@Mitchell *******

bad luck, assume you are not over 50 and retired?

Have you checked the BOI LTR visa first. A fraction of the cost of you meet the requirements.

A good chunk of that 38k will be travel, and hotels. There may not be much left for food,beating out, attractions etc. check out the air fares on the dates you want to travel, and if too tight then reconsider the northern parts. Best of luck.

@Miri *********

Miri, yes this is a real problem for most people. Easiest way is to find a visa agent and ask them to assist. I think the going rate is 5000 bht, which if it saves you days / weeks of going from branch to branch, queing at each one for up to an hour, and then dealing with another rejection..... a good deal for lots of folks 😂

@Nigel *********

Nigel, I think you may consider a little research first. The tax rules have not changed. It is a concession that is being withdrawn. Thus, there is no new legislation and of course no need to be gazetted. There are plenty of update papers published by the major tax consultancy partnerships. Might be worth your time reading a few of them. Giving, and taking, advice from the FB keyboard warriors is a dangerous way to plan your finances.

@Brown *******

that's really easy. Let's say you pay 15% tax in the home country and the same income would be 25% tax in the host country, you pay 10,% tax in the host county. Too easy 🤣

@Brown *******

Wrong, You can be tax resident in two countries. That is why there is generally a double tax agreement to decide who taxes you on various income sources. E.g. US citizens are always tax resident until they give up their citizenship, even if living OS for 20 years!

@Todd ********

Yes, indeed. Despite the legislation, and the BOI website stating that the passive income is at the time of application for WP status (all other types of LTR visa clearly state 2 years), the processing staff really do kick up a fuss if you are newly retired and only have one years passive income. They also do not really like income that can be variable. Overreach or maybe just not really understanding the legislation and easier to request 2 years. Nobody ever got into trouble by being too cautious I guess :-)

Todd McGowan they really don't like regular income if you have the choice as to the quantum.

They said it is gross?