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171
Report Abandoned Abroad: British Pensioner in Thailand Slams 'Immoral' Frozen Pensions Policy
Drinks water only. What a great life he lives for sure. -
68
Bow your head with great respect
Because it is not the atheists depriving others of their rights. -
171
Report Abandoned Abroad: British Pensioner in Thailand Slams 'Immoral' Frozen Pensions Policy
As a former banker he may have spent his life watching fellow Brits suffer...interest rates, mortgages etc. Now it's his turn to feel the pain. -
5
Report SRT Delays Thai-Chinese Rail Project Completion to Late 2025
Yep. It's gonna take time to get the rebar from the tragic earthquake collapsed govt building recycled onto rails. -
171
Report Abandoned Abroad: British Pensioner in Thailand Slams 'Immoral' Frozen Pensions Policy
Nope, I currently have 8,000 baht + 87,000 baht each month to live on (I teach science online). But I find that I easily live an enjoyable and healthy life with just that 8k 🙂 -
4
income tax question
Agree about the zero tax thing. I have a couple of years left on a visa in a neighbouring country... no capital gains tax. If they don't renew the visa I'd have to shift to Thailand; where there is CGT. And it wouldn't work out too well for me since they don't value the cost of the assets at the date of arrival in Thailand. Instead, unless one can jump through a lot of hoops, the acquired cost is zero. So CGT is due on the whole amount. I'm holding Bitcoin, which could appreciate in the next couple of years; so I would sell it tax free, and transfer the funds to Thailand. Enough to live on for a few years. I'm long in the tooth; so I'm not worried about not earning interest.
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