64 year old semi retired nomad dual citizenship male UK/US looking potentially to live permanently in Thailand for the next few years.
Monthly pension of 28K BHT and can meet and exceed 1M + BHT in a bank account comfortably but no active income to show at this time from actual work
I am looking to file for DTV or possibly 1 year non immigrant visa.
Opinions on what is the best option(s) and potentially the most successful?
Thanks in advance.
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TLDR : Answer Summary
A 64-year-old dual citizen from the UK/US, semi-retired and receiving a pension of 28,000 THB monthly, seeks advice on the best visa options for potentially relocating to Thailand long-term. Suggestions include applying for a Non-O (retirement) visa, which requires proof of an 800,000 THB bank deposit. The discussion touches on the implications of living in Thailand over 180 days, which could lead to taxation on remittances.
firstly its 180 days in a calendar year. Secondly only income is taxable, not savings. So you can transfer whatever you like in a year you are not a tax resident and only (assessable) income earned since you became tax resident is taxable