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K2938

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Everything posted by K2938

  1. In spite of the less than stellar performance of the LTR visa in terms of applications and visas issued, the BOI is apparently still maintaining its '1 million LTR visas issued in 5 years' goal ... https://thethaiger.com/hot-news/visa/thailand-still-pushing-its-unattractive-ltr-10-year-visa
  2. Do you know where you got it? It is currently far out of the rainy season which is why I am asking.
  3. So you will NOT be able to get SMS abroad if you have not activated roaming abroad prior to leaving Thailand? And are SMS received abroad then free of charge to receive, please?
  4. Distance Chicago - Bangkok according to Google: 8,553 miles, distance Berlin - Bangkok: 8,598 miles. So there is pretty much no difference! According to the latest findings, the earth is actually not flat????
  5. The climate is really only truly pleasant in Thailand during the cold season which is about four months from Nov to the end of February and now the pollution further reduces this by about a third. Not great for a tourist destination...
  6. Yes, the written statement certainly sounds much different from the prior verbal statement somebody reported above that 'with an employee using the LTR-WFT visa to work from Thailand, there is no liability for the employer for PE or taxes.'
  7. If your Non-O is expiring in late March and you want to go down the LTR route, then it would be most urgent time to apply . The 20 working days processing time mentioned by the BOI is largely a myth and even if you apply right now, you might run into timing problems.
  8. 1) You need to get some professional tax advice, ideally from one of the Big 4. And this includes both Thai and UK tax consequences. 2) If I remember correctly, somebody else above also had a related query on this, so you might want to link up with that person. 3) My gut feel when reading through some of the questions also posed above by other people is that nobody has really thought through all the tax issues here. So you are bound to risk getting some nasty surprises if you do not investigate in advance. And asking the BOI is probably not really going to help you very much either because while they are nice and polite, what they say might not necessarily be true. 4) You might want to check before all this if your company really will maintain your UK level salary because you certainly would not want to make this move on a Thai salary (and would also hardly qualify for the LTR visa with such a Thai salary).
  9. If I remember correctly, previous numbers disclosed indicated more than half were conversions. As the number of people eligible for a conversion is limited and many of those who can have already done so, their relative share is however likely to decline. And with this the number of overall applications will most likely also further slow down.
  10. How long have you been in Thailand before this over the last one or two years?
  11. ...oh, of course, that is why they now want to introduce the 300 THB tourist entry levy. Now I understand????
  12. I would suspect the WIP is so big not only because the processing is so slow, but also because it contains a lot of in reality "dead" applications. So a significant part of those should really be in rejected or withdrawn. And by including dependent visas which account for over 20% of all visas issued the figures also get embellished. So in reality the numbers look even less favorably. But hey, things could be even worse. Indonesia's also newly introduced second home visa apparently got exactly zero applications so far in Bali
  13. And Chinese and Russians on place 2 and 3 of the LTR visa. Among these are probably a lot of Chinese fleeing the (at that time) zero-covid policies and Russians fleeing from the repercussions of the Ukraine war, so their number and relative share will probably strongly decline in the future when these two special factors do not exist any longer
  14. Yes, if I remember correctly based on some previous data released over 50% of applications were from people already in Thailand anyway. And since the shortfall between the official goal of 1 million visas in 5 years and the real number of visas issued is now so huge that it is clear to everybody that this will never ever be reached, this goal now allegedly was never really meant seriously anyway. The visa is attractive for a very small group of people who happen to meet its criteria. But to expect huge numbers of visas to be issued just seems to be based on the fallacious idea that all the world's wealthy are just dying to move to Thailand. They are not.
  15. Real life data points were the basis for my above comment. Common sense would dictate what you said, but that is unfortunately not true
  16. If you continue living in Thailand, then it is very easy. If not, then it depends on what conventions about support in family law the country you are then living in and the country where the assets are held has signed. So it is not as difficult as you imagine, but as it costs a lot of money, somebody would only pursue this for big amounts
  17. The BOI does not accept if you just have the money, but they want "income". So given that stocks have a dividend yield of about 1-2%, you would need to have a stock portfolio of 4 to 8 million USD to get to 80k USD. And if you have this amount of money, you should very carefully think about if it is really sensible to disclose this unless you then also want to have to hire some body guards for your protection
  18. The point is not the filing of the TM30, but having a LONG-TERM rental contract (like 12 months) for getting the Non-O extension which I assume you will not have. The precise policy of Jomtien I do not know, but other immigration offices require this as a mandatory condition for getting a 1 year extension
  19. I assume you will not have a long-term rental contract if you only stay in Thailand for four months. This could be a problem for the Non-O extension at least for some immigration offices
  20. They should remove all the original uploads once a case is decided. Just a huge security risk to have all the confidential financial information continually posted on the internet with just a simple password, not even 2-factor authorization.
  21. Another advantage of the LTR-WP visa is that assuming you have the income you have no requirement for a security deposit in a Thai bank or the pain and expense of monthly money transfers like with a Non-O. And those who use agents to circumvent this will pay even higher agent fees
  22. I do not think that the introduction of agents will cause a step change in the number of LTR visas. The fundamental problem of the LTR visa is NOT that the application process is technically too difficult, but that the criteria are set such that very very few people fit. So at the margin, there might be a few more applications and visas issued with agents, but the huge embarrassing shortfall compared with the target of 1 million in five years will not disappear thereby.
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