Sam *******
This is a summary of
Sam *******
's contributions to the platform. They have posed 6 questions and added 69 comments.

QUESTIONS

COMMENTS

Sam ********
@Dave *********
thanks, you certainly have more experience in the area than me (I've been going every year to HH only since 2019), so I'm happy to hear any insight or opinions you might have on HH property.
Sam ********
@Brandon ***********
I always stay in Hua Hin and that's what I heard about the villas there, pretty similar to what you wrote about BKK condos.
Sam ********
@Dave *********
that's the land prices (which foreigners can't buy). What about the villas on the land?
Sam ********
Chinese buyers just look abroad for their next property purchases, now they are coming to Dubai to buy property
Sam ********
Foreigners can buy villas though, but you need to lease the land. Is it the same case for villas, with people only wanting new ones, so old ones stay on the market?
Sam ********
@John *********
Interesting, thank you! I will need to research that further.
Sam ********
Thanks for sharing. Maybe I missed it but it doesn't actually say anything about the taxes?

I recall reading earlier that the LTR visa (or was it the Digital Nomad visa?) allows working but the income is taxed at a flat 17% rate. I imagine the Elite visa will have something similar? In which case I'll keep my stays under 6 months and pay zero income tax with my Dubai-based job.

Of course, if they allow working with zero income tax, I imagine Thailand would become flooded with DNs.
Sam ********
@Graham *******
next time ask her if it's her time of the month. She'll probably be thankful that you understand and wish you a pleasant stay.
Sam ********
@Colin ********
yep, from his link there's a set of minimum requirements and you need to meet all of them, not just one, so that means $1m in assets + $80k/yr income, among others. The law firm itself replied to one of the questions: "Yes, you are required to meet all 3 criterias i.e. 1. Own 1M USD asset 2..having income over USD 80,000 for previous 2 years 3. Invest in Thailand equivalent to USD 500,000"
Sam ********
@Andy ******
no wonder he wants to live by himself in a forest with a mosquito-infested moat to keep people away 😂