Your SS $ will not be taxable in Thailand, but other money brought into Thailand will be taxable, albeit deminimus. However, taxes you pay in Thailand can be credited against US taxes. Confused yet? However if you live in Thailand less that 180 days per year, no Thai income tax. Between living in Thailand and working in the US, travel, immigration and accounting fees will not bode well for you unless you have a very wealthy Thai girlfriend which I have not yet found in 20 years.

@Brown *******

Agreed. Ergo, go the income method.

@J *************

Worldwide banking fraud, not just Thailand. In the USA there is a big deal with KYC...know your client/customer.Everyone wants ID and fixed address, ad nauseam. Too bad about BKK Bank. They just got hit hard.

@Bobby ********

You do understand that BKK Bank employees were likely complicit in opening foreign accounts involved in many scams.

Why Thailand? More good opportunities in Ghana.

@Brandon ***********

ok. I amend what I wrote. Solution. Take any excess over 10,000 USD and put it in yr safe.

@Dick *******

Technical point, you do not control the 800k baht. If so, try to use it.

@Brandon ***********

Technical point, you do not control the 800k baht. If so, try to use it.

Another pain is that if you put more than $10,000 USD in a foreign bank, you must file an FBAR report with your 1040, making you subject to IRS audit. Go to a Thai Visa agent.