Hello, any ex pats in Thailand? Looking to maybe retire there or spend 2-3 months a year there soon.
How do you expect the new tax changes to affect you? The tax on worldwide income for revenue earned prior to Dec 31, 2024.gggmann said:
We have a house and farm in Surin and a condo in Pattaya. I'll probably buy another condo in Pratumnak or Jomtien for longer stays once I retire.
For $10-12mil Baht you can get a very nice place. Keep in mind that foreigners cannot own land, so unless you or your spouse has Thai citizenship you'll need to create a Thai company of which you can own up to 49% (split the other 51% between 2 Thais) and use it to purchase the land. There is some risk w/ that, but many people do it.
I'd advise to rent for a few months in any place you are considering buying property.