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Michael ******
This is a summary of
Michael ******
's contributions to the platform. They have posed 12 questions and added 734 comments.

QUESTIONS

COMMENTS

Michael *******
@Roberto ********
and long may that continue , I will switch to 65k in November safe in the knowledge that I have an 800k backup in the event I get a curve ball - I always believed that if tax regime was going to change visa renewal would be the only leverage that they have over many expats here, who are happy to be tax over a bar in Pattaya….and not a baht more 🤔
Michael *******
@Keith ******
I get the immig angle,as ultimately that’s the only real leverage they have over thousands of expats here who will simply ignore tax requirements I always feared that they may link visa renewals to a tax clearance cert, I have lived and worked in countries where this was used. Ultimately though just turns into another payday for agents feeding the trough.
Michael *******
@Dan **********
here’s the irony Dan, the webinar was facilitated by a Tax Professional and contributions were from Thai Tax Dept and Immig…..
Michael *******
@Darin *******
that’s the problem, we won’t know unit the 65k a month brigade start to renew, will they get push back - pretty dire if they do, visa revoked and major expense to fix……perhaps these consultants are playing on that fear to drum up business 🤔🤔
Michael *******
@Keith ******
the more I think about it the more I believe this is just another attempt to secure more business (for Carl) - when I raised a few questions the response was we can file for you 8k (or 14k if you need to claim back under DTA) didn’t answer my question - I guess we won’t really know until folks using 65k method start running into trouble call me cynical 🤨 either way when I renew in Nov I will have my 800k as a fall back if they give me crap over the 65…..
Michael *******
@Peter *********
you seem to be ignoring the impact of pending membership of OECD which has clear guidelines around taxation rules - expats/retirees are being caught in the crossfire they either can the idea of OECD membership or fall into line on taxation whether that will allow them to encourage repatriation of foreign earnings is the million dollar question the small guys will be the ones squashed.
Michael *******
Best look around mate I am sure there are other options when is a tourist not a tourist this is the question
Michael *******
@Steven **************
yip get all that it’s not my opinion just quoting from a webinar I attended - May all be bollocks, but on the other hand ………. I will find out in November when I renew - my 800k will be there if I get any issues around the 65k and no tax filing….the question from day one was enforcement of tax rules and visa renewal is a big stick time will tell…….
Michael *******
@John ********
and lots of them preferably who stay in a hotel for a couple of weeks eat out every night and not try to live here, can think of a few countries like that increasing by the day
Michael *******
@Dennis ********
I listened to his precise words now perhaps they were put in his mouth by a greedy consultant who knows - he merely stated what the rules were if a retirement visa holder brought 65k a month into the country to satisfy his visa requirements and had not declared it for tax - I don’t intend to take a chance next time round - folks can make there own decisions, just providing a heads up.