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assayer

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Posts posted by assayer

  1. 6 hours ago, Swimfan said:

    Why would she go to the hospital if she was well and had no symptoms? I thought their policy was to only test symptomatic patients???

    something fishy here 

    Not only was she checked for Covid and not showing any symptoms, but she tested positive after just one day of exposure on the bus where she wore a mask at all times.

    How long was she in Chiang Mai prior to going home to Ayutthaya. Who did she visit while she was in Chiang Mai?

    Something VERY fishy here.

    • Like 2
  2. It isn't, at least in my case, that the TM 30 is hard to get done. But, instead the time lost for having to do this. Its not like it is stopping any criminals or helping to apprehend them, criminals don't report!!!!! They are quite simply making it harder on the expat community to continue to WANT to stay here. I have family coming for a visit, so the first day will be lost because we have to go to the immigration office to fill out the forms for them. And then when we visit another province to see, for example the White Temple, we will have to lose another day doing the same thing again. So if we visit only two places while the family is here that means a total of three days spent with immigration, instead of out spending money shopping or sightseeing. That equates to 33% of the holidays for them( ten day trip) spent talking to the TM 30 desk.

    • Like 2
  3. If I were to have a forex account while residing in Thailand and it was making some money, would I be required to also have a work permit?

    Note: I am on a non-o visa extension based on thai spouse. And if the answer is yes to the permit how do I proceed with the application process based on some of the rules for a work permit are concerning an employer, which I don't have.

    Please any help with this will be deeply appreciated.

  4. 10 hours ago, mlkik said:

    800.000 baht is not very much if you genuinely have retired and have committed to living in Thailand.

    Maybe the people getting worried do not really have enough to retire here? I know many people worry about the exchange rates,if that is the case again maybe they are not financially ready for retirement here?

    I am far from being well off but I have put enough money in a Thai account to ensure a worry free retirement.

    Interest rates here are no worse than my home country. I am not wealthy enough to speculate and possibly lose on the investment of stocks and shares . Therefore I see no reason not to have savings here.

     

    But you are only qualified to speak for yourself and not for me.

    • Like 2
    • Sad 1
  5. 20 hours ago, Kerryd said:

    Just did my 90 day at Jomtien a little over an hour ago.

     

    Was #3 for the desk, was done and out the door in 6 minutes (from the time they started calling numbers). Only need to bring passport (and previous 90 Day report slip). Barely had time to sit down in the chair when my number was called and then I was back up again and heading for the door.

     

    And that is all it takes to be "legal" for another 90 days. Amazes me at how many people whine about it. I guess having to wake up, shower and put on some clean clothes once every 90 days is too much effort for some.

     

    You need to try it at Chiang Mai and Samut Prakhan, I have had to wait for as long as 5 hours in Chiang Mai. Used to go at 4:00 AM just to get a decent place in their queue and then another two hours for the actual 3-4 minute job.

  6. 6 hours ago, NanLaew said:

    Why are your're panties showing?

     

    The 800k (or 400k) in the bank has been the gold standard for income proof since they whole show kicked off. The proof of monthly income was never the 'easy alternative' and the income letters that were accepted... sorry, still being accepted by Thai Immigration (subject to full verification caveats) have been after-the-fact, bolt-ons to how the Immigration office assesses income. The lump-sum has thus always been the preferred method.

     

    Nobody is putting you down or calling you on being dishonest so no need to get all riled up. Another member has simply and realistically suggested that the income letter, affidavit, statutory declaration, etc., has been one of the easiest ways to facilitate growing levels of dishonesty and fraud and ultimately break the otherwise quite acceptable immigration laws in Thailand. Yes, it's a huge inconvenience but it will ultimately make a certain demographic take stock of how precarious the funding of their lives in LOS can be and hopefully they come up with a viable work around. Better to find that out sooner than later.

    Abuse by getting income affidavits is I believe is wide spread. I do the 800k baht requirement every year as I like to be honest and in all honesty if you are genuine and receive an income from your said affidavit as submitted to said embassy surely you have 800k thousand available to do it with truth.

     

    Sounds to me like he is calling those who don't have the cash in a bank dishonest.

    • Haha 2
  7. 20 hours ago, marcus111 said:

    Totally agree with dddave.

    Abuse by getting income affidavits is I believe is wide spread. I do the 800k baht requirement every year as I like to be honest and in all honesty if you are genuine and receive an income from your said affidavit as submitted to said embassy surely you have 800k thousand available to do it with truth.

    Good to see the Thai authorities stopping the stupidity of these so called income letters.

     

    Sorry Marcus you are living in a dream world !!!!

