Do Australians living in Thailand need to inform their banks about their residency status?

Question

Hi , I really appreciate everyone’s input and time, thank you 🙏. For those Aussies in the group, did you need to tell your Aussie banks you are no longer a resident here ,, I am planning on using a family member add & this is also my Oz tax resident add ,  cheers

Ask Thailand · Answer

The discussion addresses whether Australians residing in Thailand need to inform their banks about their changed residency status. Responses vary, with some participants indicating they haven't notified their banks and continue using Australian addresses for banking and tax purposes. The importance of retaining Australian tax residency and maintaining access to services like pensions and Medicare is also highlighted.

Ant *********** · Answer

Aussie been in Thailand 2 yrs

No I haven’t told my bank

Although in their App you can add in where you are .

I use friends address for all my things that need a physical address

I can sign into MyGov & ATO if / when they contact me .

Kenneth ******* · Answer

Why are you no longer a resident of Australia? If you are not bye bye pension

Ian ******** · Answer

and I use a mates address in Australia.

Ian ******** · Answer

leave a trace in Australia.

a bank to receive your pension.

a driver's licence.

Access Medicare.

Stephen ******** · Answer

Definitely not! I retain Australian Tax Residency and have no intention of ceding it to another country!

Do Australians living in Thailand need to inform their banks about their residency status?

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