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Economy Thailand Plans 10-Year Tourist Visa and 99-Year Land Lease to Boost Economy
Lol at ALL you people that think this is about YOU. It's ALL about setting things up for the CHINESE to come here on 10 year visas and lease large plots of GOVERNMENT LAND to set up businesses in Thailand. Read the article. So that Chinese companies can lease gov't land to build condos, factories and casinos (and other things like say "land bridges" to cross Chumpon and Ranong provinces to shorten shipping times for Chinese goods heading to Europe). You know, the SAME Chinese that leased nearly 20% of Cambodia's entire coastline - on a 99 year lease - and then built a self-contained airbase with it's support base, disguised as a - resort with hotels, office facilities, restaurants and - casinos. It also has it's own power generations, water plants and waste treatment plants, to go with the military grade airbase they built but called an "airport" meant to ferry in Chinese tourists directly to the resort.) The Chinese also built 2 new airports, one outside of Siem Reap and one outside of Phnom Penh - on 55 year leases that let them own, operate and profit from those airports for 55 years before handing over what's left of them to the Cambodians. And guess where Thailand will get all the money to fund all the projects that the Chinese will be hired to build for them ? Yeah, from China. Turning Thailand into just another puppet state through the "Belt and Road" initiative where China lends poor countries almost limitless amounts of money that they can't ever hope to repay, to finance major infrastucture projects (dams, railways, airports, power plants, toll highways and bridges, land bridges) and to make major military procurements (like fighter jets and submarines). And after they are massively indebted to China, they literally have to do whatever Beijing tells them to do. Just like Cambodia. And Laos. And Myanmar. And Sri Lanka. China is doing the same thing in Pakistan, trying to get their hooks into Afghanistan and they've apparently convinced Djibouti in East Africa to let them build a "dual use" base. Interesting because Djibouti sits on the West side of the narrow strait that separates the Red Sea from the Gulf of Aden and that is where ALL the shipping traffic using the Suez Canal has to pass by one way or the other. (Probably also why the US has a base there as well.) But keep dreaming that they are doing all those regulation changes with a couple thousand white haired pensioners from Western countries in mind. I'm sure they'll get a laugh out of that. -
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Economy Thailand Plans 10-Year Tourist Visa and 99-Year Land Lease to Boost Economy
10 year tourist visa with working opportunities... Retired people are even not allowed to do volunteer jobs as a workpermit is always needed. Now it could be on a tourist visa?? Backpackers came many years ago and they found a job an worked and spend their earnings on holidays here in Thailand, but after the coup the visa rules were changed and the backpackers stayed away and the economy started to decline...as with these rules also the people who had to do border runs for staying in Thailand were not allowed anymore to do so only for a stay of max 90m days.. Many foreigners with a small restaurant or shop went out of the country and the partners and their families lost that income.. And now a 10 year tourist visa?? for staying how long? 90 days in 180 days?? so that they can stay exact 180 days and have to pay tax here? and with no other rights as they are just tourists?? It will not work -
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Thai tax tangle: Expats warned of new rules on overseas income
Do you seriously believe wealthy Thais will pay their fair tax share (meaning at 35% marginal rate) at some point in Thailand? With the current PIT rates, worldwide taxation will never happen in Thailand or, if it does, it will come along tax exemptions and other creative workarounds for the big cats. -
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Report Foreign Earnings Taxed Under New Thai Rules - But With Exceptions
The article appears to be suggesting that non-resident Thais can now repatriate money to Thailand without paying the tax if sent in that year etc. This seems baffling, because I assumed that non-resident Thais would not pay anyway. Can somebody clear this up? -
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Economy Thailand Plans 10-Year Tourist Visa and 99-Year Land Lease to Boost Economy
One week they're re-visiting the 60 day visa exempt entry, linking it to behaviour problems and suggesting that people are working on such entries, the next week they're considering 10 year tourist visas. Thailand, Land of Flip Flops.- 1
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