uzynkotak
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Posts posted by uzynkotak
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Dont you have to provide proof of residency to apply for METV?
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Do you have to be in the US to apply for a METV visa from the US? What if you maintain a mailing address in the US but spend most of the time abroad, how would they check?
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I'm a US citizen, still have a few years until I can qualify for a TH retirement visa. I don't live in the US, just visit occasionally, so I don't know if I can get a Thai tourist visa in the US if it requires applying from your home country.
If I decide spend winters in Thailand, how much time can I realistically spend there each year and what's the best strategy? For example, get a tourist stamp on arrival, extend 30 days, do a border run twice and extend each time, so 180 days in total. Is that realistic? Or is it better to get a tourist visa in another country like Laos?
If someone stays about 6 months per year in Thailand for a few years in a row on tourist stamps or visas, how likely are they to get in trouble?
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I don't vibe with most Thais either.
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2 hours ago, observer90210 said:
We could argue, bat and ball for ages. I could come up with hotels in BKK costing 100 $ and others in the Canaries Islands (Spain territory just in case) or Alicante, that are 1/3 of the price. I am not trying or need to convince you. All depends where you look and what you are trying to argue.
But in general when it comes to daily shopping or groceries, health care. Spain is cheaper or similar to Thailand. And wait to see how the plan to tax foreign earnes income hits. It could change the ball game but nobody can really say for the moment. But the doubts persist and many are selling their properties.
Maybe you live in a very tight budget environment in Thailand and good (or bad?9 for you. But go to a western standard supermarket in Bkk or a costal town of Thailand., purchase say 1 big piece of salmon or a huge imported steak (spanish or NW), You may get the point. No hard feelings pal.
I've been to Canary islands and, of course, Bangkok. You are not comparing like to like. Bangkok should be compared to Madrid and Canary Islands to Thai islands like Ko Chang or Ko Samet (and Ibiza should be compared to Phuket. Ibiza is obviously a lot more expensive).
Now about groceries, they are not a huge part of the budget for many people, so it it's not a huge deal that a piece of salmon or steak costs much more in TH than it does in Spain because unless you're on a tight budget, you compare that price to the cost of going out to a nice restaurant, and it's still cheaper. Same thing with alcohol.
Health insurance can be an issue but not everyone needs medial care often enough to worry about that. Thailand still offers reasonable prices for health care.
Finally, check numbeo.com and compare the cost of living in Bangkok vs Madrid. BKK, if i remember correctly, is about 42% of NYC cost of living, and Madrid is more than 50%.
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4 hours ago, observer90210 said:
Cost of living in Spain in many domains, is cheaper then Thailand for sure, with great quality standards at a fraction of the cost. I fully agree with yøu.
What exactly is cheaper in Spain other than local wine and produce?
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5 hours ago, Bunny Silverhand said:Vietnam.
Cheap, beautiful, modern enough, nice people, easy visa policy...
Easy visa policy? What options do they offer for long term stay, other than doing visa runs and hoping they let you in every time?
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16 hours ago, Mike Lister said:
Maybe, perhaps, dunno, I think it's sensible to wait and see when more is confirmed rather than second guess and hypothesise. What I think is clear is that Thailand has a lower effective tax rate than both the US and the UK, and doubtless many other places also so I wouldn't jump ship until more is known..
The US has a much lower (or even zero) effective tax rate for most expats. If you live abroad and earn a salary, the first $110K+ per year are tax exempt unless you spend more than 30 days per year in the US. If you live on dividends or capital gains, the first $40K (plus cost basis) are taxed at 0%, or even the first $80K if you are married and filing jointly. For many retirees, social security benefits are taxed at a lower rate vs earned income.
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24 minutes ago, bigt3116 said:
The hotel files the TM30, it does not involve you in any way shape or form. So you are not dealing with any "bs" at all.
Unless they don't file it and you still need it to extend your visa
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1 hour ago, Ralf001 said:
You know the hotel does the reporting.... yeah ?
Yes, unless it doesnt
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Cause when you're rich, every place in the world can be like Thailand. Even better because n most countries in the world, you don't have to deal with all the TM30 BS having to report your whereabouts like a criminal every time you move to another hotel.
