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ThomasThBKK

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Posts posted by ThomasThBKK

  1. 24 minutes ago, bob smith said:

    I’m not worried. 
     

    I don’t really care either way. 
     

    if they do try to tax me on my income earned abroad then it’s bye bye Thailand, hello sunny cambodia! 

     

    Cambodia has taxes on worldwide income. Far worse than the new Thailand laws. 

     

    Quote

    Resident employee is taxed on their worldwide sources of income whereas non-residents are taxed on Cambodia-sourced income. An individual is considered a resident in Cambodia if they domicile in the country or are in Cambodia for more than 182 days in any 12-month period.

     

  2. 36 minutes ago, SuperSaiyan said:

    There is no difference in where it is sourced anymore and it doesn't matter if it's dividends - if they are brought to Thailand, they will be taxed.

    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 .... 

    • Haha 2
  3. 15 minutes ago, John Drake said:

    I'm thinking it is, because it seems designed to catch Thais' overseas income. At least if your wife has no income, however, it will give her a cushion before any taxes are owed. My wife already makes more at her job than I do with my social security and retirement annuity. We would pay even more if I tried to transfer money from overseas to her, I'm guessing.

     

    Think there's a gift allowance of 20 mio thb per year for married couples. 

  4. 15 minutes ago, QuantumQuandry said:

    Yes, it does cost more to bounce between two places.  You are totally right.  It's an option, though.  Everyone's situations is different.

     

     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. 

    • Like 1
    • Thanks 1
  5. 6 minutes ago, NorthernRyland said:

    The deal was you paid your visa fee and now are spending money in the local economy so why do they need more money? Seems like a money grab from greedy government officials. 

     

    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. 

    • Like 1
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  6. 5 minutes ago, jayceenik said:

    was immediately hit with a new govt new Thailand taxation obligation and had to declare an artificial "income" to get a visa.

    That's when I got my first TIN.

    There was that retired American ex-UN librarian with a villa in Pattaya who got hit too by surprise and honestly (!) declared his (big) pension.

    The Thai income tax he'd have had to pay was so enormous that the tax employee he reported to agreed that he'd only have to declare a much reduced amount.

     

     

    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. 

  7. 4 hours ago, jacko45k said:

    Doubt they do, nearly all beaches are public property. I think it is defined as some mean distance from the tide line. I could not imagine something more illegal...

    Similar beach construction at   Bann sukhawadee   just got demolished. 

     

     

    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.

     

    Quote

    The analysis of future shoreline recession due to sea level rise found that 20 beaches and 32 beaches would be lost entirely under the best-case and worst-case scenarios, respectively. The future shoreline recession varied between −5 m (SSP1 2.6) to −48 m (SSP5 8.5). T

    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? 

     

     

    2 hours ago, Wongkitlo said:

    Do you have anything to back up what you say about chanote on beaches. I understood chanote was granted by the local amphurs but the beaches are crown land.  Considering people have just taken beaches for themselves I always thought it would be a money earned for enterprising lawyers starting class actions against  beach thieves. I had heard that the king owns all the land so many metres beyond high water mark but  hard to find the true story.


    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: 

    image.thumb.png.c159d95d41b48caff5ee0dded91b2e2f.png



    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. 

    image.thumb.png.00fe6febaa0ee1545898107b3a4226cc.png



     

     

     

  8. 2 hours ago, khunPer said:

    Beaches in Thailand – apart from some private islands – belongs to the Marine Department. They even took part of lands with title deed.

    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. 

     

     

     

    2 hours ago, SAFETY FIRST said:

    Never seen a Chanote with beach. 

    No such thing, don't exist. 

     

    Have you got one? ????

     

     

    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. 

  9.  

    2 hours ago, Enzian said:

    If I do nothing and the time passes, what's the worst that can happen? Just a 2K fine in Nov. or Dec. when I go out to renew I assume. Correct? Thanks!

    Yeah just a fine, but u get a really ugly big red stamp in your passport, i already have one, prefer to not get another one...

     

    Is the bumrungrad business center open for everyone or just hospital guests?!

    • Thanks 1
  10. 3 hours ago, dia1 said:

    Is https://tm47.immigration.go.th still the correct place to do 90 day report?

     

    I submitted my 90 day report there almost two weeks ago on early morning on 26/7.  The next report due date was 5/8.  Well, now is it 6/8 and I have received no approval or rejection email and when I check in the system it just says my application is "pending" just as it did before.

     

    Did they just skip over me? Is there someway to contact someone or am I just going to have to endure an emergency last-minute run to immigration tomorrow?

     

    I'm so disappointed since the last 90-day report system never worked for me, and this one finally worked the last 2-3 times. Looks like it's back to being a roll of the dice.

     

    Me too, at the same date - i did not hear anything back... which is rather annoying. Was thinking about letting the gf phone them tomorrow, if u hear anything keep me updated please

  11. On 3/19/2023 at 8:43 PM, Jenkins9039 said:

    Brits can be described as 1 pound poms (they are all broke), there is still some wealth in Northern Europeans (50+) below that they are <deleted> also.

     

    Russian's are ok (middle/upper class) it's the gangs you need to worry about.

    Absolute rubbish.

     

    There's 2.8 mio USD millionaires alone in the UK, 16.6 mio in europe. That's 26% of all millionaires, another 43% is from North America... 

    https://en.wikipedia.org/wiki/List_of_countries_by_number_of_millionaires

     

    "Some wealth" or more like most of the worlds wealth, just not desperate enough to buy <deleted>ty low quality Thai real estate...

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