James has a strange sense of morality.
Seemingly happy to cook the books of his SR operations, if it were de rigueur; creating a complex web of lies to support false residency, and thereby lying to the Dutch about residency for financial gain? Sure no sweat.
Not declaring taxable income? Fraud!
living in Cambodia but register in Thailand
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Well, if you are living abroad for an extended period of time (>8 months per year) you are required to inform the government (GBA uitschrijving NL). This will affect AOW and/or Pensioen (not sure if both or only one of them are paying out less to overseas).
You will also need to arrange for health insurance but are no longer required to have the compulsory Dutch health insurance.
The benefit is that you are not liable to pay tax in the Netherlands. (not sure how this works out if you ever move back permanently).
You still can use the banking system (the benefit is decent e-banking options and up to 100.000 Euro in savings insured in case of bank bankruptcy).
@ PSD_Kiwi: the tax department are sneaky bastards, increasingly using big data/social media/informants/etc. Fines are pretty high...
Soon Dutch police and intelligence agencies are granted permission to hoover up all digital communications and break into information systems (this can range from a simple pc all the way to medical systems). We all know that once data can be grabbed and analyzed it spreads outside of law enforcement use..... This recently happened with automatic number plate recognition which was used by the tax authorities to find out drivers who used their company car for private use.
You will also need to arrange for health insurance but are no longer required to have the compulsory Dutch health insurance.
The benefit is that you are not liable to pay tax in the Netherlands. (not sure how this works out if you ever move back permanently).
You still can use the banking system (the benefit is decent e-banking options and up to 100.000 Euro in savings insured in case of bank bankruptcy).
@ PSD_Kiwi: the tax department are sneaky bastards, increasingly using big data/social media/informants/etc. Fines are pretty high...
Soon Dutch police and intelligence agencies are granted permission to hoover up all digital communications and break into information systems (this can range from a simple pc all the way to medical systems). We all know that once data can be grabbed and analyzed it spreads outside of law enforcement use..... This recently happened with automatic number plate recognition which was used by the tax authorities to find out drivers who used their company car for private use.
Did you have a problem reading? I will not cook books. I write them.James has a strange sense of morality.
Seemingly happy to cook the books of his SR operations, if it were de rigueur; creating a complex web of lies to support false residency, and thereby lying to the Dutch about residency for financial gain? Sure no sweat.
Not declaring taxable income? Fraud!
I try to find the best LEGAL contruction. No lies. Having a living address in Thailand, doing business and living in both beautifull countries, if that is the best? What is the problem? But not declaring any income from another country is fraud and stupid. Not declaring everything is what everyone does. In Dutch we have a wonderfull expresion: " I am not more holy than de pope."
But kiiniaew is right. His information is correct. I am living in Belgium now for some years. But the double tax starts when I will recieve my pension and AOW. I already have deduction (2% for every year abroad) but when I have pension and I have earnings in Cambodia they will be double taxed.
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The only way ypu can get a non b 1 year multiple entry thai visa is to be employeed by a thai company and have a wp. Or set up ur own company and pay tax's. You also can only get a single entry non b if u show u have applied for a wp and have the paperwork. Why do u think so many people left thailand? Because they could not become legit...james123 wrote:I have been preparing and thinking this through for a long but the Thailand/Cambodian combination came today on the table.
I am thinking of living (partly) in Thailand or Cambodia for a while now. I have already a project in Siem Reap running. I can not own a Thai company and for sure I am not setting up a company with a Thai partner . So I already decided to set up a Cambodian company, which is not difficult anymore. I will do that as soon as our first product is finished.8
For the Thai visum, I did n't do a lot of research till now. It seems that a business visa is for me the best choise, although I am over 50. But having every year 800.000 baht on my bank account is difficult. I need my money to do business. My project in Siem Reap will extent to Thailand as well and does justify a Thai Business visa. With that I can be a resident and have health care.
Not telling the Dutch goverment about earnings in Cambodia is fraud and dangerous. I do not mind bending the rules a little, but do no fraud.
You Have NOt researched this very well
"We are turning into a nation of whimpering slaves to Fear—fear of war, fear of poverty, fear of random terrorism, or suddenly getting locked up in a military detention camp on vague charges of being a Terrorist sympathizer." HST
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Why you need to inform your Cambodia income to another country if you're paying legally tax to Cambodia from that business?james123 wrote:But not declaring any income from another country is fraud and stupid. Not declaring everything is what everyone does.
