20 minutes ago, scottiejohn said:

 

Which one is it, PR which now according to you is not a good deal or just staying as you are on  a 1900BHT/year extension?

 

As a matter of interest which visa extension are you on since you have said earlier that you are not retired?

All complete cobblers. We all know that Batty-Boy Bob’s wallet is tighter than a Scotsman’s arse during a wedgie. No chance he’s coughing up the dosh for a proper PR permit, he’d much rather ‘blow’ that money on ladyboys instead.

34 minutes ago, Ben Zioner said:

If a modest 4 million Baht is "phenomenal" what would be E. Musk's ? Funny...

 

The Thai IT is grossly progressive for lower and medium incomes while lenient for the rich, with a marginal rate at 35%.

How much tax would a person pay in Thailand on THB 4M income?

No Bob, it doesn't bother me. I've never really felt the need to belong. The ability to get a longer-term visa would help to make life here a little simpler and easier, but I don't need permanent residency. 

14 minutes ago, spidermike007 said:

No Bob, it doesn't bother me. I've never really felt the need to belong. The ability to get a longer-term visa would help to make life here a little simpler and easier, but I don't need permanent residency. 

Yep, a 3-5 year retirement visa would be enough. 

5 hours ago, black tabby12345 said:

You want to be a Permanent Resident of Thailand as a retiree?

I have heard that it was almost impossible for old non-working foreigners, after some time; even though it used to be possible(until earlier 21st century).

 

Since then, the hurdle has been quite high to get one.

Must have: Work Permit, and minimum monthly labor income THB100000-(or more) on regular basis.

In other words, need to demonstrate your active contribution to Thai economy.

 

That's all what I have heard about(from a couple of reliable sources, including immigration law office) by now.

 

I have never become interested in getting one.

One Year Renewable Retirement O is just enough to me...

Never heard it was possible unless working in Thailand.

 

It's more likely they will allow retirees to quality in the future, as Thailand and the rest of the world is forced to open up to more foreigners, it almost becomes inevitable, eventually at least. 

1 hour ago, NoDisplayName said:

LTR or Elite would be a better deal.

 

 

As usual on this forum, those who are so adamant on the disadvantages of PR tend to be those who don't meet the criteria for PR.

1 hour ago, Dewey said:

There is 2 way you can lose your PR, if you commit a crime or if you go out of the country without the re-entry stamp (4.5k a year for multiple) in your passport (200k down the drain).

 

Right, that was it I think, I remember telling him that it didn't seem very permanent and the whole thing seems a little unfair, a simple thing like forgetting a re-entry permit and that's it - back to being a tourist with a 60 day stamp.
 

If I was forced to pay tax on my transfers, yes it would bother me. Paying tax for nothing!

I've always heard that it is a requirement to have paid tax on income from work in Thailand for at least 3 years before applying! A bit difficult when you're retired 🤔even if your income is high enough and pay taxes here otherwise, I would have applied for PR years ago. Is the requirement changed?

Felt

16 minutes ago, jayboy said:

 

 

As usual on this forum, those who are so adamant on the disadvantages of PR tend to be those who don't meet the criteria for PR.

 

What does that even mean?

 

No interest in Thai PR whatsoever.  Lotsa hoops to jump through, too much time and trouble, costs as much as the fancy-pants visas, and not really that stable, as it can be lost easily.  No intention of spending years debasing myself before minor officials to receive a certificate of third-world quality assurance. 

 

I'm a tourist.  I neither want nor need PR.  Simple as that.

1 hour ago, worgeordie said:

Visa extension takes all of 1.5 hours a Year  , 90 days I do online ,maybe 10 mins,

Thai Immigration very good they even email you when its due ,

 

regards worgeordie

....don't you feel at all dehumanized by having to check in with immigration every 90 days, like some sort of criminal?

 

think about it......

3 minutes ago, Elvis Presley said:

....don't you feel at all dehumanized by having to check in with immigration every 90 days, like some sort of criminal?

 

think about it......

I have thought about it ,...and it means nothing to me ,lots more important things going on , as I say

does not take more than 10 mins , and I am not a criminal and therefore don't think like one ,it's all

good Bob , 

 

regards worgeordie

7 minutes ago, worgeordie said:

I have thought about it ,...and it means nothing to me ,lots more important things going on , as I say

does not take more than 10 mins , and I am not a criminal and therefore don't think like one ,it's all

good Bob , 

 

regards worgeordie

I think you have totally missed the point, but you do you...

 

I will enjoy my PR status and you keep on enjoying your 90 day reports and annual extensions!

 

regards,

Elvis from Tupelo.

1 hour ago, KannikaP said:

How much tax would a person pay in Thailand on THB 4M income?

As I said, somewhere between 800k to 900k.

2 hours ago, Dewey said:

Got my PR last year (with work not marriage) and yes, they will try to discourage you as much as possible (officer rude AF, asking different documents every time you go) but after almost 2 years process I got it without paying a single bribe (you can secure your PR with an agent but it will cost you double).

