RafPinto

I think soon, all those Youtubers living and working here and some of them making big money, they will soon stop to post more videos. Has anyone of them a work permit?

They are in desperate need of money. They promised to pay 10,000Baht to each Thai. Where is that money coming from? They reduced again the price of Diesel and soon electricity. Do they observe a bit the oil prices? Brent again closer to 100$ and in Thailand, they are cutting the prices. Again, this money has to come from somewhere. Is the PM now running after each noodle or somtum seller who potentially makes more then 150k a year or after massage girls who often make 30-50k and up but none of them pays 1 baht in taxes. Easier to put the "farang" at the forefront. Let them pay tax in Thailand. What do we get in return? Every single $/EUR/£ send to Thailand is spent here. We just buy houses, apartments, cars, pay international school fees etc. They will cut themselves if they are not very careful. My eyes are already on Malaysia where at least I can own a house without putting in someone other's name or opening a dodgy company. I can import a car a gusto, without paying crazy import taxes.

https://www.imi.gov.my/index.php/en/main-services/malaysia-my-second-home-mmh2-en/ Buy and own a house. Bring in your car. Sounds good to me.

There won't be anymore any transfer. Everything paid by foreign debit/credit card or withdraw cash. Living on 12000 baht a month.

They should go after all those working for the government. Police, military, land office etc. From top to the bottom. Their salary are rarely over 70k Baht (a very high salary if working for the government). Check all their bank details for the past 10 years. Check where they live, how expensive property and cars were. This surely doesn't match their salaries. But easier and better to sell, chasing Farangs.

If they really go back 1 or 2 tax years, that would be a very dirty game. Isn't it law that said that money earned but not brought in the same tax year is tax free in Thailand. How could they suddenly say that money earned years ago is suddenly taxable here. I know a few people who bought last year and this year properties worth between 6 and 20 million Baht plus a lot of new cars. If they suddenly want 35% of this money, sent and invested in Thailand, then goodbye Thailand. If now from 01/01/24, the new tax year 24/25 starts and in 2025 they want a piece of the cake, we can at least plan. In regards of Malaysia, yes, it's much more money but from the 2nd year, you can withdraw 50% of the money you had to pay if it is for education, health or buying a property. You can buy land and build a house on it plus you can bring in your own car. That's a massive plus compared with Thailand. Penang get's more attractive by the day.

You are probably quoting the following: LTR for wealthy pensioners. Income of $40,000 and owning a property of at least $250,000. You could send the money over and buy your property before applying for this LTR. If you hold a property worth at least $250k and can demonstrate that you earn at least $40k passive income/no salary, this should qualify you. This is my understanding.

They are testing for when the hordes of Indians arrive. They like to ride on trains with open doors. Some even sitting on the roof.

Superb

I take a quarter but only if Britmantoo stays on as an active member and "Liverpoollou" promoted to Mod.

I don't think that he is very popular. A few viewings when he posts something. Lately about real estate and now into dating 555 Was Aseannow not up for sale?

He should be careful that his fortune will not be taxed when bringing back home.

Bringing money in to purchase a home: pay tax Selling the property: pay tax Rent and don't buy. Soon, the market will be flooded with apartments for rent as there are hundreds of new building blocs going up and if nobody buys them they will be up for rent. My better half is a bank manager and she says that most loans to buy real estate are now not more approved by head office.

2 weeks ago, I visited a new project in the Phrom Phong area. Beautiful low rise apartment building. Their main market is Japanese buyers . I asked the sales person if there are Chinese buyers and he replied. Most of the apartments 20million and up were sold to investors from "Myanmar". Who would have thought this?

And after welcoming the Chinese who entered Thailand without having to pay 2000 Baht, he asked them to please spend this fortune in a Thai owned business. Straight after this, he went to the bus terminal, welcoming farangs, ready do board the bus in direction of Pattaya.

Massasss

And window 4: Affidavit from your embassy. No 800k in bank and no need to send 65K every month. I know, US, Canada, UK, AUS not more doing them.

What will suffer the most is the property market. If you bring in your hard earned money and will be taxed here, many will think twice before buying anything here plus there are hundreds of new condo towers going up. Who is buying all those apartments? The Chinese? Forget about. I read that they are selling everywhere their properties, US, Canada, Europe and Thailand. The new PM, ex CEO of a real estate company will get soon some calls to relax. Interesting times ahead.

Oh dear. I have never heart TAT promoting Thailand as the cannabis paradise.

I never saw a single of those shops with any client. Close to my condo, a new shop opened a few months ago. Never a client. Suddenly they are also selling beer, still no client and now they provide visa service for farang and still nobody. A 10 min walk away, there are 5 shops on a 200 m stretch. In my opinion, most of those shops opened to clean some dirty money. Perfect place for money laundering.

What's about the ones who apply beginning 2024 for a retirement visa and send 800k over and then whatever he needs to live here on a monthly basis. Will those 800k be taxed straight away? Interesting times ahead.

You do not need hlb. Go straight onto the BOI/ltr website, register and do your application. I didn't use any agent and from start to getting the visa it took less then 3 weeks.

Bread Pitt, a good actor, I think.

Thailand wants to be the "HUB" of everything. F.ex.: Health Hub Imagine the following: A rich Arab (I see them always in private hospitals) decides to come to Thailand for a major surgery and it will take a few surgeries over a period of, let's say 7-12 months. Surgery plus and all other expenses go into a the millions. Again, let's say 5million Baht. As he/she stays over 180 days, they will be tax residents and for the honour of spending 5 million Baht, they have to pay heavy taxes. Forget about this Thailand. You will lose more then you gain.

Means something to me as I can read company results with my background as an Economist.