thanks but I have no need for an agent. I keep 800K in a bank account. I was just making a suggestion for the person who made the initial inquiry about 65K a month, if he didn't have the 800K.
If you don't have the 800K Baht in the bank there is another option. That being to pay an agent to front you the funds. In my experience most, if not all agents offer this service. However, it'll cost you in the neighborhood of 30K Baht for your first 15 months in TL.
There is a tax treaty between the US and Thailand. I've looked it over & if you are paying tax on your pension(s) in the US, then it looks like you will not need to pay taxes on the money you transfer here. However, you may be required to file a Thai tax return and show proof that your money has already been taxed. Keep in mind that I am not any sort of tax expert so as Peter Weedall already said, nobody really knows what's going on yet.
if I am unable to figure it out on my own, I suppose I will consult with a tax professional (attorney or accountant) to help me with filing my initial Thai tax return. I've already checked on line and Thai tax returns for tax year 2024 are due to be filed March 31, 2025 if you are filing a paper copy and April 8, 2025 if you are filing electronic.
thank you for the info. I know absolutely nothing about this matter. I've been here on a retirement visa for nearly 7 years and of course I'm not permitted nor do I have the desire to work on a retirement visa. That being said, I can't help but wonder if the revenue office forms don't have requirements / boxes for information such as work permit numbers and employer information. I think I will just wait and see how this all plays out. Who knows, maybe the revenue gawds will implement new procedures / forms for old goats like me.