Well, perhaps there are a hundred different options worldwide if you invest your savings on international markets. that would be difficult and different for anyone but that is likely to affect and application you make for the Australian Aged Pension in Australia. or overseas. Good luck.

@Andy ******

Well you get to spend the money Bt 500,000 if you like when you arrive in Thailand after you pay Bt10,000 to get the visa, you can renew your visa in Thailand after 6 months of that first year and the other 4 years is the same. As far as I can see you really have to be able to prove you're going to Thailand for a reason. Being a self-employed digital nomad seems to be already a popular reason, many posts on this site and other seems to be acceptable. but This is Thailand TIT.

What happens if you have had a retirement visa for 12 years and want to get a DTV? You have been retired long time

@Brandon ***********

The OA retirement visa is almost obsolete now. the Destination Thailand Visa (DTV) now will cost you Bt10,000 application proof that you have Bt500,000 in a bank anywhere outside of Thailand, you can spend it after you arrive in Thailand if you like than 4 border runs to anywhere or more than 4 extensions of cost Bt1900 each year and it's multi-entry. You must have a purpose for getting a DTV. Sound good to me.

It seems as a digital nomad you could apply for the new DTV and it will likely provided residency in Thailand for 5 years with just 4 visa nuns to Cambodia or similar for you and your wife over that time. It may be the best way to spend the money once you get the DTV and arrive in Thailand. The details are almost clear and simpler, a few months may make a retirement visa obsolete.... Things are happening and more soon is to come. The biggest change in Thailand's visas is about to happen.

If you do not advise Centrelink you going overseas the AAP supplement will stop the day you leave. If you give them a date you are going overseas that AAP supplement will stop after 6 weeks. You can give them a date you think you may return but that can be anything. After 6 weeks' absence from Australia, you will not be paid the AAP supplement until you return. Your residency in or out of Australia will register as soon as you go through immigration. Centrelink and Immigration are linked, they will know the moment you leave Australia.

@Ken ******

...Well that is now an infinite number of options. Who would do that? the super is really not free for those who have had their super invested since Jan. 2015. My super under $545.000 is tax free. It is grandfathered.

@Greta ****

Sorry but is a complete misunderstanding of the situation. You can reside in any place in the world and still receive these payments if you are within the assets and income threshold (in fact the Australian Govt will send payment due to you every 4 weeks and pay the cost of doing so, you only have to ask Centrelink to do so). The extra income as I have shown is $12,000 P/Y is just really an investment as would be the case if you purchased shares in any company. I repeated you will not lose your Australian Aged Pension (AAP) if you are within the assets and income threshold. If you go overseas for more than 6 weeks. all people will have the supplement of the AAP supplement of about $2,000P/Y.stopped.

@Colin ******

Yes it is accessible but only if your taxable income is over$35,000 per year and you are over 67 Y/O and you are below the assets threshold, most pensioners are, Superannuation is free of tax. So at $27,000 if living in Thailand that amount is well below the tax threshold in Australia where the investment is..

In April before the 60-day visa exemption I had a 30 visa exemption from BKK. At Hue Hin Blupoint Mall (no"e") lower level I rolled up my Passport only, an application for an extension and Bt1,900 plus and a receipt from my hotel saying I was paid up and lived there (my hotel is used to this). All done at Immigration in 1 hour and a big smile from the very lovely Thai girl...no problems. No separate passport pic under 6 months was required. I'll be going again on the 2-month visa exempt soon.