I am leaving Thailand - yes taxes!!!

[KhunLA]

17 minutes ago, Lacessit said:

IMO you may not have the numbers right. Assuming, of course, you are transferring post 2023 income, and not savings.

 

Over 70, married to a Thai, 600K baht of transferred money is tax exempt.

 

If you transfer 800K per year, 200K is taxable at 15%.

 

That's 30K baht/year, 2500 baht/month.

How do you figure that ?

 

800k - 60k = 740k @ 15% if no other deductions, as my example, most negative scenario, for a single person.   

 

Married folks, as I stated, especially if having kids, would haven't much if any taxable.

[Lacessit]

2 hours ago, Airalee said:

I pay for my healthcare at a private hospital.  It is not subsidized by the government.

 

The infrastructure is crap.  The roads are crap.  I barely drive and instead use taxis.

 

What you wrote was nonsense.   But to be expected from a leftist such as yourself.

 

I’m quite content to have Thailand as a temporary residence from now on.  It’s not worth hundreds of thousands of baht annually in taxes to live there full time.

 

Thanks, but no thanks.

The roads in Chiang Rai are fine. There is a very good government hospital, three or four private hospitals. Three shopping malls, a large day market. Perhaps you are living in the wrong part of Thailand.

 

You use the term leftist as approbrium.

 

Here's a news flash - leftist governments in Australia brought in universal healthcare, subsidized medicines, the Fair Work Commission, and the Austraiian Consumer and Competition Commission.

 

It's nothing like the dog-eat-dog cluster###k that America has, where its citizens are conditioned from birth to regard "left" as inherently evil.

[Lacessit]

17 minutes ago, KhunLA said:

How do you figure that ?

 

800k - 60k = 740k @ 15% if no other deductions, as my example, most negative scenario, for a single person.   

 

Married folks, as I stated, especially if having kids, would haven't much if any taxable.

It's not 60K in tax exemptions, it's 600K. For a single person over 70, IIRC it is about 300k. The first 150k of transfers is tax exempt.

 

I have no idea where you got the 60K figure from.

 

 

[KhunLA]

31 minutes ago, Lacessit said:

It's not 60K in tax exemptions, it's 600K.

Don't know where you are getting 600k exemptions from.

 

I did forget about the first 150k is exempt, so that would be 210k (150 + 60).

 

Of course if 65 +, then another 190k exempt.

 

My #s are for single person 50-64 on visa for retirement, with no deductions.  Most negative scenario. 

 

 

 

300k (150k) @ 5% = 7,500

next 200 @ 10% = 20,000

next 90k @ 15% = 13,500

Total ฿41,000

 

That's not worth leaving for.

 

 

Taxes definitely aren't an issue.

Worse case scenario of ฿41,000 

[Lacessit]

5 minutes ago, KhunLA said:

Don't know where you are getting 600k exemptions from.

 

I did forget about the first 150k is exempt, so that would be 210k (150 + 60).

 

So 800 - 210 = 590k @ 15% still.

฿88,500 tax due on 590k

 

Of course if 65 +, then another 190k exempt.

 

My #s are for single person 50-64 on visa for retirement, with no deductions.  Most negative scenario. 

 

 

IIRC the 600K in deductions was posted on another thread, and included married to a Thai. Possibly it's over-optimistic.

 

I am tax exempt for 250K. My living expenses per year average about 650K.

 

I have been too conservative in my own calculations. My pre-2024 savings with the allowance will last ten years. Meantime, pension and investment income accumulate in an Australian bank.

 

[KhunLA]

1 minute ago, Lacessit said:

IIRC the 600K in deductions was posted on another thread, and included married to a Thai. Possibly it's over-optimistic.

 

I am tax exempt for 250K. My living expenses per year average about 650K.

 

I have been too conservative in my own calculations. My pre-2024 savings with the allowance will last ten years. Meantime, pension and investment income accumulate in an Australian bank.

 

Again ... mine #s base on single person, no deductions, age 50-64, on visa for retirement, bringing in ฿800k income

 

Myself also, if having taxable income, would be exempt for 60k+60k+150k+190k=460k, plus another 30% deductible, due to her retirement funds.  Don't have any other deductions, I don't think.

 

Wouldn't leave much, if any taxable income, if our income was even taxable, which none of it is.

[Airalee]

47 minutes ago, Lacessit said:

The roads in Chiang Rai are fine. There is a very good government hospital, three or four private hospitals. Three shopping malls, a large day market. Perhaps you are living in the wrong part of Thailand.

