Plan B Countries - Any Advice or Ideas ?

[Scouse123]

5 hours ago, henryford1958 said:

 

That could be chaotic if they add 35% to all condo prices ! Is that how it works, It you bring in 10 million to buy a condo you pay 3.5 million in tax,

 

Well, that's how it seems to read at the moment.

 

And who is going to do that if they are of sound mind?

[hotandsticky]

4 hours ago, GypsyT said:

Is there any Jomtien type beach cities in Cambodia? Clean and safe?

I read Kep is popular for weekend but how about for 3-4 months?

 

 

Sihanoukville is the the only place that comes close......but I hear the Chinese have forked that up.

 

Still if you are OK with hoardes of Russians................................

[GypsyT]

15 minutes ago, hotandsticky said:

Still if you are OK with hoardes of Russians

No problem at all. I take 100 Russians to 1 Indian...

 

[GypsyT]

Mexico baby #2.

Very good story about Cabo San Lucas;

 

https://www.yahoo.com/finance/news/did-you-say-youd-leave-the-country-if-trump-were-elected-pro-tip-its-not-easy-090022948.html

[Scouse123]

This year I was finishing building a house in the UK, this was all self funded, so I slowed down my transactions to Thailand and used funds already here to live on, that I hadn't before. This reduced my cash surplus in Thailand, as UK funds were needed for the house project.

 

I always liked a healthy balance in Thailand in my account, even though it served no benefit to me.

 

I am not saying I am going to jump on the bandwagon and go asking for a TIN number, but I have just done some quick calculations, I probably still have missed something out, but here goes:

 

I worked out I have transferred 428,000 baht only bank to bank.

 

Furthermore, I have withdrawn from ATM's but not those connected to my Thai bank.

 

This money is savings, I get no state pension (too young) or private pension.

 

Well, I am in a Long Term Relationship for 28 years, but we never married, and I pay her a salary every month but probably cannot claim for that either.

 

If I take single man's allowance of 60,000 baht, plus the 150,000 baht allowed tax-free, then add back the allowed 25,000 baht for my health insurance, that comes to 235,000 baht.

 

So worse case scenario, tax on 192,000, well, 5% of the 150-300K equates to 7,500 baht plus 10% of 42,000 equates at 4,200 baht.

 

So, the total bill would be 11,700 baht tax due. It's not worth getting in a sweat about.

 

I still think with monies transferred being savings, I have no tax due to pay, but I think this is the most I would pay if absolutely necessary.

 

I think I don't need a plan B with my houses and cars here all paid for, I will just minimize transfers here bank to bank.

 

How much would it cost me hanging around outside Thailand, in Cambodia or Vietnam, with rents, utilities, food, and spending money for 6 months of the year!

 

 

 

 

Edited 2 hours ago by Scouse123

[Scouse123]

3 hours ago, hotandsticky said:

 

 

Sihanoukville is the the only place that comes close......but I hear the Chinese have forked that up.

 

Still if you are OK with hoardes of Russians................................

 

 

Sihanoukville is ruined.

[GypsyT]

26 minutes ago, Scouse123 said:

Sihanoukville

Yes. But help is on the way (?). Hopefully.

 

https://cambodianess.com/article/end-in-sight-for-sihanoukville-unfinished-buildings

 

NEW Pattaya is coming in 5 years (unfortunately I may be dead by then):

https://cambodianess.com/article/coastal-provinces-set-to-become-economic-poles

 

 

 

Edited 1 hour ago by GypsyT