wordchild

He has made a big deal about his Thai Citizenship in the past. I don't know if he got it via the PR route, but maybe he is just peed off that some people have been able to obtain , what is effectively PR, at least for 10 years, without jumping through all the hoops that he had to go through. And even more annoyingly these LTR holders enjoy tax privileges not available to Thai Citizens or holders of Thai PR status.

He doesn’t like this visa and never (as far as i recall ) had a positive word to say about it. From what he says, I just presume he was unable to attend the BOI LTR community update recently , as many of the concerns/objections he raises were dealt with during that meeting ( including by a senior representative from the Thai Revenue Department) and also at the follow on sessions after the main meeting . These involved one on one consultations with BOI officers. Personally I did attend all of this and reported feedback above. I know TIT and things can change but, as of right now, he seems not to be a reliable or unbiased source on this subject.

well for Gods sake sell them, stay lucky!

Yes, the questioner was quite specific, using that as a possible future scenario, and the answer from the Revenue gentleman was clear. In such a scenario, the taxation benefits of LTR visa holders would not be affected. That is what he said anyway.

In response to audience questions, the BOI officer stated that she expected that people would be able to renew their visas after the 10 year period basically by repeating the initial application steps.

I went along, The first thing to say was that they promised to post the slides, on their site, within the next couple of days. There was some clarification on certain issues esp re the tax situation for the Wealthy Global and Wealthy Pensioner members; this arose thanks to questions from some of those present (rather than directly from the presentations) . However there was a lack of clarity/specifics on other issues and there were many questions that were not dealt with satisfactorily (my opinion) especially relating to the position of those who were working in Thailand eg Highly Skilled professionals etc. Also a number of those present reported getting conflicting information from different Tax Offices. However for those in the Wealthy Global and Wealth Pensioner Group the senior guy from the Revenue department was very clear on a couple of points, (in response to audience questions). 1) There is no issue regarding the timing of receipt of overseas income. He was very clear that overseas income was exempt from Thai tax, for those visa categories, regardless of when it was brought into the country , including income brought into country during the current year. In response to a question, he stated that this situation would not change even if there were to be be a more general change to the tax system , eg a move to worldwide taxation for the country at large. 2) There is no requirement for those visa categories to report overseas sourced income or to fill out tax returns relating to that income. I am sure others will follow along with more info.

the format and email header is exactly the same as the one posted above

it came from the regular address ltr at boi go th

I got the email as well and it came from the BOI email address (which i dont seem to be allowed to post) so,on the face of it, it seems genuine.

If you like history search for "The Rest is History" a series of Youtube videos (each around 50 minutes long). 2 British history professors discussing significant historical events from ancient times right upto the modern era. Interesting and entertaining . IMHO its the best thing on Youtube.

Supports Trump, says it all,really

Certainly he became Prime Minister as the result of a deal with the military, and i am sure he must regret some of his associations at that time. On the other hand he was a competent leader who genuinely tried to move the country forward before the Thaksin inspired Red Shirt protests shook the country to its core. In terms of his intellect and honesty he stands head and shoulders above any other recent Prime Ministers.

Just get a Thai will drawn up that references your non Thai assets

On my last entry, a few weeks ago, i had a brief interaction with a friendly IO. I mentioned some of the issues I had had in answering (fully) some of the questions on the form. his response was , 1) all I can see on the system is that you completed the form and 2) don’t worry too much about this, we know it has been poorly designed and feedback has been given, we hope it will improve going forward.