 

You use the term leftist as approbrium.

 

Here's a news flash - leftist governments in Australia brought in universal healthcare, subsidized medicines, the Fair Work Commission, and the Austraiian Consumer and Competition Commission.

 

It's nothing like the dog-eat-dog cluster###k that America has, where its citizens are conditioned from birth to regard "left" as inherently evil.

Only a leftist would post pablum such as this…

 

“So you have never  used or benefited from the Thai transportation infrastructure? You know, the airports, roads, BTS, SRT and domestic airlines?

You may have not had to use the services of  the Thai healthcare, fire or police services but they are all there and will benefit you if you need them.

The people who service your demands at the retailers, government offices, restuarants, hotels et al all have to be educated  and assisted like any other nation does.

The cost to deliver the electricity and water you receive and use are not covered by the user fees. It's the government that pays for the dams and electricity and water delivery network.”

 

When I take a taxi, I am paying for the service of a private company.   The same goes for the BTS as it is mostly privately owned and operated by BTS group holdings.  
 

When I need healthcare here in Thailand, I pay for it.  The few times I have used it at a government hospital, I still had to pay for it….and more than a Thai person would have to pay.   The “special after hours clinic” at Chulalongkorn Hospital is actually more expensive than the private hospital I usually go to.  
 

When I go to a public park, I have to pay for it.  Ten times as much as a Thai.

 

When I take a trip on a plane, I pay airport taxes.  Sometimes, the taxes are higher than the fare.

 

When I go to a restaurant or a hotel, I pay for it.  The fact that people who work there were educated somehow in the past does not mean that I should be paying extra taxes for the privilege of buying something from a private company.   
 

All of Patongs assertions are indeed extremely leftist and dishonest.

 

If I am expected to have a certain amount of money here (800k) to live in order to show that I can take care of myself  and not be a burden on the government.  That is fine.

 

But to expect me to pay more taxes, and stating that it is my responsibility to pay these as part of the social construct, then I do not think it is unreasonable to expect the same benefits that Thais would receive from paying these taxes.

 

The Thai government can’t expect us to pay taxes while still benefitting from different  Thai/foreign prices.   That is crap.

 

[Airalee]

47 minutes ago, KhunLA said:

Don't know where you are getting 600k exemptions from.

 

I did forget about the first 150k is exempt, so that would be 210k (150 + 60).

 

Of course if 65 +, then another 190k exempt.

 

My #s are for single person 50-64 on visa for retirement, with no deductions.  Most negative scenario. 

 

 

 

300k (150k) @ 5% = 7,500

next 200 @ 10% = 20,000

next 90k @ 15% = 13,500

Total ฿41,000

 

That's not worth leaving for.

 

 

Taxes definitely aren't an issue.

Worse case scenario of ฿41,000 

Now run those figures on double the amount (1.6 million) for not married, under 65 with half the income being from long term capital gains.  
 

I thought about transferring $100k USD to use as an emergency fund for healthcare.  I would sell off a small amount of stocks to get part of that $100k so most of my income for that year would be long term capital gains back in the US (Nevada).

 

Here is the chart showing the federal capital gains tax brackets for 2025

 

Tell me that it’s not worth bouncing out of Thailand for 6 months when those amounts are involved.

 

But there are a lot of people who seem to be angry about that and want to give me some kind of lecture about choosing to limit my time in Thailand.  
 

Why should they care what I do?  Why should they even address what choices I make?   Jealousy perhaps?

 

 

 

 

[couchpotato]

2 minutes ago, Lacessit said:

It's not 60K in tax exemptions, it's 600K.

Please explain your 600k breakdown

[couchpotato]

3 minutes ago, couchpotato said:

Please explain your 600k breakdown

Sorry bit late on my post..explained above, but of course not 600k.

[Ralf001]

10 hours ago, Celsius said:

I know already ... no need to announce my departure. Hear me out!!!!

 

I was chatting with my friend from Serbia who came to visit, and she basically looked at me like I was an idiot and asked, "Why on earth are you declaring your Toronto condo rental to Canada?!" (And that was just the tip of the iceberg.) She was like, "Why bother filing taxes in Canada when you don’t even live there?!" It was a rapid-fire "Why this?" and "Why that?" like I had just invented a new form of self-sabotage.

