Quote:
Originally Posted by BJ
The thing about Thailand is people do not factor in auxiliary costs. It looks really cheap (and it can be if you want to live a non-existent life)
If you don't have some connections or a legit business here, you will inevitably lose.
Nothing is at it seems so you have to roll with it. If you can do that it's paradise.
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well to run a business INSIDE thailand is not the best idea except you have a few millions and really good connections.
but maybe you do not know about another aspect:
thailand is a high tax country and it is on the "whitelist".
it is also not easy to get a working permit for a foreigner there BUT you can own offshore comapnies as many as you want.
the thailaw ruels that this offshore income is tacxable in thailand as soon as you bring it to thailand in the year when the profit was made.
if you send this profit from your offshore to thailand on the 1. of january i.e. it can mot be made in this year.
this money is COMPLETELY and legal TAX FREE !!!
so there are indeed other factors than only sun and happyness what are speaking for thailand.