oldcpu

I wonder if this was a 'one of' occurrence, or if we will see more of this? The hope was that for some it would be better to switch from a Type-O non-immigrant to a DTV ... but if this is to be the case it sort of makes such a switch not such a great idea after all.

Yes - to a Type-O non-immigrant visa for reason of retirement. And they get new 'rights' then. < lol > But then they are no longer Visa exempt. Are they - right?

I believe for non-residents, that is only for Thai sourced assessable income, and not for remitted foreign income, even if such remitted foreign income is assessable income.

Fair enough. When I do visit Europe (typically for 6 weeks a year) that is my residence. i see your point. I actually did change my address to Thailand for a couple of years, but when I needed to change my Wise debit card, I had a problem (they would not ship to Thailand), so I changed my address back to Germany ... and they happily shipped my card there. i picked it up a few weeks later when visiting Europe (and staying at that address). Perhaps Wise has changed their policy since when I was using a Thai address ... (I received a replacement card late last year @ German address and I have not changed my address back to Thailand again).

Do you have any friends or relatives in the USA who will let you use their address? Other countries you could try (with relatives and friends are most EU countries, United Kingdom, Canada, Australia, New Zealand (and I suspect some others). Find someone you can really trust. Note you still use YOUR NAME, you just note the address is 'care-of' your relative or friend. I originally obtained my Wise account (and debit card) while living/working in Germany. When I moved to Thailand, I changed my mailing address to good friend in Germany ... To something like: Mr. oldcpu z.H.d. oldcpu's friend's name (where z.H.d. is like c/o in English) street address city, germany postal code So I am not hiding anything. Its clear the address is at care-of another person's address. That has worked for me. .

and that is why you try to put the Visa 'down' . Because you don't have the visa. You need to get out more. You could not be more wrong. I repeat , those who have the Visa think it is what it is cracked up to be - and again you were proven wrong.

I recommend you give consideration to what other's have noted. There is a guide that gives more detail as to what goes in each of the fields in a Thai tax form. I have a partial copy of what I believe to be the wording ( but unfortunately do not have the referenced image😞 I believe you need a tax certificate if one wishes to use this field? The English language translation is not good but it does read to threaten a 'criminal penalty' if tax certificate not provided. I would not enjoy an audit in such a case if it were me and I used that field without the appropriate tax certificate.

and I did. You asked for something that those on a visa exempt can't do. I named it. Clear enough? You can't shift the fact you are wrong. You can not get a yellow book on Visa Exempt. You can't shift the fact that those on a type-O/OA visa, will have the right of having extra $$ in their hand after opening a bank account, while those Visa exempt will be $$ more poor after paying the agent. and I have YET to see anyone visa exempt, pay an agent to give them a one year extension. You clearly stated no additional rights. You have been proven wrong. .

Living in Thailand for 1 year can be considered a 'right' that Visa Exempt does not have. An agent won't get you a Yellow Book. An agent requires $$$ to open a bank account for Visa exempt. Those on the Type-O/OA can open without that and they have the 'right' to keep their money -as opposed to Visa exempt who has to give up that money to open the bank account.

I just told you. Try to get a one year extension on your permission to stay in Thailand on a visa exempt. I just told you. Sure if you want to pay a bunch of extra $$$$$ that those on the 1-year visa don't have to pay. Those on the Non-O / OA visas are out drinking and eating with that money, while those Visa exempt have to hand it to an agent in order to circumvent bank policy. AGAIN, without an agent, visa exempt you can't open a bank account. Having a yellow book, allowed me to use that# as a tax-ID, unfreeze a foreign bank/trading account, and make a timely stock trade earning me $40,000 US. Without the yellow book ? Nope. The local RD office denied me a Thai TIN. Is that clear enough for you. So I ask you again, try to get a yellow book on a Visa exempt. Try. I just did.

Glad to read that. Of course 30-day visa exemption stamp (and even on newer 60-day visa exempt) is no longer easy. It was possible 9 years ago ( I did such without an agent) but not so anymore.

I have yet to see anyone on a 30-day visa exemption stamp get a 1-year extension. Further, when on a 30-day visa exemption stamp, without use of an agent, try to open a bank account here. When on a 30-day visa exemption stamp, try to get a Yellow Book. All of those can be done with a Type-O or Type-OA visa for reason of retirement (albeit the yellow book can be a bit problematic at times to get).

