Pattaya57

It's not my personal circumstances. You continually say everyone outside of Australia more than 183 days would be automatically a non-resident. That is not what the proposed rules say as I explained. For anyone that has been out of Australia for more than 3 years, if the proposed rules are made law they would need to go to Australia for a 45 day holiday. Then they can continue to be a Resident for tax if they meet two of the factor tests (one is already met if Aussie citizen or permanent resident, other could be as simple as having family or investments still in Aus)

About $900k @ 5% which Westpac and NAB currently offer for savings accounts. Could get more on Term deposits Edit: Term deposit is 5.3% at Great Southern so $850k needed

No it doesn't. I could be outside of Australia for 320 days and still be resident under the 45 day test. In fact I could be 365 days out of Australia and still be a Resident because I did 45 days in Aus during either of the previous 2 tax years So funny that someone quoting the proposed tax rules in every post they make doesn't seem to actually understand the proposed tax rules 🤔

You've got the "bright line test" definition wrong, which is why all your posts have a contradiction. It is: "a person who is physically present in Australia for 183 days or more in any income year will be an Australian tax resident"

Yep, proposed rule is only 45 days in Aus in a tax year, within the last 3 years, so piece of cake. Leaving Australia first time you're good for 3 years, then simply do a 45 day trip to Aus and good for another 3 years. If anything, the proposed rule makes it easier to stay a resident as that's up to 6 years covered with just one 45 day trip back to Aus

That ATO tool is useless as pretty much always gives the answer of: "This tool is unable to determine your residency status for tax purposes after you leave Australia" It all comes down to "intent" of an individual which the ATO tool can't calculate. Here's 2 ways I could go which are both legal declarations of the same situation (as long as I stick to my story) Australian non-resident I flew to Thailand on a non-imm O retirement visa and live in my Thailand condo. I intend to retire in Thailand indefinitely. Australia Resident I am on a 1 year overseas holiday whereby I have rented out my property in Aus for 12 months and put all of my stuff in storage. I am staying in my Thai condo that has been my holiday property for 10+ years. I intend to return to my Aus property after 1 year holiday (I can then decide to extend my holiday for another year, etc.)

I opened a fixed account in April and they copied my ID page and non-imm O stamp. I'm sure they would copy the same non-imm O stamp when I close the fixed account like you have done. (this is not just a withdrawal, you are transferring funds and closing an account)

This doesn't make sense as many people are living year round on visa exempts + 30 day extensions. Me personally I've used 3-4 visa exempts + extension per year for last 2 years, staying over 220 days in Thailand each year, without any questions (2 month breaks in between)

Not sure why a bank copying your Visa/permission to stay stamp is such a concern for anyone? What's the big deal?

I've never advised any bank of my Thai address so have never received a tax status declaration form from any of them. I don't know why anyone would give their overseas address to a bank unless you were formally declaring yourself as non-resident?

Boots pharmacy is quite large just across the car park from Villa entry doors

You're forgetting without an agent you need to stay a minimum 1 night in Cambodia. Are you taking your car across the border or leaving it parked at the Thai border overnight?

Oz now how e-visa so timing is no longer an issue as no need to post passport. My non-imm O was issued by email from Canberra within 3 days

OP is using same company I did for that trip report. Highly recommended as a very safe, comfortable trip and well worth the baht to have everything pre-organised for you

Just to point out the actual 45 day proposed rule is "you will be a non-resident if you spend less than 45 days in Australia this income year, and less than 45 days in Australia in each of the two previous income years." So basically you can do one 45 day trip in any 3 year period to retain Australian residency. I actually wish the proposed rule did come out as I'd be good for 2024-26 tax returns as I've done 45+ days in Aus this tax year. Then I just need to book a 6 week holiday in 2027 and be good for another 3 years.

My understanding is that the double tax agreement means that as Super pension has already been Taxed in Australia it shouldn't be Taxed again in Thailand

Yeah, I should have put a smiley on that excuse line as wasn't serious. Like you say, I just find it incredible ATO want to know if you are non-resident, while banks just want to know if you're tax resident of another country. Two totally different things Of course an easy way out is just worry about the ATO part and then pay 10% tax on your bank interest at tax time instead of having the bank withhold 10% throughout the year

Why do you keep promoting this proposed tax change in every thread? It's exactly that, only a proposed change that has sat dormant for years with no current release date planned. Who knows whether they'll ever be realeased or even if they are, they could be significantly different to that proposed years ago. So what's the point repeating over and over as if they are real when it's total speculation. I prefer to stick to actual tax laws so please don't derail the thread with your favourite topic as your last six posts have all been about the proposed tax changes which no-one asked about (why not start your own thread on it since you care so much about it)

Pretty obvious really, drink 2 bottles of $40 of red wine, no hangover, drink same amount from a $10 wine cask and wake up like death. The trick is to find the balance between expensive and rot gut. For me it was about $18 for a bottle of red

It seems he's on an ED visa while his wife will be the one coming on the Non-imm O

Further to above, when you advise your Aussie bank you are a tax resident of another country and provide your tax number, they say they will inform the relevant tax authority in that country of all account information. So Thailand would know how much you have in Aus bank and how much interest you earned? This is from ANZ but all banks say the same. "Under the AEOI, all Financial Institutions (including ANZ) must identify accounts held by customers who are foreign tax residents or entities connected to foreign tax residents. Financial Institutions must report these to the relevant Tax Authority who will then automatically exchange the account information with the relevant foreign Tax Authority(ies)." https://www.anz.com.au/about-us/our-company/automatic-exchange-of-information/

I remember when you applied for bank accounts in Aus it used to ask something like " Are you a resident of Australia for tax purposes" or maybe "Are you a non-resident of Australia for tax purposes" Now they seem to ask "Are you a tax resident of another Country". If yes, "Please provide TIN" (Tax Identification Number) This is a significant difference as I am not currently a tax resident of another country. I had also previously lived 15 years in Middle East as a tax non-resident of Australia but was never a tax resident of Saudi, Bahrain or UAE where I lived. Does this give an excuse to not declare non-resident? My Mate was on the phone to Westac for 40 minutes yesterday. It of course went to an Indian call centre where mate said they had no clue about Australian non-resident status. All he got was his address changed to Thailand and advice that he had nothing to do as he was not a tax resident of another country (Mate and I are not tax residents of Thailand as we have not yet spent 180 days here this calender year)

Your application needs to line up with what you are applying for, not what you may do in the future I didn't have a flight booked when I applied for my non-imm O e-visa. I just picked a made up departure date 4 weeks away and said my stay would be 90 days as allowed by that visa. I'm now on a 12 month extension to that non-imm O

Just found another one of OP's inconsistencies. He's now apparently been married 3 times while still only being 21. Surely one of the 3 ex-wives would have got the Rolex in divorce 😆

Just wondering how extensively travelled a supposed 21 year old can be while you were busy building up your business to just sell and make yourself wealthy. Your contradictions in your troll posts are getting ridiculous. Must be employed by Asean Now as a professional troll to gain post clicks otherwise why do they allow such an obvious fake poster?