Do they ask in Holland every year that do you get income from another country?
Stay registered yourself in Holland, get full pension and healthcare.
Open business in Cambodia. Take healthcare/travel insurance from Forte etc.
Go twice a year show your face in Europe.
Pardon my engrish, thanks you.
Than I need a adress and house rent in Holland as well. Health Insurance is also expensive and need extra travel Insurance. And most of all... I am sick of the overregulated country. That is one of the main reasons I want to leave (apart from weather, food and complaining wife).Stay registered yourself in Holland, get full pension and healthcare.
Open business in Cambodia. Take healthcare/travel insurance from Forte etc.
Go twice a year show your face in Europe.
For business visa Thailand:
I found this on the official Thai government website:
(2) Foreigners who wish to conduct business in Thailand must provide the following documents:
- Passport or travel document with a validity of not less than 6 months.
- Completed application form.
- Recent passport-sized photograph (4 x 6 cm) photograph of the applicant taken within the past 6 months.
- Evidence of adequate finance (20,000 Baht per person and 40,000 Baht per family) for the duration of stay in Thailand
- Letter from the applicant’s company indicating the applicant’s position, length of employment, salary and purpose of visit(s) to Thailand.
- Documents showing correspondence with business partners in Thailand.
- Evidence of financial status in the case where the applicant is self-employed.
- Letter of invitation from trading or associated partners/companies in Thailand.
- Corporate documents of associated partners/companies in Thailand
I want to do business in Thailand also, but I don't want to set up a business in Thailand due to their rules. My head office will be in Cambodia and I will do business in Thailand too with that Cambodian company. That seems al legal.
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Good luck getting a 1 year non b visa.
Thats Old info
Thats Old info
"We are turning into a nation of whimpering slaves to Fear—fear of war, fear of poverty, fear of random terrorism, or suddenly getting locked up in a military detention camp on vague charges of being a Terrorist sympathizer." HST
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In my european country of origin is enough to have only postal address, no need to have actual home...james123 wrote:Than I need a adress and house rent in Holland as well. Health Insurance is also expensive and need extra travel Insurance.Stay registered yourself in Holland, get full pension and healthcare.
Open business in Cambodia. Take healthcare/travel insurance from Forte etc.
Go twice a year show your face in Europe.
Forte's healthcare insurance is also working abroad, they will medivac to your origin country or Cambodia if you get really sick some third party country.
Pardon my engrish, thanks you.
That information from the website is meaningless. If your business is in Cambodia, you will need to be applying at the Thai embassy in Phnom Penh. Here is what they list as necessary documents:
http://www.thaiembassy.org/phnompenh/en ... ation/6064
Notice you require lots of information from partner companies in Thailand. Even that is not realistic though. I suppose with enough luck and a good enough back story you might be able to get a non-B from them once (doubtful, but possible), but if you are going to want to do anything long term in Thailand they will expect you to set up a Thai subsidiary and get a work permit in Thailand.
Thailand just does not allow you to do what you are thinking. It doesn't matter what the information seems to say is possible. If you are going to get a long term visa to Thailand, you will need a Thai company and a work permit and all of the headache that goes along with that.
If you meet the requirements, you could look at setting up a representative office in Thailand with your head office in Cambodia in order to get a work permit and visa. Representative offices are allowed to issue 1 work permit for 1 Thai employee. You will need to deposit about 2 million Baht in a Thai bank account for operational expenses of the representative office during the first year. The second year will require an additional investment of 1 million Baht. The unused funds can be refunded when you wind up the representative office. Probably not possibility if you are worrying about 800,000 for a few months.
Your best bet for long term visa in Thailand if you don't like the 800,000 deposit requirement is just to pay 500,000 and get the Thai Elite visa for 5 years.
http://www.thaiembassy.org/phnompenh/en ... ation/6064
Notice you require lots of information from partner companies in Thailand. Even that is not realistic though. I suppose with enough luck and a good enough back story you might be able to get a non-B from them once (doubtful, but possible), but if you are going to want to do anything long term in Thailand they will expect you to set up a Thai subsidiary and get a work permit in Thailand.
Thailand just does not allow you to do what you are thinking. It doesn't matter what the information seems to say is possible. If you are going to get a long term visa to Thailand, you will need a Thai company and a work permit and all of the headache that goes along with that.
