NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 3 minutes ago, farcanell said: Thanks NKM..... much appreaciated. Well, I hope for the sake of many here that this criteria will not be forced upon current them, sooner or later, however, if you must return to Australia, and rent your property out here, you should look into this. As Australia is the only country using Australian dollars, I would say most, if not all, electronic transfers of foreign currency must go through an intermediary bank, and I would not be surprised if that bank was on the reporting list. Link to comment Share on other sites More sharing options...
madmitch Posted November 27, 2016 Share Posted November 27, 2016 42 minutes ago, SunsetT said: Cant be bothered as its not relevant to me but if this is being implemented and u want to know more detail I suggest u check overseas embassy and consulate websites where it should be appearing. Overseas embassies and consulates would have as much knowledge as the speculators on TV. and I'm pretty sure that nothing relating to Thai visas would ever appear on most foreign embassy websites. Link to comment Share on other sites More sharing options...
Jingthing Posted November 27, 2016 Share Posted November 27, 2016 Overseas embassies and consulates would have as much knowledge as the speculators on TV. and I'm pretty sure that nothing relating to Thai visas would ever appear on most foreign embassy websites.They could tell about current O-A if they issue them but behind that a waste of time to ask them.Dudes this new thing is half baked. Only the Thai government can finish the bake. We can't rush certainty that doesn't exist. So yes chill out and wait. Can't even estimate how long at this point. Link to comment Share on other sites More sharing options...
mcfish Posted November 27, 2016 Share Posted November 27, 2016 Well, until then, it would still be tax evasion. Right?Tax evasion is a huge minefield. What's the biggest evil of the following, miionares who have offshore tax havens, billionaire Trump style who pay no tax or the pensioners who hide some black moneyKeep in mind tax evasion and creative accountancy are a fine line if you ever paid for a hooker here which is illegal and tax-free or had a massage or paid for a drink at a farang bar were the owner sits "acrooss" the bar not working or bought a pirate DVD then you have contributed to tax evasion. There is no moral high ground Sent from my SC-01D using Tapatalk Link to comment Share on other sites More sharing options...
farcanell Posted November 27, 2016 Share Posted November 27, 2016 25 minutes ago, NamKangMan said: Well, I hope for the sake of many here that this criteria will not be forced upon current them, sooner or later, however, if you must return to Australia, and rent your property out here, you should look into this. As Australia is the only country using Australian dollars, I would say most, if not all, electronic transfers of foreign currency must go through an intermediary bank, and I would not be surprised if that bank was on the reporting list. More good info.... something to consider I can open an Aussie account, without including my Tax number... but as a penalty, I get taxed at fifty percent on interest i might be able to transfer dollars ( getting the Thai bank to do the baht to dollar transfer) direct to there, then disappear it but I am already looking into your last.... these ideas definitely need considering... thanks. Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 5 minutes ago, mcfish said: Tax evasion is a huge minefield. What's the biggest evil of the following, miionares who have offshore tax havens, billionaire Trump style who pay no tax or the pensioners who hide some black money Keep in mind tax evasion and creative accountancy are a fine line if you ever paid for a hooker here which is illegal and tax-free or had a massage or paid for a drink at a farang bar were the owner sits "acrooss" the bar not working or bought a pirate DVD then you have contributed to tax evasion. There is no moral high ground Sent from my SC-01D using Tapatalk Not taking the moral high ground. "What's the biggest evil of the following, miionares who have offshore tax havens, billionaire Trump style who pay no tax or the pensioners who hide some black money" - a database can't differential between these, and I would like to see "creative accountancy" put a spin on foreign currency exchange payments to someone who is receiving benefits. Link to comment Share on other sites More sharing options...
