Morning
I am looking at moving to Thailand for retirement purposes. I am a male 70 years old.
So I took a look at the Canadian Government website in regards to taxation and am mired down in bureaucracy.
Are there any members here who are Canadian, and collecting CPP and OAP? Does the government actually tax your pensions 25%?
I thought that all I would have to do would be to transfer the monies coming into my Canadian Bank accounts to a Thai Bank and that would be the end of it. If they tax me the way I am reading this I might not have the funds required to retire in Thailand.
Anyone on the Forum have any input on this?
Regards