Peter ***************
This is a summary of
Peter ***************
's contributions to the platform. They have posed 20 questions and added 570 comments.

QUESTIONS

COMMENTS

Peter ****************
@Michael ******
Umm, you mean a total of 620k฿ a year ? If so, it's only 5% of that 120k฿ more. So 6,000฿.
Peter ****************
@Michael ******
(Dan Meikle is also right. Government pension many times is taxed at the source (home country)). For now the tax is only for the money you transfer to Thailand. Already made a spreadsheet long time ago.
Peter ****************
@Mikkel ******
Yep, but also 100k฿ deductable for everybody, and if you are 65-plus, an extra deduction of 190k฿. So 65-plus and not maried, its 100k + 60k + 190k + first tranch 150k deductable. This results that the first 500k฿ = 0%.
Peter ****************
Same bul* as your country already do for years.
Peter ****************
@Bo *******
And maybe another (bit off topic) tip; keep y'r US bank account('s) and transfer to the Thai account at least that 65k฿ a month, but not TOO much, because Thailand is busy to tax that year income, if you live here more than 180 days a year. So far nobody knows exactly how it all will work out but anyway "To govern is to foresee".

An almost sure rule still is, that money from 2023 and before, will still be tax free when transfered in 2024 to Thailand. So if you have y'r Thai bank account this year, try to transfer a nice sum, at least that 800k฿ ofcourse.

Maybe also already look into money transfer apps. like "Wise" or "Revolut".
Peter ****************
@Bo *******
I think indeed, the first part of the answer of Brandon is the best. Only open a bank account via an agent and put the 800k฿ (a bit more, not too critical) in that account as international transfer. And then ask an incountry non imm O based on retirement with the 800k฿. After about 60 days you can ask for the year extension, again based on retirement and the 800k฿. Should you also want to visit other countries, also arrange a re-entry permit, so your year extension keeps valid.

I notice the money isn't a big problem but I still find it a pity, when you have enough monthly income, to lock up the 800k฿. So maybe a tip to also start transfering a bit more than 65k฿ every month for 12 months as international transfer to that account.

So for the second year extension, you can use these 12 transfers as prove of income instead of the banked 800k฿. (You need money anyway over here) Just a tip.

I know nowadays there are more and more visas to stay, but I still find doing the year extensions once a year the most convenient. But ofcourse it depends on personal circumstances.

Good luck ! 🙏
Peter ****************
@Kim ********
Well, besides a bit strange English ("until" instead of "on") it seems okay. Good luck !!!
Peter ****************
Tod Daniels ,

sorry to bother, but does 2 months 'waiting time' sometimes happen ?
Peter ****************
@Kim ********
Mmm, strange indeed. What Tony says normaly is right. If the imm. Office is not too far away from y'r house, to be sure I would go again first of september. Do you have a written paper with 1st of october on it ? Because when they DID make a mistake in the return date (Translation 🤷‍♂️) and you don't have any written proof of the date 1st of october, then you have a problem I guess.