"If the banks policies are to not open accounts..." You're being ridiculous. You think the banks don't know EXACTLY what's going on when a Thai agent comes in and opens an account for a foreigner? Or are you going to prosecute the bank now for circumventng its own rules? I usually don't like the following cliche, but sounds like Thailand might not be for you.
I probably have close to a decade to go if I can put off claiming US Social Security for a while. I plan to continue working for the foreseeable future, anyway. But I just "retired" from teaching in Vietnam and am at a fork in the road, livelihoodwise. Working on a new project as I try to figure different things out, including tax implications. At least the US has a USD124k exclusion for her tax persons if they are domiciled abroad. I won't be seeing that much soon. 😅
Thank you again. I haven't made the final decision yet, and I have some work in front of me if I'm going to be able to make this work, income wise. But tax implications are exactly the things I need to know, going into this.
Thank you very much. So we are to keep an eye on the proposal to tax global income, but for now just income brought into Thailand. Minus taxes already paid at home.
Question on what exactly is triggered by the 180 days in Thailand. It's then income tax on all funds brought into Thailand during that tax year? Not any income earned regardless of location, right?