 

Then I realized I'm surrounded by the same woke individuals who are desperately scrambling to file a tax return here in Thailand out of all places.

 

I hope Thailand implements 8 million baht retirement extension and 15 day report. You deserve it.

 

I'm out and I'll be watching that door thanx in advance.

 

 

 

Need a tissue to dry your eye ?

[bkk6060]

4 hours ago, Airalee said:

 

 

I’m quite enjoying Danang this year however 😁

Is it worth not paying taxes to be there?  

What is the girl scene like?

[Airalee]

8 minutes ago, bkk6060 said:

Is it worth not paying taxes to be there?  

What is the girl scene like?

I’m here with my Thai girlfriend so the girl scene is great as far as I’m concerned.

 

For single men, I couldn’t really tell you although the women here haven’t ballooned out like people seem to complain about the Thai women doing.

[couchpotato]

10 hours ago, Celsius said:

 

It is. It's not your country. You have zero rights and zero say. It all started with those retarded hippies complaining about 7/11 bags.

 

Enjoy more paperwork for literally nothing.

 

Fortunately what I think is happening is that all the woke wokensteins have actually moved out of Canada to spread their gospel. It might be a decent place to live now.

Probably not, if you are going back..just saying!

[Elkski]

I heard a couple rodbits about the US IRS recently.   Audits of the super wealthy are down like 80% and regular folks down only 30% . 

The top 1% earners  tax avoidance is 33% of the total avoidance. 

If this topic is still so confusing for those of you who face it there is no reason for me to worry about it in case we decide to move from USA.  Hey maybe in 4 years the Gulf of Thailand will have a new name.  Lol.  

[Lacessit]

1 hour ago, Airalee said:

Only a leftist would post pablum such as this…

 

 

“So you have never  used or benefited from the Thai transportation infrastructure? You know, the airports, roads, BTS, SRT and domestic airlines?

You may have not had to use the services of  the Thai healthcare, fire or police services but they are all there and will benefit you if you need them.

The people who service your demands at the retailers, government offices, restuarants, hotels et al all have to be educated  and assisted like any other nation does.

The cost to deliver the electricity and water you receive and use are not covered by the user fees. It's the government that pays for the dams and electricity and water delivery network.”

 

When I take a taxi, I am paying for the service of a private company.   The same goes for the BTS as it is mostly privately owned and operated by BTS group holdings.  
 

When I need healthcare here in Thailand, I pay for it.  The few times I have used it at a government hospital, I still had to pay for it….and more than a Thai person would have to pay.   The “special after hours clinic” at Chulalongkorn Hospital is actually more expensive than the private hospital I usually go to.  
 

When I go to a public park, I have to pay for it.  Ten times as much as a Thai.

 

When I take a trip on a plane, I pay airport taxes.  Sometimes, the taxes are higher than the fare.

 

When I go to a restaurant or a hotel, I pay for it.  The fact that people who work there were educated somehow in the past does not mean that I should be paying extra taxes for the privilege of buying something from a private company.   
 

All of Patongs assertions are indeed extremely leftist and dishonest.

 

If I am expected to have a certain amount of money here (800k) to live in order to show that I can take care of myself  and not be a burden on the government.  That is fine.

 

But to expect me to pay more taxes, and stating that it is my responsibility to pay these as part of the social construct, then I do not think it is unreasonable to expect the same benefits that Thais would receive from paying these taxes.

 

The Thai government can’t expect us to pay taxes while still benefitting from different  Thai/foreign prices.   That is crap.

 

You just can't be polite when someone disagrees with you. You also respond to factual posts with nothing but abuse. It's called argument ad hominem.

 

The tax thing is way overblown. based on my own situation. I won't be paying taxes here for at least ten years. IMO many other retirees will find their situation is similar.

 

My experience with Thai government hospitals has been better than I could expect in Australia.

 

If you don't like it here, go back to whatever country you came from. I for one won't miss you at all.

[Will B Good]

1 hour ago, Airalee said:

Only a leftist would post pablum such as this…

 

 

“So you have never  used or benefited from the Thai transportation infrastructure? You know, the airports, roads, BTS, SRT and domestic airlines?

You may have not had to use the services of  the Thai healthcare, fire or police services but they are all there and will benefit you if you need them.

The people who service your demands at the retailers, government offices, restuarants, hotels et al all have to be educated  and assisted like any other nation does.

The cost to deliver the electricity and water you receive and use are not covered by the user fees. It's the government that pays for the dams and electricity and water delivery network.”

