Why everyone is leaving Thailand (What does it mean moving forward)
ฝัง
- เผยแพร่เมื่อ 16 เม.ย. 2024
- In this video I discuss why some of the foreigners and people who have lived in Thailand long term are starting to consider other countries or move back to their countries as a result of recent progressions to rules and regulations in Thailand. If you guys have anything you want to add or if you have any questions for me you can ask me in the comments section and I will try to answer them in my next video.
#thailand #expat #foreign #thai #travel
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24 years and I am now looking at where next. Vietnam is looking better for me business, visa, tax and future wise. Thailand was wonderful, but it has lost it's shine...time to go.
Don’t get me wrong I still love Thailand, this is just a discussion so I can get some other opinions on the subject
@@Jarod_Abroad So do I, and have several businesses and properties, but there are just better options beyond Thailand. I will always keep a house there, but I am mobile enough to take advantage of other options. Best regards.
@@phuketprivateisland441 Have you ever been to the Far East?
@@Jarod_Abroad Define what you consider the far east?
South Korea and Japan
The visa situation is the main reason we don’t stay full time
Don’t get me wrong, there are ways around it. However recently I have seen allot of people consider other countries as options and people who have been here for a long time already decide it might be time for a change of scenery. I will always love Thailand though
Visa, ahahahahah nothing has changed @@
They don’t want you to stay full time, they aren’t as stupid as western country’s who have destroyed their social cohesion with multiculturalism
@@Jarod_Abroad which countries would be better than Thailand ? I don’t know any
US citizen here, who visits Thailand for 2 months at a time (maximum stay using the Visa On Arrival option, the extends for 30 days = 60 days, total). Thailand is making it easier for Russians to stay longer- I believe they can stay up to 90 days with a Visa exemption, so the result is an explosion of Russian tourists. The numbers are staggering.....about 435,000 in 2022, then 1.5M in 2023 and even more expected in 2024. From a casual perspective, Thailand has become "Russian dense" in tourist areas, especially. My guess is that the pro-Russian Visa policy combined with immense pressure for Russians to leave their country has resulted in significant issues in Thailand not fully realized by the government, e.g., higher prices, transportation/traffic issues, etc. The "Russia Factor" is certainly one aspect of the problem that is motivating international tourists to choose other destinations, IMO.
I think the whole Russian visa thing is financially motivated and they realise that there is a large population of Russian people who do not agree with or don’t want to participate in the war for a variety of reasons. Now although this does only apply for the tourist visa, personally I wish they would make it a bit easier for people of all nationalities to do things like start a business here etc. with all that being said I love Thailand and it will always be one of my favourite countries! 😁🙏🏻
@@Jarod_Abroad Agreed- seems like Thailand (and other SE Asian countries) would benefit a great deal by providing longer visa stays, since so much of their economy depends on tourism. Maybe I'm missing something? But I agree, Thailand is wonderful.....even with the crazy traffic, etc., it's still a favorite.
Russians get more time than Americans. That's offensive.
Yes I am not living in thailand anymore, been here and have a thai wife for 20 years but the visa situation is driving me out..
doesn't having a Thai wife give you full citizenship?
@@Defathomize Why ask such a stupid question? Learn about a country before you make foolish assumptions.
@@Defathomize No.
A Marriage VISA is the cheapest and easiest way to stay long-term in Thailand. How are you being driven out?
@@MrEye4get Marriage visa is the cheapest way to stay in Thailand? lol. Tell that to the thousands of foreigners who were cleaned out by Thai wives. Why would anyone want to stay in a country where the people hate foreigners and try constantly to rip them off? You've lost your mind.
The visa reasons is why I chose the Philippines plus the English even if Philippines is a bit more expensive than Thailand. I could stay in the Philippines for 3 years without leaving on a tourist visa and just extend. Also Philippines welcomes us foreigners and make it easy for us to stay, Thailand is give us your money and leave we are not welcomed but tolorated.
They should just put up a sign at the airport .
@@captureitlive what do you mean
@@ntech1507 That the Philippines is more welcome
I have not been to the Philippines yet, but I would say I do prefer Thailand to Laos, Myanmar or Malaysia. What would you say are the biggest differences between Thailand and Philippines? Thank you for sharing!
That's exactly why I'm considering the Philippines now I'm here over Thailand
After 30 years of trying to live in Thailand (i speak Thai) I found Cambodia very friendly and convinient.
I want to travel there too when I have a chance, can you recommend any places in Cambodia?
@@Jarod_Abroad Siem reap is cheap and friendly.Ideal size. I took a bus from Kao San rd. 8 hour pleasent ride.No problem at border. Cambodians very friendly.
Use your mobility. Explore. Siem Reap and Penang are awsome. If you like nightlife, SR is ok.
What does it mean when you say trying to live in Thailand. You either lived or didn't
@@VeteranxxxINF Had a company, had a legitimate business, never got a 1 year visa that I was entitled.
EVERYONE isn't leaving! People have always visited and later left for many reasons. The new tax proposal is focused on foreign-earned income brought into Thailand, NOT income earned in the country. All money earned in Thailand has always been taxable. Not everyone pays taxes. It is sad that Thailand doesn't offer ways for people under 50 to stay legally in the country. No one knows the future, so don't bury your head in the sand hoping things won't change. Do your research, stay informed and plan accordingly.
Its just a discussion on the direction of life as an expat in Thailand and what will happen in the future. But yes there will always be new tourists and expats. Starting this discussion is part of me doing research. However I will add that Thailand is still one of my favourite countries 🙏🏻
That's not true. You don't pay taxes twice! Wrong information!
From what I understand, all the details haven’t been released yet. Can you explain the new law a bit more then?
Yes, explain the tax law to us. Please elaborate more.
@@Jarod_Abroad If you don't know the details, why are you lying?
