Can I get my Australian pension if I live in Thailand?

Can I get my Australian pension if I live in Thailand?

There are rules about when you can get Age Pension when you travel outside Australia. You may get Age Pension for the whole time you’re outside Australia. Even if you’re leaving to live in another country.

How much does an Australian need to retire in Thailand?

Meeting the Financial Requirements for a Retirement Visa: Financial Requirements are as follows: Thai Bank Account showing THB 800,000 or. Monthly income of at least THB 65,000 (income affidavit from your embassy in Bangkok) or. Combination (Bank Account + Annual Income = THB 800,000)

Where do most Aussies live in Thailand?

Bangkok has the largest concentration of Australians. Thailand remains a popular tourist and transit destination, with over 830,000 Australians visiting the country in 2014 alone.

How much do you need in the bank to retire in Thailand?

There are a few ways to satisfy these requirements: Have a Thai bank account with at least 800,000 baht (about $24,500) Have a monthly income or pension of at least 65,000 baht (about $2,000)

Is it cheaper to live in Thailand than Australia?

Cost of living in Thailand is 46% cheaper than in Australia.

Where do Australians retire in Thailand?

Retiring in Chiang Mai. Thousands of Australians live in Chiang Mai. It’s one of the most popular cities in Thailand for Expats to live and it’s where we spend most of our time when in Thailand. Expat life in Chiang Mai is very easy as most amenities we are familiar with from Australia are readily available.

What is the quality of life in Thailand?

Thailand is considered to be a safe country to live in with a moderate crime rate of 47.7 percent. However, in the past three years, the country has increased its crime rate by 62.7 percent. Of all the cities of the country, Phuket is considered to be its most dangerous one to live in.

Can Australian citizens buy property in Thailand?

Generally, foreigners are not allowed to directly purchase land in Thailand. Simply put, Thai laws prohibit foreigners from owning land in their own name, although theoretically there is an exception but it is yet to be seen in practice.