You simply transfer 65k from overseas into your Thai bank account. I've done this for several years and never had a problem. I do get confused when people say this is a difficult process. It seems more embassies are refusing to sign the affidavit because realistically, how do they know your statement is genuine? So many good fakes around. A few years ago I bought a fake pink ID card from a forger in KSR. It passed muster easily. A bank statement from a Thai bank and the passbook are the evidence immigration requires. Is it really so difficult?

@Nick ***********

You won't be asked.

@John *******

Not reality at all. This small change in the tax law (which doesn't affect expat retirees) has generated a whole myriad of "tax experts" and internet trolls trying to frighten stupid people. And it's worked! 🤣🤣🤣. The only expats this new law will affect are the digital nomads, and do we care? 🤣

@Martin *****

Pensions have never been taxed probably because most are exempt through DTAs. Wouldn't be worthwhile Treasury trying to sort them out

@John *******

You've earned your pension by paying taxes your whole working life 🤣🤣

@Martin *****

Yes. It's in the DTA. You can access your country's DTA via the Thailand Treasury website

@Nick ***********

So just transfer the amount of money which you originally paid for the house. That's savings and therefore not taxable

@Gregor *********

I've no problem with a tax declaration because it's just a '0'. Immigration knows EXACTLY how much I've brought into the country because they get a 12-month account statement, plus the bank book, plus my Superannuation statement from Australia to prove it's a pension in transferring. I've done that for years, what makes you think it's going to change? There's been no change in tax law which affects pensions. It might affect those who use agents to put a fake 800k into an account to get an extension, they'll probably have some explaining to do, but I do everything legal, so it won't affect me

@Gregor *********

I simply follow the Thai tax law, and there's nothing in that which suggests savings can be taxed. You just said yourself "There has been nothing yet published that says the Thais will tax savings". And there won't be. Tax is about "income" from abroad. Pensions are not mentioned because I understand all DTAs disallow this (Australia certainly does), so for those of us on "retirement" visas/extensions bringing in pension money, there is no tax liability. It's that simple. You say "we have no clue", but all the "clues" are in the legislation. Nothing's changed

@Craig *******

I'm totally legal, I don't even use visa agents to pay bribes on my behalf. Totally squeaky clean, and will continue to not pay taxes because the law is on my side