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PaulWyatt333

PaulWyatt333

New member

English expat in Thailand

Forum posts

9

Contacts

1

About me

English

Lives in Bangkok

Registration: 03 September 2014

Activity

PaulWyatt333 replied to a thread
5 days ago
Cheryl

Managing retirement savings in Thailand by Cheryl

Hello everyone, Saving for retirement as an expat in Thailand can be challenging. With different options, rules or even taxation, expats have to understand how it works to make informed decisions. We invite you to share your insights in order to ...

PaulWyatt333

It really depends on whether you have Thai taxable income or not. If you do, then banks offer mutual and provident funds which offer tax relief, but they can be expensive. Otherwise its a question of what not to do. Most "advisers" here sell ... Read More

PaulWyatt333 replied to a thread
2 weeks ago
Ringham

Hoping for local Finance/Legal advice by Ringham

Hi EveryoneMy name is Rikki and I loved my time in Thailand from 2006 to 2020, even though the politics was occasionally a little crazy. I now live in Doha.i am hoping one of your Thai finance/legal members can offer some advice.i invested US$500k ...

PaulWyatt333

Firstly, very sorry to hear this, it's all too common in offshore investments. These must have been terrible investments; it would be really unlikely to lose anything else like that otherwise. I would assume they sold you an insurance portfolio ... Read More

PaulWyatt333 replied to a thread
last year
sowo

New Tax laws from January 2024 by sowo

Good Morning folks. Steve here from Australia. In the process of organising retirement in Thailand and now hit with a change in tax laws for money sent there. Looks bad. Does anyone on the ground there have any clarification of these laws? Thanks ...

PaulWyatt333

@Leeds forever! It depends what country you've already been taxed in and what the DTA says. The UK/Thai 1981 tax agreement does not cover private or state pensions, so it is relevant what the definition of earnings Thai authorities are using. Read More

PaulWyatt333 replied to a thread
2 years ago
Cheryl

Secure your financial assets as an expat in Thailand by Cheryl

Hello everyone, As we navigate the exciting world of living and working in Thailand, it's essential to make informed decisions about our financial future. We’d love to hear about the different investment options available for expats: how ...

PaulWyatt333

I have both Bangkok Bank and Krungthai bank accounts and both are similar. Their RMFs certainly offer international investments. As to anything further than that I don't know. Read More

PaulWyatt333 replied to a thread
2 years ago
Cheryl

Secure your financial assets as an expat in Thailand by Cheryl

Hello everyone, As we navigate the exciting world of living and working in Thailand, it's essential to make informed decisions about our financial future. We’d love to hear about the different investment options available for expats: how ...

PaulWyatt333

Are you moving to Thailand as your location says Mauritius? If you pay tax in Thailand, then consider RMFs and SSFs which can save you Thai tax (see https://www.bangkokbank.com/en/Personal/Save-And-Invest/Mutual-Funds/RMF-SSF but all banks do them). ... Read More

PaulWyatt333 replied to a thread
4 years ago
Unclegrenv

ÍæÅ¼½ã½ã Life Insurance by Unclegrenv

Hi Chaps New here. Nice to meet you. I have been looking into life insurance to care for my Thai wife and son when I eventually curl up my toes and I am finding it difficult. I asked for a quote for 300,000 British pounds over 20 years and the ...

PaulWyatt333

Hi Philip, Ours is worldwide cover but if you don't need it until next year, please get in touch then. Best Read More

PaulWyatt333 replied to a thread
4 years ago
Unclegrenv

ÍæÅ¼½ã½ã Life Insurance by Unclegrenv

Hi Chaps New here. Nice to meet you. I have been looking into life insurance to care for my Thai wife and son when I eventually curl up my toes and I am finding it difficult. I asked for a quote for 300,000 British pounds over 20 years and the ...

PaulWyatt333

I sent you a message, let me know if I can help. Read More

PaulWyatt333 replied to a thread
5 years ago
paulsmith8138

UK ÍæÅ¼½ã½ã - Does my present full pension allowance continue? by paulsmith8138

Not sure how you put the question but here are my facts . I receive a full single allowance UK pension for a male British citizen for the last two years because the last 2 years I have been granted full UK residence . Before the last 2 years I was ...

PaulWyatt333

Hi Paul, I would ask them to confirm, but my understanding is you get the uplift for the years you are UK resident again but would lose the uplift on the years you were not UK resident on returning offshore. Read More

PaulWyatt333 replied to a thread
11 years ago
Julien

New members of the Thailand forum, introduce yourself here by Julien

Hi all, Newbie on the Thailand forum? DonÂ’t know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more on your ...

PaulWyatt333

Hello, I'm Paul I've lived in Bangkok for almost 6 years now and it is very much home. Having worked in UK pensions since 1985, I arrived here on the back of a round the world trip and Thailand is now in my heart. I have recently set up my ... Read More