@@CaptainKremmen What exactly am I lying about?
@@Jarod_Abroad Thailand has tax treaties with 59 other countries. To suggest they are suddenly going to rip those all us is just ridiculous.
You make it sound like it’s a catch all. Foreign sourced income brought into Thailand was always subject to tax if brought into the country in the same year. But in the case for many, if not most foreign nationals, Thailand has dual tax agreements with around 60 countries, the provisions of which will often preclude Thai authorities ability to collect tax on income if it has already been taxed in the country of origin.
Do you think they will keep the dual tax law moving forward, and if you are in Thailand how do you feel about the whole situation? Thank you for your insight on the subject!
@@Jarod_Abroad Thailand has dual tax AGREEMENTS with a number of countries that affect the nationals of THOSE countries. If you want advice for a specific fact based situation...seek it out and pay for it.
@@Jarod_Abroad Well, I am pretty sure they will retain the double taxation contracts.
Because otherwise all other countries will think the Thai Government is not trustworthy and nobody will sign any contract with them again.
@@Jarod_Abroad Probably, it's an international standard.
exactly ... as a local thai, foreigner can leave thailand for whatever reasons which is very much understanble ... but not when they mentioned about taxation ... that simply gave me chuckles. Thailand started having the first DTA (double tax agreement) with Sweden in 1963 and over decadess, that's expanded to over 60 countries now ...
Hi Jarod and this is my 1st time watching your clip. I am also an expat living here for 8 years or more and I can empathy with your view. And if you love Thailand as much as mentioned, option you have is to move to maybe Cambodia which is very relax in entry and costs just for experience or tax reason and wait out for the tax rules to be more precise/clear. I am staying put because I am on retirement Visa and is still not as clear pertaining to taxation. Hope this can help. If you happen to be around or travel to khaoyai, let's meet up for coffee😉 thanks
I mean I haven’t decided I will leave yet, this is just a topic I have recently been seeing allot lately where people are considering moving to a different country that have been in Thailand for a while already
The heat and pollution is what is making me think twice about moving there.
The heat is absurd right now, it’s supposed to be the wet season soon but it’s still scorching hot here 🫠😤😂
@@Jarod_Abroad not to mention the horrendous humidity
I love Thailand but air pollution in the region, humidity, and visa issues are very difficult. Will consider this place great for short stays or vacations during good air quality months.
@@512COD Bingo. It's a shame because I love Thai food.
Love the channel man! Keep making videos you seem honest and relatable!
Thank you, it means allot! 😁🙏🏻
I've been curious about the world situation right now where would you like to live in SEA if another great W happened or suddenly another pandemic? Having seen the issue comparing this and that where is better place to live short or long period of time, as a Thai I'd would like to know. Peace.
So far Thailand is still once of the best countries to live in in my opinion, I love it here I just wish they would make things a bit less complicated for foreigners such as setting up a business etc. my next favourite country so far is South Korea. But with regards to your question I am not really sure where the safest place would be in the scenario of another pandemic or something of that nature. The thing about Thailand is it’s very crowded and there are many big densely populated cities here, as like many countries in SEA. I think 3 factors in that scenario would be quite important:
1.self sustainability.
2. Geographic location (And political relations)
3. The amount of people.
Great information my friend thanks for sharing this with us. 😊 Cheers from 2 Canadians 🇨🇦 living in Mexico. 🇲🇽✌🏼🥰
You are most welcome, but if you are planning to head to Thailand I can’t recommend it enough. Just if you plan to stay there long term consider everything you will need to prepare and certain compromises you will be expected to make. All the best! 😁🙏🏻
The border run limitations apply only to visitors who have not obtained a visa before hand and are entering the border by land. Those who arrive at the airport without a prior visa will still be able to get the 30 day stamp up to 6 times per calendar year
Thank you so much for sharing! I was under the impression it was only 2 times per calendar year?
@@Jarod_Abroad if I read it correctly , that applies only to visitors entering from the border by land.
@@sjw4life546 So technically you should be able to leave and come back via airplane after your second land border run?
@@Jarod_Abroad yes
@@sjw4life546 Thanks! Is there any topic regarding Thailand you would like me to make a video on in the future?
NOT EVERYONE. It’s not true. Don’t create hype just for content. Things change, People change. As time goes by, Thailand may not be suitable to some people, but it’s vice-versa too, some people become not suitable to Thailand.
Obviously not everyone is leaving, I know the topic is polarising but it’s just a discussion about the direction that life as an expat here is heading in in the future. If you read the other comments you will see there are allot of mixed opinions on this subject. Personally, I still love Thailand
would you recommend working full time in Thailand as a westerner for e.g. an international company or being your own boss? how did you do it?
I would recommend either starting your own company or working online. I work online because I travel quite frequently, but if you plan on only being in Thailand I would still recommend it so that you can still travel within the country because there are probably a few different places that you would like to go to in Thailand and being able to work online will just give you the advantage of staying mobil. Hope this helps!
How long have you lived in Thailand? And can you speak Thai?
First went there around the time when the pandemic started, and yeah I can speak Thai. At the moment I am in Vietnam though 😁
Pattaya still pretty crowded. Condo rental prices high and hard to find a nice 2 bedroom condo below 20,000 baht in pattaya city😢
Keep in mind it is High season, but there are still some good condos which are quite affordable 🙏🏻
It's the same old story, rinse and repeat. I did 8 years and will never go back. ALL of my circle of closest expat friends have left Thailand -- every last one of them; from the UK, Australia, U.S., EU, Canada, and South Africa. They* are not going to incentivize it for you, ever. They don't want you there. (Don't you feel it yet?) I spoke fluent Thai. Nearly all in my group of friends were married. None were sexpats. We all had work permits or were retired in one case. All paid Thai taxes correctly. It doesn't matter. They want your money, but not YOU.
