For the Aussies in this group...

Since your superannuation was 1) taxed when the money was deposited, and 2) the withdrawals are tax free (at least in Australia)

Are transfers from your superannuation into your bank account 1) tax free due to reciprocal tax agreements with Australia, or 2) taxed since they consider the *withdrawal* as having been non-taxed?

Alternatively, if the transfer went from superannuation -> Wise -> convert AUD to THB -> transfer to Thai bank account, would this audit trail suffice to support your answer to the above question?

Finally, can you recommend a good accountant in Bangkok that would be familiar with this issue?

Good news for Americans, for the first time since 2017, the USD-Baht hits 34-1

Hi All

I arrived in Thailand this year January 31st on a retirement O-A multi-entry visa good for a year. I provided my proof of monies with my US bank account and investments.

I opened up a Thai savings account in March. I wasnt transfering money to the account yet as my Social Security didnt start till July 2020.

So I think I needed to be showing 65,000 Baht transfers each month for one year when I go to extend my one year retirement, which I wont be able to show.

I do have the 800,000 Baht I can transfer into my account. OK finally the Question. How many months do I need to show the 800,000 Baht in my account before my renewal date in January 2021? Thank you.

Please can someone remind me of how much per month for international transfer to one's Thai Bank account + how much one-off deposit if one choose to use the combination method to make it to the 80K deposit for the extension for retirement ?