Dumbastheycome Posted November 27, 2016 Share Posted November 27, 2016 It is a fascinating read I have had in respect of this. It strikes me that someone has successfully devised a criteria for long stayers that circumnavigates the purpose of those who have gravitated to Thailand as economic refugees in one sense or another. Paranoid assumptions about applicated criteria based on information that has not yet been disseminated abounds. Comment from the correctly informed TVF gurus related to immigration/visa/extention is obvious in its absence. If this new criteria is a compulsory then I can understand grave concern and in my personal situation would not be easy criteria to comply with in an instant. If it is ( for the time being at least ) an option to the annual extension on current criteria then that would provide a period of time to either arrange for or to opt out of the criteria. At the end of the day it has to be considered in comparison with the policies of own country of origin in realistic terms. More than enough times have I seen claims that in some manner long stay individuals are a critical economic foreign aid programme to the Thai economy. In fact not. Multi-national interests and Thai expats draw an excess that makes that concept a joke. Tourism is a more significant compensation economically at least. Shoot me down if you wish.:) Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 15 minutes ago, farcanell said: More good info.... something to consider I can open an Aussie account, without including my Tax number... but as a penalty, I get taxed at fifty percent on interest i might be able to transfer dollars ( getting the Thai bank to do the baht to dollar transfer) direct to there, then disappear it but I am already looking into your last.... these ideas definitely need considering... thanks. Perhaps pull out all your Thai baht income every time you go back to Thailand on holidays, and change it for Australian dollars, and then go back to Australia with $9999AUD, and have your wife carry the same amount. Of course, all this will be easier in the future, when Thailand gets casinos. Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 7 minutes ago, Dumbastheycome said: It is a fascinating read I have had in respect of this. It strikes me that someone has successfully devised a criteria for long stayers that circumnavigates the purpose of those who have gravitated to Thailand as economic refugees in one sense or another. Paranoid assumptions about applicated criteria based on information that has not yet been disseminated abounds. Comment from the correctly informed TVF gurus related to immigration/visa/extention is obvious in its absence. If this new criteria is a compulsory then I can understand grave concern and in my personal situation would not be easy criteria to comply with in an instant. If it is ( for the time being at least ) an option to the annual extension on current criteria then that would provide a period of time to either arrange for or to opt out of the criteria. At the end of the day it has to be considered in comparison with the policies of own country of origin in realistic terms. More than enough times have I seen claims that in some manner long stay individuals are a critical economic foreign aid programme to the Thai economy. In fact not. Multi-national interests and Thai expats draw an excess that makes that concept a joke. Tourism is a more significant compensation economically at least. Shoot me down if you wish.:) "In fact not. Multi-national interests and Thai expats draw an excess that makes that concept a joke." - would you mind expanding on this comment? Foreigners have no rights here. Genuinely obtainable residency is just about an impossibility. Foreigners can not own land here. There are so many occupations reserved for Thai's that educated, and experienced foreigners, can not work here, and these are just naming a few. What, exactly, is the "excess" that "Thai expats draw" here???? Link to comment Share on other sites More sharing options...
Dumbastheycome Posted November 27, 2016 Share Posted November 27, 2016 21 minutes ago, mcfish said: Tax evasion is a huge minefield. What's the biggest evil of the following, miionares who have offshore tax havens, billionaire Trump style who pay no tax or the pensioners who hide some black money Keep in mind tax evasion and creative accountancy are a fine line if you ever paid for a hooker here which is illegal and tax-free or had a massage or paid for a drink at a farang bar were the owner sits "acrooss" the bar not working or bought a pirate DVD then you have contributed to tax evasion. There is no moral high ground Sent from my SC-01D using Tapatalk And in these times people exchanging a small bag of rice for a couple of fish is also an evasion. The moral high ground is from on very high ! :Pay tax to empower me to tax you. or :User pays. People have lost the comprehension of what is . Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 3 minutes ago, Dumbastheycome said: And in these times people exchanging a small bag of rice for a couple of fish is also an evasion. The moral high ground is from on very high ! :Pay tax to empower me to tax you. or :User pays. People have lost the comprehension of what is . The exchange of rice for fish does not cross foreign currency and tax jurisdictions, does it, nor would it appear on any Government computer database???? Link to comment Share on other sites More sharing options...