*Thailand is run by the ethnic Chinese minority, mostly from Teow-chu families who make up around 12% of the population. (They speak teow-chu Chinese dialect at home and Thai only in public and around Thais.) These Chinese minority families own and control 88% of the land, capital, and assets in Thailand. All of the prime ministers for the past 50 years came from these families, as do most of the top army generals, and major crown company CEO's. They operate as an in-class or clique and do not want you around.
In Latin America there are several countries in which we, as an expat, have RECIPROCAL property rights. We can own land and a house in our own name. A permanent residency visa is quick and straightforward. There is a real welcome. My expat friend Nomad Elite, who also left Asia permanently for the same reasons you have delineated, set up his company there several years ago and does some excellent comparison videos. Highly recommended, especially, are his videos on Vietnam, Thailand, and Malaysia.
It’s funny that you say that because I actually know one of those families personally 😅. Right now I am in Vietnam but my video’s moving forward will be less about political and socially based topics and more about actually showcasing what life is like here and more travel oriented. I am however extremely interested in what is happening in Thailand because it’s a place that is quite close to my heart 🙏🏻
Is this actually a new trend - people leaving Thailand? Do you have any actual statistics on the matter?
Go to Cambodia. So simple to get 1 year visa. One and done. It’s also a beautiful, friendly, inexpensive alternative with its own rich culture and history. Siem Reap is amazing !
I have never been there but I might make a trip there soon, I have been to Laos though which was very similar to Thailand in some regards. Thanks for the recommendation!
@@Jarod_Abroad cheaper. More freedom. No drivers license needed for 125 cc scooters and under. No police checks. Siem Reap is amazing. Great people.
@@sean13 No license for under 125cc? 😳 Are there any areas or cities you can recommend in Cambodia?
Shianoukville is ruined. Lots of waste management problems nationality higher crime in Cambodia.
@@stephenanthony7164 yeah not was great in 2018. After that it was overrun by Chinese people building casinos. Siem Reap is amazing though !!
I think the main reasons are the earning and the permanent living visa. Jobs are hard to find. Long term visa is not easy to acquire.
There are ways to do it but it’s a bit of a hassle unless you are willing to line some pockets. Personally I wish it was easier to set up a company here, but I’m certain that it is still easier than in some other countries 😁
I fully understand you. I decided last year spring for Elite Visa 5 years; in Q3 i extended it as the programm changed and to secure the conditions. Having done it, four weeks later the new tax regulations were announce. I regret to a certain degree the decision for the Elite Visa. Now i might only stay 179 days during a year. It will be burden on my relationship.
Why only stay for 179 days?
@@Jarod_Abroad Because if you stay 180 days and longer during a year (days in sum) you will become a tax resident. Then you have to file a tax declaration. If you stay less you can bring your income into Thailand without being taxed. So one strategy could be stay less than 180 days and bring in as much money as you can and then you can longer in the following years. Because then you do not bring in money. At the end we have to wait how all is applied.
Elite Visa is a total waste of money. Guess you aren't good at 3rd grade math.
@@m.s.7711 You need to check with the staff at Thai Elite VISA. Taxes (if any) are calculated differently.
Thailand has double tax treaties with many countries.
If you pay taxes in one country you don't pay them in another.
I see, so what is exactly implied with the new tax regulations?
@@Jarod_Abroad It depends on the country where you earn your income, where you live and what treaty they have signed.
If you love Thailand that much, pay taxes and stay. Does it not work like this…if you are from the UK for example and work overseas and stay out of the UK for 270 days / 9 months, you can be tax domicile?
Does this not apply to most nationalities?
Of course, and there are plenty of things they have in place that I strongly agree with but when it comes to things such as setting up a company it is a bit more complicated because you are expected to make quite allot of compromises that I don’t fully agree with. It is still an amazing place though so they are compromises that allot of people are willing to make😁🙏🏻
Just a quick question: "How can Thai government get into your foreign bank account?" 🤔
I am not sure about how it will work, but I believe that they have agreements with other countries, from my knowledge you are supposed to pay taxes after you have been in a country for more than 6 months and I am not sure, you might have to declare it yourself. The new legislation is a bit unclear but it is said that any money earned from within Thailand will be taxed. To be honest I don’t understand it either haha
I am not sure about how it will work, but I believe that they have agreements with other countries, from my knowledge you are supposed to pay taxes after you have been in a country for more than 6 months and I am not sure, you might have to declare it yourself. The new legislation is a bit unclear but it is said that any money earned from within Thailand will be taxed. To be honest I don’t understand it either haha
@@Jarod_Abroad first of all there are double taxation agreements, so relax. 😉
Second: yours (and others) actions should not be made on unclear information. Otherwise it will be much more costly - you will pay with your life (moving out, doing what you don't want to). So better use your money to obtain that information and maybe make a video about it?
We have the saying: "The worst death is from being scared." (freely translated as en is not my mother tongue)
You need to set what do you really want in your entire life..Then God will lead your way.. Open your eyes, open your heart to positivity... Avoid negativity..
Well said! 🙏🏻
Everyone is leaving Thailand? Where are all of the Thai people going then? Over the border to Cambodia?
No they will go to my heart because I love Thai people haha and Actually Thailand, Cambodia and Laos used to be the same country called the Kingdom of Siam.
Elite visa ia an option but expensive for the most , you can get an muay thai visa , you need to do some training (on paper) but you never need to fight in the ring
I met a man like you in a restaurant in Chiang Mai. He told me about his visas questions ...my final advice was : "if you want to stay in South East Asia the best you can do is you stay in Thailand, Laos, Cambodia, Vietnam,Indonesia,... two times two month a year...then you are only in a permanent holiday maker status"......If you are a REAL digitad monad, it will not be a problem.....if you are a young man wishing long term stay, it will be one for sure. I dismissed the other options easily.