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What's the current situation with TM30 for Thai elite visa holders? If your landlord or hotel doesn't register you, can you still do yoir 90 day report? Do you have to pay a fine if they don't file it? Someone mentioned booking a hotel for one night in this case... how does that work? If the tm30 says you already checked out and stayed just one night, can you still use it for 90d report?
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4 hours ago, Mike Lister said:
CRS data is high level consolidated data, there is nothing at the micro level.
So then there is absolutely nothing to worry about for an individual. I don't know why so many people even mention CRS while discussing the new tax rules.
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1 hour ago, stat said:
Philippines and Malaysia do not tax foreign sourced income in SEA (P. only for foreigners). CRS is now in nearly all place so there are not many execptions where the government does not see ALL your accounts and revenue from those off shore accounts. There COULD be a lot of surprises in the near future as tax office learn how to use the crs data even in places like Mexico, Indonesia etc. Currently a lot of tax offices still cannot use the crs data from an IT perspective, that will change.
I am not familiar with CRS data but I have some experience with data/analytics, particularly payments/transactions. Based on my experience, I find it hard to believe that a Thai (or Mexican etc) tax official will be able to see my income, account balances etc. Even matching the data to someone's name and DOB is not an easy task given that one of the datasets would include basically every person in all the countries that participate in this exchange. Even if a tax official can see my accounts and balances at a certain point in time, they won't be able to figure out my income just based on that. Not to mention that this kind of analysis at this scale requires top 1% intelligence. something that the Thai government is clearly lacking.
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Someone mentioned that most, if not all, other SEA countries already tax foreigners on foreign sourced income. How does it work in practice? Even if those tax rules exist, i have never heard of any foreigners, who don't do business in those countries, paying income tax on foreign income.
Another example is Mexico. The tax laws are ambiguous and can be interpreted as "residents have to pay tax on all foreign income". However, in reality nobody pays and the government doesn't seem to care.
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I'm a fan of cheap tom yam and easy Thai snatch but I'm not wearing a tracking device, eff that.
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I have an American and a European passport (originally from Europe, live in the US). I'm going to Thailand for a month and both the passports qualify for a 1 month visa free entry. Next year, I'm planning on getting a Thai METV in the US, in my US passport, and spending at least a few months in Thailand. I visited Thailand a few times, never spent more than a month at a time there, never had any problems with overstay, entry denial, etc. The most recent visit was two years ago when I used my US passport. My name is spelled exactly the same in all my documents. I gave my US passport details when I booked my ticket to Thailand for the upcoming one month trip.
I am considering using my European passport to enter Thailand this time. I'm also going to Vietnam where this passport will give me up to 2 weeks visa free (not available for US citizens). Also, if I use my European passport this time and get an METV in my American passport next year, I will be not have too many Thai entry stamps in my US passport.
Should I use my European passport to enter Thailand this time? Does it make any difference? Will the Thai border patrol link my name and DOB anyway, and if so, is it possible that using one passport this year and another one next year will increase the chances of being denied entry? I am not trying to dodge the rules or lie to anybody, just want to minimize potential problems in the future given many recent reports of entry denial for no good reason.
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If 1m baht for elite visa is about 6% of your net worth, your net worth is less than $600k. It's quite a lot but how do you manage to spend time in Spain and the US in addition to living in Thailand most of the year? I'm not saying it's impossible , just curious because normally a person needs more money to afford this kind of lifestyle.
What kind of medical insurance coverage do you have that includes overseas coverage? Is it an ACA (obamacare) plan with united health care? How much do you pay for it out of pocket?
About your question, I would just get the elite visa if I were you. I'm considering getting it for myself if I decide to stay in Thailand long term.
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What does mha stand for?
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How about sleeping in a tent or a hammock? I'll just start doing that to avoid tm30.
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So..where are good deals? All i can see so far are lousy offers for next year, short haul flights.
How long can a US citizen stay in Thailand each year on tourist visas and/or stamps?
in Thai Visas, Residency, and Work Permits
Posted
Funny that you mentioned it. I applied for Thai Elite to lock in the old price. The application is still pending but I'm not sure that I will pay for it if they approve me because of all the BS with taxes on foreign income and remittances. That's why im asking about alternatives, such as spending winters in TH on tourist visas and staying the rest of the year elsewhere.