Way off the mark with taxation. My situation and DTA means I pay zero tax in Thailand, and I still make 88,000 baht per annum tax free. And everything isn't "half price" by a long shot. I don't live on street food and 7-11 beer! My palate is definitely western orientated and I drink imported beer and wine. That's my lifestyle choice. I'm retired so I intend to "live" my retirement, not exist on 40 baht food! 👍👍😆😆
I guess I need money to live on each month and financially it makes more sense to me to use my monthly income as the criteria for the visa rather than tying up 800,000 baht which would be earning me 11% tax free elsewhere. Others may think differently but that's their choice - certainly wouldn't be mine
5 months every year, can drop to 400k for seven months then back up to 800k! I couldn't be bothered with that crap! I need money to live on - so it's much easier to just ship in 65k each month! Can use it immediately
Generally yes, although I avoided it by going via the OA visa. However one year of wasting 800k is nothing compared to tying it up for the rest of your life!