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Posted

Not sure if this is the correct forum for this question, but does anyone have any experience of opening an offshore account using their Thai retirement visa documentation to prove place of residence? I am a UK citizen but will have no connections to the UK property-wise in a month or so and plan to retire in Thailand. 

 

Thanks in advance

Posted

You would use some standard document showing your Thai address.  What is acceptable would be at discretion of each financial institution.  Best to contact the bank you want to open an account with.

 

Schwab will accept ID cards, utility bills, bank statements with your name and local address, and will have the document translated if not in English.

 

With Schwab, my wifi used her Thai ID card, I used a bank statement from a US credit union.

Posted
8 hours ago, hullmonkey1 said:

I am a UK citizen but will have no connections to the UK property-wise in a month or so and plan to retire in Thailand. 

Why not open before you leave? 

Which bank are you looking at?

Posted
16 hours ago, NoDisplayName said:

You would use some standard document showing your Thai address.  What is acceptable would be at discretion of each financial institution.  Best to contact the bank you want to open an account with.

 

Schwab will accept ID cards, utility bills, bank statements with your name and local address, and will have the document translated if not in English.

 

With Schwab, my wifi used her Thai ID card, I used a bank statement from a US credit union.

Thanks for the info, Much apreciated

Posted
8 hours ago, topt said:

Why not open before you leave? 

Which bank are you looking at?

Not decided on which bank yet and I don't want to use my UK address due to CRS (common reporting standards) as I am going through a divorce and my soon to become ex-wife's solicitor may  get hold of my tax records.

Posted
7 hours ago, Digitalbanana said:

I have opened several, and in each case an existing account with your address in Thailand on the statement is enough.

Thanks for the info, much appreciated

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