this is not true.....just because you can take out £12,570 from your UK pension without paying tax doesn't mean you are protected from Thailand tax when you bring it into Thailand. The DTA between UK and Thailand is very poor and only protects ex forces and certain government pension schemes. If you take out 12,579 and even a tax free lump sum from a UK pension......as soon as you bring it into Thailand you are potentially subject to tax in Thailand
might be sensible but it is wrong. Thailand is already from 1st Jan 2024 taxing any income brought into the country... whetever it comes from.
If your country has a really good double taxation agreement there is a chance you won't pay tax in Thailand....but all countries have their own agreements and so you will need to investigate the wording yourself or get advice from a tax specialist.
The UK DTA is pretty useless, and will only help ex-servicemen and certain others like police. For the average person it will not protect you.
I am here on a retirement visa and I am fully expecting to pay tax at the end of March 2025
The Thai government is considering licensing 5 super entertainment resorts which will include casinos and gambling....whilst taking 17% tax on profits.
This will boost tourism numbers and make people choose Thailand above other Asian countries.
In a vote it seems they are very heavily in favour of this with over 90% agreeing that it would be a great generator of tourism and money into the country. Might be 3 or 4 years yet though but looks like it could actually happen.
You don't say your age or any underlying conditions you have that wouldn't be covered....but there are all kinds of policies available depending what you need.
It is also possible to retire here with no insurance....but obviously risky...many people do it.
You have received some good recommendations on here, so check thoroughly what you actually need....and what you would want....there will be a cheaper policy for you unless you are 97....😊