@Doug ******

might have taken me longer lol! But yes- it seems awfully basic. And if/when the rules shift, shift again.

@Mark *******

it would be quite the opposite. I make 7.2% on govt backed term deposits in Mexico. There is 10% withholding tax on foreigners. So net gain is 6.48% which is lowest in last 8 years.

On 800k baht equivalent, the 6.48% net is 51,840 baht annually. Agent annual renewals cost about 16,000 baht annually leaving with 35,000 baht annually to put on your bar tab. Or 350,000 baht every decade of retirement.

And… you waste zero seconds of your life bogged in government and banking lineups and bureaucracy. But any smart retiree can figure that out in about 10 seconds

@Yves *******

in all fairness, that’s the price you will pay for avoiding the 800k deposit. Cant have it both ways

@Pete ******

which is why he asked a specific question about agencies. Always a few illiterates offering up ‘go to immigration’ plan 😂. Likely indicative of the kinda folks who use it

@Nitesh *****

all you need to do is fly to Brazil or Peru. Not ideal for Thai people

@Ron *******

Canada also :(

@Nathan ***********

ok. It seems crucial to prove that she will be returning to her shop. And family. Any property or business ownership. All ties to Thailand.

@Kool ******

no I wouldn’t. You would be surprised at how little they have. Absolutely guarantee they have ZERO access to any personal info like tax returns in any nation.

@Kool ******

😂safe to call bullshit on that. Very few Thai citizens have any desire whatsoever to go to USA. And an astoundingly low 150k or so have emigrated. They are well moving to USA is a downgrade in life

@Nathan ***********

agreed. That’s the challenge to overcome. Gotta prove they have significant relationship to Thailand, that they will return to. But not clear in the application process. And why make people come to BKK to be rejected?!

They bought you into the embassy for interview?