Hi folks,any Australians been asked by their Australian banks (mines Westpac) to provide a Thai Tax Identication Number?
I'm a retired pensioner on a Non O Retirement Visa and have been here over 180 days.
The request came about ..apparently..because I registered a Thai phone number..linked to my Thai bank accounts.
Sounds a bit serious as they're saying that they could block my account..in Australia..if I don't provide the required information.
Any feed back is appreciated .
TLDR : Answer Summary
A member of an expat community in Thailand inquired whether Australians living in Thailand, particularly those with a Non-O Retirement Visa, have been asked by their banks to provide a Thai Tax Identification Number (TIN). The request by Westpac, in this case, stems from new compliance requirements related to tax residency and international financial reporting. Several commenters shared their experiences, confirming they've faced similar requests due to the 180-day residency rule, and mentioned the implications under the Common Reporting Standard (CRS). Some expressed skepticism about the legitimacy of such requests, while others provided reassurance after complying with their banks.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.