FaltuMora

I'm a 63-year old US citizen and I earn 180K USD annually, including 1099 MISC, withdrawals from 401K/IRA (Roth withdrawal is not taxed in the US), dividends, capital gains, interests etc. All incomes are from US and I pay US taxes based on my 180K incomes after various applicable personal and business deductions. I have decided to live in Thailand most of the year from 2024. I have four mia nois in their 20s in Thailand but they are registered as my US companies independent contractors in the US. Their official job is posting at least ten canned messages per day in social media and unofficial job is to sleep with me at least once a week in their birthday suit for my carnal pleasure. They are paid a fixed salary of 40K Baht/month and a capital one business credit card in their name with a limit of 200 USD. They are directly paid from my US bank to their account in Thailand. Besides that I also bring 2K USD/month for my own expenses to Thailand. I'm bringing only 24K USD per year to Thailand. Rest are not sent to my bank account in Thailand. How much tax do I have to pay in taxes Thailand from 2024?

I can get a sugar baby for one third the price of a sugar baby in the USA.

Not a bad idea considering China is becoming a space force and may be there are opportunities to launch Chinese satellite and rockets from Thailand.

BS advice. Alcohol is more addictive and causes more problems. The number of comments I see in this forum when alcohol sale is suspended due to religious observations tells me the alcohol addiction problems of members of this forum.

Average Americans own 6-cars in their lifetime. If they were bursting into flames while parked, it would have been a major events and we would have plenty of data.

I want to purchase a small city car to drive around Pattaya only. But it has not made any economic sense to me yet. I use Bolt for everything in Pattaya and my bolt expenses per month have never exceeded 6K BHT. I think I'm at the critical junction. If I consistently exceed 6K BHT/month for 6 consecutive months, I will buy a used one.

Old school thoughts. Do you know you can leverage CCs to earn money? I generate 15K USD per year using my 100+ cards.

What will be the status of weed legalization due to this alliance? I want weed legalization kept as it is. Otherwise, I have to buy low quality weed from the motorcycle gangs for higher prices as I was doing pre legalization.

Want to see proof? I wanted to emphasize it for people not to post unsolicited advise about the evil of using credit cards. I generate 15K USD/year using credit cards only using cash back, borrowed investment and selling tradelines. That is 50% of many people's pension in Thailand.

Thai banking is still in a primitive age. At least one can do everything through emails and phone calls for Indian banking system.

It does not cost me anything. In fact, I get at least $1,000 a year in cash back. 10K USD for investment at 3% interest and also sometimes I sell tradelines that net me a few thousand USD in a year. If you know how to use credit cards, have 100+ credit cards and close to one million USD in available credit, you can make some good money for free.

I will try to use it and see it it works or not. I have every USA bank's cards (more than 100 with close to one million USD in available credits), except CUs and local banks.

For Lazada I use cash because I prefer COD for Lazada. They are forced to hand me over the package instead of leaving the package in my condo's office. I did not see any COD for AliExpress.

I don't need to explain the benefits of using CC. I accumulate close to one thousand in cash back. I have more than 100+ cards with credit limits close to a million US dollars. I have bought cars in the US using credit cards for cash back. I borrow 100K from various cards as cash advance at 3% for one year and invest the 100K USD to get at least 10K returns. There are lots of benefits using CC if one has substantial number of cards and can leverage bank's money and pay them off when due.

No, I am not.

I uses my US issued CC that gives me 100% fraud protection and at least 2% cash back. However, when I am in Thailand, I cannot use it for AliExpress. It says card is not accepted. Has somebody used AliExpress with US credit cards or Thai credit cards? My next question is how do I get a Thai credit card?

I uses US issued CC in stores where they accept it, including 7/11. It has three main advantages a) 100% fraud protection b) At least 2% cash back c) Using other people's money for up to 50-days. I Use QR code to pay where they don't take CC, including sugar babies. Use ATM cash for buying weed and bolt. Don't mind paying ATM annual fees because I get it back more than that from my 2% CC cash back. Yes, I know I can use cashless ATM. Bulk of my expenses are in CC, followed by QR code and the least is cash.

I live in the USA for six months and in Thailand for six months (September to mid March). I use an agent assisted retirement visa for 12,500 BHT in Pattaya (I know there are other options for free/low cost but it best suites me for now). I am 63 and waiting for 67 when I get my full SS annuity from FRA at $3500/month. I have been drawing $3K from my savings for my expenses in the USA and also in Thailand. I have a condo in Pattaya. I don't drink but smoke weed almost everyday. Getting an intimate date with a sugar baby in the USA costs an average $5K in addition to my monthly expenses. Hence, my saving is also dwindling rapidly. I ran a Montel Carlo simulation with 5-7% market return to see how long my savings will last using the mean average of my monthly expenses of the last year and the outcome is not good. It will last 10 more years when I included my 3.5K SS from the age 67. I was thinking if I move to Thailand for 11 months a year, I can reduce my expenses and also have more intimate dates with sugar babies and my savings will last longer. Here are my planning. 1. An insurance if I live in Thailand for 11 months. 2. Get an LTR visa at 67 (Need some other type of income like some type of immediate annuity for remaining 40K required for 80K USD monthly pension requirements). What are your thoughts? Is it a workable solution for my predicament?

Must be a stolen car. Lots of stolen cars in Bangkok with fake plates.

Men won't get peace even if they travel 10,000 miles to find their brides in a completely different culture, language, and religion while surviving in a foreign land using their "wify visas"

There is an opportunity for you to start a nando franchise in Thailand.

I was not responding to OP's question, if he had any. I was simply reminding facts of life for two groups of people living in Thailand.

Instead of asking how much should I pay him, he is asking do I have to pay? As if it's his birth right to come to Thailand for a bride and the village head person is his personal service provider.

While some people take great satisfaction getting their retirement visa in two hours that can simply be stated in one line as "I got my retirement visa from xyz office in less than two hours", I get great satisfaction posting that I got the same by handing over my passport and 12,500 baht to an agent while my 800K earned more than 100K in the US as an additional investment and at the same time my 12,500 baht helped lots of people who were not fortunate to earn in dollars.