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Jim *******
This is a summary of
Jim *******
's contributions to the platform. They have posed 4 questions and added 1392 comments.

QUESTIONS

COMMENTS

Jim ********
@David *******
If you retain Australian Tax Residency a pension paid in Australia will not be taxed in Thailand
Jim ********
@Todd ********
As I keep saying, it's dependent on individual circumstances. I only bring in the bare minimum for what I need on a monthly basis. What's the point of bringing more? The Thai Tax Office can target me if they so wish, but all money I bring in is tax-exempt so that part isn't important for me. So why would I pay 50,000 for a visa when I can get one for effectively - (yes minus) 1800 baht per year, as I won't need to buy a re-entry permit? There's absolutely no advantage whatsoever in getting a LTR (for me). I'll bet we'll be seeing a lot of retirees switching in the next few months
Jim ********
@Todd ********
The income aspect of the LTR is easy for most to meet. It's the 50k v 10k fee I'm referring to. For those that don't travel much I can understand, but I'm in and out like a yo-yo so the 180 day stamp suits me down to the ground, and as I won't have to buy re-entry permits, the DTV pays for itself. I only transfer around 80k each month into Thailand which I draw from a closed super account in Australia so there's no tax to pay. My money stays overseas so it's out of reach of the Thai tax office. Hence the "tax-free" component of the LTR is worthless (to me).
Jim ********
@Todd ********
Cost wise the DTV beats it. The tax component doesn't affect me. I don't bring much money into Thailand so freedom of money movement doesn't bother me. Yes the 3800 baht reentry permit means the DTV will actually pay for itself over three years, giving two years free. Again it depends on individual circumstances, but for me (and I'm sure many other retirees) it's THE best visa.
Jim ********
@Brian *******
I've been reading them. The criteria is pretty loose the way it is. 500k in a bank account and a "remote worker" title (which basically anyone can be).
Jim ********
@Todd ********
Or retirees looking for a more simplified way to stay here. Compared to the non-O it's a beauty, and although the LTR has a few better perks, the price you pay for them is pretty high. Retirees who are in and out of the country on a regular basis will benefit greatly and the visa will actually pay for itself over a few years.
Jim ********
@Brian *******
Who's trying to manipulate the requirements? The criteria is laid out and it's a simple case of meeting that criteria surely?
Jim ********
@Brandon ***********
Not necessarily. An entry stamp will pull it up if it's on the back of a DTV. But we'll see. It's not relevant to me. I'm just going for the DTV to replace the clunky non-O with all its pedantic requirements.