Luke's 4K post: How to GTFO! (And into Thailand)

I think it's WAY better than in the US. Partly because in the US the rules for taxation and other regulatory matters are so confusing, you need to spend huge money for accountants and lawyers which makes large firms benefit the most.

That there is one of those things, I'd call it an indirect conflict of interest in the US. Legislators are almost all lawyers, so they love passing laws, the more and more complex the better. Then they and their cronies make bank on interpreting and implementing ways to cicuitously comply those laws. Just keeps growing and growing since laws never come off the books. Add on the for-profit prison-industrial system. The cancer of an overregulated society.
 


Can we please stay on topic for the sake of us actually looking at moving there. I will either be in SEA or Mexico by end of the year.

So anyone have advice on getting a multi entry visa? When you request one from the embassy you don't get the option to ask for one or not. I figured I would come with flights that show me coming and going over months.
 
Can we please stay on topic for the sake of us actually looking at moving there. I will either be in SEA or Mexico by end of the year.

So anyone have advice on getting a multi entry visa? When you request one from the embassy you don't get the option to ask for one or not. I figured I would come with flights that show me coming and going over months.

It's on the application form (pdf)

http://www.mfa.go.th/internet/consular/Visaapplicationform.pdf

In the box for official use. When you go in to apply they ask you single or multiple entry and you pay accordingly.

Better research on the rules for the length of validity as they might have changed. Used to be you could get a 60 day multiple entry tourist visa valid for one year which let you enter and exit multiple times, getting 60 days each time, for a whole year. But I read one place that they are only valid for 6 months now so after that you would have to leave the country and apply for a new visa and hope they give it to you. Not sure if that is correct as I don't have that kind of visa.
 
To clarify, US citizens still have to pay US income tax to the IRS even if they're living in Thailand as a non resident for less than 180 days. They simply don't need to pay the Thai government.

I meant to ask, what are the HK banks planning to do about FATCA?
 
Americans get so screwed over with taxes. How you can be expected to pay tax in a country you don't live in? Talk about a lifetime of serfdom. I think most countries expect you to pay taxes in the country you live in.
 
Americans get so screwed over with taxes. How you can be expected to pay tax in a country you don't live in? Talk about a lifetime of serfdom. I think most countries expect you to pay taxes in the country you live in.

Because if your gonna live here and reap the benefits of capitalism, your gonna pay your dues just like everyone else.

It's the opposite in Thailand. They don't let foreigners own anything over there because they don't want people making money off them that aren't from Thailand.
 
Because if your gonna live here and reap the benefits of capitalism, your gonna pay your dues just like everyone else.

It's the opposite in Thailand. They don't let foreigners own anything over there because they don't want people making money off them that aren't from Thailand.

You missed the point completely. Why should you pay taxes to a country you don't live in, such as it seems it is with the US?
 
You missed the point completely. Why should you pay taxes to a country you don't live in, such as it seems it is with the US?
You're missing the point. There is nothing fair, or just or equitable about taxes.

You pay, or you get beat up. If you resist sufficiently, you will be killed.

It's that simple.
 
You're missing the point. There is nothing fair, or just or equitable about taxes.

You pay, or you get beat up. If you resist sufficiently, you will be killed.

It's that simple.

Believe me I agree, taxes ARE theft, but even as far as governments go, this is pretty bad. Are there any other nations taxing their citizens abroad?
 
Taxes are theft bro. They have nothing to do with "paying dues".

That's a whole other can of worms. I'm talking about someone coming here and gaming the system where they otherwise couldn't in their own country or someone who was born here, made a shit ton of money and then left. Call it what you want and your probably right that it's theft but they are trying to stop people from gaming the system like they did back before this was a problem.

Is it wrong to tax people after they leave for years? Yea, but the government doesn't care. It's trying to plug leaks where ever they find them.

If you owned a small town and some guy from another town came over and opened up a store and took in 30% of your towns income in a year and then he left with all the money he made to go back to his old town without paying taxes on it, would you let it slide or would you at least want taxes paid on that money?


BWAHAHAHAHAHA!!!!

GTFO, peasant.

I thought you lived in Thailand and you don't realize that they hate foreigners owning companies and businesses and favor Thai businesses? Most foreigners can only own like 49% of a company in most cases.

Damn that land of freedom is so awesome like that amirite.
 
If you owned a small town and some guy from another town came over and opened up a store and took in 30% of your towns income in a year and then he left with all the money he made to go back to his old town without paying taxes on it, would you let it slide or would you at least want taxes paid on that money?
Trade is a positive sum game. You're talking about something else.

Honestly not trying to nitpick, but these people are violent criminals who will take what they want, when they want. It has nothing to do with fairness, or dues or equity or anything else.

Sure, they will tell you it is, like the church will tell you they really represent God. It's just a line of thinking for suckers.
 
Have you ever fucking been to Asia? People sleep at the street after a night out in Tokyo, I did so myself. It's as safe as safe gets. Probably the safest city in the world.

Thailand is remarkably safe to a degree where full on prostitution can take place out in the open without any of the other dangers associated with it. I have never once felt threathened walking down some dark alley in Thailand, not once felt that I risked getting jumped or beaten senseless for no reason.

The only people who get in trouble in Thailand are morons or criminals. It is remarkably free of random acts of violence and theft.
agree.. Tokyo is safe on a level that people outside the country wouldn't even understand. even shinjuku red light district , there r ppl sleeping outside bcuz drunk, missed last train or watever.. haha. love tokyo!
 
Trade is a positive sum game. You're talking about something else.

Honestly not trying to nitpick, but these people are violent criminals who will take what they want, when they want. It has nothing to do with fairness, or dues or equity or anything else.

Sure, they will tell you it is, like the church will tell you they really represent God. It's just a line of thinking for suckers.

^^ this
 
If you owned a small town and some guy from another town came over and opened up a store and took in 30% of your towns income in a year and then he left with all the money he made to go back to his old town without paying taxes on it, would you let it slide or would you at least want taxes paid on that money?

OMG you don't get it so hard. Some guy "took"? Some guy came in and sold something that people wanted so badly that they spent 30% of the town's GDP with him. As long as he didn't do it by force or coersion then that would be an enormous win-win for everybody.
 
You missed the point completely. Why should you pay taxes to a country you don't live in, such as it seems it is with the US?

Although I'm not saying that taxes are anything but extortion at the point of a gun, you could make a logical argument that money earned in the US maybe should be taxed even if you aren't living there, like interest and dividends on your US bank and brokerage accounts. But to tax people on money earned elsewhere in the world when no part of them or their earning activity ever touched anything in the US is so overreaching it is mind-blowing. And really it must be stopped somehow. So far it looks like most countries are rolling over and agreeing to report on US citizen's foreign assets. Not sure what it will take to stamp out the cancer that is the US government.
 
Great post!

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