khunPer

Expected...

From the book "Thai Law for Foreigners"...

Seems like "many tourists" are travelling in a time machine...

Yes. You need both a letter from the bank and a 3-month statement, showing fund have been in the account since two month before application for extension of stay. The bank letter and statement are valid for a week. Fee is normally 100 baht for each, so total 200 baht. Same day as you apply for extension of stay you need tupdate your bank book with today's balance and make photocopies of bank book-owner's page and the balance page – some immigration offices might however require copy of all pages in the bankbook. Photocopies shall be signed.

Today it's easy to get a TIN, as foreigners since 1st January 2024 are income taxable in Thailand, if the stay in the country for 180 days or more combined during a calendar year. A British government pension might already be income taxed in Britain. £12,000 a year is around 500,000 baht in 2024-currency exchance rate. If that is the amount transferred into Thailand and your English friend is retiree age – 60 years or older – he will on his Thai-income have a personal deduction of 60,000 baht; a retiree deduction of 190,000 baht; 50% income deduction up to 100,000 baht; and being tax exempt for the first 150,000 baht. This totals 500,000 baht, so there is likely no tax due from £12,000 previously transferred annually into Thailand. The previous years the common practise was that if you had no tax to pay you didn't need to fill a tax return form. From income year 2024 many, if not most, tax offices wish all tax resident foreigners to fill in a tax return form, even they do not need to any income tax.

The 12-months fixed deposit rate varies depending of the Bank of Thailand rate, the 12-months fixed deposit rate is around 1.5% at the moment. You'll be deducted 15% withholding tax of interest earnings. You can get withheld tax returned when filling your/an annual tax return form, if the withheld amount matters for you.

I agree with @DrJack54, keep your money in a Thai bank, like your SCB bank. Best way to keep the money is a separate 12-month fixed account for best interest and showing proof of funds easy for everybody, if you can afford to keep 800k baht all year.

The original 90-days receipt should be stapled in you passport, which to need to bring when extending a permission to stay based on retirement. Depending of which immigration office you extend your stay in, they might also renew your 90-days address report.

Still Thailand for me...😉 Dubai, no way; Monte Carlo, too hot in summer and too small; too hot is the same for southern France, which is also too cold in the winter, but food and Provence wine is nice; Hawaii is not me; and same for numerous other areas. Even I like Mediterrenan a lot, it's too hot in the summer and Carribean islands have too hight tropical strom risk, even they have an exciting history. I'll stick to my tropical paradise island in the Thailand Gulf with "all year summer", never too cold and never too hot... – not to forget the amazing party-nightlife...

Flushing or showing your wealth in Thailand is common and accepted; and it gives you (your correct) status in the local community. It is very polite to ask somebody about a price for something expensive – for example the price of a new house or expensive vehicle, or even how muck one's monthly salary is – so the owner get a chance to make face and show wealth...😉

Elder men with younger wives/girlfriends are generally accepted, as it is not uncommons in Thai-Thai relationships. If you as a foreigner is accepted in the local community depends generally upon your own behavior and how you treat with other villagers; language – i.e, speaking Thai – is not a major subject.

In a way a sad photo of a family that might struggle to get financial ends to meet.

Sunday 27th July: Carabao (to my knowledge, the concert is held by Chaweng Lake)...

You can own a condo if 51% of the condo owners in the building are Thais; i.e. your condo is within the 49% quota that is allowed for foreigners. It woeks same way as shareholders in a Thai company limited.

I think that "The Man with the Golden Gun" movie is so yesterday now that nobody cares anymore, young folks don't know the film and would likely be extremely disappointed if they did...