@Jan *****************

thats what i said, by banked i was infering either the 400k/800k depending on which visa route he took. But yes only the retirement requires it maintained post visa issue.

As i guess your from UK, you have to use the banked method for your visa application and first 1 year extension, but even before you get your first extension start banking the monthly amount. You have to maintain the initial banking deposit for 3 months, but you can spend the monthly ones. That way you fulfil the first extension requirements of 5 months deposit , and the second extension can be done on 12 monthly deposits by time of application. Obviously as Jan said easier if you have been working here.

@Pip ****

i would open up your individual Thai bank account (not joint) and season as required, 400k/800k bht to obtain Thai visa and maintain as per the directive to get future extensions. Open a second, joint account and fund seperatly to satisfy the Australian requirement. Never a good idea to use a joint one for Thai visa, as you need twice as much maintained, and if the other party 'accidently' reduces your balance even 1bht below the required amount in the qualifying periods you can kiss goodbye to your next extension.

@Marcus ***********

its possible that it needs to be unique and there is already another property with that name already.

Have you given the property a name, which is something you have to make up, eg your Surname_home?

@Alfred **********

totally agree, but some people read or hear statements that say words to the effect 'no you dont pay tax' and take it at face value. Eg Persons at the low end scraping by on around £12k will have paid no uk tax so officially could owe tax, but thats the same situation its been for years and luckily the authorities don't spend time looking into that, and arent about to start is my guess.

@Alfred **********

sorry, most of what you say is correct, however ing Thailand has always used a remitence based tax system, that relies on anyone who has assessable income over 120k baht and tax resident to file a tax return declaring any income in the previous year including taxed/untaxed income from abroad. Under your countries DTA you can reduce the Thai tax bill down to zero hopefully with your Thai allowances, deductions and proof of tax paid and any DTA excluded items. If you (big if) file the return and have calculated you owe tax, you cut a cheque to them for it. They dont force you to file or write and ask, and dont check. But just because you dont pay doesnt mean you dont owe, and they have always had the right to check back over the last 10 years of your finances if conductan audit. But yes generally we shouldnt owe any taxes as rates are usually higher abroad. But taxed income remitted from abroad can be subject to tax.

@Steve *********

your last statement is correct as far as i remember, because the US DTA stipulates it and takes presedence. Australia i believe is the same. However lots of other countries eg UK don't have the same agreement, goverment service pensions arent taxable, but state 'social service' and private pensions have to rely on the standard tax credit method within the dta. But there is no uk tax on state pension usually (below alloance), so no credit available.

@Steve *********

sorry that couldnt be further from the truth unless you are on an ltr visa where their is no tax for pensioners. Some pension types can be excluded depending on your countries DTA, but lots of DTA's don't cover all types. Thailand doesn't tax directly, it is remitence based and upto you to declare and reduce the liability to zero by proving tax paid elsewhere exceeds tax owed in Thailand officially.You should really read the RD document in this chat and your countries DTA.

@John ********

the question was ambigious, and lots factors to consider,(see a later answer i gave), but your answer of 'No you don't' would lead people to believe there is always no tax liabilty. Your correct if you meant no withholding tax on the transaction, or you dont declare it (if its in the relevant tax year) and your supposed to. For the latter you could owe tax, just not payed it.