Thailand new change - world wide income at Thai tax levels to be taxed

[wellington]

Can honestly say in my time being in Malaysia, never really even noticed it was islamic, as it's not really in your face, especially in KL, Penang, even Langkawi, few elements such as beaches, etc or food sure but it's not like say the middle east/gulf, rather laid back.

Besides if you want Bali is always a option (not islamic)

 

[wellington]

I'm currently looking for real-estate in Cape Town, for part of the year, solves a few of my issues.

 

[Markus92]

If you are with a family with kids can understand yes + agree to live in a very muslim country (for asia), ok.

Otherwise I dont see. KL is very boring compare to BKK. Penang nothing special and not so developed/attracted either compare to the competitor places..

I am single and it is ok for me. Malaysia is a Muslim country but I don't feel it. I can spend more than half year in Gergetown or KL and less than half year in Phuket. Better Malaysia than Europe

 

[scooterguy]

The first few times one goes to KL it seems boring and too Islamic.

Once you start knowing where to go, you realize KL is not really Muslim, especially when 45% of the population are of Chinese descent.

Single people can easily date Chinese girls, which are abundant in shopping malls, gyms, etc.

I still think Thailand is superior though, but KL is a pretty solid place to live or spend time in.

 

[Markus92]

The first few times one goes to KL it seems boring and too Islamic.

Once you start knowing where to go, you realize KL is not really Muslim, especially when 45% of the population are of Chinese descent.

Single people can easily date Chinese girls, which are abundant in shopping malls, gyms, etc.

I still think Thailand is superior though, but KL is a pretty solid place to live or spend time in.

The biggest minus is the lack of lady boys. Except this it is ok

 

[toums]

The biggest minus is the lack of lady boys. Except this it is ok

GO Philippines then

 

[wellington]

New Update: https://www.nationthailand.com/business/economy/40043831

1. Corporate Income Tax: The government is considering reducing the corporate income-tax rate from 20% to 15%, aligning with the Global Minimum Tax (GMT) framework. This aims to make Thailand more attractive to international investors and bring the country in line with global taxation standards.
2. Personal Income Tax: A dramatic proposal suggests lowering the personal-income-tax rate from 35% to 15%. The primary objective is to incentivise skilled professionals to work in Thailand, potentially attracting global talent to the country's growing economy.

 

[yomboloz]

New Update: https://www.nationthailand.com/business/economy/40043831

1. Corporate Income Tax: The government is considering reducing the corporate income-tax rate from 20% to 15%, aligning with the Global Minimum Tax (GMT) framework. This aims to make Thailand more attractive to international investors and bring the country in line with global taxation standards.
2. Personal Income Tax: A dramatic proposal suggests lowering the personal-income-tax rate from 35% to 15%. The primary objective is to incentivise skilled professionals to work in Thailand, potentially attracting global talent to the country's growing economy.

If this does get voted in, it wouldn't be for 2025 but maybe for 2026 or onwards right?

 

[TheCryptoAnt]

okay but who want to live there and spend 6months+ there ? except some 'chill' families?

KL slaps hard what u talking about

 

[wellington]

KL is ok...

SGD much better

HK is heaven.

 

[toums]

KL slaps hard what u talking about

Compare to BKK? really?

KL is ok...

SGD much better

HK is heaven.

I had dinner tonight with 5/6 mid 30s european guys (into crypto); they lived in HK for 6years (2015-2021), and until now in SGD.. some move in BKK now.

All same feedback :

HK changed a lot (more negative now).
SGD boring AF.

 

[TheCryptoAnt]

HK is heaven.

HK is f*cking heaven indeed.

Compare to BKK? really?

no lol BKK wins obvs but we are having this conversation through the lense of 'tax reduction'

 

[wellington]

I had dinner tonight with 5/6 mid 30s european guys (into crypto); they lived in HK for 6years (2015-2021), and until now in SGD.. some move in BKK now.

If you don't adopt the cultural differences....

 

[JackAlabama]

regarding HK, how do you think it is for western passport holders in case the nutjobs expand the war to China?

I could foresee my accounts blocked etc in HK if the US and as a consequence the western vassal states would put sanctions on China, as China has to retaliate and implement the same.
SG, ID, MY, TH and even PH seem to be much better in that regard, whereas Laos, Vietnam and Cambodia might be more prone to pursue the same.

 

[wellington]

regarding HK, how do you think it is for western passport holders in case the nutjobs expand the war to China?

I could foresee my accounts blocked etc in HK if the US and as a consequence the western vassal states would put sanctions on China, as China has to retaliate and implement the same.
SG, ID, MY, TH and even PH seem to be much better in that regard, whereas Laos, Vietnam and Cambodia might be more prone to pursue the same.

Depends on nationality.

If American yes, if British 'perhaps', if Australian 50/50.

UK would be used as the 'peace-maker', Australia would be a direct threat (launch pad), US is the nemisis.

A lot of these things are dealt with through back-channels.

I.e In Thailand i have three routes to the Head of State for the UK to harvest if Thailand was turning to say China (long-term relationships, or relationships via family).

Similar in HK/China through business partners, etc, a lot of calming down things is done via back-channels via relationships.

The US Never learned to harvest its civilian relationships abroad, the UK has soft-power specifically because it does.