@Peter ********

sure but that’s a gravy train that never finds the end of the line 🤔😊

@Tomas ****

banks and tax authorities have sight of that through CRS (common reporting standards) a system pushed by US and OECD to prevent tax evasion and money laundering will it be rigorously enforced here who knows they will pursue the big fish first, we are small fry

If you use 65k method, max tax you will pay after allowances assuming you have a spouse and med insurance is 15k a year….

what happens if at some time in the future Immig ask for a tax clearance cert before issuing a retirement visa - simple - agents and immig officers get rich, and the bribes may end up being more than the tax due every year -it’s a personal choice…..

@Jim *******

that’s your prerogative and I suspect many will do the same, experience in many other parts of the world tells me that the tax man is relentless, and back tax and penalties can be painful - not something I want to put myself and family through at my time in life for the sake of 10-15k per year……what happens of h

@Ian ********

I pay more tax in home country and that acts as a credit against Thai tax that’s due

@David ******

yip and in some locations like Phuket agents now have to go through channels to facilitate, no more direct interaction with their ‘connections’ to ensure happiness is evenly spread amongst all staff same system has worked in cop shops for a while

@David ******

not true, they grease the wheels at the bank or immigration, or any other govt agency like Driving License office - just makes it harder for us who want to avoid feeding the trough as a dependency at these govt offices is created. A good example is Phuket DLT, without a fixer it’s a 3 month wait for an appointment , so a ride to Phangnga secures it same day we just learn to work around it…and not compound the problem.

@Jim *******

we move to that next year and as I have paid tax in the Uk it’s a wash, still have to file a return though

It replaces the 800k in the bank, essentially you need to show 65k a month for 12 consecutive months up to point of visa renewal, you also have to ensure you keep the 800k for three months after your previous renewal of you used that method - this applies to retirement visas - some countries will allow their embassies to provide an affidavit showing income, depends on your passport