Just speaking the truth. Never had the need to be scammed by a visa agent. I pay my own way and have a great life! I guess you're in the Cheap Charlie bracket huh?
In Phuket it's the Russians who are buying up big. No idea about Hua Hin. I will never own property in Thailand so I guess the tax office won't be interested in me!
I would only need the benefits of the DTA if I filed a return. I haven't done one in 15 years (same as about 50% of the Thai population), and have no intention of filing one now. When I switch to DTV next year it's all academic anyway
I would never buy property in Thailand. I use negative gearing to buy properties in Australia where I know they will return a healthy income as well as a substantial capital gain. I've already been here 15 years and have moved five times because I get to see the faults and problems of where I'm living. Building workmanship is shoddy, and buildings deteriorate very fast, meaning lower standard tenants and investors. Too many taxation issues in Thailand. I prefer to pay rent here and have the flexibility to change when I want to.
The 65k is money which is transferred into a Thai bank account. I've used this method for years. It beats the 800k method, as the 65k can be spent as soon as you get it!
I've been in Thailand for minimum 180 days for the last ten years. It's never been a problem. And it won't be a problem now. There will be no "back taxes" because I only bring in pension money. How can anyone tax $0?
If you want to file a return that's your choice. You got yourself a Tax ID so you've already announced yourself. I've been here for years and never had one, and have no intention of getting one!
Yeah but let's be honest, most expats are Cheap Charlies who can't even afford the 800k for the retirement visa, and have to go scurrying to an agent to get over the line! Hardly the "millionaires" which the government is chasing! 😂
Yes, and the important thing is to remain a tax resident of the country which pays the pension. Australia has a great DTA, and a very easy formula to retain tax residency, so Aussies have the control element on their side. I understand the UK DTA is pretty bad, but the USA and most European countries are pretty right. That's why I said it won't make much difference to MOST, but there'll always be the exceptions
