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David *******
This is a summary of
David *******
's contributions to the platform. They have posed 4 questions and added 217 comments.

QUESTIONS

COMMENTS

David ********
@Greta ****
...I only comment on matters in Thailand that I have personal experience with. I'll be back in LaCalista Hua Hin in 11 days very soon. Thailand this time only for 2 months as I made my bookings before the visa on arrival went from 30 days to 60 days. Next time it will be back to 60+30 extension visa on arrival. By then Thailand may have changed things again. Cambodia and the Philippines ahoy. TIT.
David ********
@Greta ****
I own a house in W.A. with my former wife, she lives in it and I do stay there sometimes. I also have some super retirement funds under the threshold of Centrelinks limit of $545,0000. I also have some savings in ING Bank Australia getting 5.5% interest. So I get mostly the $1116.30 P/F Australian Aged Pension (AAP) $12.000 download from my super as I am required to take it or pay 47% tax if over the required amount., $3000 each year from my savings. In my 3-month trips to Thailand on average, I still get 50% of the AAP supplement, about $40 P/F. I get the single rate of AAP as my ex-wife and I are legally separated Cenrelink's "Living under the one roof separated" is all above board., Anyone in Australia who has lived in Australia and had a regular job for over 35 years is likely to get the same deal from the Australian Government at 67 y/o if you have always had a modest regular job and raised 3 kids...I'm now 82 y/o and still going strong, and I always do my 6 km walk every day for 60 mins. Been doing that for 47 years almost every day... At 82 y/o I'm still going strong and love the LOS. Except for 2 periods when I obtained 2 retirement visas in Aus from the Thai Embassy, I have used tourist visas, I have flited to and from W.A. to Thailand regularly over 15 years.. My AAP and other benefits give me almost $1000 per week free of income tax in Aus. I'm nearly convinced that I will receive the same deal with no tax if I live longer than 6 months in Thailand...but not sure yet. I still love Thailand with all its issues. TIT.
David ********
You have not revealed how old you are or if you are over 50y/o and have some money it could be better for you. With a retirement visa if you are over 50 y/o, you could stay for ever. (there are ways of avoiding paying Bt800,000??) If learning deep diving and Bt500,000 you could stay for up to 5 years on a DTV but you need to prove you have at Bt500,000 and apply at a Consul. You will not be allowed to work in Thailand. ????
David ********
Colin Boyland... I would be very careful of revealing what you have done with your house and money if you have sold or given away the money. It appears you have divested yourself of a house. For Centrelink purposes, you may still be deemed to have over $850,000 in deemed assets which may make you unsuccessful in qualifying for the Australian Aged Pension (AAP)...I beg you to get legal advice. please!!!
David ********
@Francis ******
If you wrote in English I might know what you are talking about???
David ********
@Todd ********
...I will always be domiciled in Australia...that is a big difference.
David ********
@Greta ****
Yes but the AAP Supplements of about $2,000 a year is no longer paid after 6 weeks the AAP is forever and ever amen or a lady...period, faidinkum, ridgy didge, true blue.
David ********
My AAP in Australia is $27,000 from Centrelink like the other 2 million aged pensioners, I also take $12,000 from my allocated pension fund managed by a bank in Australia and I do have some cash in the bank for which I am paid 5.5% interest. All of it is untaxable and also so for the other 2 million aged pensioners in Australia.
David ********
@Charles *******
I am reasonably certain that what you say is true, much of this has to do with where you are domicile.
David ********
@Bob *********
If you read my original post, I tell you that AAP and superannuation are not taxable. in Aus. I pay no tax whatsoever. When a dividend is paid the dividend is part of the capital invested and the other half is likely dividends, so for a retirement fund the government does not take any tax. The AAP is only about $27,000, the threshold for AAP recipients if that is there only income is under $35,000 being the tax threshold. If you have other investments over the threshold all will be taxable. Perhaps 2 million Australians fall under the same condition, tax is not payable on my pension in Aus. But, perhaps is so in Thailand.