How do expats manage their bank accounts when forced to move financial assets to Thailand?

@Steve *******

good advice.

Uk centric comment but likely to apply to many other countries.. firstly, people need to understand there is a difference between domicile and residency.. anybody born in the Uk for instance will be Uk domiciled for their entire lifetime.. meaning you are entitled to a Uk passport and will remain a Uk citizen forever.. unless of course you take action to renounce your citizenship.. eg. upon applying for citizenship in another country that does not allow dual nationality.. but your domicile entitles you to live in said country without having to apply for 'permission'.. irrespective of how long you may have resided outside your home country.. residency however is where you choose to live (or have been allowed to live) your life on a day to day basis.. and is determined by an individuals choice.. you can't choose your domicile you are born with it.. and you can never change it.. but you can choose your residency.. which many people connect solely with their tax status.. since most countries have tax rules related to time spent in said country that determines your tax position there.. but one's real residency is the address you nominate as your permanent home.. in whichever country that may be.. and whilst living longer in one country (eg. working there) may make you tax resident.. it doesn't automatically mean you are necessarily resident there.. and when it comes to banking you are within your rights to nominate a Uk address that is a family property (eg. owned by another family member) that you deem to be your home when in the Uk.. provided you have your relative's agreement of course.. and the govt or your bank cannot prevent you from using this address for all communication / correspondence purposes.. and in reality would never know you spend most of your time overseas.. unless you choose to tell them or try and register an overseas address on your account.. which is not recommended.. because as many people have already found out.. globalist companies like banks will then persecute you.. better to humour them by maintaining your Uk presence.. which extends to having at least one Uk telephone number on record with them.. such as an active mobile number that you can retrieve messages from.. which is easy enough with services such as 'expatfone' available for this very purpose.. in the end banks don't care until you give them a reason to dig into your affairs.. and outside of some quirky rules (such as the Aussie govt superannuation criteria) most govts don't either.. so you do what works best for you.. there is no illegality involved in maintaining an address in your home country provided it can be verified (eg. by a relative) when needed.. and one of the easiest ways to do this is to have your Uk driving license registered to it.. since you will then carry Uk ID that contains your Uk address.. should you need to evidence your address to any other Uk institution!

@Jarek ***********

that's terrible!! It's as tho they are intentionally trying to make it difficult for people. In Australia you have to reside 2 years prior or after recieving pension !! Even if you've worked continuously for 40 years it's *""'''*#disgraceful what govts are allowed to get away with

@Sam *******

I've been out of Canada for over 10 years, no problem.

@Steve *******

it is a recent thing with UK banks, some have started giving notice to close people accounts, that are non residents and living abroad, it is apparently to do with criminality and money laundering, so they say.....I believe Barclays bank are closing a lot down, not sure about the others, someone in this thread mentioned Santander.

@Keith *******

why did Santander close your account??

@Kool ******

yes 12 months of no transactions rule. Applies in Australia too

@To**

and regular transactions otherwise they deactivate it