stable govt failed to tick the box when I prepared my checklist on 7 retirement destination options, which included PH, VN and SG in SEA (SG made the list as I have been married to one for 33years) I have been visiting TH for nearly 50 years and been here during 2 coups……for a young democracy it’s normal, the Brit’s routinely beheaded monarchs they didn’t like , during a similar period of their development. There is a sense of community here, be it through culture, religion, or the monarchy that simply doesn’t exist in many parts of the world we considered. I ignore much of the media, and enjoy the people,lifestyle and culture and will do for as long it lasts, the last 10-15 years I plan to spend on this planet will be in Thailand and hopefully with my dear wife and dogs…….I will watch with interest as Thailand slowly comes of age, with the thai friends who make it all worthwhile.
no training required either you have a clearance certificate form Revenue Authority or you don’t, works in most jurisdictions around the world - I couldn’t settle my affairs in South Africa and clear my accounts and leave the country with out said certificate - immig in Jo’ burg werent the sharpest……paint by numbers on a computer screen.
which is precisely what I did - got chased away twice even though we have a TIN already - having lived and worked in much of Africa I am extremely wary of third world tax regimes seen too much grief - ignorance is no defence from tax man hopefully this all blows over soon enough.
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 🤔
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.
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 🤔🤔
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…..
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.