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foreign income transfer
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I currently receive income from two sources. Both sources are just short of 100,000 bahts. So when my wife and I move to Thailand in the future to retire, I will have to show 100,000 badts per month in a Thai bank account. Does that have to show it directly deposited to that account, for just show I deposit 100,000 into that account each month. Sorry I’m a little confused. I would prefer to have one source deposit into an American account and transfer it to a Thai account rather than all my income.
Last question, if I have a large lump sum in a Thai bank account, can I ignore the 100,000 badts per month?