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Craig *******
This is a summary of
Craig *******
's contributions to the platform. They have posed 13 questions and added 365 comments.

QUESTIONS

COMMENTS

Craig ********
it's not a fake ticket, it's a ticket that can be canceled and refunded.
Craig ********
@Ray ****
sounds like you need to consult with a thai tax attorney if you want more accurate and detailed information. I was simply helping people understand how often their Thai tax liability will be higher than their Western liability creating a net liability to Thailand
Craig ********
@Ray ****
so if you do the calculation on $50,000 of annual income the tax rate in the United States would be 12.5% in the tax rates in Thailand would be 16.5%. so you would owe 4% to the government of Thailand which is the net difference. Makes sense?
Craig ********
@Ray ****
the top rate in Thailand is 35%, but the real problem for people is that the brackets are much lower so you'll have a higher percentage rate for a given amount of income. Look at the table demonstrated above and convert the Thai baht into US dollars and then look how quickly you get to a 20% tax rate
Craig ********
@Ryan ******
tax you pay in Canada is a tax credit towards Thailand but if the Thailand tax is higher than you still pay the difference
Craig ********
@Brandon ***********
a long history of international travel is a very strong component, yes. I suspect the biggest single factor.
Craig ********
yep did it last year, no agent required, took a few weeks.
Craig ********
assuming you have the 800k baht in a bank account for the required time, you can just leave, re-enter on another visa exempt entry, then go to immigration and apply for the non-o for retirement.