@Braulio ********

You would think so but it apparently is a lot for some. They either don't have it or they loathe keeping that money there accruing low interest.

I don’t think it is a conspiracy to support the banks but it is something many countries do. Maybe they are just copying each other.

It is a bit of a filter to discourage poor people from settling here. I’ve heard plenty of people comment that they have never had 800,000 ($22,555) in any bank in their life.

@Tullio ******

You can use 400,00 for a period of 7 months. The monthly income method (65,000/months) is an example of why the 800,000 story doesn’t make sense. They don’t require you to have emergency funds if you use the 65k/mo method.

@Brandon ***********

The problem is that if you actually use the money for that purpose then you mess up your ability to extend the next time. At some level that story doesn’t make sense. I’ve never heard an explanation of the 800,000 from Immigration

It seemed to have been 800,000 for quite a while when I deposited it 7 years ago.

Thailand is not alone to require bank deposits in order to get a retirement visa. The amounts vary from country to country.

@Marvin ********

Of course. Much better than consulting Facebook. As an American I know how this type of taxation works for me. I’m not expecting these Thai changes to affect me but I will wait and see.

@Marvin ********

So you pay German taxes on income earned in Germany. You won’t be taxed on that money if you bring it into Thailand. The unknown is whether expats will have to file a tax return even if it doesn’t result in any taxes. Also unknown is if the tax rate you paid in Germany is lower than the tax rate in Thailand. Would you have to pay the difference?

No one knew last month and I’ve heard nothing yet this month. I expect more information will emerge in the next 3-4 months

No one knows but Germany has a tax treaty with Thailand to avoid double taxation

You should of course visit Thailand enough to know whether you want to live here. The 800,000 baht can be withdrawn if you decide to leave.

She is another example of the lack of long stay options for people under 50 years old.