Can I ask a question on this topic? If not, then just don’t answer, or mods delete this comment)

I am selling my house this year and move (a big part of) the funds to Thailand to season 800k or a bit more. When I sell the house I will make a huge profit, in 2024, so will this technically be considered income 2024 by the Thai government? Will my money transfer be taxable?

@М. ***

Agreed. Transfering with a service like Wise and taking with a local card is definitely the smartest wat.

@М. ***

Then use the Wise or Revolut card in an atm. You will still get better rates than any exchange.

I can well understand why they questioned you in Singapore. They want to assure that you will be able to leave Singapore again just like other countries also check whether you will leave after your visa ends. So they see you do not have a valid visa for Thailand anymore, at least it seems so, and thus they ask questions. Perfectly valid and part of their job. I wish there was working border control in Netherlands… (or should I say “in EU”?)…

@Gaëtan ******

superseded regulation is superseded regulation. ;)

@Graham *****

Thanks, mate. I am depositing 800k right away, possibly/quite likely even more, just to make sure that my wife has some cash in case I go first. But I want to enjoy a few hobbies which under Thai law will qualify as ‘work’, so I will need a work permit. Thus starting on ‘marriage visa’.

But my motto is “Failing to plan is planning to fail” so I am thinking about a what-if situation if the visa would need to be converted to ‘retirement visa’. Hence the question.

BTW: Reading all the stories about Jomtien I am happy I’ll be in another neighborhood. ;) I’ll be the first farang living permanently in the village. There are four or five more, but they only visit for holidays.

@Ang ****

Extension based on marriage is preferred, but when the wife passes away you’re not married anymore. So you can either move away, commit suicide or change to a retirement extension.

I didn’t have to mention work, because it was totally not part of my question. You raised the issue all by yourself, even though it’s not part of the topic. So it’s not a strange thing to receive a smart-assed reply to a smart-assed offtopic comment. 🙄

When someone is looking for a car dealer, it’s really not relevant to say “Why not buy a scooter?”. The question is where to buy (or service) a car. That’s all.

I wish you happiness.

@Ron ********

I am obviously asking how to use and not asking how to abuse the system. 😉

PS Lovely profile picture! 😍

@Ang ****

Because I am not allowed to work under a retirement visa. I thought everyone knew that. ;)

Every information you get here from people ‘who did it recently’ last year or earlier is worth zero. Banking rules have changed and things have been tightened up heavily.

Do not let yourself be misguided by those saying ‘easy peasy, I did it in December’, because their experience is no longer valid. Full stop.