Thailand to where?

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Happy new year to you too. I think your setup is safe and legal for the time being, however:
JackieTsan said:
1) Is that safe? Any gap here? anything to worry about?
Click to expand...
The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.

Here's a recent article on the topic: https://www.aseanbriefing.com/news/...aul-implications-for-residents-and-investors/
Under the proposed amendments, however, residents would be liable to pay taxes on their worldwide income, whether or not it is remitted to Thailand. This fundamental shift means that individuals””both Thai nationals and expatriates””would face obligations to report and pay taxes on foreign earnings, even if those earnings remain outside Thailand.
Click to expand...
Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.
 
Happy new year to you too. I think your setup is safe and legal for the time being, however:
JackieTsan said:
1) Is that safe? Any gap here? anything to worry about?
Click to expand...
The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.

Here's a recent article on the topic: https://www.aseanbriefing.com/news/...aul-implications-for-residents-and-investors/
Under the proposed amendments, however, residents would be liable to pay taxes on their worldwide income, whether or not it is remitted to Thailand. This fundamental shift means that individuals””both Thai nationals and expatriates””would face obligations to report and pay taxes on foreign earnings, even if those earnings remain outside Thailand.
Click to expand...
Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.
 
pomo said:
Happy new year to you too. I think your setup is safe and legal for the time being, however:

The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.

Here's a recent article on the topic: https://www.aseanbriefing.com/news/...aul-implications-for-residents-and-investors/

Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.
Click to expand...
changing this will take many years, like 5 or so, especially in such places.
 
pomo said:
Happy new year to you too. I think your setup is safe and legal for the time being, however:

The worry would be if the new proposal to tax worldwide income regardless of remittance passes this year.

Here's a recent article on the topic: https://www.aseanbriefing.com/news/...aul-implications-for-residents-and-investors/

Enforcement may be lacking but if you want a strictly legal setup you may need to reassess the dividend strategy. Perhaps save them up in the company, and take one year where you spend less than 180 days and pay out a larger chunk.
Click to expand...
changing this will take many years, like 5 or so, especially in such places.
 
JackAlabama said:
there was ample talk on this here. these things are not the same.
Plus Malaysia remains as is until 2036, the easy fix is right there.
Click to expand...
Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).
Yes Thailand might implement the worldwide tax very fsst; did you see getting in briks from Jan 1st, and the corporate tax too. I wonder how this will benefit Thailand but in any case it's not my country (unfortunately), and will never be, as we can't easily get passport, rights, land, healthcare, etc.
I've checked several countries, so far my movement will be Malaysia immediately when Thailand will announce worldwide tax. Alternative is Philippines which is amazing and extremely beautiful too. Malaysia's PM proved to be insanely clever to announce 10 years more tax exemption, and I personally know many high wealthy individuals that moved last 3 weeks from Germany and Switzerland to Malaysia.
 
JackAlabama said:
there was ample talk on this here. these things are not the same.
Plus Malaysia remains as is until 2036, the easy fix is right there.
Click to expand...
Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).
Yes Thailand might implement the worldwide tax very fsst; did you see getting in briks from Jan 1st, and the corporate tax too. I wonder how this will benefit Thailand but in any case it's not my country (unfortunately), and will never be, as we can't easily get passport, rights, land, healthcare, etc.
I've checked several countries, so far my movement will be Malaysia immediately when Thailand will announce worldwide tax. Alternative is Philippines which is amazing and extremely beautiful too. Malaysia's PM proved to be insanely clever to announce 10 years more tax exemption, and I personally know many high wealthy individuals that moved last 3 weeks from Germany and Switzerland to Malaysia.
 
JackieTsan said:
Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).
Click to expand...
what visa is that? do you have a link to this?
JackieTsan said:
Yes Thailand might implement the worldwide tax very fsst; did you see getting in briks from Jan 1st, and the corporate tax too. I wonder how this will benefit Thailand but in any case it's not my country (unfortunately), and will never be, as we can't easily get passport, rights, land, healthcare, etc.
I've checked several countries, so far my movement will be Malaysia immediately when Thailand will announce worldwide tax. Alternative is Philippines which is amazing and extremely beautiful too. Malaysia's PM proved to be insanely clever to announce 10 years more tax exemption, and I personally know many high wealthy individuals that moved last 3 weeks from Germany and Switzerland to Malaysia.
Click to expand...
 
JackieTsan said:
Can't agree more! And Indonesia has a new visa that gives full tax exemption for four years (Japan 5 years too if you're interested).
Click to expand...
what visa is that? do you have a link to this?
JackieTsan said:
Yes Thailand might implement the worldwide tax very fsst; did you see getting in briks from Jan 1st, and the corporate tax too. I wonder how this will benefit Thailand but in any case it's not my country (unfortunately), and will never be, as we can't easily get passport, rights, land, healthcare, etc.
I've checked several countries, so far my movement will be Malaysia immediately when Thailand will announce worldwide tax. Alternative is Philippines which is amazing and extremely beautiful too. Malaysia's PM proved to be insanely clever to announce 10 years more tax exemption, and I personally know many high wealthy individuals that moved last 3 weeks from Germany and Switzerland to Malaysia.
Click to expand...
 
JackieTsan said:
@JackAlabama I read for 4 years and 5 years.

I've checked locally there the 4 years, is called digital worker visa and is amazing, fully tax free (research first please).
Also kindly check this https://soynomadafiscal.com/en/bali-digital-nomad-visa/

If you google Indonesia 4 years tax free visa you'll see a few posts (and some for the 5 years).

Thank you @JackAlabama
Click to expand...
the linked page says: "(still in development phase and without an official launch date yet)"
 
JackieTsan said:
@JackAlabama I read for 4 years and 5 years.

I've checked locally there the 4 years, is called digital worker visa and is amazing, fully tax free (research first please).
Also kindly check this https://soynomadafiscal.com/en/bali-digital-nomad-visa/

If you google Indonesia 4 years tax free visa you'll see a few posts (and some for the 5 years).

Thank you @JackAlabama
Click to expand...
the linked page says: "(still in development phase and without an official launch date yet)"
 
pomo said:
the linked page says: "(still in development phase and without an official launch date yet)"
Click to expand...
it's active, google and search for visa agents in Indonesia and chat with them, it's up and running as many told me (the 4 years visa).
 
pomo said:
the linked page says: "(still in development phase and without an official launch date yet)"
Click to expand...
it's active, google and search for visa agents in Indonesia and chat with them, it's up and running as many told me (the 4 years visa).
 
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