@Kevin *******

sure...this is my intention fairly soon as well. Hey I just googled who pays tax on SS income. They call it " combined income" money made from interest, investment income, and 50% of your SS income. There are certain amounts made, that make you owe tax. I.ll see if I can attach the screen shots....I think this is why my accountant said I wont need to file, as it will be a low amount. Also, it does appear to say that out SS income is taxed already, like you say, before we get our checks, so that will be helpful with new Thai tax rules.

@Kevin *******

got it...thanks.

Yeah I certainly following the new taxation rules inThailand. So far it appears that its to get some of the locals, or foreigners that are making money, other than from retirement. It's been pretty easy here with banking in Cambodia, and getting visas. Of course, if I when I.ve had 10K or more in the banks here, I needed my accountant to to the FATCA report( theres another name) as banks here in Cambodia have US citizens SS number and they do send an (interest ) bank report to the Usa. I presume that's the case in Thailand too? They need your SS number to open a bank account?

Ive had such a hard time opening a bank account in Thailand, however, I understand I need a housing lease and I still have one here in Cambodia. I.ll be talking to more agents on a trip out there April.

Thanks for your reply.

Hey

@Kevin *******

, I.ve got a question about you filing taxes on your SS. This is my 1st year starting my SS checks this Jan, 2024. Its not a big check, only about 1,000$ per month, less than 12K at the end of the year. Ive been filing taxes for year with an accountant I have in the Usa, as I had been working here in Cambodia for several years. However, my account said if I dont work this year, which is my plan- not working, I dont need to even file taxes and therefore not pay any taxes on my SS income.

I know theres a lot of talk still in Thailand about taxing income, but why are you paying taxes in the US on your SS income? Is it because of a larger income you make from Ss?

( not trying to be nosey, but I just want to know the correct procedures as this is my 1st year on SS income)

Thanks...

@David *********

55 in Cambodia for retirement visa, 50 in Thailand

@Marc *******

, I sadly have to agree with you.

That said, back to getting a retirement visa it is far easier than Thailands policy...

@Marc *******

I totally get it...If I could get a Thai long term visa as easily as here, I would be there.

Was just trying to highlight some of the Good, the bad, and oh yeah, the ugly.

@Marc *******

good point. Cambodia is not as convenient as Thailand, in some ways...some ways its more cinvenient..

I have been currently living in Cambodia for 10 years, now retired.

Some ways Cambodia is more convenient:

You can get a retirement visa easily. Only reqirement is you must be 55, and be registered on a new App system showing where you live. However, this is done once a year, not every 90 days. No 90 day reports are necessary, only a yearly registration.

Once you have an address and your retirement visa, you can open a bank account, however, in some cases you can get a bank account before you have the retirement visa. You can have as little or as much in the account as you choice. No required amount to get a retirement visa.

Another advantage is you can take tuk tuk ricshaws on a smartphone app, much cheaper than Thailand. How ever, there are no skytrains or metro systems.

Alcohol is much cheaper here than Thailand, food is not. However, there is a much bigger selection of western type restaurants here in Cambodia.

Rents are up and down depending where you live.

Currently I pay 350$ per month for a one bedroom flat with a lift, but no pool.

Electric is much more expensive here compared to Thailand. Running an AC daily can add 150 -200$ more a month.

Food stores and markets are abundant, but lack the s.

Air quality is bad, but maybe better than Thailand. ( PP vs BKK) However, Phnom penh is one of the most dust filled cities I have been in, even comparing to places in Mexico.

Continuing on the flip side:

Noise is awfully bad, day and night..construction and music.

Service industries suck, but craftmanship brillant.

Cambodia lacks weekend get aways or places to holiday while you rent. Islands are more limited and expensive than Thailand, and the coastline is now littered with casinos. Bus lines here are inferior to Thailands.

Lastly, the country of Cambodia is run by much younger people, even often children. It can be fatiguing.

Back to the topic of retirement visas, Cambodia' s rules are far easier and convenient.

@Bryan *******

Is this re-entry permit necessary at the airport, if you have a Non O Multipple entry visa?

Doesn't the new stamp in the passport show this?

@Nongnuch *******

I have a business visa in Cambodia, as I was employed here up till Oct of last year. I have a current work permit from Cambodia, and a housing lease here. However, I think to be an official resident here, I would need to declare that at my embassy... I appreciate your input...To be honest, I dont think I am offically a resident here, even though Ive been working here 10 years....I may take my housing lease to the embassy (and bank statements w Cambodian address)and try to ask the worker there again.

It will relay the info to the other person who started this post.

Thanks.

@Nongnuch *******

ok...thats for the info.

Offical residency is done through an embassy registation, or do you think a housing lease (and Cambodian bank account) would work?