BaanOz

Ahh well hopefully going in the Thai line with my wife and her 2 sisters also reduces the risk. Is there's some post/info about bribery via an agent? Thinking to go the O visa route next year.

Next step today I extended my visa for 30 days at the Phuket Immigration office. There's a new building to enter compared to last year. Lined up to get my paperwork checked and had a few things wrong like missing google coordinate of the house I'm staying etc. I returned after fixing things and the guy shook his head and went and got another 2 forms I had to fill in - STM.2 & STM.9. Didn't have to fill those in last year but an interesting thing he said... He flicked through my passport and he also saw last years full page METV and said "why did you pay for a visa?" He said "there was no need, you can come 2 or 3 times a year". Meaning on visa exempt. Said I read online people having troubles and he said "well it's your choice but there is really no need". I saw this guy last year too and really helpful.

Cheers Will, advice taken. Been ages since looking here. A strange situation and a shame. Guessing it’s put off regulars posting. Something I’ve never seen on a forum before.

I don’t understand the goal here when you intentionally quote what it reports but left out what is “non-reported”. Just looking at other threads here and seems this is a common theme.

I think you should DYOR as whatever I say will be shot down with zero fact checking on your part. Just search... CRS Non-Reporting Financial Institutions

With respect, best to do your due diligence on previously provided* before asking more. *Not tax advice.

Have already spelt it out clearly and just a final point about CRS… then have the last word as on most threads here and go enjoy your retirement. 😀 • Likelihood of Sharing: Low for standard superannuation accounts held by Australian tax residents or non-residents, unless the account falls outside the typical superannuation structure (e.g., certain SMSFs with foreign investments).

Started work 1980 and remember being harassed to join some scheme back then but wasn't popular. I though it was a scam. Started superannuation 1988. Yes salaries low but compounding is the winner.

Good point, he said "Private". Thought he might have been in the alternate.

Yes DTA tax exemption only covers service pensions. The OP he said "private" superannuation fund and I'd assume that means he's in a taxed superannuation fund ie: not government/public sector. If he was in a non-taxed government then bad luck on the Australian tax side (good luck on Thai). Your own quotation above clearly shows there is a difference between taxed vs non-tax superannuation funds and you might want to look this up for more info. OP must withdraw the mandatory X% of his superannuation depending on age from his "private" superannuation fund and if it goes into an Australian bank and if it earns interest then yes - proposed Australian foreign taxed. Maybe he can transfer it direct to a Thai bank account and avoid that happening. Another option is pushing money back into his superannuation to avoid paying the proposed Australian foreign tax ie: info as I provided above, BTW I'm self funded as the OP Non-Resident Considerations Taxed Fund (e.g., private sector): Lump sum: Tax-free at age 60. Income stream: Tax-free at age 60. Untaxed Fund (e.g., public sector): Lump sum: May be taxed in Australia, even at age 60. Income stream: May be taxed in Australia, with potential relief under a DTA.

Public Sector Funds: Likely around 1.6 million accounts (estimated), with $542 billion in assets (14% of the market). These often include defined benefit schemes for long-term members, though newer members are in accumulation funds. Private Sector Funds: Approximately 20-22 million accounts (including multiple accounts per person), with $3.1 trillion in assets (76% of the market, including industry, retail, and corporate funds). SMSFs add another 1.1 million members and $933 billion.

This is fear mongering the OPs question when he will pay zero tax ans I understand unless he is in a government/public servant super fund. What you say is all well and good but irrelevant.

Exemption on foreign superannuation funds has nothing to do with non-resident tax and Australian taxed superannuation funds. Everyone’s situation is different but odds are the OP (who only asked about Thai tax) is in a superannuation fund like most Aussie, so this talk of 45 days etc is irrelevant. I’ve investments within an Australian taxed superannuation fund so have no fear of mongering. 😀

No need to yell YOU. Have already said what I'd do if this comes to fruition and substantially affected us.

You have already provided the appropriate link which I've highlighted. Lucky for me and most other Australians are not in a government superannuation funds.