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Tim ********
This is a summary of
Tim ********
's contributions to the platform. They have posed 6 questions and added 480 comments.

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Tim *********
@Jack ****
Hell spend your first week there 😉🤣🤣
Tim *********
Negotiate hard to keep the deposit low, and assume you probably won't see it again. But rents here are so low, generally, you'll forget it quickly anyway.

I'd advise you to keep renting. It's dirt cheap. Let someone else worry about maintenance. Easy to move if a problem crops up, or of you fancy another (part of the) country. And, if you died here (got to look at the possibility) it would be a nightmare for your heirs to manage a sale to get your money out
Tim *********
Not if you won't be entering Dubai, but staying air-side in a transfer lounge
Tim *********
Try to use an agent who will obtain the extension at your local Immigration Office. Then, if you choose to and can show the money (either lump sum of 800k or 65k a month), you can handle future renewals yourself for just 1,900 baht
Tim *********
@Tony *******
Yes that's also my understanding, Tony. Since they didn't apply this law fully in 2023 or earlier, they will not assess tax on money you bring in from now on that was originally earned prior to 1 January 2024
Tim *********
So much guesswork, and much of it said with great conviction! The Thai Revenue site has some good information for foreigners. If you stay 180+ days in a year (even in more than one visit) you are a resident for tax purposes and must submit a tax return. You must declare all money brought into Thailand, for assessment of tax liability. Your Thai tax liability is mitigated by a sliding scale of allowances. You can also deduct tax paid in the country the money originated from, subject to the specific details of the DTA between Thailand and that country.

All this is already in Thai law, and every resident will need to submit a tax return on their 2024 income imports. The Thai government is still considering a recommendation from the Revenue that all worldwide income should be assessable for tax, but this is not currently the law
Tim *********
It sounds like you want to live here, but maybe there is no visa that will allow you to do that. This visa is designed for nomads, not would-be residents. If you try doing border-bounces to extend it beyond 180 days, I suspect you will meet a border guard who will refuse you re-entry