Permanent Residency System for Foreigners by October: Minister

[Pralaad]

Call me crazy but if Burma continues on this path it will leave Thailand behind.

Burma is doing everything to attract business people, money and people with skills.

Thailand doing everything to attract pensioners and people with no skills.

Sorry to bring Thailand into Burmese topic, but seems all countries in the region looking to attract the right people, only Thailand looks for ways to make it harder for the same people

I don't see what's wrong with "pensioners"...they bring and spend their pension in to Thailand, build houses,buy cars, take care families and make it possible to (often) Thai children to have a proper education and help them learnig to speak English.

Thai should think about that, make it more convenient, think about offering a health care system at reasonable cost for expats etc...etc...etc...

That is a wonderful picture of a pensioner you have painted.

Those with sufficient funds do not retire to Thailand .

There is a reason why so many whine when price of beer goes up by 5 baht.

As for healthcare, if pensioner described by you was so "sufficient" no doubt he/she could afford health insurance instead of expecting hosting country to provide affordable cheap care

Did I mention "cheap healthcare"? No, Sir, I mentioned "reasonable"...

And what is reasonable sir? Prices health insurances charge is considered reasonable by Insurance company

1000 baht fee to see specialist in private hospital is not reasonable by your standards? In my home country fee for specialist is 10 000 baht and insurance covers only 50% of that if you lucky

Root Canal in Thailand will set you back 12 000-20 000, in my home country 90 000 up. you do not think its reasonable?

[Lancelot]

Five years is not exactly permanent, but it is a good first step.

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True but its an improvement on annual extensions of stay the Thais grant.

Good to see another country interested in attracting foreigners

[Lancelot]

Pensioners are not productive and don't pay tax

good to know that the 7% tax i spend on goods and services and employing four people full time is not productive.

get a life man

Gotta agree with Nam on this one.

The average foreign pensioner pays much more in VAT tax than the average Thai worker.

A foreign pensioner is required to have a monthly pension of 65,000 THB. 7% of that sum is 4,550 baht VAT tax

Average Thai makes, say 12,000 monthly 7% of that sum is 1,050 THB

Thais earing 0 to 150,000 THB pay no income tax. Thais earning 150 to 300,000 THB pay 5% income tax.

The average foreigner pensioner pays more in VAT than the average Thai pays in VAT and income tax combined

Oceanbat, you are entitled to your own opinions but not your own facts

[ericthai]

Pensioners are not productive and don't pay tax

good to know that the 7% tax i spend on goods and services and employing four people full time is not productive.

get a life man

Gotta agree with Nam on this one.

The average foreign pensioner pays much more in VAT tax than the average Thai worker.

A foreign pensioner is required to have a monthly pension of 65,000 THB. 7% of that sum is 4,550 baht VAT tax

Average Thai makes, say 12,000 monthly 7% of that sum is 1,050 THB

Thais earing 0 to 150,000 THB pay no income tax. Thais earning 150 to 300,000 THB pay 5% income tax.

The average foreigner pensioner pays more in VAT than the average Thai pays in VAT and income tax combined

Oceanbat, you are entitled to your own opinions but not your own facts

Actually the average thai makes more around 7000-8000B a month. The highest paid worker at my factory is the plant manager who makes 15,000B a month. Everyone else makes about 7000B a few do make 12,000B but not every month they only make this with overtime. I don't believe any of them pay tax. We do pay Social Security for all of them, doesn't matter how much they make.

[Oceanbat]

Pensioners are not productive and don't pay tax

good to know that the 7% tax i spend on goods and services and employing four people full time is not productive.

get a life man

Gotta agree with Nam on this one.

The average foreign pensioner pays much more in VAT tax than the average Thai worker.

A foreign pensioner is required to have a monthly pension of 65,000 THB. 7% of that sum is 4,550 baht VAT tax

Average Thai makes, say 12,000 monthly 7% of that sum is 1,050 THB

Thais earing 0 to 150,000 THB pay no income tax. Thais earning 150 to 300,000 THB pay 5% income tax.