Now I’m in Vietnam, but Thailand is also still a good option. This is just a topic that I can see shaping allot of long term resident’s opinions. Either way I still love Thailand.
Philippines is number one for visas in the world!🌎
Foreign earnings stashed abroad remained blissfully untaxed. However, the new year has ushered in a paradigm shift. Now, all foreign earned income brought into Thailand by tax residents, including expats, is subject to personal income tax.
As far as I understand you will be taxed twice on the money earned and even taxed on pensions for those who have retired?
Also how do you suspect this will impact the exact community in Thailand?
@@lemonfarmthailand Like I said I don't really understand the new tax law, that is partially why I started this conversation. But thank you for sharing more information, everybody is welcome in this discussion
You dont know what you are talking about. Its BS
@@Jarod_Abroad No. Not double-taxed. If you are taxed (still undetermined how that will be assessed), you will only pay taxes on the difference between taxes paid in your home country and (higher) Thai tax rates.
I 'll be moving there in november,from simi valley, so it works out good
I couldn’t recommend it enough, I love bkk
Been there, done that. Never going back to LIEland. Thais hate foreigners, prices are are now too high. Everything changed for the worse.
In 2016, tourism accounted for 17.1% of Thailand's GDP. The global average GDP contribution is 9%. The average tourist stay for less than 10 days in the kingdom, and they spend much more pr. day than the average expat and nomad. High spending, short time tourists is what they want. You have to realize that Thailand is pay to play in your age bracket. If you want to stay and not be harassed by immigration, you need to get the Thailand Privilege Visa(formally called Elite Visa) It will set you back 5000 USD/year. A education visa is another option, but it might be harder to purchase Thai Privilege/Elite after a education visa stay.
The Elite visa is a bit costly for the average person though, even setting up a business is here is quite complicated
Cambodia could function as a cheap alternative home base in SEA. The visa situation is much more relaxed than in Thailand, and fixers can get you a long term business visa. I think this is becoming more and more popular. From my understanding, it is possible to stay up to 6 months of every calendar year on tourist visas or visa exemption stamps in Thailand. So you could cross two times into Thailand by land yearly, and with the new airport in Siem Reap, flights will probably drop in price. Making transportation costs very low.
@@vannkopp286 I will definitely consider it! Have you ever been to Vietnaam and what does the situation look like there if you have?
Elite Visa is one of the worst financial moves possible. Also, tourism data only counts actual tourism but does not count the money spent by expats and those who send month to their girls. Count that and we are talking 30% of GDP.
Its also difficult once your money ia gone and you still wanna stay then without creditation or skills in demand you cannot get a job.
Taxation: The US Tax Code gives a 100% exemption for taxes paid to foreign countries. Thai taxation would make a difference for US taxpayers whose incomes are so low that they pay no US income tax, but that's it.
Thank you, do you know anything about the updated regulations and how it will work? 😁🙏🏻
Mate i've been here 20 years, every visa you could think of, not everyone is leaving what you talking about lol mate get an elite visa and you're done.
Seen as you have been here for quite a while already, could you offer some insight as to how the visa situation has changed in recent years and what you think will happen moving forward?
I would love to obtain an elite visa but I don’t have 900k-2.5m to invest in a visa
@@Jarod_Abroad Personally i dont think it's changed as much as it's enforced. Probably the biggest changes were years ago with the ED visa cause everyone was abusing it (me included). Right now i think the biggest abuse is with Business Visas. What people are doing are setting up a biz online then having a company in Thailand to get them a biz visa. A lot of youtubers are doing this scam right now. If you dont know a company here who will do it you can set one up for around 200,000 baht. which would get you a visa and work permit. But that's not really a change it's been going on for ages just more people are using it. Honestly I think the biggest changes are the costs, it's a lot more expensive for visas now than was before. But you know what mate? Dont think anywhere else is easier long term it ain't, Thailand is the easiest place to live in Asia on a budget, Singapore if you have money. People always say they are moving to cambo they are done with Thailand, most those people are brokies who have failed in Thailand. Honestly my advice to you is only spend 6 months of the year in Thailand go to vietnam,cambo for the rest stay in your room till you're making enough money to come back to Thailand permanently.
Elite visa is taxed the same as all others, did you watch at all
@@parasitius Mate no one is leaving for tax obligations, I'd dare guess the average farang lives on 50k a month. Have you done the math? I've been here 20 years and every single year is the same title just on a different medium, but yet there is more foreigners here than ever. Everyone is not leaving
@@Jarod_Abroadthere has been very few visa changes in the 20 years I have been here
About the tax, main target are NEW retirees and traders/investors. Just keep your money in the Bank somewhere outside of Thailand and only take what you need.
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You may need to spent more time reviewing the new tax regulations. If I remember correctly, you don’t have to pay double if your income has already been taxed in the origin country! It can be credited for deduction in Thailand tax.
.
Paying to the country where you stay long term seems fair to me, because you also use the infrastructure just like locals.
Yeah some parts I do agree with, but things like setting up a business are unnecessarily complicated. I guess they do have to draw some boundaries with the amount of tourists and the “caliber” of some of the demographic they are dealing with. Either I will always love Thailand 😁🙏🏻
Yeah it’s the weather hot summers
Yes
I got an elite visa and I am considering leaving in a few years time. This time they are closing the “loophole” for remitting foreign income targeted for rich Thais (they claimed but why are we counted as tax residents while they didn’t forget to carve out LTR visas?!). Afraid that in a few years time, they may close another “loophole” and global tax all of us. 😅
If you have already invested in the elite visa why are you considering leaving? Also is there any other country that seems like an attractive option for you?
