u/ResponsibleStranger1

AXA Insurance
▲ 8 r/thai

AXA Insurance

Hello guys,

I have a quick question regarding the AXA EasyCare Plan 2 insurance.

My father is currently living in Chiang Mai in an elderly living resort. He really dislikes going to hospitals and doctors, so his plan is to pay out of pocket for normal doctor visits if necessary. I’m also here as a backup for him.

In case of cancer or another serious illness, he can always return to Switzerland, as he is a Swiss citizen and would be covered by mandatory health insurance there.

What I’m mainly looking for is insurance coverage for unexpected situations in Thailand — for example, if he falls and breaks his leg and needs to stay in hospital for one or two weeks, or if he is involved in a car accident or has another accident that requires hospitalization.

I’ve attached a screenshot of the benefits for AXA EasyCare Plan 2. From what I can see, it seems like it should cover these kinds of situations, but I’d really appreciate some opinions from people who have actually used this insurance.

How has your experience with AXA been, especially when it comes to claims and hospital stays? Are there any important exclusions or limitations I should be aware of?

Thanks in advance for any advice!

u/ResponsibleStranger1 — 8 days ago

Gift tax

Hey there,

​

My dad is retiring in Thailand and will be living in an all-inclusive senior residence. According to the resort, he needs proof of pension income for his visa application. The required amount is around €1,600 per month. His pension is more than €2,500 per month, so I assume obtaining the visa would not be an issue.

​

He will keep his monthly rent in Switzerland, no transfer to thailand or outsideof Switzerland. I will pay for his resort as a gift/support, which is around €2,500 per month.

​

Would this mean that he effectively has no disposable income, or would his pension still be considered income even if I cover most of his living expenses? Since financial support from a child to a parent can be tax-free up to a certain amount

​

Would love to hear from you guys

reddit.com
u/ResponsibleStranger1 — 2 months ago
▲ 1 r/thai

Gift tax

Hey there,

​

My dad is retiring in Thailand and will be living in an all-inclusive senior residence. According to the resort, he needs proof of pension income for his visa application. The required amount is around €1,600 per month. His pension is more than €2,500 per month, so I assume obtaining the visa would not be an issue.

​

He will keep his monthly rent in Switzerland, no transfer to thailand or outsideof Switzerland. I will pay for his resort as a gift/support, which is around €2,500 per month.

​

Would this mean that he effectively has no disposable income, or would his pension still be considered income even if I cover most of his living expenses? Since financial support from a child to a parent can be tax-free up to a certain amount

​

Would love to hear from you guys

reddit.com
u/ResponsibleStranger1 — 2 months ago
▲ 4 r/thai

Gift tax

Hey there,

​

My dad is retiring in Thailand and will be living in an all-inclusive senior residence. According to the resort, he needs proof of pension income for his visa application. The required amount is around €1,600 per month. His pension is more than €2,500 per month, so I assume obtaining the visa would not be an issue.

​

He will keep his monthly rent in Switzerland, no transfer to thailand or outsideof Switzerland. I will pay for his resort as a gift/support, which is around €2,500 per month.

​

Would this mean that he effectively has no disposable income, or would his pension still be considered income even if I cover most of his living expenses? Since financial support from a child to a parent can be tax-free up to a certain amount

​

Would love to hear from you guys

reddit.com
u/ResponsibleStranger1 — 2 months ago

Tax for retiree

Hi everyone,

I am currently planning a long-term move for my father to an all-inclusive care resort in Thailand, and I have a few questions regarding how our planned financial setup interacts with the new Thai foreign income tax rules.

The care resort has a bank account in Germany. This means we can pay the monthly accommodation and care fees directly from a German bank account to the resort’s German bank account.

Since the all of his money will remain in Europe and never physically enters Thailand or touches a Thai bank account, is it correct that this specific arrangement avoids Thai personal income tax liability on those funds?

Our exact plan looks like this:

His pension will be deposited into his own German bank account.

He will set up a standing order to transfer the money needed for his expenses to my personal bank account, as I will be managing his finances from abroad.

From my personal account, I will pay all his resort's monthly fee (which has the account in germany).

On his own German account, only his long-term savings will remain.

Because the resort is all-inclusive (full board), he will have virtually no daily expenses in Thailand. He will only spend around €200 per month for personal pocket money, which he will pay or withdraw using my German international credit card while in Thailand.

Is this setup viable from a tax perspective, or could it trigger any red flags?

I would love to hear from anyone who has a similar financial setup or insights into how strictly the Thai Revenue Department and Immigration cross-reference these international banking and card-spending habits.

Thanks in advance!

reddit.com
u/ResponsibleStranger1 — 2 months ago

Tax for retiring

Hi everyone,

I am currently planning a long-term move for my father to an all-inclusive care resort in Thailand, and I have a few questions regarding how our planned financial setup interacts with the new Thai foreign income tax rules.

The care resort has a bank account in Germany. This means we can pay the monthly accommodation and care fees directly from a German bank account to the resort’s German bank account.

Since the all of his money will remain in Europe and never physically enters Thailand or touches a Thai bank account, is it correct that this specific arrangement avoids Thai personal income tax liability on those funds?

Our exact plan looks like this:

His pension will be deposited into his own German bank account.

He will set up a standing order to transfer the money needed for his expenses to my personal bank account, as I will be managing his finances from abroad.

From my personal account, I will pay all his resort's monthly fee (which has the account in germany).

On his own German account, only his long-term savings will remain.

Because the resort is all-inclusive (full board), he will have virtually no daily expenses in Thailand. He will only spend around €200 per month for personal pocket money, which he will pay or withdraw using my German international credit card while in Thailand.

Is this setup viable from a tax perspective, or could it trigger any red flags?

I would love to hear from anyone who has a similar financial setup or insights into how strictly the Thai Revenue Department and Immigration cross-reference these international banking and card-spending habits.

Thanks in advance!

reddit.com
u/ResponsibleStranger1 — 2 months ago