The average foreigner pensioner pays more in VAT than the average Thai pays in VAT and income tax combined

Oceanbat, you are entitled to your own opinions but not your own facts

They are thai. Most productive years are 35-55. When you earned the most and paid the most tax. After that you use more resources as you age. That's a fact. For most people anyway. It's not my opinion. Actuaries says it's true. I bet your insurance premiums are higher > 50. There's a reason.

OB

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[onthemoon]

Call me crazy but if Burma continues on this path it will leave Thailand behind.

Burma is doing everything to attract business people, money and people with skills.

Thailand doing everything to attract pensioners and people with no skills.

Sorry to bring Thailand into Burmese topic, but seems all countries in the region looking to attract the right people, only Thailand looks for ways to make it harder for the same people

I don't see what's wrong with "pensioners"...they bring and spend their pension in to Thailand, build houses,buy cars, take care families and make it possible to (often) Thai children to have a proper education and help them learnig to speak English.

Thai should think about that, make it more convenient, think about offering a health care system at reasonable cost for expats etc...etc...etc...

Pensioners are not productive and don't pay tax

OB

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Foreign pensioners who have their pensions transferred to Thailand will spend it here. This will create jobs at the 7-eleven, the restaurant down the road or the pub around the corner. Not to forget (often enough) the condo company where he buys or rents a condo. Cars or motorbikes anybody?

The pensioner does pay taxes: VAT and excise tax come to mind. And the holders of the jobs created may pay income tax, but also definitely pay VAT and excise taxes on the goods they can afford because the of the pensioners.

[onthemoon]

Wake up, Thailand !!!

LOS - Land Of Sleepers?

Thailand does not have the problem of some other ASEAN countries that need to attract foreigners. Foreigners are already attracted to Thailand.

[Oceanbat]

Call me crazy but if Burma continues on this path it will leave Thailand behind.

Burma is doing everything to attract business people, money and people with skills.

Thailand doing everything to attract pensioners and people with no skills.

Sorry to bring Thailand into Burmese topic, but seems all countries in the region looking to attract the right people, only Thailand looks for ways to make it harder for the same people

I don't see what's wrong with "pensioners"...they bring and spend their pension in to Thailand, build houses,buy cars, take care families and make it possible to (often) Thai children to have a proper education and help them learnig to speak English.

Thai should think about that, make it more convenient, think about offering a health care system at reasonable cost for expats etc...etc...etc...

Pensioners are not productive and don't pay tax

OB

Sent from my iPhone using Thaivisa Connect Thailand

Foreign pensioners who have their pensions transferred to Thailand will spend it here. This will create jobs at the 7-eleven, the restaurant down the road or the pub around the corner. Not to forget (often enough) the condo company where he buys or rents a condo. Cars or motorbikes anybody?

The pensioner does pay taxes: VAT and excise tax come to mind. And the holders of the jobs created may pay income tax, but also definitely pay VAT and excise taxes on the goods they can afford because the of the pensioners.

Yup. Agree. I don't have a dog in this fight. You need to step back however, and look at the bigger picture.

1. As a country would you prefer a young employed population or an older one?

2. Expand the tax paid argument. I am in the top 5% of earners. I would most likely pay more GST than lower paid people. Why should I pay any income tax?

3. If you took your calculations to the immigration minister (most likely an intelligent and logical person), do you think he would have a lightbulb moment and agree to change the rules? If not, why not?

I worked out a little while ago you will be much happier in life if you recognize where you fit in the grand scheme of things.

OB

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[onthemoon]

I don't see what's wrong with "pensioners"...they bring and spend their pension in to Thailand, build houses,buy cars, take care families and make it possible to (often) Thai children to have a proper education and help them learnig to speak English.

Thai should think about that, make it more convenient, think about offering a health care system at reasonable cost for expats etc...etc...etc...

