K2938

https://www.thaienquirer.com/50744/thai-government-to-tax-all-income-from-abroad-for-tax-residents-starting-2024/

https://www.thaienquirer.com/50744/thai-government-to-tax-all-income-from-abroad-for-tax-residents-starting-2024/

The real Thai fat cats are not really impacted by this as they have enough local Thai earnings to avoid the need to ever bring any of their foreign earnings into Thailand

How great that the Thai government now has all the financial/wealth information on LTR visa holders to make sure that they fully comply with the new tax rules...

Thank you for this very helpful information! The fact that the Qdenga vaccine has been approved by top medical authorities like the EU medical agency might give one some confidence that things are safe. But at the same time the fact that Mahidol, which was deeply involved in the development of this very vaccine, has reservations makes one wonder if it is not indeed really better to wait a little longer until more data is available.

The new one is just becoming available in Europe this or next week (COMIRNATY Omikron XBB.1.5)

Price at Mahidol is considerably cheaper at 1,639 baht per dose (https://www.thaitravelclinic.com/blog/vaccineinfo/dengue-vaccine-for-foreigners-travelers-in-thailand-should-i-get-it-update-2023.html)

Do you happen to have a link to the document you mention, please?

Better talk to the LTR people in Bangkok because they are the ones who will approve or not approve your scheme. And talk to them by email because you want a record of what is said and you want that people carefully consider their answer which will probably not happen in a phone call. P.S.: I concur with aublumberg that this is very unlikely to work. But you can of course always try. Good luck!

Even says in the contract that they can basically do whatever they want. The pretty much only exception would be if the company were shut down by government order, but the Thai authorities could do a lot of negative things without fulfilling exactly this condition. So you buy at your own risk. No compensation. The likelihood of you being totally ripped off is however low since there are also reputational factors.

If you get it at the airport when flying into Thailand, I believe you need a lot less documents. But maybe you have no immediate travel plans

If you use an agent, you should only use an official agent, i.e. one of those also mentioned on the official website of Thai Privilege. Then you might want to look for one who shares his commission in one form or another. I think Siam Legal for example does this via gift vouchers and various other free services. And for your own safety never make any payment to the agent, but only directly to Thai Privilege.

I fear you might be wrong. The number of applicants will certainly decline, but might well be compensated for by the higher fees per applicant. And if you look at neighboring countries, then Malaysia and even Indonesia are also quite costly long-term visa wise. The Philippines for example is not, but there you also have high crime and various other problems which put off many people. To be honest, the elite visa was quite cheap before the price increases for a country like Thailand. So based on all this I fear one might also expect a significant increase in the price of Non-O visas in one form or another in the not too distant future

Yes, just not sure if the "quality" will really increase. The people with money will switch to the LTR visa and among those who will still go for Thai Elite at the new hugely inflated prices will probably be a lot of shady characters who have no problems paying the amount, but want to avoid the scrutiny of the LTR visa

So the 20 year visa price has increased from 1 MM THB to 5 MM THB and on top of this is now by invitation only. But do not worry: For the additional 4 MM THB you now also get a limited number of bonus points which you can cash in for a few "Buy-one-get-one movie tickets". Isn't this wonderful. I can immediately tell that the extra 4 MM THB (4 000 000 THB) is money well spent????????????

Full details: https://www.thailandelitevisas.com/thailand-privilege-introduced-new-elite-visa-packages/

where do you think ? Thailand tax code. Thank you, but unfortunately I did not find it there. Neither there, nor in any of the commentaries on the Thai tax code did I find any hint that as you say "as a Thailand tax resident you are required by law to remit any money earn outside the country into a Thai bank". So if you could kindly tell me where it precisely says this I would be most grateful.

Where does it say this, please?

Yes, that is what the contract says, but the reality is that the invoice will then say 30 days I think

In what regard would Malaysia be more tax friendly than Thailand? It is the reverse

Not sure what your contract specifically says as things changed over time, but the current protection clause is very narrow and so would most likely not cover you against a huge variety of imaginable adverse changes and really virtually anything could be structured such that it would not be covered by the protection clause which only applies: "In case there is any order, rule, regulation or law announced by any related government authority which has an impact on the business operation of the Company to the effect that the Company is unable to continue its business or perform its operation as usual, the Company shall be entitled to terminate the Membership for the Member by giving an advance written notice to the Member."

Gun deaths per 100k population: US: 15.6 Thailand: 3.1 https://wisevoter.com/country-rankings/gun-deaths-by-country/

In the EU for example it IS also approved for people over 60 years old based on extrapolated data

And how long does this take there, please?

What is the "new better vaccine from France" you are referring to, please? You do not mean Qdenga which is Japanese (Takeda)?