Michael *************

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Michael *************

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What steps should I take to deposit money into my Thai bank account after obtaining a NON-O retirement visa?

Michael *************

Set up a Schwab or chase checking account in the your home country… fund it with some cash… when you get to Thailand hit the ATM and withdraw 30k in baht… no fees as the refund them to you… now you have cash to set up your Thai bank account. Once setup … link the Schwab account and transfers take a day or 2 no charge.

6 days ago

Can a co-owner of an LLC write a letter to themselves confirming their remote work role for visa documentation in Thailand?

Michael *************

I created a company letter head… told them about my clients and my income to date and expected income for 2026. Then a simple caveat that I can work remotely and Thailand will only benefit from me being there as I will be spending money supporting the economy.

6 days ago

Can you stay 180 days on a DTV visa, exit, and re-enter within the same year, and what are the tax implications?

Michael *************

Technically withdrawing money from an ATM and charging your “back” home credit card is a form of remittance! IJS… also I don’t think the Thai government is tracking small pototoes. IMO

9 days ago

What are the documentation requirements for the Destination Thailand Visa regarding bank statements and freelance business registration?

Michael *************

You need 3 months seasoned bank account. You can make a statement that you are a freelancer/ business owner and that you are allowed to work remotely on a company letterhead.The Thai consulate accepted that from me.

14 days ago

What are the best health insurance options in Thailand for U.S. expatriates with existing coverage?

Michael *************

@Mark *****

you pay and then get reimbursed. The wife has done this as well.

14 days ago

What are the best health insurance options in Thailand for U.S. expatriates with existing coverage?

Michael *************

You do not need any other insurance. Your FEP insurance covers you. When you get to Thailand find care that accepts the FEP. Otherwise you will get reimbursed. My wife has been using it in Thailand and Hong Kong and has had no issues!

15 days ago

Do expats needing to file a tax return in Thailand after staying over 180 days annually?

Michael *************

@Craig ********

you should read what the Thai government considers income before you respond. And what the last 2 years of Thai tax discussions have been about! It’s a whole lot different than the western world.

4 months ago

Do expats needing to file a tax return in Thailand after staying over 180 days annually?

Michael *************

@Bryan **********

The treaty prevents you from being taxed on it twice … yes. However. If you establish tax residency in a foreign country, you might/would file a tax return in that country and then you would file your worldwide income return with the U.S. and then you would get credits for taxes paid outside of the U.S. if you had a filing requirement.

4 months ago

Do expats needing to file a tax return in Thailand after staying over 180 days annually?

Michael *************

@Bryan **********

withdrawing money from your ATM is bringing money into the country unfortunately!

4 months ago