Pensioners are not productive and don't pay tax

OB

Sent from my iPhone using Thaivisa Connect Thailand

Foreign pensioners who have their pensions transferred to Thailand will spend it here. This will create jobs at the 7-eleven, the restaurant down the road or the pub around the corner. Not to forget (often enough) the condo company where he buys or rents a condo. Cars or motorbikes anybody?

The pensioner does pay taxes: VAT and excise tax come to mind. And the holders of the jobs created may pay income tax, but also definitely pay VAT and excise taxes on the goods they can afford because the of the pensioners.

Yup. Agree. I don't have a dog in this fight. You need to step back however, and look at the bigger picture.

1. As a country would you prefer a young employed population or an older one?

2. Expand the tax paid argument. I am in the top 5% of earners. I would most likely pay more GST than lower paid people. Why should I pay any income tax?

3. If you took your calculations to the immigration minister (most likely an intelligent and logical person), do you think he would have a lightbulb moment and agree to change the rules? If not, why not?

I worked out a little while ago you will be much happier in life if you recognize where you fit in the grand scheme of things.

OB

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1.) Of course, a country would prefer the younger generation that works and contributes more to the GDP. However, every country wants them, and this does not mean that the country wouldn't want pensioners who spend less, but still spend.

2.) Why should you pay income tax? - If you are serious about this question, you need to learn the basics of government income and spending, and what they do with that money which benefits you and your family (if over here), and why people with higher incomes are taxes more than those with lower incomes. The answer will fill books, and it would be too long for a web board like this.

3.) I am not sure what you want me to ask the Minister to change.

[Oceanbat]

I don't see what's wrong with "pensioners"...they bring and spend their pension in to Thailand, build houses,buy cars, take care families and make it possible to (often) Thai children to have a proper education and help them learnig to speak English.

Thai should think about that, make it more convenient, think about offering a health care system at reasonable cost for expats etc...etc...etc...

Pensioners are not productive and don't pay tax

OB

Sent from my iPhone using Thaivisa Connect Thailand

Foreign pensioners who have their pensions transferred to Thailand will spend it here. This will create jobs at the 7-eleven, the restaurant down the road or the pub around the corner. Not to forget (often enough) the condo company where he buys or rents a condo. Cars or motorbikes anybody?

The pensioner does pay taxes: VAT and excise tax come to mind. And the holders of the jobs created may pay income tax, but also definitely pay VAT and excise taxes on the goods they can afford because the of the pensioners.

Yup. Agree. I don't have a dog in this fight. You need to step back however, and look at the bigger picture.

1. As a country would you prefer a young employed population or an older one?

2. Expand the tax paid argument. I am in the top 5% of earners. I would most likely pay more GST than lower paid people. Why should I pay any income tax?

3. If you took your calculations to the immigration minister (most likely an intelligent and logical person), do you think he would have a lightbulb moment and agree to change the rules? If not, why not?

I worked out a little while ago you will be much happier in life if you recognize where you fit in the grand scheme of things.

OB

Sent from my iPad using Thaivisa Connect Thailand

1.) Of course, a country would prefer the younger generation that works and contributes more to the GDP. However, every country wants them, and this does not mean that the country wouldn't want pensioners who spend less, but still spend.

2.) Why should you pay income tax? - If you are serious about this question, you need to learn the basics of government income and spending, and what they do with that money which benefits you and your family (if over here), and why people with higher incomes are taxes more than those with lower incomes. The answer will fill books, and it would be too long for a web board like this.

3.) I am not sure what you want me to ask the Minister to change.

1) to some extent but a young workforce is more likely to add to a country's growth than an older one and that's what they want.

2) Sorry, I was responding the the post whereby someone was saying that they pay more in VAT than Thais and therefore are of more benefit. I know why I pay income tax and am happy to do so. I was trying to make the point it's not just about how much VAT but your contribution as a whole.

3) one of the posts was complaining they should make it easier for pensioners. I was asking them to think about why they won't.

OB

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