Michael ******
This is a summary of
Michael ******
's contributions to the platform. They have posed 6 questions and added 430 comments.

QUESTIONS

COMMENTS

Michael *******
If you pay tax on your income in Australia, you will get a credit ( under the DTA) against tax due for remittances you make to Thailand to live on - earnings/savings prior to 2024 will also not be taxed here , ie if you remit funds for your retirement visa or to buy a property.
Michael *******
dealt with tax issues continuously, I was quiet pleased to be able to retire in a country where tax residency was not an issue, that bubble soon burst…..but I think with DTA’s in place it will be a wash, already got my tax Reg number and spent some time with local tax office - keeps the mind active…..
Michael *******
Having lived in 8 countries during my career and dealth
Michael *******
@Greg *******
not if it was earned pre 2024 as I understand it, how long that window is open remains to be seen.
Michael *******
Why ? Retirement is a known product, this could evolve into all kinds of diff things - if it’s too good to be true, it normally is 🤔
Michael *******
A question for those who want to game the system, similar to the situation around the educational visas that were very popular for a while
Michael *******
@Bart *************
I have looked at DTA between UK and Thailand that was signed in 1981 - it is extremely vague, does not talk about pension income, or variance between respective countries tax allowances. 40 years ago pensioner mobility was virtually unheard of, so unless there are plans to update the many treaties Thailand has in place, chaos looms next year.