If you meet the requirements, you could look at setting up a representative office in Thailand with your head office in Cambodia in order to get a work permit and visa. Representative offices are allowed to issue 1 work permit for 1 Thai employee. You will need to deposit about 2 million Baht in a Thai bank account for operational expenses of the representative office during the first year. The second year will require an additional investment of 1 million Baht. The unused funds can be refunded when you wind up the representative office. Probably not possibility if you are worrying about 800,000 for a few months.
Your best bet for long term visa in Thailand if you don't like the 800,000 deposit requirement is just to pay 500,000 and get the Thai Elite visa for 5 years.
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Thai embass in pP will Only issue One single entry non b visa. And thats if u have lots of paperwork and letter showing u have applied for a wp.
"We are turning into a nation of whimpering slaves to Fear—fear of war, fear of poverty, fear of random terrorism, or suddenly getting locked up in a military detention camp on vague charges of being a Terrorist sympathizer." HST
It seems that you both are right. The tip I read was a couple of years old and things have changed. And, it is just the paperwork I hate
What I found out:
I thought Dutch Health Insurance was mandatory, in most countries it is, but not in Cambodia.
My pension will be cut, but since I have been living some years abroad, it will be cut anyway. It will still be enought to cover minimum living costs in Cambodia. The rest I have to save or earn.
So I just will live in Cambodia. I am looking at health Insurance now. Still want to do business in Thailand too. But that is for a little later.
And about the taks in Holland.... As long as I don't have a pension, I don't have anything to declare. We will cross that bridge when we come to it.
What I found out:
I thought Dutch Health Insurance was mandatory, in most countries it is, but not in Cambodia.
My pension will be cut, but since I have been living some years abroad, it will be cut anyway. It will still be enought to cover minimum living costs in Cambodia. The rest I have to save or earn.
So I just will live in Cambodia. I am looking at health Insurance now. Still want to do business in Thailand too. But that is for a little later.
And about the taks in Holland.... As long as I don't have a pension, I don't have anything to declare. We will cross that bridge when we come to it.
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I have no idea what sources you review for information nor what your exact plan is.
If it is simply to leave the Netherlands behind you sell everything there or throw it in storage/ship it over, file your tax papers, deposit a form at the town-hall that you leave the Netherlands, apply for health insurance in Cambodia, optionally: inform Dutch embassy of your new address.
01. Health Insurance
I don't think health insurance is a lot cheaper over here and of course you will no longer receive a tax benefit (zorg toeslag). I would search the forum for A+ (might have changed names) as they have decent coverage and premium. I never filed any claims so not sure how they deal with that.
02. Tax Liability
Have a look at our lovely tax office:
https://www.belastingdienst.nl/wps/wcm/ ... oenrechten
When you emigrate and already built up pension you need to file a form and pay tax in advance over this money. Failure to do so and they will come after family members/heirs once you died....
Also see: https://www.belastingdienst.nl/wps/wcm/ ... _nederland
Once emigrated you need to pay tax if you have income from:
- A job in the Netherlands
- A Dutch pension
- Real estate in the Netherlands
If you have income from any other sources outside of the Netherlands this will NOT be taxed.
If it is simply to leave the Netherlands behind you sell everything there or throw it in storage/ship it over, file your tax papers, deposit a form at the town-hall that you leave the Netherlands, apply for health insurance in Cambodia, optionally: inform Dutch embassy of your new address.
01. Health Insurance
I don't think health insurance is a lot cheaper over here and of course you will no longer receive a tax benefit (zorg toeslag). I would search the forum for A+ (might have changed names) as they have decent coverage and premium. I never filed any claims so not sure how they deal with that.
02. Tax Liability
Have a look at our lovely tax office:
https://www.belastingdienst.nl/wps/wcm/ ... oenrechten
When you emigrate and already built up pension you need to file a form and pay tax in advance over this money. Failure to do so and they will come after family members/heirs once you died....
Also see: https://www.belastingdienst.nl/wps/wcm/ ... _nederland
Once emigrated you need to pay tax if you have income from:
- A job in the Netherlands
- A Dutch pension
- Real estate in the Netherlands
If you have income from any other sources outside of the Netherlands this will NOT be taxed.
Thx a lot. didn't know that. I live in Belgium now for 13 years and have my business here, so I am not paying Dutch taxes.
I will sort it out with the pension rights. Didn't bother about it beacuase I do not have pension in the next 12 years.
I will sort it out with the pension rights. Didn't bother about it beacuase I do not have pension in the next 12 years.
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