@Alfred ****

one year Muay Thai is expensive

Another posting with no answers or responses 🤔

@Marty ********

85% I don’t remember but you must have other income. I thought, maybe I’m wrong it started at 50%. Also probably depends on amount of SS to. I don’t suggest living on ATM but I know many retired people, not in Thailand that refuse to open a local bank account. They live on credit cards, ATMs and wise or western union. Some been doing it 10 years or more. But I understand each argument

@John *********

if you only had SS and it’s exempt you have to still file a return with no taxes due?

Wow

I’m confused 🫤

@John *********

ok let’s stay you have retirement income and savings. How do they know the difference?

So let use around numbers:

You have $50,000 sitting in usd savings account and every month you get $3000. You don’t use a bank account in Thailand to live. You use atm withdraws for cash, credit cards for groceries and pay rent in cash or transfer. How do they track this? I know you suppose to file but if it says income from overseas would it be $0. The people on retirement using an agent don’t probably use money in a Thai account to live so they are living like I stated above. To me income vs money are two different things. Yes retirement is considered income but in USA I think only 50% is taxable if no offer income maybe less I forget. So, if on social security without other income you probably pay no taxes. How does that work

DTV is sweet if you qualify and no changes

Unless they enforce taxes on stays over 180

@Todd ********

I have not taken the step yet, putting money internationally. Diversity for me is stocks bonds money market

@John *******

800? would be a little over 2000 per month. Or did I miss something. If you offsetting with interest not a problem otherwise first year a little expensive. is like the middle range. I’ve seen people pay . The benefit really comes year 2 and beyond because renewal with agent is half price

@Todd ********

ok. Opening a bank account is a big pain in butt in Mexico. Yes, I think last year saw 9% in Mexico. Yes if you put money in Mexico during Covid years you would have made 9% plus another 20 or 30% on exchange over the last 3 years. Peso hit 25 to 1 in 2020 and this year and last year went down to 16.5. Big difference. I bought used car and had for 3 years and sold for more than I bought it because of exchange rate and inflation.