It is required to have 800,000 baht to be kept in bank for applying retirement visa, now money is deposited in saving account, anyone knows :

1. If money can be used to open fixed desposit account or called term deposit account in the same bank? (Retirement visa applied in Bankok now)

2. If money can be transferred to another bank, for example, Siam Commercial and then open fixed/term deposit account? (Retirement visa applied in Bankok now)

Thank you so much.

I need to pay for my visa - how can I withdraw a large amount of money? As I can only draw 30,000 a day using the atm? Sorry if it’s a stupid question

Hi guys, has anyone managed to open a bank account with the DTV Visa? If so, which banks accept and or reject? 🤔 #banking #dtv

Concern's about new taxes imposed on imcoming proceeds from my country THAT I HAVE ALREADY PAID TAX ON &

worked hard all my life to earn.

Hi to all, Angela here , i am a brand new group member. I am a semi retired middle aged Australian trades-woman. I am not wealthy but what little means i have i worked very very hard for. Indeed no man ever gave me a razoo cent nor did i ever ask.

Having been to Thailand 3 times over the last 15 yrs i have often considered retiring there.

Now i am not so sure 🤔. I have recently learned that the Thai Gov have audaciously proclaimed they will tax the income &/ or in my case incoming disbursements of my own hard earned money into a Thai bank account.

I have already paid tax on my own money 🤷‍♀️in Australia. There is no way i am going to abide supporting such a Yak hyde of a policy. Ned Kelly wore a helmet when he rorted ya but they intend to so so with a straight face 😮.

I would really value some honest opinions on the new tax policy for retiree's before i consider Thailand as a retirement destination, 🤔🤔 Kind regards Angela

Should I open my bank account in Bangkok branch or where I’m going to be living most of the time?

If I retire to Thailand and get my pensions paid into my Thai bank account,would this income be taxed by the Thai government ?

Is there a simple way to open a bank account? Any agency can help?

A history question if I may. How long has the 800,000 requirement for retirement visas been in effect. Has it always been that figure ? Or lower beforehand ?

What a substantial benefit for Thai banks to have that in their coffers and use in the international markets to shore up the Bhat. And how many retirees pass on, or leave LOS, and those funds are never withdrawn ?

Edit, I’ve had lots of feedback on this, and nobody recommended AMEX.

However, I’ve done a bit more research? And for a platinum Amex I will get a refund ( in airports $) of the full 12 month card fee, plus a few airport lounge passes, and free travel insurance, (for up to 180 days, there is some small print on this and I can’t speak to this insurer till next week). The Mastercard has 120 free days insurance. And a ‘priority pass’ lounge membership but I think I still have to pay $35usd to use the lounge.(not interested in that).

Also, a lot of people suggested wise, (i already applied for a card). But i am not sure how best to use this to its full potential. I might be going to other countries, yet tbc.

TIA for any feedback & advice

Amex or Mastercard.

I am considering getting a credit card to put my overseas travel on. They both offer free travel insurance and air points ( from New Zealand).

The Amex has better rewards, but I am unsure if it would be as useful to me as the Mastercard. ( I seem to recall that Amex charges the retailer more, so some won’t accept Amex).

Alsobthe mastercard has free overseas ATM withdrawals ( but high cash advance fees). Has anyone been able to havk the system, overpay their balance so its in credit, and get free cash withdrawal overseas?

Does anyone have feedback?

Hi All, I'm prepping for my retirement to Thailand, I will be transferring £20k to my Bangkok Bank a/c but have NEVER transferred such a large sum internationally before, is SWIFT the best option?