I’m now looking at relocating to the Philippines even though I have invested well over 20 million baht into the Kingdom . As ex military I can apply for a special visa the application costs 1,500 $ however it is refundable if you leave the Philippines on a permanent basses or if you die it is paid into your estate and as ex military my yearly renewal for the visa is 10$ on top of this my UK OAP will no longer be frozen so if I was residing there today I would be receiving £2,000 more per year that alone would help to cover a small apartment rent ! Sadly Thailand feel no longer a welcome country for foreigners looking to settle here long term . When I arrived here in 2005 it was 74 baht to the £ today it’s 43 to the £ and daily living costs have increased so much so that the average Thai struggles financially ! If the taxation comes into force then I will definitely spend my time beteen the Philippines and Thailand however as I’m a UK taxpayer there is an agreement in place that should exempt me from Thai taxes
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