The tax deduction for a Thai wife is like 60,000 THB a year (if she doesn't work). And most of my income comes from capital gains, taxed on 0% in the US but taxed 20-30% in Thailand. So being married to a Thai national does basically nothing to help me.
Singapore or Malaysia is probably where we'll end up once this system gets fully implemented over the next few years
I'm just going wait for next year to see what happens. Perhaps I will owe some tax next year. If that's the case then next year I probably move with my Thai wife to Malaysia.
Many countries already tax "global income" and Thailand is the next in line to do this. They will get it done, if that's what they want to do. It's pretty straightforward. Might take a few years to get the bugs worked out but you can bet this is the direction the Thai government is going. They will tax your global income, they will automate the auditing of it, and they will tie it to your immigration status.
this is completely incorrect. Most countries have a double tax treaty and each one is unique. But generally speaking the way it works is that you owe taxes in BOTH countries, but your foreign tax payment can be used as a tax credit to Thailand.
So for example if you sell some stock in the US and pay 10% capital gains taxes, the Thai tax on that might be 30% (the brackets are much lower) at which point you would owe the difference, 20%, to Thailand.
my girlfriend got a visa to the US no problem at all. But she's got a good job with long term employment, fluent English, a master's degree, and a passport full of stamps to other countries.
Single women from difficult financial circumstances are typically denied because of the risk of them staying in the US past their visa's expiration.
you know what he means. So not only do you take the time to post "you're wrong" but you don't even take the time to add the extra keystrokes to explain to him the difference between a visa and an extension.
I will never understand people who use social media this way. You must be fun at parties.