Thread: Do you want Thai citizenship?

Originally Posted by William

^I'll be in Kaapstad for Xmas this year. First time in 21 years my family and I will spend Xmas together.


I'm excited

Does that mean that Santa Claus does not have so far to travel to deliver your Seasonal goodies?

Originally Posted by watterinja

I just think that one's ceiling in Thailand is really limited due to the local racist, jobs-for-pals & hold-wages-low mentality. There can not really be a long-term perspective here as we are considered at transient entities at the best of times. I'm not sure how Thai nationality would alter the 'rip-whitey' attitudes that prevail.

It's a dog eat dog world out there for the most part! Thailand is no exception.

If a person has made the commitment to stay here Thai citizenship offers a little more flexibility. Just being able to own land and a house without all the convoluted leasing or Thai company gyrations would be a big advantage.

I'm certain just having citizenship wouldn't change any of the "rip-whitey" attitudes. You would just be in a a better position to do the ripping of whitey yourself. Why only let the Thai make money off tourists?
Who knows better than a farang what a farang want's?

If it wasn't for the many farangs behind the scenes here who have citizenship and own business the place would revert back to the "jungle" in a fairly short time.

Originally Posted by William

^I'll be in Kaapstad for Xmas this year. First time in 21 years my family and I will spend Xmas together.

I'm excited

Good for you - enjoy. A pretty city/area & generally decent folks, to boot. Bring back some pics.

Quote:
(Original reply quote by William ) The Revenue Code is very clear on this issue. Anyone, regardless of whether or not they are Thai, who is a resident in Thailand for tax purposes (i.e., 180 days or more) is subject to income tax on their world-wide earnings; PROVIDED THAT, the earnings must be brought into Thailand in the same calendar year as they are earnt.

What about double taxation treaties? Most western countries have one with Thailand... Don't a person can choose in which country he or she wants to pay taxes according to these treaties?

Ministry of Foreign Affairs, Kingdom of Thailand : : Economic Agreement

^yes, they do apply. But the Revenue Code is clear on this: earn the money this year and bring the money into Thailand and you are subject to income tax.

Likewise, keep the money out of Thailand for the year and you are not subject to income tax - on the double-jep rationale.

So, if I were a retired person offshore paying tax, and resided in LoS, I'd use my pension payments from last year to live here, which would be tax free.

But then, people pay me to give this kind of advice

Originally Posted by William

But then, people pay me to give this kind of advice

And of course, if you're any good, you don't pay tax on those earnings either.