Thailand 0% tax

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Well you know the saying: "... in this world nothing can‍ be said to be certain, except death and taxes" smi(&%
 
Imagine all those people that paid for a 10-20 year Elite Visa thinking they were‌ going to live tax free in Thailand.
 
I am also now wondering how hi-so Thai influential families will take this, pretty sure︅ they were the ones benefitting the most of this loophole.
 
Edict

Section 41⁠ paragraph 3: Section 38_64

500k is nothing...

Hopefully riots and military coup.

Spoke to a few that paid for the max, and︂ they are pissed to say the least... already making plans to move.

Myself, annoyed is︃ an understatement.

Ah cheers wasn't aware of that.. i always just respond to the︅ last email when speaking to them and pull their site from google.
 
€13K 😳
You can't even‌ live decent on that in Cuba stupi#21
 
PANAMA and they have a great residency visa for pensioners, you'll‍ get discounts on many things (movie theaters, restaurants, plane tickets, health insurance, utility bills, etc...)⁠
Many other residency visas are available if you want to relocate to Panama.
 
With this money you can rent cheap fan-only room and eat cheap street food. What‍ are you complaining stupid faalang? Cannot stand the heat without AC? go back to home⁠ buffalo!!
 
Shame. Thailand offers a lot of things that many other countries don't, and that is taking into account the whole world. I don't really see any replacements (cheap, good food, large country, low to zero tax, amazing lifestyle in general etc). I guess being resident in a territorial tax country and spend less than 6 m per year in Thailand is the best plan now.

Last edited: Sep 18, 2023
 
Shame. Thailand offers a lot of things that many other countries don't, and that is‌ taking into account the whole world. I don't really see any replacements (cheap, good food,‍ large country, low to zero tax, amazing lifestyle in general etc). I guess being resident⁠ in a territorial tax country and spend less than 6 m per year in Thailand⁤ is the best plan now.
 
A couple of friends and I applied for the Elite visa and we're still on‌ the verification process. I am not going to pay for the visa once approved unless‍ there is a turn of events. And my friends will likely do the same. Thailand⁠ is going to lose more money with this brilliant plan than it will get from⁤ foreigners' pockets.
 
TPC manipulating with extensions in August, then bringing⁣ new expensive memberships, and now comes government with worldwide taxation? No, thanks.
 
Yeah, besides all of that,‍ I do not know what the hell they are thinking about. They increased the price⁠ of the Elite Visa, the 20 years plan is now 5x the old price (around⁤ $140k), and now they want to tax people on their worldwide income. I do not⁣ know who could be so stupid to pay for a new Elite visa. Plus, living⁢ in a country that gives you uncertainty and you do not know what new stupid︀ law a politician will have in mind every day.
And when they released the new︁ Elite visa plans a few days ago, at the presentation they had a slide showing︂ that the Elite visa is targeting digital nomads too... lol
 
What about your savings (not income) that’s brought into Thailand? Is that taxed now too?‌
 
It is stupid, but the Enligsh translations I have read‍ so far about the reform point out that. We will need further clarification on this.⁠ Some other information says if your country has a DTT with Thailand you do not⁤ have to, but you would have to pay the difference if your tax in the⁣ other country was lower than in Thailand. Still very confusing everything.
 
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