What are the tax implications for transferring a UK pension to Thailand after two years of residency?

An individual transferring their UK pension (1 million THB) to Thailand after two years of residency may encounter various tax implications. The UK typically taxes pensions above £12,500, but due to the Dual Taxation Agreement, if the pension is taxed in the UK, it may not be taxed again in Thailand, contingent on proving prior taxation. Tax credits could be claimed against Thai taxes for the amount already taxed in the UK. Based on allowances, a significant portion of the pension (around 600,000 THB/year) might be tax-free in Thailand. It's essential to keep documentation like pension statements for verification, and obtaining a non-resident tax code from HMRC could eliminate UK tax obligations.