 

There is 2 way you can lose your PR, if you commit a crime or if you go out of the country without the re-entry stamp (4.5k a year for multiple) in your passport (200k down the drain).

Don't need a reentry stamp with the LTR, this post convinces me that the LTR is the better deal. Ok I don't have the choice because the "marriage" PR is one of those many Thai hypocrisies males must still have 3 years of work permits.

6 hours ago, Elvis Presley said:

I am Elvis from Tupelo.

Of course you are! 

Bob.

2 hours ago, Ben Zioner said:

If a modest 4 million Baht is "phenomenal" what would be E. Musk's ? Funny...

 

The Thai IT is grossly progressive for lower and medium incomes while lenient for the rich, with a marginal rate at 35%.

 

Since 4 million earnings attracts 800K in Tax, and you said you save 800K, do permanent resident not pay tax?

4 minutes ago, Ben Zioner said:

Don't need a reentry stamp with the LTR, this post convinces me that the LTR is the better deal. Ok I don't have the choice because the "marriage" PR is one of those many Thai hypocrisies males must still have 3 years of work permits.

 

So you don't have permanent residence, but a LTR visa? Not same because LTR visa expires as far as I'm aware

8 minutes ago, CallumWK said:

 

Since 4 million earnings attracts 800K in Tax, and you said you save 800K, do permanent resident not pay tax?

No I said I have LTR. And believe LTR gives PR a run for my money.

18 minutes ago, Elvis Presley said:

I think you have totally missed the point, but you do you...

 

I will enjoy my PR status and you keep on enjoying your 90 day reports and annual extensions!

 

regards,

Elvis from Tupelo.

Oh, look at me, I am so much better off than you poor peons with 90 day reports and yearly extensions.

 

IMO people who post this kind of tosh are as shallow as a mud puddle.

 

Do you enjoy being so insecure?

1 minute ago, Ben Zioner said:

No I said I have LTR. And believe LTR gives PR a run for my money.

 

So pay no tax, is that on money earned in Thailand, or remitted funds?

7 minutes ago, CallumWK said:

Not same because LTR visa expires as far as I'm aware

Yes, but if you read my early post you'd see that I have factored in my life expectancy. For me 10 years is permanent.

6 minutes ago, CallumWK said:

 

So pay no tax, is that on money earned in Thailand, or remitted funds?

Foreign income. But there is an LTR for "Highly Skilled Workers" that allows a flat IT rate of 17%.

Just now, Ben Zioner said:

Foreign income. But there is an LTR for "Highly Skilled Workers" that allow a flat IT rate of 17%.

 

Thanks, think I should take a look at the requirements for such a visa

2 minutes ago, CallumWK said:

 

Thanks, think I should take a look at the requirements for such a visa

https://ltr.boi.go.th/

9 minutes ago, Lacessit said:

Do you enjoy being so insecure?

....do you enjoy doing 90 day reports and annual extensions, complete with bedroom photos and home visits??

I consider lack of residence security THE major downside of retiring in Thailand on retirement extensions. However, I knew about it before I moved here although I didn't realize how I was going to feel about that years later. That's a huge difference! Knowing the fact vs. knowing how you will eventually FEEL about it. So "bothering" me doesn't really apply but more like resigned to this negative reality. I would recommend that new people look much more closely at other countries that do offer lifetime residence via retirement though before they become heavily invested in living in Thailand. For example, Philippines, Mexico, Uruguay, Colombia, Panama, Portugal, etc. Imagine being 80 years old after living in Thailand for 30 years with no home to go back to and being booted out because the one year extension rules change on you,etc. Grim and brutal. 

29 minutes ago, Elvis Presley said:

....do you enjoy doing 90 day reports and annual extensions, complete with bedroom photos and home visits??

They are just a couple of bits of bureaucracy I negotiate without getting stressed about it.

 

There are no bedroom photos or home visits, I am not married to a Thai.

22 minutes ago, Jingthing said:

I consider lack of residence security THE major downside of retiring in Thailand on retirement extensions. However, I knew about it before I moved here although I didn't realize how I was going to feel about that years later. That's a huge difference! Knowing the fact vs. knowing how you will eventually FEEL about it. So "bothering" me doesn't really apply but more like resigned to this negative reality. I would recommend that new people look much more closely at other countries that do offer lifetime residence via retirement though before they become heavily invested in living in Thailand. For example, Philippines, Mexico, Uruguay, Colombia, Panama, Portugal, etc. Imagine being 80 years old after living in Thailand for 30 years with no home to go back to and being booted out because the one year extension rules change on you,etc. Grim and brutal. 

Some excellent point there mate. 

1 hour ago, NoDisplayName said:

 

What does that even mean?

 

No interest in Thai PR whatsoever.  Lotsa hoops to jump through, too much time and trouble, costs as much as the fancy-pants visas, and not really that stable, as it can be lost easily.  No intention of spending years debasing myself before minor officials to receive a certificate of third-world quality assurance. 

 

I'm a tourist.  I neither want nor need PR.  Simple as that.

 

 

And thus my point is proved.