just more things to think about and consider, but i have to weigh up my options.Kendo.
I’m tired of visa runs!!!!
Out of interest, when you say:
How much tax would that be per month please?50K a month minimum taxable income
Last edited by Big Boy on Wed Mar 25, 2009 3:03 am, edited 1 time in total.
Championship Plymouth Argyle 1 - 2 Leeds Utd 
Points 46; Position 23 RELEGATED
Points 46; Position 23 RELEGATED
Big Boy - the tax is 7%, or 3,500 baht/month.Big Boy wrote:Out of interest, when you say:How much tax would that be per month please?50K a month minimum taxable income
Unless one's intention is to work hard and actually make money, the B-visa / work permit combination is probably not the best solution. As legal as the weather, I pay salaries of 36K, plus 10% of that in insurances, plus 3.5K for my own tax (including insurance), plus monthly accounting fees, plus about 38K yearly for the veritable mountain of renewal-paperwork - all before the 50K for own salary. If our annual audit does not show sufficient income, the B-visa will be revoked. Add to the above real expenses for office, coms, ads, transport and whatever, and you have an operation which needs to generate at least 150,000 baht monthly to support one work-permit.
There are many, however, who work and earn here without fullfilling any of the legal requirements, and the Labour Dept. doesn't seem to care very much. Working black (doing biz in the wife's/gf's name) and doing visa runs is perhaps more fun and makes more sense? I cannot be busted for working illegally, but I can get busted for not making enough money!
cd.
All that is necessary for evil to triumph is for good men to do nothing. (Edmund Burke).
Wow - £840 per annum just for the privilidge of having a Work Permit. Not really an option for Kendo I think (unless his wife's business can genuinely afford to pay him 50K per month) - especially when you take in to account the other costs you mention.
Thank you very much for that information - I've often heard it quoted, but never know how it actually equated to.
Thank you very much for that information - I've often heard it quoted, but never know how it actually equated to.
Championship Plymouth Argyle 1 - 2 Leeds Utd
Points 46; Position 23 RELEGATED
Points 46; Position 23 RELEGATED
Kendo,
No border run options ........
Marriage visa - no visa runs, easy to get yearly extensions if you have the show money in the bank. Your wife can still have a small business (that you can jointly own) like a bar, restaurant/cafe, internet shop, clothes shop, coffee shop, car/bike rental, market stall etc etc which you can spend time in with her, but not actually work. I don't know of a single business like this here where the Farang husband does not get invloved at some level even if quietly behind the scenes, but this is working illegally ofcourse. Better not to work anyway, just sit there being served beer or trying on knickers and bras depending on which business she gets.
Study ('ED') Visa - Thai language classes, no visa runs but extensions at Hua Hin immigration office every 3 months for 1,900 Baht, obtain new visa each year in bordering country (ie: no expensive trips back to UK). Potentially you can only do this for 3 years, some info says 5 years.
You have to attend a minimum of 4 hours a week but you pay for 180 hours of education per year for about 27,000 Baht. No show money in bank.
Finish class and go and have a beer in your wife's place.
Business Visa/Work Permit - If you want to work and do not have a proper employing company, ie: one with Thai staff covering your work permit etc then a Work Permit and your own company will only work if your company is making decent money as Craig's post above detailed. You don't need to form a Limited Company with Thai shareholders to get a work permit, you can form a Limited Partnership just you and your wife, but the Thai can sack you at any time so not the way to go if you're investing any sizeable money.
On the other hand some (who are not married to a Thai) look at this expense, approx. 150,000 per year, as similar to leaving the country every 90 days then flying the whole family back to UK every year (15 months) to get a new Non-Imm 'O' visa, can't be much in it.
A good idea, and you see a few of them, is to rent a 2 storey premise where downstairs can be opened up for your wife's business (does not incur any additional rent) and you live upstairs. Downstairs can be used to try out various businesses until one works, ie: salon, family style bar/cafe, internet cafe, car/bike hire, massage, clothes shop, noodle shop, ice cream parlour etc.
Good luck matey,
SJ
No border run options ........
Marriage visa - no visa runs, easy to get yearly extensions if you have the show money in the bank. Your wife can still have a small business (that you can jointly own) like a bar, restaurant/cafe, internet shop, clothes shop, coffee shop, car/bike rental, market stall etc etc which you can spend time in with her, but not actually work. I don't know of a single business like this here where the Farang husband does not get invloved at some level even if quietly behind the scenes, but this is working illegally ofcourse. Better not to work anyway, just sit there being served beer or trying on knickers and bras depending on which business she gets.
Study ('ED') Visa - Thai language classes, no visa runs but extensions at Hua Hin immigration office every 3 months for 1,900 Baht, obtain new visa each year in bordering country (ie: no expensive trips back to UK). Potentially you can only do this for 3 years, some info says 5 years.
You have to attend a minimum of 4 hours a week but you pay for 180 hours of education per year for about 27,000 Baht. No show money in bank.
Finish class and go and have a beer in your wife's place.
Business Visa/Work Permit - If you want to work and do not have a proper employing company, ie: one with Thai staff covering your work permit etc then a Work Permit and your own company will only work if your company is making decent money as Craig's post above detailed. You don't need to form a Limited Company with Thai shareholders to get a work permit, you can form a Limited Partnership just you and your wife, but the Thai can sack you at any time so not the way to go if you're investing any sizeable money.
