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ThomasThBKK

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  1. Just get an offshore loan transferred into thailand using your stocks/bonds/assets, pay it off with offshore dividends.
  2. Absolutely incorrect. Dividends paid by US companies/US index funds etc are taxed in the US already with 15% withholding taxes. Thailand has a DTA with the US and this is part of it, thus those will be tax free. Many other such DTAs exist. State pensions and co from western countries are also mostly exempted etc. The main issue is, thailand taxes capital gains of foreign stocks as income, thus having one of the highest cap gains taxes in the world... Also the paperwork ....
  3. It's not only the cost... friends, pets, home, relationships... you can have multiple houses but only one home. I have zero interest in bumming around the world these days, those times are behind me, would just be a strain on relationships, friends, family, not to mention house maintenance etc.
  4. It's a transfer from THAIS to the government. The money u waste on taxes won't be invested in actual thai businesses. Basically all they do is stealing from their own people in the end.
  5. You also had to get a tax clearance certificate right? I wasn't here but i have at least read that. Without it you couldn't leave the country - that's the real scary part. Vietnam does that too, they can hold you hostage if they aren't happy with your tax situation and block you from leaving.
  6. That's a tricky question. Withdrawing from an ATM is in general a remittance, but credit cards give you a loan that you pay back - and loans are generally not taxable.
  7. yeah like millions of other people that have a nice house or condo in Thailand, or drive a nice car, all of that stuff costs serious money here... This is always the dumbest argument people can bring on.
  8. The mean between high and low tide is used when applying for a building permit to check if the building is sufficiently away from the waterline. Every area has zoning laws that regulate that. Here in the gulf in our place you have to be 20 meters away for building up to 6m (single storey) or 50 meters for building up to 12 meters (double), 200 meters away you can build higher. There are more exceptions to this, structures under 1.2m height, like a pool or terrace, if not too big don't need a building permit, as they are ground level. That means also the distance to the mean tideline is irrelevant as long as you build it on your property. However, this waterline changes dramatically between the seasons, depending on where the wind is blowing from. That can easily make a 20 meter difference between high and low season. Usually in November/December the wind is coming from the north/west and in rainy season from the east/south. Just read one of the many coastline erosion studies from thailand like https://www.mdpi.com/2077-1312/11/5/969 Now if you got your building permit 10/20 years ago, everything might have been fine and totally in line with the zoning laws. That might not be the case anymore as erosion moved the beach inwards into the countryside, where you have part of your land. What are you going to do except the usual anti erosion measures you can do? Tear down your Hotel or Condo because it suddenly looks too close? All those houses at the chao praya river in Bangkok that were allowed to build like that in the past because zoning laws where more relaxed, tear them down? Whats there to back up? Beaches move inward all the time, beach erosion is a giant issue in Thailand. Pattaya spends hundreds of millions every where to fill up the sand with questionable results, what might have been far away from the beach 20 years ago might not look like it is today. You can check on landsmap: https://landsmaps.dol.go.th/ it gives you the chanote outlines of most places in thailand. Just look at this random chanote in Samui: Half of what people call the "beach" is on the chanote, doesn't mean the owner can't build an ugly concrete terrace with even even uglier pool there till his land border. Would prolly get the same reaction here... doesn't make it illegal tho. When it's high tide it could very well be that the ocean runs into that guys property, and if not now then it 10 years. Zoning laws are pretty clear in that area, no building (buildings - so everything over 1.2m height above ground) 10 meters from the beach. Not bigger than 75 sqm per building, you can building multiple dwellings that have a distance of at least 4 meters from wall-to-wall to still build a "bigger" house.
  9. Beaches start where the title deed ends. Its very often the case that they go inside what people call "a beach". Just because there's sand doesnt make it a public beach. There are no private islands in thailand, all you can own is a title deed on an island. Yes, it was so bad that in rainy season the borderstones were part of the ocean due to the beach erosion caused by idiots next door removing the mangrove forest and heavy rain. I had to remeasure the land via land office multiple times until we affixed the borderstones on a long metal pole 8 meters into the ground because the ocean ate them up. It got better after we installed european/netherland style beach erosion fences.
  10. If your chanote is part of the beach, yes you can. Just because there's sand doesn't make it public beach.
  11. If the chanote goes as close to the ocean as the pool then its legal prolly. Pools/Buildings under 1.2m height not over 100 cubic meters volume don't need permits. Beach might have been bigger in the past, erosion and seasonal changes happen all the time...
  12. Most likely, many DTAs like the german one only mention state/land/gov pensions.
  13. 30 year usufructs also exist and can be inherited, it's odd if they would accept a lease over 30 year but not something for lifetime tho
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