just go underground and the RTP will get their usual tea money, just like gambling, Massage parlors etc, etc, etc.
-
Is it just me or have there been more and more articles recently of deranged " cannabis addicts" murdering their families and others. Maybe the media is complicit in this. What happened to yaba? It's going to be hard to put the toothpaste back in the tube. Lot of money involved but maybe not going into the right pockets.
Thailand Unveils 10-Year Visa to Attract Top Global Talent
in Thailand News
Posted
Doesn't even have to be only pension. Can be combination of Interest, dividend, capital gains, IRA, etc. Any "passive" income. And to jimgilly do your own research at ltr.boi.go.th for requirements.