@@Jarod_Abroad they will tax me 35% if I remit my offshore income into Thailand…. Frankly all southeast Asian countries have their own strengths and weaknesses. Maybe I will consider Malaysia? Or maybe apply for LTR visa here instead? Will see. Still have a few years before running out of Thai baht 🙏🏻
@@vincentyao6929 From what I hear Malaysia is quite expensive compared to Thailand although I don’t know much about how their taxes affect foreign nationals. Thank you for sharing!
@@Jarod_Abroad from what I know the costs of living are lower in Malaysia but it is much less vibrant
@@vincentyao6929 Have you ever been there before, and if so how was it?
Got to admit I’m not hearing many people outside of TH-cam talking about moving on. I’ve been here 25 years and this comes up every 5 years or so. But I admit things aren’t getting easier for foreigners but have zero plans to move on.
I have been seeing allot of people consider places like Japan and Indonesia instead, personally I can’t relate to Indonesia being better in my opinion, and I’ve never been to Japan so I can’t really wage my opinion. But I still consider Thailand one of the best countries in Asia 🙏🏻
The implications of the new tax laws are still unclear. Absolutely NO effort was made to clarify the law before it was promulgated.
This is always the case, they change their laws every 6 months, I understand that they are dealing with an extraordinary amount of foreign nationals trying to live in Thailand and they need to take necessary precautions but it does make it very complicated if you happen to be one of those foreign nationals haha
No Law has been promulgated. If you want to find out what the rules will be go to a Tax office and ask the questions.
leave it to greed and politicians. When things move along nicely then it is time to do something about it. World wide phenomenon.
Yeah, it’s unfortunate but it’s the reality 🤷🏼♂️🙏🏻
The thai tax thing is only talk at the moment, it has not been legislated,
Do you know if they actually plan on implementing it?
Foreign doesn't work out very well in Thailand specially in Southern Thailand
Hi Jarod. I have holidays in Thailand every six months (at most 30 days or 45 days on special year with visas exempt) since many decades (except two years 2019-2020) and I follow news about such subjects. My main comment is , please read carefully : "the tax law enforcement might not be applied to you (and others) if you declare taxes of your incomes in your home country which has a tax agreement with Thailand". In fact, you have that information in youtube Integrity Legal Thailand videos. One point I remind is : "are you (yes/no) a tax payer in Thailand ?". Clearly related to "do you have a clear worker status ?". The best you can do is contact a lawyer in Thailand to set your status. I know the "digital nomad job" is clearly a problem because if you get money on a thai bank...you cannot be differentiated from money launderer and no proof it is a retirement pension.
Yes I understand that, I just didn’t understand what the new regulation would imply or how it changes the current circumstances. Thank you very much for sharing your insight though! A point I didn’t get to touch on in the video was also about the difficulties of setting up a company in Thailand as a foreigner, which is a whole conversation in and of itself
i miss thailand soo much and can't wait to travel back.
I love Thailand too, you should come back before the Russians take over haha 🙏🏻
@@Jarod_Abroad Personally, i found the russians to be the most pleasant travelers in thailand. Them and australians but maybe just me.
why you not trying visit Philippines its easy to get a visa
I really want to come check out the Philippines, it looks stunning but one thing I am a bit concerned about is that I saw some areas aren’t exactly as safe as here in Thailand. Could you offer some insight about what it’s really like?
At the moment yes...can change tomorrow.
@@Jarod_AbroadBoracay island, Cebu , Davao all safe
As belgian guy, the main ( I mean : the only ) problem is the visa.
Yeah, well if you looking for medium to long term visas I would say the best thing you can do is an Education visa if you are not ready to retire or get married to a Thai national 😁🙏🏻
Perhaps the new government is tired of seeing so many Farangs in khao san Road, or on Koh Pang An.
A while ago the way round immigration rules was to get a Buddhist study visa, which was extendable forever, but that requires you to live in a Temple, meditate day after day, and live a good life by buddhist standards.
Debauchery is universally frowned upon and I think the whole Khao san road/ Koh Pangan subculture is only there because they have created an environment that caters for it.. It’s not to say that all foreigners indulge in that sort of behaviour.
Thank you, I actually haven’t heard of the Buddhist study visa yet. I might explore this topic in a future video! 🙏🏻
@@Jarod_Abroad Hi Jarod, the Buddhist visa has terms and conditions attached to it.
You will need to get a letter from a Buddhist Monk or Abbot saying that you wish to study Meditation, and you present this with your visa application.
You will be required to move into a Temple, where you will be fed and housed for free, but a gift makes your intention more clear.
Much of your time will be spent learning and practising meditation, which is a very useful skill to have in your toolbox with the World in such a mess, and you will be allowed to travel snd sightsee.
Visas are still only issued for 6 months, but can be renewed in Georgetown Penang, Malaysia at the Thai Consulate.
Having your letter explaining your desire to practice Buddhism in a Temple should at least give you time to see whether you like it, or find another place to live.
Penang is very multicultural, with excellent street food stalls and cheap but quality accommodation in backpacker dormitories.
I loved my time in Thailand so much, but I loved Penang just as much for different reasons.
It has Chinese, Indian, Malay and British background, with the town ordered into residential areas and temples etc according to race.
You may be able to get work for a tourist organisation, but will need to brush up on your native language first.
I'm in Australia, and every time I go anywhere, I stop off in Bangkok or Singapore as it is a short quick flight to Penang.
You can get there in Thailand by using the southbound train and getting off at the first stop across the border in Malaysia, which is called domething like Butterfield.
Good luck, be careful of marriage for benefits as the bride's family will all have a claim to any money you ever own.
Other places I have visited a lot are Copenhagen and Amsterdam, which are both a joy because of the people.
I wish you well
@@Jarod_Abroad Let's not confuse Koh Phangan with Hat Rin (the beach were the full moon parties happen every month). Koh Phangan is a fantastic island, with stuning beaches. There are many Thais from Bangkok who own big houses there. The island has excellent infrastructure, one of the best islands in Thailand in my opinion.
