I used American International Tax Advisors for my 2024 taxes. You can get a 30 minute free consultation to assess your tax liability.

@Jim *******

My credit union doesn’t do wire transfers. My BofA bank doesn’t charge for international wire transfers but I’m sure everyone gets their cut during the currency exchange.

Yes, I can believe that. Veterans benefit are a whole separate topic I know nothing about.

@Andrew *******

In my case I am not paying Thai taxes because I am on a pensioner LTR. My only question was whether I still had to send in a tax form even though I wouldn’t owe any taxes. US citizens have to file a tax return whether they owe taxes or not. I don’t really know about the US government on this but California sent me an inquiry last year for not filing taxes since 2019.

@Max ************

Most of my income is from non-federal pensions so it was an open question for me for my 2014 taxes. Everyone’s income and tax situation is different. Either seek professional help or not.

@Max ************

I would assume they are not all the same. Last year I hired a tax firm in Thailand to file my US taxes and advise on my tax obligations in Thailand. So either read the DTA yourself or hire someone to do it for you . . . or not. I'm pretty sure many are just not filing anything.

@Max ************

He is from the UK. The UK doesn’t issue the income verification letter.

@Max ************

I know the US has a tax agreement with Thailand that exempts taxation of Social Security and other federal pensions but doesn’t exempt other types of pension payments. Best to check the tax agreement your country has with Thailand.

To me the Elite Visa made the most sense for someone under 50 to bridge to the day they turn 50. I do know a couple of over 50 retirees with 20 year Elite visa’s and they love it.

I had one bank account with 800,000฿ + 400,000฿ (emergency funds) + I topped it with monthly expense money. I did this for 6 years before getting my LTR.