As I understand it , money generated before Jan 2024 is tax exempt, after this date it is taxable at 30% for farang if already taxed in UK at 20% Thai government take the 10% balance. They treat savings as non taxable but you may have to prove it
Yes I can confirm the minimum insurance cover required for a retirement visa is 3,000,000 baht of life insurance cover. Health insurance is down to the individual. I’d like to ask, where can I get that cover as a 70 year old and at what cost please. Any quotes very welcome
The criteria is if you’ve not used the system for three years you have lost entitlement anyway. Best bet is to re-enter in a small dinghy on the south coast
I was told by Phuket immigration 2 months before application and 3 months after but if a regular income from your pension it can be a combination of the two after year one