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timendres

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Posts posted by timendres

  1. 6 hours ago, Red Phoenix said:

    When your Bank Pass-book shows that you continually kept the required funds (800K for retirement / 400K for marriage application) for a 'long time' (couple of months) on your personal Thai Bank-account, there would be no need to prove 'foreign origins' of those long-time seasoned funds.  

    However, if the funds on your bank-account were below those 800K or 400K tressholds in the months preceding your application, it is indeed possible that a zealous Imm Officer would not accept this and require a 'transfer from abroad'. 

     

    Not sure about "long term funds" overriding the requirement. That may be possible.

    But in my case, I kept the cash in a safe to avoid having to file a FACTA.

    The transfer out and back cost me about $230 (spreads and fees). Not terrible.

    • Haha 2
  2. On 3/8/2024 at 4:34 PM, TylerBKK said:

    Is the funds needing to come from abroad just a CM thing? 
     

    AFAIR, when I did my O retirement at CW many years ago, I entered on visa exempt, but my funds were already in Thailand since I worked for a long time in Thailand, saved some money locally, and then retired.
     

    Many foreigners who work for a long time in Thailand, and then retire, could be in a position where they don't really have any funds saved abroad. So I was surprised when I read in this thread that the funds need to come from abroad for a O retirement visa. 

     

    The funds must be shown to have come from abroad. I explained to the officer at CW that I had worked here for 9 years and saved up that money. The officer explained "That is good. Send it to the US, then send it back to Thailand." No alternative was even suggested (other than the envelope option, which I declined).

    • Agree 1
  3. On 3/5/2024 at 3:33 PM, SAFETY FIRST said:

    That's a long soi name.

     

    I love Chatuchak, next time I go I'm visiting this soi. 

     

    I hope I don't see that half naked taxi motorbike. 

     

    Borommaratchachonnani is actually in Bangkok Noi, not Chatuchak.

    But, you could start your excursion to Chatuchak from Borommaratchachonnani.

    Just as she did.

    • Thanks 1
  4. 3 hours ago, TylerBKK said:


    You will still be able to obtain a retirement again visa in the future. But there have been reports of people no longer being able to obtain a Non-O retirement visa and only a Non-OA.
     

    At this point I think it could be good to consult with an immigration lawyer in Thailand to get definitive answers on your questions.
     

    Whatever people tell you in these forums, including myself, although intended to be the most correct information, may not be the same case for everyone. So speaking with a lawyer would better guarantee that you are working with the most correct information that applies to your specific case. Best wishes. 

     

    I was on a Non-O based retirement extension for one year. I then converted to Non-B, then work permit extension for many years. In October 2023 I exited to Cambodia, returned on a Visa Exempt (US passport), obtained a Non-O for retirement in Thailand at CW, then got my retirement extension in January 2024. So, in my case, there was no issue with the Non-O, other than needing a lease, being 50+, and having 800K in the bank.

    • Thumbs Up 2
  5. Your use of "visa" and "extension" confuses me a little bit.

    I recently changed from extension based on work permit to extension based on retirement.

    Here is a history of that process, shown in passport photos:

     

    1) I exited Thailand for Cambodia. I stayed one day in Cambodia and returned to Thailand.

         I utilized the "Visa Exempt" privilege of my US passport, getting this entry stamp in my passport:

    image.jpeg.d7a6c4d3e909341e4b9e58d8a28f5334.jpeg

     

    2) Before my exempt visa expired, I went to Chaeng Watthana and obtained a Non-O visa for the purpose of retirement:

     

    image.jpeg.c73a27fccfb68e9b3711ca08fb041aad.jpeg

     

    3) Finally, I filed my application for an "extension of stay" based on retirement, and I obtained my "extension" for one year:

     

    image.jpeg.87c4e7efe021583ec8e7c82cffeb33b3.jpeg

     

    Notice the critical line stating "EXTENSION OF STAY PERMITTED UP TO". In my case, until 29 Jan 2025.

     

    You must have a stamp similar to this one with the critical "extension of stay permitted" line.

    If you have that, then you are okay until the date stamped.

    If you do not have that, then you have an issue.

     

     

    • Confused 1
    • Thanks 1
  6. 8 hours ago, Jayaroi said:

    Something is strange. EVA air tried to catch these two just because they cannot speak English and have never travelled to Canada before? Tons of Chinese, Thai, Vietnamese, Indians, Bangladeshi speak no English and obviously they have to have a first time travelling to Canada! How were they picked based on it

     

    It was not the "travel" that caused suspicion. It was the passports.

  7. Quote

    The decision exempts traders from the 7% value-added tax (VAT) on earnings derived from trading cryptocurrencies and digital tokens, as reported by local news outlets.

     

    If I read this correctly, the exemption applies only to VAT, not income or capital gains taxes.

    In other words, brokers will not have to pay 7% VAT on transactions they perform trading.

    However, I believe that if you realize a gain on your trading, you will still likely be liable for

    income and/or capital gains taxes.

    • Like 1
  8. 4 hours ago, Mike Lister said:

    The risk with issuing foreign currency bonds is that nobody knows what the Baht /Dollar exchange rate might be in Y years, if things took a turn for the worse, that could prove extremely costly.

     

    This is precisely the risk.

    In a world coming off the rails, USD will power higher, and the THB will fall, and all that debt will get a lot more expensive to repay.

    That said, $1B USD is not earth shattering in that scenario.

    • Confused 1
  9. 10 hours ago, chickenslegs said:

    True, and desperately needed for those of us expats who have had our UK bank accounts closed.

     

    E.g. - Barclays closed my UK account after 40+ years of never being in the red, just because I was honest about my new address in Thailand.

     

    If I need to book a flight home to the UK I now need to transfer my GBP pensions to my Thai bank account , (via Wise) then pay for the flight in Baht from my Bangkok bank account- that's two international transfers and about 5-10% extra on top of the current inflated flight prices.

     

    WISE gave me a "Digital card". I have not tested it yet.

    But this is not helpful with airline reservations, since they can require the physical card at check-in.

  10. 28 minutes ago, Bday Prang said:

    Poison is the obvious way forward, would get rid of the rats and the dogs too, relatively cheap as well. can't understand why they aren't already doing that 

     

    Someone told me that the rat population was previously "held in check" by large snakes.

    But then the city made a concerted effort to remove said snakes, and the rat population exploded.

    • Agree 1
  11. I cool 68 sqm during the day (24deg) and 60 sqm at night (25deg).

    For 5 hours in the afternoon, the A/C is fighting a virtual oven created by a wall of windows.

    My bill last month (Jan 15 - Feb 15) was 4,100. That will likely be my cheapest bill of the year.

    • Like 1
  12. 2 hours ago, richard_smith237 said:

    Did you get the answers from the Thai Embassy in Jakarta ?

    http://www.thaiembassyjakarta.com/intro.html

     

    As I pointed out, that website is unnavigable....   Most tourists are not as worldly wise as you and I and may not cast their search for information as widely. 

     

    That is odd. Two clicks and I had every detail I could imagine for both tourist visa and visa on arrival, both with sufficient details for any visitor.

    • Thumbs Up 1
  13. 2 hours ago, losable said:

    For the privately owned apartments that I have stayed, neither of the Thai owners were in the Thai blue book, tabien baan, of the apartment. The only link of the owner's ID card to the apartment was via a receipt of payment, which had the tax number on it, which I have just had a look at and is the same as the Thai owner's ID card number.

     

    The condo I just rented was problematic. The owner is not in the blue book.

    However, CW accepted the property deed in lieu of the blue book to show proper ownership.

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