Dumbastheycome Posted November 27, 2016 Share Posted November 27, 2016 4 minutes ago, NamKangMan said: "In fact not. Multi-national interests and Thai expats draw an excess that makes that concept a joke." - would you mind expanding on this comment? Foreigners have no rights here. Genuinely obtainable residency is just about an impossibility. Foreigners can not own land here. There are so many occupations reserved for Thai's that educated, and experienced foreigners, can not work here, and these are just naming a few. What, exactly, is the "excess" that "Thai expats draw" here???? Thai nationals that live outside Thailand and have very substantial interests in Thailand draw. A certain Mr T is a small example. Significant multi national investors in industry draw on profits. Japanese auto/industrial industrry as an example. Pharmacutical corps draw on the profits of licensed products made in Thailand and distributed at subsidized cost to the Thai public. These examples may provide employment and turnover revenue to the Thai Govt. but at an incremental loss to the economy over time. The rise in the turnover of an economy is falsley used to indicate progress as a way of disguising the inflationary effect with the bonus of increasing VAT income. Wakey wakey ! Link to comment Share on other sites More sharing options...
SunsetT Posted November 27, 2016 Share Posted November 27, 2016 1 hour ago, madmitch said: Overseas embassies and consulates would have as much knowledge as the speculators on TV. and I'm pretty sure that nothing relating to Thai visas would ever appear on most foreign embassy websites. Well that is very strange given that Thai embassies and consulates are where we all must obtain our visa info., visa requirements, visa application forms, and eventually, hopefully, our actual visas from........unless u come from another planet where they can be obtained at your local fishmongers!!! AAAhhh..........Its all in a name! Link to comment Share on other sites More sharing options...
Jingthing Posted November 27, 2016 Share Posted November 27, 2016 Just now, SunsetT said: Well that is very strange given that Thai embassies and consulates are where we all must obtain our visa info., visa requirements, visa application forms, and eventually, hopefully, our actual visas from........unless u come from another planet where they can be obtained at your local supermarket!!! AAAhhh..........Its all in a name! This thing isn't in effect yet. They don't offer it yet. They wouldn't know details about something that actually hasn't happened yet. To add, people seeking retirement in Thailand can at least currently get an O visa in Thailand for that purpose and embassies abroad would generally not have any clue about that process. Link to comment Share on other sites More sharing options...
SunsetT Posted November 27, 2016 Share Posted November 27, 2016 8 minutes ago, Jingthing said: This thing isn't in effect yet. They don't offer it yet. They wouldn't know details about something that actually hasn't happened yet. To add, people seeking retirement in Thailand can at least currently get an O visa in Thailand for that purpose and embassies abroad would generally not have any clue about that process. 8 minutes ago, Jingthing said: This thing isn't in effect yet. They don't offer it yet. They wouldn't know details about something that actually hasn't happened yet. To add, people seeking retirement in Thailand can at least currently get an O visa in Thailand for that purpose and embassies abroad would generally not have any clue about that process. But if as stated above this...... "will come into effect next Thursday (Dec 1)" then they will be the 1st to know and publicise the details and requirements. Link to comment Share on other sites More sharing options...