 

When I take a taxi, I am paying for the service of a private company.   The same goes for the BTS as it is mostly privately owned and operated by BTS group holdings.  
 

When I need healthcare here in Thailand, I pay for it.  The few times I have used it at a government hospital, I still had to pay for it….and more than a Thai person would have to pay.   The “special after hours clinic” at Chulalongkorn Hospital is actually more expensive than the private hospital I usually go to.  
 

When I go to a public park, I have to pay for it.  Ten times as much as a Thai.

 

When I take a trip on a plane, I pay airport taxes.  Sometimes, the taxes are higher than the fare.

 

When I go to a restaurant or a hotel, I pay for it.  The fact that people who work there were educated somehow in the past does not mean that I should be paying extra taxes for the privilege of buying something from a private company.   
 

All of Patongs assertions are indeed extremely leftist and dishonest.

 

If I am expected to have a certain amount of money here (800k) to live in order to show that I can take care of myself  and not be a burden on the government.  That is fine.

 

But to expect me to pay more taxes, and stating that it is my responsibility to pay these as part of the social construct, then I do not think it is unreasonable to expect the same benefits that Thais would receive from paying these taxes.

 

The Thai government can’t expect us to pay taxes while still benefitting from different  Thai/foreign prices.   That is crap.

 

Pabulum 

[Airalee]

12 minutes ago, Lacessit said:

You just can't be polite when someone disagrees with you. You also respond to factual posts with nothing but abuse. It's called argument ad hominem.

 

The tax thing is way overblown. based on my own situation. I won't be paying taxes here for at least ten years. IMO many other retirees will find their situation is similar.

 

My experience with Thai government hospitals has been better than I could expect in Australia.

 

If you don't like it here, go back to whatever country you came from. I for one won't miss you at all.

Lol

 

pot, kettle

[KhunLA]

3 hours ago, Airalee said:

Now run those figures on double the amount (1.6 million) for not married, under 65 with half the income being from long term capital gains.  
 

I thought about transferring $100k USD to use as an emergency fund for healthcare.  I would sell off a small amount of stocks to get part of that $100k so most of my income for that year would be long term capital gains back in the US (Nevada).

 

Here is the chart showing the federal capital gains tax brackets for 2025

 

Tell me that it’s not worth bouncing out of Thailand for 6 months when those amounts are involved.

 

But there are a lot of people who seem to be angry about that and want to give me some kind of lecture about choosing to limit my time in Thailand.  
 

Why should they care what I do?  Why should they even address what choices I make?   Jealousy perhaps?

 

 

 

 

I guess you should have brought that in last month.  Not like people didn't have plenty of warning.

 

 

[Airalee]

10 minutes ago, KhunLA said:

I guess you should have brought that in last month.  Not like people didn't have plenty of warning.

 

 

Don’t you mean 2023?  
 

Last month was 2024 and people are expected to file tax returns on remittances in 2024.

 

We didn’t know about this in 2023.

[thaibeachlovers]

Bye bye. Enjoy the place you didn't want to live in before.

[Celsius]

4 minutes ago, thaibeachlovers said:

Bye bye. Enjoy the place you didn't want to live in before.

 

I will be posting pictures of my amazing downtown Toronto condo.

[petermik]

5 minutes ago, Celsius said:

 

I will be posting pictures of my amazing downtown Toronto condo.

Bye and close the door on your way out......

[Celsius]

2 minutes ago, petermik said:

Bye and close the door on your way out......

 

Wow...that's hilarious 🤭

[CallumWK]

11 hours ago, Airalee said:

We didn’t know about this in 2023.

 

Oh yes we did, and there may even be earlier ones.

 

[Ralf001]

12 hours ago, Airalee said:

 

 

We didn’t know about this in 2023.

 

These "taxes" are not new, been around for many many years.

[Lacessit]

1 hour ago, Celsius said:

 

I will be posting pictures of my amazing downtown Toronto condo.

Currently 3 degrees C, you must enjoy having a frozen ball sack.

[ElwoodP]

Please keep your posts polite and civil, if you want them to remain.

[Airalee]

2 hours ago, Ralf001 said:

 

These "taxes" are not new, been around for many many years.

Ok.  It looks like the changed it to include savings as of 2024.

 

Good thing I decided to make Thailand a part time refuge.

 

It will be nice to spend more time back in the States and Vietnam

[gargamon]

Enjoy Toronto.