@Mma ******

not all house purchases are ‘investments’ Some of them are ‘homes’! But go ahead give all your hard earned to people like me that have bought many 🤣🤣

@Don ****

not everyone’s a fool!

@Les **********

take your head out of the sand and take note of that ‘scaremongering’

@Les **********

was published in the Royal Gazette last November in time for it to be law Jan 1st. It’s been stated so many times.

@Tim *******

that’s sounds correct but do you think the thais will have the processes/paperwork/knowledge to deal with the various arrangements throughout the 202 countries on this planet? I can envisage many frustrated tax office encounters

@Andreas ********

I initially thought that, you can't build complex tax systems in a year. Even the UK had to give up on a huge NHS system. BUT if they tie it to visa extensions, which is the only way I can see it happening then they don't need to build anything. They can wait for everyone to come to them, if you don't have a tax receipt for everything thats gone into your account, they don't renew. Simple. Of course there are ways round that and there are some generous allowances which no-one seems to mention, but thats the basic premise in my opinion.

@Remon **********

16m baht I take it?

@Radost *************************

Apart from every word you wrote being complete bollocks, you're spot on!

Interest rates are falling, when rates fall, currencies fall, you ain't looking at 47 again for a very long time bar the thai economy crashing

@Andy ***********

Fair enough - for a resident though the LTR is the better. Having said that they've made a pigs ear of where the money required needs to be. It's possible to scrape through on 80k a year if it's on a tax return but fail if you have a billion in cash !