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Expats worries: What's next?


swissie

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21 hours ago, ivor bigun said:

Nothing to do with not being able to afford it,its MY money why should i tie it up permanantly,its mine if i want to spend it ,up to me.

Sent from my SM-A720F using Thailand Forum - Thaivisa mobile app
 

And if you do the 65k per month transfer, you CAN spend every last satang of it.

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2 hours ago, Bangkok Barry said:

I can live quite comfortably on 15,000 a month, including running a pickup, feeding a wife and five dogs, having aircon, internet and worldwide tv, and going out for dinner once a week.

Please tell me how, and I have only one dog.

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20 minutes ago, wgdanson said:

ALL?

Excluding Income in Tax efficient vehicles (e.g. ISAs) all income in the UK is taxed, it's just the 1st 12,500 or so is taxed at 0%, so effectively it's tax free, but the distinction matters when it comes to Dual Taxation Agreements as it is considered to have already been taxed (at Zero Rate) 

 

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1 hour ago, PerkinsCuthbert said:

And some don't have any vices and live happily and modestly on a fraction of that. So what? What's your point?

I think the point is Thai Immigration does not care if you are frugal or not.  The want 800k in the bank.  

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5 minutes ago, marcusarelus said:

I think the point is Thai Immigration does not care if you are frugal or not.  The want 800k in the bank.  

This is not that bad. Hopefully they won't do the same as the MM2H Malaysian visas, they require more money in the bank. The Thai system is good for people who are not sure whether they would want to stay here long time.

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6 hours ago, Isaan sailor said:

Thai government floated the idea of taxing Social Security income.  State Department strongly advised not to proceed—since retired Americans have already paid taxes to fund it (100% of their tax, BTW).  If Thai govt ever pushed it through as a new tax...goodbye LoS...

Many of us already pay tax on much or most of our Social Security income in USA 

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2 hours ago, wgdanson said:

Please tell me how, and I have only one dog.

 

Electric is 4000 max, tv 500, internet 600, petrol for the pickup 2000, 500 or so for an evening out which includes two beers at a place near me that does excellent English food. That leaves around 7500 a month for food.

 

I spend 100 baht a week on bread for breakfast toast, baked by my restaurant owner friend. I have noodle soup or my wife cooks masaman chicken or green chicken curries for lunch. Almost all evening meals cost around 50 baht, be it beef mince, pork loin/belly or roast chicken, or a toasted bacon sandwich. The only 'extravagance' is salmon which might cost up to 150 a couple of times a month. The food bill includes an average of 1000 a month on English food that a supplier puts on a bus for me to collect - meat pies (steak/pork) at around 65 each, large English bacon slices, fish fingers.

 

My wife mostly has noodle dishes and fish bought from the market, or cooks from stuff in the garden. I'll have a couple of beers and a snack while watching the football at the weekend. Used to do that each evening but stopped it and lost a few kilos as a result. I favour Siam Weizen and Tapper.

I do also now pay 7500 for the pickup, but that finishes soon. No rent, as I bought the house for 600,000 when the exchange rate was at its best, and spent double that on doing it up and extending it. Four bedrooms, two bathrooms, two lounge areas, one up one down, on one rai of land. I'd guess the house is worth around 3.5 million now.

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15 minutes ago, Bangkok Barry said:

 

Electric is 4000 max, tv 500, internet 600, petrol for the pickup 2000, 500 or so for an evening out which includes two beers at a place near me that does excellent English food. That leaves around 7500 a month for food.

 

I spend 100 baht a week on bread for breakfast toast, baked by my restaurant owner friend. I have noodle soup or my wife cooks masaman chicken or green chicken curries for lunch. Almost all evening meals cost around 50 baht, be it beef mince, pork loin/belly or roast chicken, or a toasted bacon sandwich. The only 'extravagance' is salmon which might cost up to 150 a couple of times a month. The food bill includes an average of 1000 a month on English food that a supplier puts on a bus for me to collect - meat pies (steak/pork) at around 65 each, large English bacon slices, fish fingers.

 

My wife mostly has noodle dishes and fish bought from the market, or cooks from stuff in the garden. I'll have a couple of beers and a snack while watching the football at the weekend. Used to do that each evening but stopped it and lost a few kilos as a result. I favour Siam Weizen and Tapper.

I do also now pay 7500 for the pickup, but that finishes soon. No rent, as I bought the house for 600,000 when the exchange rate was at its best, and spent double that on doing it up and extending it. Four bedrooms, two bathrooms, two lounge areas, one up one down, on one rai of land. I'd guess the house is worth around 3.5 million now.

Well done. My electric is never more than 2000, and I have 'discovered' Tapper @ 53 baht a can! 

What about car insurance, maybe 12000 a year, road tax @ 5000, health insurance????

 

 

Edited by wgdanson
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4 hours ago, Henricus said:

It`s so simple If you don`t feel welcome anymore, OR if you don`t follow the requirements to stay in Thailand go somewhere else to life the freedom you have here.

Thailand is not a prison and you have all-day the possibility to leave.

 

What nonsense. Many, many expats have Thai family and can't leave without tearing their wife away from her family. How is that simple?

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On 7/24/2019 at 1:43 AM, RichardColeman said:

Personally I think the next step will be that there be a requirement for you to live in a property you own atleast 6 months a year, or it is confiscated by the state.

Don't be giving them ideas .......

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Next, you must keep a minimum of 800,000 Bht in a Thai bank account at all times  or

to get a renewal must have a health policy covering 100,000 Bht as an outpatient & 1mil as an in patient, There Done. Taken the strain off the Thai healthcare system in one foul swoop.

Make sure that all the old farangs at least pay their way

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2 minutes ago, Bangkok Barry said:

 

Trolling again. Sorry, not biting today ????

There were many paths you could have chosen.  You chose one that did not work out well with the drop in the value of the pound.  Not my fault nor Thailand's fault.  How on earth is pointing that out trolling?  Are you expecting sympathy?  I put my money in a Thai bank 15 years ago if it had crashed I would move back to America and admit I messed up. 

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10 minutes ago, marcusarelus said:

There were many paths you could have chosen.  You chose one that did not work out well with the drop in the value of the pound.  Not my fault nor Thailand's fault.  How on earth is pointing that out trolling?  Are you expecting sympathy?  I put my money in a Thai bank 15 years ago if it had crashed I would move back to America and admit I messed up. 

 

I guess you don't have a Thai family here then. Where did I write that it didn't work out well? I'm perfectly comfortable, actually.

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1 hour ago, Searat7 said:

Many of us already pay tax on much or most of our Social Security income in USA 

Yes, it is certainly counted as taxable income. So the tax you pay is dependent on your tax bracket. If your income is low enough, you pay no taxes at all.

 

Approximately, 46% of Americans pay no federal or state income tax. These are basically poverty level folks but also includes people who may have significant savings but very low incomes, such as retired people.

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2 hours ago, Bangkok Barry said:

 

I guess you don't have a Thai family here then. Where did I write that it didn't work out well? I'm perfectly comfortable, actually.

You wrote, "What nonsense. Many, many expats have Thai family and can't leave without tearing their wife away from her family. How is that simple"

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