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.
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.
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
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.