     

    • Like 1
  8. 11 hours ago, garyk said:

    Thought this might be interesting to some here? Didn't have $hit to do today so here goes.. haha

     

    China, UK, U.S., Japan, Germany, France, + rest of the world = about 435,669 expatriates in Thailand. Got this from Wiki (2010).

     

    I divided that by 2 (just a guess on the number of retired expats in Thailand) 435,669 / 2 = 217,834.5 retired expats in Thailand.

     

    Then I took that number and multiplied by 800K that needed to be seeded in a Thai bank.

    217,834.5 x 800,000 baht = 174,267,600,000 baht / yr. into Thai banks. So about 174.268 billion baht / year.

     

    I converted this into dollars so it would be easy for me to identify with.  174,267,600,000 / 32 = 5,445,862,500 U.S. dollars. So 5.445863 billion dollars / year.

     

    Now I divided this by 4, because the 800K baht needs to be seeded in a Thai bank for 3 months. 5,445,862,500 / 4 = 1,361,465,625  U.S. dollars. So about 1.361466 billion U.S. dollars guaranteed in a Thai bank at all times throughout the year.

     

    Now a investment of 5% / yr.  = 1,361,465,625 x .05 = 68,073,281.25 U.S. dollars / year. So the Thai banks would get a pay day of 68.073 million dollars / year profit.

     

    So, if there is 217,834.5 thousand people on a retirement extension = 68,073,281.25 U.S. dollars / yr minimum. Or 68.073 million dollars profit.

     

    Just say that was halved that again. 217.834.5K people x .5 = 108,917.25. So that would equal a yearly income to the Thai banks of 68,073,281.25 / 2 = 34,036,640.6 dollars / yr. Or 34.037 million dollars / yr.

     

    If we halve it again 108,917.25 x .5 = 54,458.625 retirees. That would be about 17.018 million dollars / yr profit.

     

    Of course this is just speculation on my part. I wish I knew the actual number of retired expats living here?

    But, it shows there is a very good argument that these new rules will result in a very nice pay day for the banks.

     

    Not to mention the 800K seed money will most likely stay in the banks and be drawn down during the year.

     

    So, if there are 108.917 K expats in retirement here then the total(guesstimated) value to the banks would be. 1.089172499 billion baht / yr. pure profit guaranteed.

     

    IMO what the government is doing is wanting a guaranteed monthly amount invested in a Thai bank, strictly to generate a guaranteed payday. 

     

    Smart IMO, and nothing wrong with that if the numbers hold up.

    Personally I don't think it has anything to do with the income letters, it is a scheme to generate cash flow. 

    Nicely done too.

     

    i thought of this earlier but did not post on it Garyk. But my thoughts were also on these lines.

    Each of the foreign consulates charge about $50 US to notarize those forms but the banks are only getting 100 baht for doing there certifications.

    Now if the consulate forms are not legal the only thing left is the bank certificates. If anyone has a monopoly on anything then they can set the price for that commodity at anything they want and it has to be paid to receive it. So why not increase your charge to say 1600 baht or even to 2000 baht "because we can", right?

    So if we use your number of retirees in Thailand (217834.5) and multiply that by the 1600 current cost of documents we have an additional 348,535,200 baht in the Thai banks yearly. And that number added to your total would make the amount into Thai banks each and every year a total of now 1,437,707,499. Or if you use the 2000 baht charge it would be slightly over 1,5 billion per year.

    • Like 1
  9. On 11/2/2018 at 1:40 AM, JimmyJ said:

     

    I wonder what part of the current situation was caused by continual posts like this appearing in Thaivisa Forums?

     

    Perhaps a bigger cause than what you state was the issue?

     

     

    Jimmyj what do you think these people were living on if they did noy have that income? I personally have more than that every month and still have to watch what I am doing or I get myself into a bind.

     

  10. 22 hours ago, marcusarelus said:


    You wrote, "The next big drawback to this account is the length of time it takes to get it into effect, 2-3 months is what the branch manager told me today."

     

    That's not correct it will open immediately. 

     

    I see, and thanks for the explanation. Yes the account opened immediately, however the USA bureaucracy is such that the direct deposited checks will not arrive for 2-3 months; and so the account is of no avail for that period.

     

  11. 11 hours ago, marcusarelus said:

    Call the main office and ask to speak with the person in charge of direct deposit accounts for Americans and she will fix it for you.  I had a problem and called her from the bank where I was opening the account and gave her my phone and she talked to the manager and solved the problem in 5 minutes.  I think Pib who posts here knows her name but I've forgotten it. 

    I don't understand, from your comment, just what problem I need fixed. Unless it is going to the bank in person each time I need to withdraw from the direct deposit account. And I fully believe this manager told me the correct info. So would you explain youre comment, for my benefit, please?

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