What are the steps for a NZ citizen to retire in Thailand and what taxation applies on pensions?

@Ron *****

Yes. I will lose some.

@Ralph ******

To get the full pension you would have to have lived in NZ from age 20 to 65. If have lived there less time you would receive th for each month you resided there.

@Darren ****************

I believe I will lose about a third.

@Ralph ******

yes

@Darren ****************

Does he get the full amount?

@Bob *********

I self insure. It was to get me across the line for the OA Visa.

@Mark *******

yes and it won’t get you you a whole lot believe me

@Bob *********

The insurance cost for my OA was 8500b one year.

@Bob *********

DTV doesn't require insurance

@Brandon ***********

All depends on individual circumstances. I'm in and out of the country continuously and I don't mean stepping over a line to step back again. I'm talking about proper international travel. The DTV kills every other stone dead for me.

@Andy ***********

the cost of border bounces alone will equal the cost of the DTV over 10 years, EASILY

@Andy ***********

the price of an LTR is a wash when comparing non-o you can get an insurance policy for 20k

@Brandon ***********

Let's agree to disagree. 50,000 baht fee? Hmmmm

@Jo *********

Have to agree with you on the Elite. I'm sure there's a lot of people who bought the Elite after the price increase would be fuming now. I get your reasons for the LTR as you're in and out more frequently than I am so that suits you, and over ten years the cost between the two would be more comparable. I'm surprised the Thai government didn't make the DTV 20,000 baht - they still would have sold almost the same amount, and made more baht out of it. I think they've undersold it to be honest

@Andy ***********

it’s 10 years, and your stamped in for 5 years. Even though I leave the country almost every month it’s security for 10 years. I got it based on remote working it was super easy. And since I fly continuously the VIP lane at the airport is very valuable to me. I am through the airport immigration in less than 10 minutes. You are right for your situation DTV is an excellent option. What I don’t understand is why anyone would get an elite visa for 1 million baht.

@Jo *********

Not sad and not miserable. Can easily get LTR. It's only $80k passive income. But why bother when the DTV has it trumped? I'm in and out of the country continuously. I haven't done a 90-dayer since covid. If you think paying 50,000 just to avoid doing 90 day reports that's all well and good. To each their own

@Andy ***********

you’re just sad and miserable because you could not an LTR. It’s by far the best visa 10 years for 50k no 90 day reporting

@Andy ***********

Some of us are not digital nomads or want to take a Muay Thai class or bounce in and out every 6 six months. And we still don’t know how Immigration is going to treat DTV’s (90 day reports anyone?).

A pensioner LTR is about the same cost as an O and no money in the bank requirements and only 1 year reports. Of course you need the $80,000/year passive income which is why I said “if you qualify”.

If you are under 50 years old and can qualify as a digital nomad and want to put up with the border/immigration requirements then the DTV is a good choice. It is a good addition to the Thai visa options. Maybe for you. Not for me. We all have choices . . .

The Elite visa is so different from the LTR and other visas that it doesn’t belong in the conversation.

@Marty ********

The DTV wipes the floor with the LTR. The LTR ranks second only to the elite visa as the biggest scam in Thailand visa history

@John *******

There's no hoping involved. The NZ DTA is very clear

@Andy ***********

ok let's hope that you are right, 🤣