The police didn't care about Had Rin, they have recently going after people that is working there illegally without work permit that has nothing to do about Fullmoon Party@PauloGaetathe_original
why not try Philippines, everyone is welcome to come and experience the hospitality of the Filipinos.. you'll never know in few months time of staying there you will have a significant increase in your subscriber... its like working with leisure
I would love to, why would it increase my subscriber amount though?
The 90 day thing can be really stressful.😳
Yes, I mean they have their reasons for the systems in place but surely they can make it a bit easier for people who have already followed through with immigration procedures, from what I heard there is a way that people can do you 90 day for you but I am not 100%. What has your experience been?
just pay agent to do it. its worth every baht
I have no idea why its stressful. You take your papers. Go to immigration. Hand them your documents. They stamp it and you are out of there. 1 day in three months is peanuts. Nothing stressful about it
First off... You need to get your facts straight about taxation. They are the same as any other country where if you earn money there you pay tax!!!
If you have money from abroad and it's taxed abroad and if they have a reciprocal tax agreement with that country like USA for instance, then you will not get taxed.
The rate foreigners will pay is usually a lot higher than what the thais will pay. Could be as high as 40% whereas thais pay 10%
To make sure of any details see a specialist who actually deals with Thai taxes! Don't just go by TH-cam Videos!!!
Also in Thailand to actually do TH-cam as a Business you will need either a WORK PERMIT and/or a WORK VISA BY LAW!
Try the Philippines for change. As they say, "More fun in the Philippines". Just a suggestion, from CA.🤩
I would like to go there some day, but honestly I have my sights set on the far east next.
Come to Malaysia..we welcome u here
Thank you! 🙏🏻 I will definitely go there some day, I want to go see KL, could you recommend some other places in Malaysia?
I like only Penang
Youre an kidding, everyone is not leaving !!!!!!!
Of course there are allot of people with investments and people new to Thailand, I think this discussion is aimed at people who have already been here for a while, personally I still love being here. This is just a discussion of what life as an expat in Thailand will be like in the future 🙏🏻
Foreign pensions won't be taxed. 😊
This video is unhelpful, and only adds to the misinformation about the tax topic. New rules, laws, whatever, NEVER EVER end up working out as foreigners imagine that they will. Often that's because tourists rely on barstool advice rather than reality.
This video is me starting the discussion about how the new regulations will affect us and the fact that you say that the rules never end up working out is exactly what I mean by the fact that it is unclear what the future holds. You say it is misinformation then go on to confirm exactly what I was talking about in the video. Either way this is just a discussion not me giving you advice on how to navigate the ever changing immigration system in Thailand. Even though things are a bit uncertain I do still love Thailand and I understand that they need to adapt to the amount of foreigners they are dealing with as this isn’t any small task, I think they are doing quite a good job actually
Go to the Philippines, they are English speaking people and you don't have to have a translator. You can buy a condo in the Philippines. You can have fun there and TH-cam channel grow more over there.
I actually just flew to Vietnam yesterday, will release the new video today or tomorrow 😁🙏🏻
@@Jarod_AbroadVietnam isn't the Philippines. Could you comment on weather in each place and capture present conditions vs historic and ask natives their opinion in each place.
@@ronzombie6541 sounds like a good idea, ask them there opinions about what though?
@@Jarod_Abroad the weather and if it's changing. How is this year compared to last? If visiting for a month what is best time weather wise, etc.
I’m going to Mexico
I still love Thailand, but I just arrived in Vietnam 😁🙏🏻
Thai Government doesn't understand that if someone living in Thailand spends annually the same money like 50 Tourists.
Thats not necessarily the case for some expats it might be more and for some it might be less, but my question is why would they not incentivise foreigners opening businesses here which are supposed to promote the economy and provide more work for local people… I still love Thailand though 🙏🏻🇹🇭
They do incentive foreigners to open up businesses, the business just needs a local partner... it's the same in many other developing countries...
Have you looked into the smart visa? I'm looking to resolve the visa issue you described through attaining this visa. It's the cheapest option you can get, if you're willing to start a business...
@@Sjrsz Yes actually I have heard of the smart S visa, it is extremely interesting. Have you ever seen the Smart S visa program at “True Digital Park” in Bangkok?
Penny grab and Pound foolish .
I don´t think so, a Pensioner from USA or Europe ? many just have a littel SS pension on 1000-2000$ a month, many don´t have enough to get an Retierment visa (need 65000 Bath a Month) So how can that be more than 50 Tourist ? High Spender Tourist spend many hundreds $ or more a Day. (from S Korea,Japan,UAE,Ect)
I'm reading the comments section and It is all over the places. LOL - Come to xxx, it's better here and so forth.
Yeah, allot of conflicting opinions, personally I am unbiased I just wanted to understand the situation a bit more. But now I came to Vietnam haha
"Why everyone is leaving Thailand"? Perhaps you should provide some actual numbers since you title baited us into watching.
Perhaps you misunderstood, it’s not that everyone is leaving, but more so why the people that do leave, leave? To be honest with the amount of tourists coming there every year and the amount of people that stay there on tourist visas it would seem like an insignificant amount of people, but it’s more aimed at people who have already been there for a (while 4 years +) and why they decide to leave and about the compromises you are expected to make if you intend on staying there long term or intend on setting up a company there etc. My intention was not to bait anyone, sorry 😁🙏🏻. I also want to add that I love Thailand dearly. How long have you been there for if I may ask?
Thailand is overly protectionist, it has kept prices low but it has also kept Thais poor. Regarding the tax thing you should be paying tax, you are living here you are not on a holiday so you benefit from infrastructure and service's and why should you not contribute.
