Andrew *******
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Andrew *******
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Andrew *******
@James ****
well if you can do the 180 every year then 20k a year for visa is not bad compared to ED
Andrew *******
@Keiron *******
as I understand it you get 180 days per year for 5 years and can extend by 180 days only once, in regards to how long you have to leave for that's the remaining 176 days of the year, so as it's multi entry I think many will maybe spread the 180 days through the year in 60 day chunks and visit home country or cheap neighbour country for the time needed out of Thailand
Andrew *******
@James ****
yes from what I hear the 180 day extension can only be done one time in the 5 years
Andrew *******
@Jordan *******
the reason it's 180 day per year is so that you do NOT become liable for paying tax in Thailand, although the whole tax details are a mess the 180 has been clear from the start
Andrew *******
@Oliver *******
ah so immigration is like tax, even if it's there mistake you will probably get a bill to fix it, got it 🤔
Andrew *******
Hi all quick update, I got back on Saturday June 1st and got 30 days, I did question it and was lead off to an area with several immigration staff and they said yes it's been announced but it's not law yet, and now today June 2nd I see a story saying it will happen late June or early July, so will have to wait I guess....
Andrew *******
Landed at 3pm today 1st of June and got 30day, asked why not 60 and they said announced but not official yet
Andrew *******
Well I'm heading to BKK on June 1st, so I will try and remember to update you all, I am from UK
Andrew *******
@Radost *************************
since January 2024 anyone visiting and staying in Thailand for more than 180 days, one trip or many is liable for tax on funds they bring in to Thailand including credit card purchases and at the end of each year you will get a tax form to complete, as I understand things not all questions in regards to what exactly is taxed have been answered such as will you pay tax on the 800k is one, and another is will you pay tax on money you bring over to buy a property or new car/bike, I do not know when these questions will have answers, but I can say not knowing is putting some off moving to a Thailand and causing others to consider moving out, overall the feeling in regards to new tax situation is confused
Andrew *******
Moving forward if you put 800k in a bank for the visa and then take it out then you may need to pay tax on that each year, if you just leave it in the account you won't need to, or you can pay an agent extra to 'show' the 800k each year, but again you may become liable for some tax doing it that way too