TravelerEastWest

What is the LTR email address for questions? I want to confirm that the annual report is not possible via the internet.

No bulletin just what I was told third hand... could easily be wrong

I understand completely I find the staff very friendly and helpful. Easy to ask them questions not like immigration...

I agree with you -you must have been one of the first to get the visa - good work. Why don't you do the annual report online?

They were absolutely certain and they convinced me - but things can always change... They are looking for a steady stream of income so you in theory could use capital gains but you likely have to show a good track record and be persistent. They are a bright team and you can talk to them. I don't think the Revenue Department is able to override the BOI but political infighting is always interesting and we can't predict exactly what would happen. But as a Thai friend told me at dinner yesterday after my visa the BOI is in the business of promoting Thailand to investors and they are like salespeople, not police. overall as others have stated a good experience.

There are real world-class tax CPAs in Thailand (mostly in Bangkok in large international firms) but they are expensive and will give expert advice light years better than what a nonprofessional will give you. Certainly better than what you will get on the internet in most cases.

On Friday I got my visa and a BOI manager told me all was well and not to worry. So anything can change but LTR visa holders should be exempt from the new tax rules.

Why would they leave when the LTR visa takes care of the tax problem got mine yesterday and a manager assured me that all was well and not to worry - she was very confident. of course anything can change over time... The visas are easy to get and the BOI treats you politely. Low-income expats who mostly get retirement funds will probably be mostly exempted so it is only those in the middle who will be affected. Which of course is not good...

Great answer and it makes sense... Thank you.

I have my appointment for Friday - they asked me to bring my Thai marriage certificate (I was married in Bangkok) I wonder why that was asked for?

I am not sure - we have to wait and see... On Friday I am going to the BOi to get my visa if possible I will ask them.

A good post I agree with 90%...

I am not sure if you are trying to be funny or just don't much about credit cards. But credit cards are certainly available in America for noncitizens and sometimes you don't even need to live there...

Yes, some credit cards give you a 3% fee not sure how often you get a bad rate. I get a 3% fee but I also get a cashback reward so almost evens out... and I get the safety of the credit card.

Yes - get a secured visa card example you deposit X amount of dollars in a locked account for about a year. They give you a Visa card and then give you back your deposit after you show a good payment history for around one year. Not sure about the living in Thailand part you may need an American address...

Exactly.

Just use an American credit card and you are protected...

Not a big problem usually just open accounts in different banks...

There are options example we bought one property from a sign with no realtor another property we found from a village headman - but he actually when I think of it he was sort of a realtor... nice guy very helpful....

Actually, the interpretation worldwide can be "fluid" and often not only do national laws change but how they are administered locally. - They can and do change - legally and formally. As an example that I posted earlier: The IRS in America can claim whatever they want and when a taxpayer takes them to court and wins the IRS can appeal and still lose - and key point - only follow the court in the local area. For example only California and nearby states but not in the north or East coast etc. I am employed by a company and own a company and file Thai tax returns but not because I own a business or am employed by a business but because I earn over X baht. But I can't read Thai so maybe there is a law that says simply owning a company or working for one requires a tax return - possible but I have not heard of it...

I have had a work permit for many years and have never been asked for my TIN by immigration so I would be cautious with the advice given to you by the two lawyers. Are they also CPAs? Do they have special training in taxation? Normally you have to have taxable income above a certain amount to be required to file - or is the law different in Thailand about that? I have noticed that Thai accounting rules do not always follow GAAP but seem to be close. Thai tax laws are also normally easy to understand from a Western point of view.

Thank you! Will do...

Thank you good advice Wednesday it is unless I cant wit then Monday or Tuesday - smiling...

Thank you I am on screen 7 I meant to say how long do you guess until screen 8? My paperwork should be fine they are just adding my AXA insurance...

I was approved last week for a WP LTR and uploaded my insurance form on Tuesday. note October 4th I started the process. Any guesses on when I will be able to make an appointment to pick up the visa in Bangkok?