@Paras *******

Be aware when using an agent they have to set up a bank account in your name and they deposit the 800k for a few days. Under new tax laws you could be paying tax on this unless you can show where it came from

Retirement visas are issued by immigration offices for 2000 baht. If you want to pay baht there's lots of agents who will "help" you! 😂

Third option is doing it by mail, in which case you have to send it 15 days beforehand.

@Colin ******

No worries. The change in the Thai tax law only affects remittances which were earned in a previous tax year. That's why there's no change to pension payments, as these have always been remitted into Thailand in the same year as they were paid. So in theory they've always been "taxable" but because of the myriad of DTAs, expats on "retirement" visas have never been asked to show any documents due to complexity of pension payments and pension funds. It's never been worthwhile the Thai tax office trying to recover anything. They'd be stepping over dollars to pick up dimes, as they say. Nothing will change for pensions, because nothing has changed in the law

@Colin ******

Why do I have to convince Thai Revenue of anything? I've never had to do it in all the years I've been here, why would I need to now? I can get a letter from my Superannuation Fund which stipulates my monthly payment if suddenly (out of the blue) they ask for it! 😆

@Colin ******

Yep. Any pension or annuity is taxable only in Australia if the recipient retains Australian tax residency

@Colin ******

Except pensions paid in another country are not taxable in Thailand

In Bangkok it'll be difficult. When I switched from 800k to 65k/month, they wanted every passbook and statement, and worked it to the nth degree, making sure the 800k had been correctly deposited and that the amount hadn't stopped below the required minimum, and that the 800k had stayed in the account for two months after I'd started the 65k transfers. Pretty intense process, but I'd done it all correctly. Now I'm on the 65k method, it's plain sailing for each extension.

@Neale *********

Agent will say "no problem, give me 25,000 baht" 😆

@Phil *******

Or like Hotel California. You can check out but you can never leave 😆