Vincent ********
This is a summary of
Vincent ********
's contributions to the platform. They have posed 3 questions and added 19 comments.

QUESTIONS

COMMENTS

Vincent *********
@Dick *********
yes this is good advice. We do still have some time to get all of our affairs settled over the next couple of years. Just want to be as prepared as possible and really don't want to use an agent. Luckily my wife although from Loas speaks and reads Thai. So this ay even help us get the bank account started without an agent. I'm hearing that can be theist difficult part
Vincent *********
@Darren *****
Ok cool. Things are clearing up. 😆. Looks like 800k each and renewable every year.
Vincent *********
@Damo **********
no not yet. Of course once we get closer to making the move that will definitely be the plan though. We are thinking of doing this in two more years. Hell it may be totally different by then 😆. We have some things we are waiting to get settled here in the US before we go.
Vincent *********
I should have mentioned that we are both over 50, retirement visas are what we will be applying for. There are soany different options with Thailand visas. We will be able to leave the funds in an account to cover the requirements
Vincent *********
@Tullio ******
Ok cool. This is great information. Thanks to all who chimed in to help me.
Vincent *********
@Tullio ******
so first year we should each have the 800,000 (total 1,600,000). Then we will only need 800,000 total for both of us each year after?

Also can we do all of this on one joint account or do we need separate accounts? One joint account would sure seem easier
Vincent *********
@Bernard ****
Ok. My wife is Lao but has her American citizenship. So both of us are considered American. So it would be 800,000 each.
Vincent *********
@Darren *****
so are you saying 200,000 each to total 400,000?