I just pay for my USA number and SIM card and exchange it for my Thai one when I have to do 2-factor…it’s inefficient but I don’t think there’s a workaround

@Ivan ***********

I know that’s what it says now, I question whether that will eemain

@Bart *************

yeah I get that thats the implication, thanks to this thread I’ve now read the tax code and it’s clear as mud…as usual that lack of clarity now lends itself to conjecture and fear mongering…I’ve seen this happen over and over again here regarding a wide range of foreigner-specific issues and nearly always it works out positively for us as you’ve sugggested…having said that, I’ve also seen really challenging policy implemented very quickly that has had serious consequences for some…I just don’t want to be a member of the “some” group

@Bart *************

I think we’ve gotten past specific visas…the fact is that if u spend 180 days out of a calendar year in Thailand then there is a concern about tax burden….for countries that have an articulated tax treaty w Thailand the burden may be reduced but the specifics there remain ambiguous to me…the idea that people get double taxed isn’t unique…American citizens for instance pay taxes on the nation that they earn income in and then they pay it again to America if it goes above a relatively low threshold amount

@Colin ******

retirement visas are basically free, they just require 800k seasoned in a Thai bank…if that 800k will now be taxed as income then the retirement visa will likely be more expensive …if that seasoned money is not taxed then the dtv is more expensive…either way, neither of those visas are expensive if there’s no tax burden associated with the money

@Angelo **********

right, so for us that have been here for a long time that is going to be quite an adjustment

@John *********

thanks man, gonna check it out

@Frank-Steven **********

right and presumably we could figure out how to be more creative with utilizing income held overseas

@John *********

great info, thanks…selfish question, does the USA have this tax agreement? We certainly have to pay USA taxes on money we make here above a threshold number

@Frank-Steven **********

I’m not sure either…I haven’t read the tax code but that’s the number I’ve heard so could be nonsense…as an employee in Thailand on 6 figures per month I never paid more than 12% or so