Nick ******* - Ask Thailand

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Nick *******

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Nick *******

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What are the tax implications of the 800,000 baht requirement for a Thai retirement visa?

Nick *******

watch this. They are the experts. Specifically the conditions bit at around 9 minutes.

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What are the tax implications of the 800,000 baht requirement for a Thai retirement visa?

Nick *******

you are wrong. If 2025 if the first year you are tax resident anything earned in 2024 is not taxable. If 2026 if your first year, anything earned in 2025 is not taxable and so on.

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What are the tax implications of the 800,000 baht requirement for a Thai retirement visa?

Nick *******

@Marty ********

yes, I have.

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What are the tax implications of the 800,000 baht requirement for a Thai retirement visa?

Nick *******

@Marty ********

if this year (2025) is the first year you are a tax resident, anything you earned in 2024 is not taxable.

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What are the tax implications of the 800,000 baht requirement for a Thai retirement visa?

Nick *******

Where and when did the money come from. If you made it during years you were not a tax resident then it will not be taxed. If you made it in years you were a tax resident it will depend on whether you have already paid tax on it, and whether there is a Dual Tax Agreement in place with your country

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Do you need to use the TDAC before departing for Thailand?

Nick *******

Read the many many many posts on TDAC!! And the many many many websites. And the many many many YouTube videos. They will explain all

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What international health insurance options do expats recommend for living in Thailand?

Nick *******

clearly depends on your circumstances - you cannot say it is better for everyone

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What is the cost structure for obtaining an Elite Visa in Thailand?

Nick *******

@Pertti ************

That's a clueless, arrogant mindset. It's the same everywhere in the world where there is tourism, you always get some cheap charlies. The country will go bankrupt without mass tourism, but there is a price to pay for it. Not everyone is perfect like you.

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What is the cost structure for obtaining an Elite Visa in Thailand?

Nick *******

why?

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How will the new TDAC process impact border runs in Thailand?

Nick *******

@Garrett **********

neither was I mate - but that’s exactly the sort of thing he would say. You are like twins. You should look him up. Have a good evening. Enjoy your moderating/trolling! 👍👍

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