Yes, as far as I understand nobody know how the new tax regulation will really work yet. That is one of the main motivations for this video. Personally I still love Thailand from the bottom of my heart 😁🙏🏻
People find reasons to move from anywhere. After all, they left the country where they were born... It sounds like some are valid, others are just excuses
Well said 😁
Thailand want to grift as much money from foreigners as they can. Theyre incredibly money hungry.
I wish I could say it wasn’t true but in places like Phuket it is just so obvious, I can’t really say the same for Bangkok, people there are also super friendly and still one of my favourite cities in the world it’s mainly just south side that they view foreigners as ATMs to be fair they also over charge domestic tourists not just foreigners
NOBODY IS LEAVING !!!!!
This is just a discussion of how life as an expat will change moving forward. Thailand is still my favourite country and probably will always be 😁🙏🏻
Everyone is not leaving Thailand.
Who is everyone , you & 3 old Pattaya drunks ???.
I don’t associate with people like that, but no. This is just a discussion.
There will not be any tax for foreigners who want to stay in Thailand, exept on retirement visa. There are no taxes on other visas like family visas, students, or tourist visas.
So, the best visa is the family visa.
Is the family visa the same as the marriage visa/ Guardian visa / or if you have children in Thailand visa? (I can’t remember them all haha)
That's wrong. Every person who stays more than 180 days in the Kingdom is a TAX resident!
As far as I know, LTR is one of two exceptions.
@@wolfgang3026 Nothing at all, the concern is that people might be paying taxes on money they have already been taxed for. Although I don’t really understand the new regulation that well to be honest. It’s a big motivating factor for this video, to start this discussion .
There are double TAX treaties.
Wrong
Most of Thailands gdp come from foreigners? Where do you get your statistics, 18% Is a lot but not most of it.
I think I mean to say the biggest contributor, but even that might be wrong 😅. Anyways the point is that there is a fair amount that comes in from foreign contributors. Sorry if I made a mistake
@@Jarod_Abroad It's alright, i see what you mean. But you should get your numbers right when you're making a public video. Cheers mate!
They have become greedy. Move to Kampuchea for more affordable living, less taxes and overall more welcoming to digital nomads/foreigners.
But I love Thailand 😂
Visa
What a load of nonsense! How long have you lived here? What are all these visa changes you talk about? If you personally have to choose visa types or swap & change visas frequently this does not equate to the visa system changing. Border runs have always been a method to circumvent he visa process by taking advantage of the letter of the law - so relying upon these runs has always been a risky undertaking. Now taxes; give us specifics about these taxes that are forcing you out?
And my advice to all these people, or 'everyone', as stated in your title; if you are upset or frustrated living here then don't put yourself through any more pain, don't stay here and whine - just simply find somewhere you'll be happy and move on.
I think you misunderstood the purpose behind the video. If you have lived in Thailand for a while you would know that nothing here is as straightforward as it seems, for example setting up a company has so many things that you have to make compromises on even if it promotes the growth of the Thai economy. I would not have thought twice about this topic if I didn’t love Thailand, but I regard it as a home away from home so these are topics I like to explore. There are allot of polarising opinions on this subject as you can see in the comments section, personally I still live Thailand I just want to discuss the future of life here as an expat 😁🙏🏻
@@Jarod_Abroad I admit Jarod I have no experience operating a business in Thailand, or the complexities of this, but if this was the point perhaps your video title should be more specific to reflect this aspect of your video. I hope you can find a hassle-free means of staying here. I think for your age business or marriage are your only options.
Can I also say this is common for most countries in the world. You and I cannot just go and live in America or England or France. All countries in the world have restrictions on period of stay or immigration/citizenship requirements
@@TheThailightZone Yes, I was considering opening my company in Thailand but I can only technically own 49% (there are ways to make sure that the other owners who have to be of Thai nationality don’t have voting right in the company) but yeah it should be a whole video in and of itself. And no haha, I think the title is on point with what I talk about. People are definitely leaving Thailand but maybe not everyone and each person that leaves there will always be more coming in. It’s not to say that there aren’t options to stay there it’s just about what you are allowed to do and certain compromises you are expected to make that take away some of the incentive. For example even if you have a company that you have set up and you have a work permit, you are still limited to only doing certain tasks within your own company from it’s initial conception even if you are the owner you have to designate most of the tasks to Thai people.
Come Malaysia!
I want to go to KL this year or next year
@@Jarod_Abroad Hoping to see you in KL my friend. All the best
Thailand might not fit for foreign
You are not being double taxed, what lies you spreading !!!
Nobody really understands what the new tax regulation means moving forward, that is a big motivating factor for me starting this discussion. It is about the direction of what life as an expat will be like in the years to come. Not “spread lies” 🙏🏻
There is no double tax. You paid there, no needs to pay here. This is fair.
What is happening with the new regulation then?
Actually, the way these treaties are written is subject to interpretation. Some tax professionals imply taxes owed to Thailand are based on taxes (credits) paid in your home country. Say you pay 22% tax on $80,000 back home. Thailand's tax on that amount (~3m THB) is 30%, so you would be liable to pay the 7% difference.
Everyone leaving Thailand?Speak for yourself ,mate!Plenty of foreigners are eagerly moving to the country!
Well of course many people are coming here, I think this is more aimed at people who have already been here for a while, for various reasons. I know the subject is polarising, but it’s just a discussion about the trajectory of expat life in the future.
You have no idea what your talking about, don’t know where to start, so I’ll leave it there
Yes, that’s partly the reason for me making this video, I was hoping some of you guys could help me understand some stuff like what exactly is implied with the new tax regulation 🙏🏻😁
This guy does not know what he is talking about. Of course you have to pay taxes on monies you earn from a company in Thailand. You do not have to pay taxes 2 times. Yes, visas can be difficult. The majority of their GDP is not from foreigners.
Thailand does not promote or encourage immigration. They already have 65M people. They do not need any more people. Thailand is being constantly invaded by foreigners. Consequently they have strict Visa rules.
