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Friday, May 3, 2024

A Financial Planning Guide for Living in Thailand

Relocating to a different country comes with a multitude of considerations, with the most important one being your finances. So as you plan the next chapter of your life, it is essential to approach financial planning with confidence and foresight.

Whether you’re in the early stages of planning your move, about to move, or have already relocated, when it comes to savings, investments, pensions, IHT, and tax affairs, there is a lot to think about.

While this guide does not provide financial advice, it will give you a handy list of financial considerations to make sure you have everything covered.

Adequate Savings

Prior to your relocation, it is crucial that you have a solid financial foundation. The amount of savings you will need will vary depending on factors such as your age, the size of your family, your living arrangements and whether or not you have employment secured in Thailand.

At…

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