pitrevie
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Posts posted by pitrevie
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Thanks for that info but how does the embassy in Bangkok confirm your income? Do they base this on what is paid into the UK based account from your ex company or do they ask for some sort of statement from the bank in Bankok confirming transfers?
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I will be moving to Thailand in about 1 year and hope to qualify for a retirement visa. I am British and will be 60 next year. My query is about the 800K you are required to have on deposit and the monthly income. Do these sums have to go through a Thai bank or will the Thai authorities accept a letter/statement from the HSBC (Bank) in Bangkok which is more convenient in my case as my bank in London is part of the HSBC group.
Retirement Visa And Taxes
in Thai Visas, Residency, and Work Permits
Posted
My take on this is that any tax to be levied is only on income that is earned within the Kingdom. I am sure that my own government would be interested in any income that I received from any source but it isnt the policy to have double taxation. Therefore if you were being taxed on that income in Thailand your own tax authorities do not insist on double taxation. I think it only fair if you have a job or income in your host country that you pay tax on that income. I do not think they include your pension in this as that would be taxed at source