mcfish Posted November 27, 2016 Share Posted November 27, 2016 Of course immigration officers have been briefed on something as huge as a new long term visa especially since its been leaked to the media. Only a fool would think otherwise.. Those of you with families and kids who have the most to lose, do your self a favour and get to your local immigration office tomorrow and ask the big question. I did already and am at ease Sent from my SC-01D using Tapatalk Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 1 hour ago, Dumbastheycome said: Thai nationals that live outside Thailand and have very substantial interests in Thailand draw. A certain Mr T is a small example. Significant multi national investors in industry draw on profits. Japanese auto/industrial industrry as an example. Pharmacutical corps draw on the profits of licensed products made in Thailand and distributed at subsidized cost to the Thai public. These examples may provide employment and turnover revenue to the Thai Govt. but at an incremental loss to the economy over time. The rise in the turnover of an economy is falsley used to indicate progress as a way of disguising the inflationary effect with the bonus of increasing VAT income. Wakey wakey ! Mr. T is Thai / Chinese. To my knowledge, he made most of his initial fortune in Thailand, and then expanded - he is a poor (no pun intended) example of your argument. Multinational companies operating in Thailand, such as Toyota, not only provide employment, but invest in infrastructure. Eg. electric. Thousands of Thai people are given jobs, which not only supplies VAT income to the Thai Government, but more importantly, education to these laborer's children, which may see these children go on to do better than an assembly line in the future. Basically, they tend to raise the standard of living of their employees. There may also be generous concessions to such companies in the form of lower Thai taxes, so they can sell their product, eg. a Toyota car, at a cheaper price to Thai people, so, Thai's who could never dream of owning a car, possibly can now do so. Of course, there is also the spare parts industry, and servicing and repair industry, that go well beyond just the manufacture and export of a Toyota vehicle that provides a similar benefit for years to come. The economic flow on effect from a big multinational operating in a country like Thailand is huge. Sorry, just don't see the negative impact on Thai society for manufacturing multinationals operating in Thailand. "Wakey Wakey" - I think it's you with hand on snakey. Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 1 hour ago, SunsetT said: Well that is very strange given that Thai embassies and consulates are where we all must obtain our visa info., visa requirements, visa application forms, and eventually, hopefully, our actual visas from........unless u come from another planet where they can be obtained at your local fishmongers!!! AAAhhh..........Its all in a name! I eagerly await a post from you, with a link to your Foreign Office, which sets out the exact details of this new visa, on the 1st December. Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 58 minutes ago, mcfish said: Of course immigration officers have been briefed on something as huge as a new long term visa especially since its been leaked to the media. Only a fool would think otherwise.. Those of you with families and kids who have the most to lose, do your self a favour and get to your local immigration office tomorrow and ask the big question. I did already and am at ease Sent from my SC-01D using Tapatalk I also asked the local Thai lottery ticket seller which ticket they thought would win, and they gladly pointed to one. Link to comment Share on other sites More sharing options...
mcfish Posted November 27, 2016 Share Posted November 27, 2016 I also asked the local Thai lottery ticket seller which ticket they thought would win, and they gladly pointed to one. [emoji2]You really are on a roll tonight lolSent from my SC-01D using Tapatalk Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 1 minute ago, mcfish said: You really are on a roll tonight lol Sent from my SC-01D using Tapatalk Seriously, do you really think you can rely on the information given to you by some low level pleb in Immigration???? Link to comment Share on other sites More sharing options...
Jingthing Posted November 27, 2016 Share Posted November 27, 2016 1 hour ago, SunsetT said: But if as stated above this...... "will come into effect next Thursday (Dec 1)" then they will be the 1st to know and publicise the details and requirements. I'm don't have certainty that will actually happen on that date. We shall see. Link to comment Share on other sites More sharing options...
mcfish Posted November 27, 2016 Share Posted November 27, 2016 Seriously, do you really think you can rely on the information given to you by some low level pleb in Immigration????As opposed to some lower level pleb on Thai visa? Is that even a choice Bahahaha! Sent from my SC-01D using Tapatalk Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 15 minutes ago, mcfish said: As opposed to some lower level pleb on Thai visa? Is that even a choice Bahahaha! Sent from my SC-01D using Tapatalk If you want to believe the equivalent of "you are young and handsome man" from an Immigration Officer, at this early stage for this visa introduction, that's up to you. They haven't even got a democratically elected Government here. They are making it up as they go, and the left hand doesn't know what the right had is doing. That said, this is why many of us like it here. It's funny, makes no sense, and lawless. That's until, one of their crazy policies negatively effects us. Just waiting for a "my neighbor is big boss Immigration and he said"..............post. Link to comment Share on other sites More sharing options...
