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Everything posted by Jingthing
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Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
We're talking about different things and I'm finding your line of posting tedious. Wait and see how TRD treats such withdrawals. If they include them, then the question will be about the specific source of the withdrawals (accessable or not). Thailand will definitely be able to see those transactions. No, they won't know whether the source is accessable or not. Pretty much the same as wire transfers. It's up to the tax resident to report accessable remittances. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
Stamp pimps? -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
I think you're confused. That's about sharing between nations. Not about what any country can gather about transactions within their own countries. Also of course it would no problem to identify international ATM transactions done within countries. You seem to be about worrying about being caught. The real question is what the eventual rule will be for ATM transactions that represent remittances. -
Trump good? Pardon me, I just spit out my tea.
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Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
No need to see ATM transactions within Thailand. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
I've heard that soon AI tools will be able to gather everything. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
It depends on the specifics of those pensions (according to your DTA if any). For example for Americans, Social Security no tax, but private pensions taxed (when remitted). Yes it's very possible more like probable that many local tax offices know nothing about these international situations. Some will say no tax for all retirement pensions and some will say all remitted money is taxed. Both are completely wrong. -
Would you talk to a famous Youtuber if you saw them?
Jingthing replied to Harrisfan's topic in ASEAN NOW Community Pub
I don't consider Pattaya area youtubers as anything more than locally famous, but here's one to watch that's starting to make it on the international scene. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
Countries offering retirement visas. I'm not playing into this global taxation debate. You know the situation in Thailand and as a foreigner if you don't like how you're treated, your voice has no weight to the Thai government. If it feels good to whine, then go ahead though. But just for fun, a U.S. example: -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
Not based on my research. In fact, they are usually separate things, and the rules to determine who is a tax resident are of course dependent on the specific country. There may be other determinant tests other than days in a country. But it's really irrelevant what most countries do. We know what Thailand does and as foreigners it really is a take it or leave it situation. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
That's the kind of detail that is subject to possible change. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
That's taking his view totally out of context. He also says regularly that each person needs to consider their specific situation meaning many expats will be legally required to file and/or file and pay tax. -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
That would be nice but in actuality tax resident and legal resident for immigration purposes are different things in most countries. -
What “family” is more corrupt , bidens or Trumps
Jingthing replied to riclag's topic in Political Soapbox
I don't speak Maga-nese, sorry. -
What “family” is more corrupt , bidens or Trumps
Jingthing replied to riclag's topic in Political Soapbox
Trump's of course. It's not even close. -
That's part of it for sure. Also a large part of the massive numbers of north of border citizens living in Mexico have Mexican roots. Also many people value being closer to home though I reckon that appeal is going to lessen in these dark political times. But whatever the factors, Mexico is an incredibly interesting and distinctive destination regardless.
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Ukraine must cede territory in peace talks, says US
Jingthing replied to Social Media's topic in World News
Of course it is Putin's plan to control all of Ukraine whether literally or through a puppet government. A person would have to be totally clueless not to see that. Any kind of "peace" deal wouldn't change Putin's intention one bit. -
Updates and events in the War in Ukraine 2025
Jingthing replied to cdnvic's topic in The War in Ukraine
An excellent interview with a military expert insider: -
Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income
Jingthing replied to webfact's topic in Thailand News
Well at the very least they should have carve outs for remittances for real estate purchases and large medical expenses. -
I know that many Americans and Canadians (yes, Virginia, they are different nations and will remain that way) who are living in or interested in Thailand are also interested in Mexico. Those people will likely already know that the normal paths towards residency (either temporary or permanent) involve surprisingly high financial requirements which are raised annually for either the income or show money methods. That said, for retirees, most Americans and Canadians would probably have enough savings (retirement account balances can be included) to qualify for their temporary residency which is a five year path towards permanent. However, there HAS been in the wake of Covid where many expats were stuck in Mexico a sounds too good to be true but WAS true option -- regularization. Through that program people could and did qualify for temporary residency without the need to show even one peso of income or savings. No point in explaining how that worked because it's been abruptly cancelled. There's a credible theory that it's related to the trade war started by Mr. Trump and expats can expect crackdowns in other normal aspects of immigration enforcement, but at this point for the regularization program the reasons don't really matter. Kiss it adios.