@Mark *******

the cheapos I’m referring to are the likes of you mate. You don’t grasp the rudimentary basics of finance. For which the annual penance is groveling in line at govt offices and your bank. Good on ya. I’m sure some people like you would move here for the bureaucracy alone.

If you had a clue how to prepare for retirement, you would be like the thousands on LTR. But didn’t think ahead did ya

@Mark *******

try to follow the thread mate. And why would I read anything else you write? You are struggling badly enough here. Keep on track. Your pensions post is also useless on this case. Shuffle off. You sound a bit slow

@Mark *******

try to keep up mate. Nobody gives a 💩 if YOU mentioned it. The poster is looking for a solution. And not your clueless assessment

@Ling ****

exactly so!! Out front financially 💰 and zero hassles.

@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 :(