Jingthing Posted November 27, 2016 Share Posted November 27, 2016 Again, what we know NOW is that we don't know NOW. WAIT! Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 3 minutes ago, Jingthing said: Again, what we know NOW is that we don't know NOW. WAIT! Yes, but the current retirement visa criteria must stay forever because I have a Thai missus, a condo, and a salon here. They can't change it, because Thailand would lose too much money. Right? Link to comment Share on other sites More sharing options...
mcfish Posted November 27, 2016 Share Posted November 27, 2016 If you want to believe the equivalent of "you are young and handsome man" from an Immigration Officer, at this early stage for this visa introduction, that's up to you. They haven't even got a democratically elected Government here. They are making it up as they go, and the left hand doesn't know what the right had is doing. That said, this is why many of us like it here. It's funny, makes no sense, and lawless. That's until, one of their crazy policies negatively effects us. Just waiting for a "my neighbor is big boss Immigration and he said"..............post. [emoji2] Well then since your so sure here is what you should do tomorrow morning, pack your bags and give your wife and kids a teary eyed good bye or if you don't have any kiss your own arse good bye (for dramatic effect only [emoji1]) hop on bus from whatever godforsaken village dump you live in and bus it to one of Bangkok's airports Get an air Asia economy flight out but please report back to us next week about how wonderful your new life in China is and how the folks are so much more genuine, how the food is amazing and the ladies don't want just your money etc etc etc [emoji23] Sent from my SC-01D using Tapatalk Link to comment Share on other sites More sharing options...
mrfaroukh Posted November 27, 2016 Share Posted November 27, 2016 Time to buy good bargain property if they remove the one year retirement visa. There are not many who can show 100 000 in monthly income or 3000 000 in the bank. Link to comment Share on other sites More sharing options...
Jingthing Posted November 27, 2016 Share Posted November 27, 2016 3 minutes ago, mrfaroukh said: Time to buy good bargain property if they remove the one year retirement visa. There are not many who can show 100 000 in monthly income or 3000 000 in the bank. Yes, of course, if lots of retired expats had to sell at distress prices in a short period of time, it would be easy pickings. But let's not jump the gun on those kinds of worse case scenarios for lower wealth retired expats and best case scenarios for real estate (vultures) investors. Link to comment Share on other sites More sharing options...
NamKangMan Posted November 27, 2016 Share Posted November 27, 2016 30 minutes ago, mcfish said: Well then since your so sure here is what you should do tomorrow morning, pack your bags and give your wife and kids a teary eyed good bye or if you don't have any kiss your own arse good bye (for dramatic effect only ) hop on bus from whatever godforsaken village dump you live in and bus it to one of Bangkok's airports Get an air Asia economy flight out but please report back to us next week about how wonderful your new life in China is and how the folks are so much more genuine, how the food is amazing and the ladies don't want just your money etc etc etc Sent from my SC-01D using Tapatalk "Well then since your so sure" - I'm not so sure, nor do I care, either way, but it's you who seems "so sure." I hardly think taking advice from a lower rank local Immigration Officer is a solid platform in which to base you immediate decisions. "hop on bus from whatever godforsaken village dump you live in" - I live in Patong, and whilst some may call it a dump, it's hardly a village. "Get an air Asia economy flight out" - why? I beat the last visa crackdown. Maybe they are done with the tourists visa runners, and are moving onto the next visa demographic. possibly the retirement visas. If not now, for sure in the future. "please report back to us next week about how wonderful your new life in China is" - whilst I have been to China, I would not chose to live there. Just because Thailand may dispel me in the future, doesn't mean I can't have a similar, or better, lifestyle in a neighboring country. Thailand is not the be all and end all. "how the folks are so much more genuine" - Phuket lost its Thai culture a long time ago. You should know that. "how the food is amazing" - are you seriously suggesting Thailand is the only country in South East Asia with great food???? "the ladies don't want just your money" - I don't care what they want. I rent them, not adopt them, and their families, and their sick buffalo. I couldn't care less want they want. Why do some people here truly feel the need to believe their circumstances will always remain the same here, and never plan for the possibility they will not? They will not even contemplate the Thai Government will ever destabilize their stable existence here, and why, because they like to think they are a real part of Thai society, when they never were, and never will be. Link to comment Share on other sites More sharing options...
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