@Colin ******

yes guys, I know. I am not searching for a retirement visa only. I am through with overseas Thai embassy or standing for hours in Changwatthana with Mianmari and Indians. I also paid thousands of bath to helpful helpers, but it’s the hassle and nuzzle that comes with it. It’s not really the money, even though I am stingy … lol … I would even pay for a VIP line and the years with paying a “fee” to be first in line is done.

So in 2019 I paid the 1 Mio baht for a 20 years Elite retirement visa that confirmed a tax free status as well. At least they advertised it like that.

After the Corona fake, they established a new Visa, called LTR for wealthy people or pensioners and others. For the wealthy ones, they confirmed a tax free status. That is what I am looking for.

I optimized all my assets and passive income to hold it in countries where they maintain tax exempted status for dividends, profits from real estate after 5 years and profits from direct investments or shares. That is mostly Liechtenstein, Switzerland, Hungary and Dubai.

After Thailand signed the AIA rules and ratified OECD after the WEF World economic forum 2021, they introduced 35% taxes on all and they also introduced tax avoidance with no tax exemption on nothing! So, even though for example dividends are tax free in Liechtenstein, you have to pay tax in Thailand following the new tax rules and the tax avoidance laws.

As I am getting older I decided to have a long term retirement residency in Thailand, but need a tax exempt status. I lived long years as an international traveler and can afford first class suites Emirates, but after some years, I am tired of traveling to avoid the 180 days in any of my preferred countries. I am not bragging, but hope to speak to people having some dozens of Mio Eur or usd on the account, self earned by the way, and they understand my concerns….

In my case, tax in Thailand would mean 35 Mio baht every year and this is really tooooo much, since I would pay 12% only in Switzerland and zero in Dubai. Switzerland is too cold and Dubai too hot. So Thailand is the choice for the last quarter….

So, I am looking for a tax free visa and not just a retirement visa.