Popular Post Airwolf Posted June 8, 2024 Popular Post Posted June 8, 2024 Like, access to public healthcare, public schools for kids, voting rights, pathway to citizenship.... or anything? Or, do you pretty much have the same rights as a tourist or ED visa holder? 1 12
Lorry Posted June 8, 2024 Posted June 8, 2024 You can apply the DTA to the taxes you pay in your home country. Depending on individual circumstances, this may save you money. 1 1
Popular Post Celsius Posted June 8, 2024 Popular Post Posted June 8, 2024 1 hour ago, Airwolf said: Or, do you pretty much have the same rights as a tourist Tourist doesn't have to do 90 day report so worse than tourist 3 2
Liquorice Posted June 8, 2024 Posted June 8, 2024 1 hour ago, Airwolf said: Like, access to public healthcare, public schools for kids, voting rights, pathway to citizenship.... or anything? You have access to public healthcare and public schools, but not free. Voting rights - No. Pathway to citizenship - If you work, pay taxes and learn the language, possibly. 2 2
Popular Post Sheryl Posted June 8, 2024 Popular Post Posted June 8, 2024 No. No difference to a non-tax residence. 1 7
Popular Post Muhendis Posted June 9, 2024 Popular Post Posted June 9, 2024 As always, it's "you give, they take". 1 1 5
Andyfez Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 10:31 PM, Liquorice said: You have access to public healthcare and public schools, but not free. Voting rights - No. Pathway to citizenship - If you work, pay taxes and learn the language, possibly. Citizenship? In almost all circumstances you have to produce a marriage certificate? 1
FritsSikkink Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 10:22 PM, Celsius said: Tourist doesn't have to do 90 day report so worse than tourist Tourist can't stay here all year round.
ChaiyaTH Posted June 10, 2024 Posted June 10, 2024 33 minutes ago, FritsSikkink said: Tourist can't stay here all year round. They can, just not many people who have the luxury of money and time to do so. 2
Caldera Posted June 10, 2024 Posted June 10, 2024 Well potentially and depending on where you are a tax resident now, becoming a tax resident of Thailand instead could well be beneficial. Other than that? I don't think so. 1 1
lordgrinz Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 8:33 PM, Airwolf said: Like, access to public healthcare, public schools for kids, voting rights, pathway to citizenship.... or anything? Or, do you pretty much have the same rights as a tourist or ED visa holder? You are a publicly accessible ATM, you receive nothing in compensation for paying tax here. Your money is all they care about, if they could get you to land at the airport, hand over all your money, then make you leave on the next flight.....they would. 1 1
huyuli Posted June 10, 2024 Posted June 10, 2024 Was a tax resident from 2001 to 2014. Same benefits as tourist.
Guderian Posted June 10, 2024 Posted June 10, 2024 None. You still can't even legally own a square foot of Thai land to accommodate the pot that you p*ss in! lol 1
Digitalbanana Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 8:33 PM, Airwolf said: ... or anything? You'll be able to feel smug about contributing to building a better infrastructure for the country, less the amounts siphoned off in brown envelopes of course. 1 1
Popular Post BKKKevin Posted June 10, 2024 Popular Post Posted June 10, 2024 As a foreign tax resident you get special pricing when entering National Parks... 😘 1 2
Popular Post foreverlomsak Posted June 10, 2024 Popular Post Posted June 10, 2024 1 hour ago, Caldera said: Well potentially and depending on where you are a tax resident now, becoming a tax resident of Thailand instead could well be beneficial. Maybe not, I believe most DTA's are written on the basis of "should not pay more through double taxation" but should also not necessarily pay less, or should pay whichever is the highest. 1 2 1
foreverlomsak Posted June 10, 2024 Posted June 10, 2024 34 minutes ago, BKKKevin said: As a foreign tax resident you get special pricing when entering National Parks... 😘 probably even higher 1 1