He is also incorrect as their are more foreigners invading Thailand now than ever before.
Yes, you are right! I don’t understand the situation that is exactly why I am asking people who do to give more information 😁🙏🏻
You only pay taxes on income if you are in Thailand for 183 days a year. That excludes most long-term tourists who go to Thailand to spend the winter.
Then it depends again on your home country. If the taxes are very low there, you may have to pay taxes in Thailand.
If your home country has a double taxation agreement with Thailand, things look different again.
For the few who are affected by this tax reform, the difference will be due. If you pay 20% on your income in your home country, but the tax rate in Thailand is 37%, then you might have to pay 17% (the difference) in Thailand.
The question is how do the Thais distinguish which money is income, which is possibly a pension, which is in the pension of state employees who are not allowed to be taxed, which money comes from savings, which money has been borrowed?
This tax story doesn't concern me. I pay much higher taxes in my home country than in Thailand, I wish I only had to pay tax on my income in Thailand :)
But I'm curious how the Thais will recognize where the money comes from. Or whether you want taxes on money that is “imported” into the country using a credit card when you withdraw it from an ATM in Thailand, for example.
The matter is still completely opaque. There are other YT channels that have already included Thai lawyers and tax advisors in the video and even they don't know the answer to everything.
It is primarily still against Thais who earn millions and billions abroad, see the Redbull family, and hardly pay any taxes in Thailand.
The visa situation is not the problem for me either. But I don't plan on living in Thailand 12 months of the year either. It's usually 5-7 months a year and I don't see a visa problem for me.
60 days with tourist visa + 30 days extension.
Then 1-2 border runs for 1-2x 30+30 days.
Then get out of Thailand. Sometimes there's no border run at all, just a month in the Philippines, Cambodia, Vietnam or Laos.
Last year at the beginning of October I flew to Thailand for 90 days, then spent a month in the Philippines and then another 60 days in Thailand. I do this every year and have never had any problems. I'm not overdoing it with visa-free entry or border runs.
Isnt there an new Visa now for digital nomads ? I think so or they announced but never realized it.
Thai SMART Visa
The SMART visa for Thailand is perfect for skilled workers, investors or start-up entrepreneurs.
It is valid for 1-4 years, which you can renew after 60 days before the expiration date.
The SMART visa costs €269 per year.
I think the Thais know exactly what they are doing. The country has far too many tourists. That's when you start sorting things out and only letting in those who are the most promising.
everyone 😂😂 only guys who can not afford or are too weak
Thailand is great but it's not the only place to go in Asia. I sense they're anti foreigner and they want you to come leave your money, then leave so go elsewhere......... separate emotion from reality !
Where are other places you would recommend in Asia and why?
@@Jarod_Abroad I used to work in Hong Kong but I've travelled in and out of Thailand for years. Malaysia is alright, depending on your passport they'll give you 3 months on arrival. Take a day trip to Singapore and they'll give you another 3 months on return, no fees. Then there's Cambodia which is cheap but a bit too primitive for me. Vietnam is the best in my view but they're tight arses with the visa. 3 months no extension, you must leave the country.
Indonesia, forget it, same with Papua New Guinea unless you want to get eaten. They still have cannibals.
@@robertnicholson1409 I’ve only been to the Airport in Singapore 😂 but I would love to actually go out and explore the country. I’ve been to Jakarta, on Java, in Indonesia (it was madness and it scared me away from Bali. And so far no other countries in South East Asia have caught my attention the same way that Thailand has. Could you tell me a bit more about Vietnam?
@@Jarod_Abroad Vietnam ? Just go and find out for yourself and it's cheap.
@@Jarod_Abroad Vietnam. Great place, folks are friendly, beers cheap.....better than Thailand. I'd just go !
I suppose the Thai authorities dont want indigent people hanging around ....
I can’t blame them, Thailand does attract quite an abstract crowd. Although not all young foreigners are the same. And about the type of people that come here, if places like walking street in Pattaya or Khao san Road didn’t exist to cater for those types of tourists then there wouldn’t be as many of them. But also would Thailand be the same without the crazy places?
Bye bye :)
I still love Thailand! I am just talking about the way things are heading for life as an expat in Thailand 😁🙏🏻
its simple as to live in Thailand, aahahahahaahha funniest vid i have ever seen, ahaahahahahahahaahah
Its just a discussion, if you read the other comments you fill find many polarising opinions some that agree with you, and some that don’t. Personally I still love Thailand I just don’t feel that the long term incentives are there with regards to doing things like buying land or setting up a business. Not just getting and ED visa every year and pretending like you are learning Thai or doing Muay Thai for 10 years in a row. But thank you for your contribution to the discussion 🙏🏻
Oh, you are just another Thai "expert" , you must be "fluent" in Thai too !.
I love Thailand, and yes I can speak Thai. But I’m by no means a “Thai expert”. You may have gotten the wrong impression but this is a discussion about where life in Thailand as an expat is moving in the future.
Everybody is not leaving. I am staying. Stop generalizing. You are not qualified to give Tax advise. Thailand has the best Visa system. I suggest you do much better research about all things in Thailand. The issue that effects us the most is Farlangs behaving badly. Like assaulting a police officer, or kicking a Thai Dr in her back. Or fighting with a Cab driver because you are not allowed to smoke. Speeding on a motorcycle without a license, without a shirt and without a helmet. Learn about the Thai culture and learn the language and life will be much better for you. You cant go to he U.S.A or Canada or England or Australia and get a year visa as a retiree. I dont know of any other country where you can get that
Im not giving you tac advice, I am starting a discussion about the direction of life as an expat in Thailand and how things will change in the coming Future. There are allot of conflicting opinions about the topic at the moment and I would like to understand it a bit better myself 🇹🇭