On the other hand some (who are not married to a Thai) look at this expense, approx. 150,000 per year, as similar to leaving the country every 90 days then flying the whole family back to UK every year (15 months) to get a new Non-Imm 'O' visa, can't be much in it.
A good idea, and you see a few of them, is to rent a 2 storey premise where downstairs can be opened up for your wife's business (does not incur any additional rent) and you live upstairs. Downstairs can be used to try out various businesses until one works, ie: salon, family style bar/cafe, internet cafe, car/bike hire, massage, clothes shop, noodle shop, ice cream parlour etc.
Good luck matey,
SJ
Fine, concise post SJ, as is your custom!
One day, when I retire, I will marry, buy/invest in/create something in the good lady's name, let the wife and kidz run it while I'm busy drinking beer and trying on knickers, metaphorically speaking, of course. Might do some fishing too - put some food on the table, you know.
Kendo, if you're already married, don't necessarily want to work too hard, and can show 400K B of foreign money yearly, the O-visa with yearly renewals and 90 day reporting to Imm. has got to be the easiest way to go.
Don't tell anybody I said this, but I reckon you can use the same 400K every year too, assuming, of course, that your real living expenses are actually covered by other income.
T.I.T! Where there's a will, there's a way!
cd.
One day, when I retire, I will marry, buy/invest in/create something in the good lady's name, let the wife and kidz run it while I'm busy drinking beer and trying on knickers, metaphorically speaking, of course. Might do some fishing too - put some food on the table, you know.
Kendo, if you're already married, don't necessarily want to work too hard, and can show 400K B of foreign money yearly, the O-visa with yearly renewals and 90 day reporting to Imm. has got to be the easiest way to go.
Don't tell anybody I said this, but I reckon you can use the same 400K every year too, assuming, of course, that your real living expenses are actually covered by other income.
T.I.T! Where there's a will, there's a way!
cd.
All that is necessary for evil to triumph is for good men to do nothing. (Edmund Burke).
Hi chaps,
This forum and some of its members are totaly priceless, with the information and experiance you offer, and i thank all of you for that
The end of this week we are loosing the first 120 jobs from our company and the contract company that work along side us, this is a first in Southampton docks, never has there been redundency's and we know there is more to come, we know there is more shipping pulling out in June.
There will be more job losses, and we will loose are terms and conditions, basically by law a 90 day recindment on are contract is all we are entitled too, after that new contract, less money more flexable working and no family life, take it or leave, but we think a lot of us will be axed anyway,and not even have that option, at the moment they are trying to get staff to take a paid sabbatical for one year and keep 25% of salery because they dont want to loose highly skilled men, they just want to keep you on a shoe string.
For me i have worked there for 15 years in June and have worked in the industry all of my working life and dont know anything else, this is very worring times and everything is being thought about.
Thanks for the visa and work pemit advice, the ED visa could be a nice little number 4 hours a week to learn something i should be learning anyway and not have to show 400,000 in the bank with such a piss poor exchange rate, on the other hand when the exchange rate improves doing some sort of business may be an option for the wife, 4 km from our house is Kap Choeng Imm office and i have read on the Surin farang forum that there is a very nice girl that works there speaks very good english and is most helpfull.
I have also been told first hand, that doing the border run at Chong Chom and the IMM office is easy i even told some one on this forum to try it and they did, i also left a link to the IMM office there you can find that under Chong Chom.
For us if i lived in HH i would allways go up to Surin to sort the visa stuff and 90 day reporting and have a couple of days at our house, HH IMM sounds like a right work up from previous threads.
Once again thanks chaps in these not so good times.
Kendo.
This forum and some of its members are totaly priceless, with the information and experiance you offer, and i thank all of you for that
The end of this week we are loosing the first 120 jobs from our company and the contract company that work along side us, this is a first in Southampton docks, never has there been redundency's and we know there is more to come, we know there is more shipping pulling out in June.
There will be more job losses, and we will loose are terms and conditions, basically by law a 90 day recindment on are contract is all we are entitled too, after that new contract, less money more flexable working and no family life, take it or leave, but we think a lot of us will be axed anyway,and not even have that option, at the moment they are trying to get staff to take a paid sabbatical for one year and keep 25% of salery because they dont want to loose highly skilled men, they just want to keep you on a shoe string.
For me i have worked there for 15 years in June and have worked in the industry all of my working life and dont know anything else, this is very worring times and everything is being thought about.
Thanks for the visa and work pemit advice, the ED visa could be a nice little number 4 hours a week to learn something i should be learning anyway
and not have to show 400,000 in the bank with such a piss poor exchange rate, on the other hand when the exchange rate improves doing some sort of business may be an option for the wife, 4 km from our house is Kap Choeng Imm office and i have read on the Surin farang forum that there is a very nice girl that works there speaks very good english and is most helpfull.I have also been told first hand, that doing the border run at Chong Chom and the IMM office is easy i even told some one on this forum to try it and they did, i also left a link to the IMM office there you can find that under Chong Chom.
For us if i lived in HH i would allways go up to Surin to sort the visa stuff and 90 day reporting and have a couple of days at our house, HH IMM sounds like a right work up from previous threads.
Once again thanks chaps in these not so good times.
Kendo.
Is Bangkok a place or a nasty injury.......Eric Morcombe.
Proud to be a Southampton FC Fan.
Proud to be a Southampton FC Fan.