Great video! Have a look at the Philippines, especially the SRRV visa. Way less issues for someone like you and you will have a visa for life. It is now available for 50+ year old but soon will be available for 45+.
Yes. For that, one could spend < 180 days in Thailand that year, so as to not be a tax resident For me, I have no plans to buy any big ticket items like that
@@FrugalNotCheapnonsense . If that money was gained before 1-1-2024 you don’t pay . Secondly , even if the money was gained after that date but you weren’t a resident for tax purposes at the time you earned the money , you obviously don’t pay . You. Don’t pay if there is a provision in the DTA . And if all of the above isn’t applicable , it’s questionably why one would pay . A saving does not qualify as income under article 40 . Don’t give advise about things you have no idea
Great video! Have a look at the Philippines, especially the SRRV visa. Way less issues for someone like you and you will have a visa for life. It is now available for 50+ year old but soon will be available for 45+.
Thank You! 😀
You broke down the consequences of the current and possible future Thai taxes very well.
Thank You! 😃
What if you remit a lump sum to purchase a car or condo? Will you pay income tax on that?
Yes. For that, one could spend < 180 days in Thailand that year, so as to not be a tax resident
For me, I have no plans to buy any big ticket items like that
@@FrugalNotCheapnonsense . If that money was gained before 1-1-2024 you don’t pay . Secondly , even if the money was gained after that date but you weren’t a resident for tax purposes at the time you earned the money , you obviously don’t pay .
You. Don’t pay if there is a provision in the DTA .
And if all of the above isn’t applicable , it’s questionably why one would pay . A saving does not qualify as income under article 40 . Don’t give advise about things you have no idea
All this was covered in the video. Thanks for taking the time to comment 🙂