OK. Its a great visa. For those who have it, the Visa is what it is cracked up to be. You need to get out more. Everyone with the visa is content. Re-read what I posted. Those who complain are those who don't have it. Glad to read that. The truth is, those with the Visa are happy. .

I commend you for your prudent approach - but I speculate you may have a long wait to see DTAs noted on the Thai taxation forms. ... .. Of course I too would like clarity, and I would even like to be proven wrong in the 2025, 2026 ... etc tax return form ... but I wont' hold my breath waiting for that to happen, despite my desire to see more clarity.

You would have to bring that up with the BoI. Perhaps they were hoping to attract a level of wealth to Thailand, that was not as interested as BoI hoped Again - I have yet to meet one person, with the LTR who is disappointed. ie. for each and everyone who obtained the LTR visa ,the LTR visa IS what it was cracked up to be. The one's complaining are pretty much those who did not try, or tried and did not get the visa. It may be a 'sad' truth, but that is the truth.

It says those who obtained the video are very happy with it.

To clarify - BoI may be discontent they did not achieve the statistics they wanted - but those who qualified and obtained the visa read to be reasonably content with the Visa.

I don't think so. How many LTR visa holders have you met who are disappointed with their visa?

Thanks. I did previously dig through the Thai-German DTA and quoted pension relevant sections out of the DTA in my post earlier. As near as I can determine some German sourced pensions are taxable in neither country. But I am not certain about this.

I believe you will find it is a Visa Debit card. Not a Visa credit card. There is a difference. I know in Northern Ireland, when I went to rent a car, and passed my Wise Debit card, it was immediately passed back to me, with the comment, this is a DEBIT card , and a loud insistence (from a tired rental car company agent) that I needed to pass them a credit card.

You can find the double tax agreements here : https://www.rd.go.th/english/766.html The Thai-Netherlands one has been around since 1976. The DTAs tend to be a bit confusing, as they say one thing, and the add qualifications using the words "not with standing". Article-18 of the Thai-Netherlands DTA notes : and para-1 of article-19 states: I am no tax advisor. I find such wording confusing. My interpretation is (a) if you have a Netherlands civil service or military pension, it "may" be taxed in the Netherlands, and Thailand may also tax it. And (b) if you have another (not civil service nor military pension) from a Netherlands company for work in the Netherlands, then it can ONLY be taxed in Thailand (and not in the Netherlands) - as long as you don't use it as some sort of deduction in Netherlands tax return. And (c) if have another (not civil service nor military pension) from a Netherlands company for work outside of the Netherlands - then ... its fuzy to me, but I believe that means both Netherlands and Thailand may tax such. Of course in the case of (b) (ie article-18(1)) above, Netherlands should not tax such. But for Netherlands not to tax that pension, you need to tell the Netherlands your residence is Thailand. Else they will want tax money from you obtain in the Netherlands. Likely, dependent on your pensions, if you remit your pension income in the year of earnings into Thailand or anytime having earned after 1-Jan-2024, you will need to file both Thai and Netherlands tax returns, if you remitted income is above the threshold noted. In cases where Netherlands has already taxed you, then you need to apply a tax credit to not pay twice. I don't know the details. Typically the country of residency gets 1st dibs on one's pension in cases where both can tax - so you will need to sort the details there. And reference any documents not in English or Thai, if they are needed by Revenue Thailand, you will need to have translated to English or Thai , possibly via an official translation service? < unsure > I don't know there if google translation is acceptable. I may have that wrong - that DTA was much different from others I have looked at so I could have made an error - others please chime in and correct me if wrong. I am no tax advisor - so lets be clear on that. I am only an interested bystander hoping to help through this legalize maze.

I recall that joke. When something never shows up and one asks: where is it? The answer usually is: Its in the mail.

What is it cracked up to be?

Siam legal? < sigh >

I don't know, my Thai wife is my interpreter. I am fortunate her English excellent, she has an MBA and a masters in engineering ( from a German university) so these financial aspects are not complex to her. She does thou need to be briefed prior as to what I need to find out.