Mike ******
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Mike ******
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Mike ******
@Jim *******
Hi Jim. Super is different from pensions & annuities as the super fund invests in stocks, property etc & it grows an average of 7 or 8% p.a. I regard it as an investment, an alternative to direct investment in shares & property. Are transfers to Thailand from Australian superannuation also not subject to Thai tax? Thanks for your input
Mike ******
@Arisara ********
Thanks Arisara. Sure hope you're correct that Thailand won't tax transfers from Oz when the initial source is super. Yes, i would first transfer it to my oz bank account then use Wise to send it to my Thai bank account. As others said, may be safer to do ATM withdrawals. I read somewhere the tax changes are targeted to reduce Thai tax avoiders, but it's damaging their attractiveness to expats. Cheers
Mike ******
Anyone know if Australian superannuation will be taxed if money from it is sent to Thailand? I once read Thailand will require tax to be paid if the Australian tax is lower than the Thai tax
Mike ******
I dislike farangs being proud of scoring "freebies". Even if the girl doesn't ask for money, unless she's rich (which is very rare for a farang), they appreciate the help. You can be a gentleman about it, eg I'm not good at shopping so thought you may like to get something you like. Or just put the money into her handbag when she's not looking. Don't be an uncaring cheap charlie