Ben Zioner

Signs? Monks boombooming monklets?

Naah, this is!

Unelected

How could our days anyone believe in any god. But we have to respect the Bible for its structuring function throughout history. There are other holy writings of value, but please don't mention the Quran...

We were talking about retirement visas, hence the 800,000 deposit. So no job to be lost...

"Concern" ? Shouldn't that be "Uproar"?

That was the deal, wasn't ? Khun Thaksin.

Indeed, but one should be aware that any withdrawal made since jan 1, 2024 will leave data that can be used effectively in any tax evasion inquiry, at any time. The 20,000 you withdraw today could well cost you 60,000 in 5 years time; penalties plus 1.5% a month.

For many, who can justify a pension income of USD 80,000 or more, reusing the THB 800,000 deposit for daily expenses will save them more IT than the 50,000 LTR visa fee. Also over 10 years LTR is probably cheaper than extensions, for most people.

Ok, I apply my four points as follows: I have about 7.5 pre 2024 million to play with. I need about 3 million a year, in Thailand, This year (Jan 3) I transferred all my 2024 income, The next tree years I'll transfer 1.5 million a year, which will be taxed, or not (I have the LTRWP), If and when it is confirmed that the LTR tax exemption is effective I'll transfer my savings again, if not I'll take a six months sabbatical somewhere in the fifth year to transfer my savings again. Over a every four year cycle I'll save 2 to 2.5 Million Baht in Taxes. More of course if LTR..

e) have your holidays in neighbouring countries.

IMHO this will be seen as "tax evasion" by RD, if they catch you. One must be aware that they have all the relevant data at their disposal right now. However it is likely that, for a while, they won't have the capability to process that data. But if you gave it to me, I wouldn't have any problem in identifying people [cards] who make frequent withdrawals, all year, rank them, and deliver a list of likely culprits.

Sorry, my bad, shold be "after December 2023", of course. Let's hope some helpful moderator can amend the post, which is non sensical as it is now.

Well it is quite simple. a) minimise the amount of money, earned after December 2023, you are sending to Thailand, b) stay no more the 179 days in Thailand in a given year, c) combine a & b, d) get an LTR visa.

I think that's maybe true for someone that's relatively young. At 71 I'll be very happy if I can live until the expiration of my current visa.. It requires that, but also an uninterrupted stretch of 3 years of employment, backed by work permits. And then the LTR is so easy to get to going to the contorted PR process would be sheer masochism for older guys like me.

Got somewhat less than that but have about 4 Million flowing in yearly. Out of laziness and lack of greed I kept it 100% liquid, which served me neatly to get the LTR visa, and to plan income tax in case they removed our (LTR) tax exemption.

Amusing third world bureaucracy. Did it 7 times, but glad I have moved to Chamchuri's greener pastures, set in the middle of Bangkok's developed world, right in the 21st century.

Strange, as long as the LTR offers tax advantages I can see why someone would proceed to PR, which looks like a lot of trouble for less.

Sorry forgotten that in Pattaya everything is dirt cheap.

You mean prostrated patients? Is this some skeletal-muscular disease?

For a start the family of the teenage fathers should be held fully accountable of their sons actions. Both contraception and abortion must be seen as normal steps to take. Counselling, both pre and post termination, must be available for the young lady. Trying to hamper the efforts of the mother to bring her life back to normal must be seen as criminal. Throw religions out of the equation. I could go on... We have had it mostly covered in the west, unfortunately we have now both retrograde, immigrant communities and trumpist arses trying to do away with it.

OP wants 9 ST a month, so that caters for your 30k... And what's the point of being poor in Pattaya?

I am more worried about the "bridge's pier".

I'd say that with this lifestyle he needs at least 200k a month, so with a 30 years life expectancy, and with some padding, 100 million looks about right. And don't forget he would have to prove that those 100 million were earned before Jan 1, 2024, otherwise up that number by 25% to 30%.

Ok, right, but 90 is a "farm boy" IQ, let's say that the others are "dumb farm boys".