Popular Post NoDisplayName Posted June 10, 2024 Popular Post Posted June 10, 2024 1 hour ago, Digitalbanana said: You'll be able to feel smug about contributing to building a better infrastructure for the country, less the amounts siphoned off in brown envelopes of course. Will this be like contributing to upgrades at the local temple, where your name will be inscribed on a roof tile or pillar depending on the size of the donation? I'm just a little fish, so I wouldn't have the honor of having my name engraved on the back of a government official's new watch, but perhaps my small contribution would merit my name memorialized for posteriorty on the underside of a submarine toilet seat. 3
nickmondo Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 8:33 PM, Airwolf said: Like, access to public healthcare, public schools for kids, voting rights, pathway to citizenship.... or anything? Or, do you pretty much have the same rights as a tourist or ED visa holder? of course not. remember where you are mate. 1
novacova Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 8:33 PM, Airwolf said: Are there any benefits/perks to being a tax resident? Yes of course, you get the luxury of paying taxes. 1
khunPer Posted June 10, 2024 Posted June 10, 2024 On 6/8/2024 at 3:33 PM, Airwolf said: Like, access to public healthcare, public schools for kids, voting rights, pathway to citizenship.... or anything? Or, do you pretty much have the same rights as a tourist or ED visa holder? As a tax resident you won't get access to public healthcare, public schools for kids or voting rights. Weather you like it or not, you are tax-resident whenever you stay 180 days or more in Thailand – and most other countries. You might not get any benefits from being a tax payer, apart from giving your "reasonable" share to the common society... Being tax resident in Thailand instead of your home country can however have benefits, depending from where you originates and a Double Taxation Agreement between your home country and Thailand. In my Scandinavian case it's a benefit being tax resident in Thailand instead of my home country... 1
zzzzz Posted June 10, 2024 Posted June 10, 2024 one would hope that as a tax payer ( unlike most of the thai's that dont pay) you could access the government hospital for less baht than a non tax payer Unfortunately NOPE 1
DiDiChok Posted June 10, 2024 Posted June 10, 2024 I can think of one benefit. You'd be able to get the "Witholding tax" of 15% on your savings account back as the interest would very likely be under the minimum earnings of ฿160,000 a year to pay tax. Whether it would be enough to offset the costs involved in getting the Tax ID and card is anybody's guess. I paid a whopping ฿32.11 last financial year equivalent to £0.73p which was duly declared to HMRC by my accountant. It cost a lot more than that to declare it to the anal retentive UK Inland Revenue who are most concerned about money earnt abroad.
vibration Posted June 10, 2024 Posted June 10, 2024 I am tax resident here and in Norway and because of the double taxation agreement I get all tax that I have paid on my Norwegian pensions paid back to me and its all legal. So in my situation it is very beneficial for me to be tax resident here.
Galong Posted June 10, 2024 Posted June 10, 2024 It's cute how they're claiming this isn't targeted at expats, yet none of my Thai friends know anything about this new enforcement or care because they know they're not going to be affected. Also, it's pretty rich having the elite preach about inequality in the kingdom when they are the cause of it. 🤦♂️
purcho Posted June 10, 2024 Posted June 10, 2024 2 hours ago, DiDiChok said: I can think of one benefit. You'd be able to get the "Witholding tax" of 15% on your savings account back as the interest would very likely be under the minimum earnings of ฿160,000 a year to pay tax. Whether it would be enough to offset the costs involved in getting the Tax ID and card is anybody's guess. I paid a whopping ฿32.11 last financial year equivalent to £0.73p which was duly declared to HMRC by my accountant. It cost a lot more than that to declare it to the anal retentive UK Inland Revenue who are most concerned about money earnt abroad. There are no costs to getting a Tax number from the TRD and it is a simple exercise which can be done in person or online . Took me 25 / 30 mine at an office in the outer Chiang Mai suburbs. All info is on their website in Thai and English including form # 91 which you must fill in to get registered , 1
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