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Marty ********
This is a summary of
Marty ********
's contributions to the platform. They have posed 11 questions and added 1259 comments.

QUESTIONS

COMMENTS

Marty *********
@Kenny ****
The 10 year Elite Visa is 1.5 million baht, so only 600k more for a 10 year. They changed the prices last year
Marty *********
@Kenny ****
He said he was 45. Once he is 50 he can get a non-O visa as a retiree for 1,900 baht but I have met expats over 50 that have the Elite visa and are happy with it. I have a 10 year pensioner LTR.
Marty *********
I think you can carry as much as you want but you need to declare it at customs when it reaches a certain amount. I carried $9,900 USD into Thailand once and avoided the need to declare $10,000.
Marty *********
@Leonard ********
I believe that it might be the case for the 90 day non O visa but not for the subsequent 1 year extensions.
Marty *********
If you are asking about using the monthly income method to meet the 1 year extension financial requirements then you need to deposit at least 65,000 baht to your bank account each month. You have to show that the money came from outside Thailand (an international transfer).

If you are using the 800,000 baht deposit method then the whole 800,000 must be on deposit in your Thai bank account.
Marty *********
@Kool ******
Why anyone would consider depositing exactly 800,000 baht to meet immigration requirements without having a substantial buffer on top of it to account for currency exchange rate fluctuations and mysterious unexpected banks fees is beyond my thinking.
Marty *********
@Glyn *********
I’m just pointing out that the is not as simple as just 35%. If you bring in enough money then of course you may be taxed the maximum.

I’m not sure how this tax rule will affect the average low income expat but there are plenty of them in Thailand.
Marty *********
@Bob *********
Up to you. That has been US law since 1983.
Marty *********
@Bob *********
If your US Social Security income is less than $25,000/year there is no tax. After that you would pay tax on 85% of SS. Exactly how much depends on your particular tax return. If you are talking about Social Security or the equivalent outside the United States then I don’t know.