FritsSikkink Posted February 12, 2019 Share Posted February 12, 2019 39 minutes ago, JackThompson said: Yes, quite, "the pot calling the kettle black" for immigration to complain - but I would expect it. Some of them see racket-running using their "interpretations" to block legit-applications as their right - while we have no rights. That would be more like 35K Baht plus "emergency only" medical-insurance (not outpatient, etc). It was never the meaning, until they decided to retroactively alter history, and claim "income" meant "income all sent to Thailand," and anyone not doing this was exploiting a "loophole." Depends on the office / IO's "interpretation" - of course. You are from North Africa or the Middle-East? Read up on the history of slavery, and quit blaming the cultures that were the first on Earth to outlaw it - and many other unsavory practices. Howard Zinn is fine for one perspective, but doesn't tell the "rest of the story" by any stretch. No, but the IO can ask for "Secondary documentation" of your income - doing this even with embassy-letters, at some offices. No. All immigration did was make ALL students - legit and not-legit - pay extra "hassle free 90-day extension" fees through their schools or an agent 3 times/yr. The entire "crackdown" was nothing but a ruse to raise more corruption money - and has been operating this way ever since. Given the big-name agents were not rounded up, and the IOs who work with them are not on TV, I suspect what is happening now with retirement-extensions is more of the same. The "show transfers" method is so clearly open to money-rotation, I can only think it was proposed with the intent to be canceled shortly via, "See, they are abusing the system." When that happens, another chunk of expats can be shoved into the agent-fee paying category. There is no show transfers method, it is the show income rule. Link to comment Share on other sites More sharing options...
Popular Post BertM Posted February 12, 2019 Popular Post Share Posted February 12, 2019 (edited) 7 hours ago, Peterw42 said: In theory you could avoid both, have the money in a foreign currency account in Thailand (accepable to immigration) no exchange losses sending pounds/dollars back and forth, set up accounts with someone like citibank who do free transfers between citibank accounts across borders. Citibank Thailand has raised their minimum required deposit amount to 1 million THB. It used to be 200k when I signed up in 2016, but no more. So, your idea of opening an account with Citibank Thailand for international wire transfers will not work unless you have the 1 MM, and if you did then you wouldn't need to do the income method. Edited February 12, 2019 by BertM 2 1 Link to comment Share on other sites More sharing options...
Myran Posted February 12, 2019 Share Posted February 12, 2019 What an amazing way to make immigration once again clamp down on people who actually abide by the rules. An amazing "solution" indeed... This is the kind of crap that will make them tighten the rules even more. Wouldn't surprise me if they remove the income method all together if people start pulling obvious stunts like this. They won't care if you believe you are "technically" following the rules (which you aren't even doing, since the transfer is supposed to verify your actual income). Link to comment Share on other sites More sharing options...
Popular Post Sheryl Posted February 12, 2019 Popular Post Share Posted February 12, 2019 36 minutes ago, FritsSikkink said: And how would sending money back and forth comply with the 65000 thb INCOME rule? It would not break this rule if you truly have 65K income, and are just sending back some of it to pay expenses back home, or invest outside the country or whatever. There are no restrictions on what you can do with the money after you bring it in. If however you truly have less than 65K income and are moving the same money back and forth the inflate the appearance of how much you have, you are not complying with the rule. IO would be within their rights to ask for further documentation is they have any doubts as to your income. 3 Link to comment Share on other sites More sharing options...
Peterw42 Posted February 12, 2019 Share Posted February 12, 2019 39 minutes ago, FritsSikkink said: And how would sending money back and forth comply with the 65000 thb INCOME rule? Send the same 65k in on the fist of the month, send it home again , then send the same 65k back on the first of the next month, repeat 12 times a year Link to comment Share on other sites More sharing options...
Christophers200 Posted February 12, 2019 Share Posted February 12, 2019 Just now, Peterw42 said: Send the same 65k in on the fist of the month, send it home again , then send the same 65k back on the first of the next month, repeat 12 times a year That same 65K would rapidly diminish as transfer charges are applied each time it is moved. Link to comment Share on other sites More sharing options...
balo Posted February 12, 2019 Share Posted February 12, 2019 8 hours ago, lamyai3 said: not sure why a six minute youtube video is needed to make a ten second suggestion that could be written in a few words. Money , he earns money on Youtube clicks . You just helped him by watching it. 1 Link to comment Share on other sites More sharing options...
balo Posted February 12, 2019 Share Posted February 12, 2019 4 hours ago, elviajero said: Your idea does not comply with those conditions and is fraud. So don’t claim otherwise. To be clear. The fraud is obtaining an extension by deception. It's actually better to use an agent and borrow 800k. Immigration officials approve. 1 1 Link to comment Share on other sites More sharing options...
Peterw42 Posted February 12, 2019 Share Posted February 12, 2019 (edited) 8 minutes ago, Christophers200 said: That same 65K would rapidly diminish as transfer charges are applied each time it is moved. Read my original post #8 ,discussing banks like citibank that do fee free transfers between citibank accounts in different countries. if both accounts are the same currency then no exchange losses either. Edited February 12, 2019 by Peterw42 Link to comment Share on other sites More sharing options...
lamyai3 Posted February 12, 2019 Share Posted February 12, 2019 8 minutes ago, Peterw42 said: Send the same 65k in on the fist of the month, send it home again , then send the same 65k back on the first of the next month, repeat 12 times a year Maybe a group of friends could get together, pool their money and then recycle the combined income to each of their accounts in turn, staggered over the month. As many as 15 could join in at around 5k a pop. What could possibly go wrong? 1 Link to comment Share on other sites More sharing options...
Christophers200 Posted February 12, 2019 Share Posted February 12, 2019 1 minute ago, Peterw42 said: Read my original post #8 ,discussing banks like citibank that do fee free transfers between citibank accounts in different countries. Not everyone banks with Citibank -- and I responded to your comment #39 which makes no mention of Citibank which only has branches in Bangkok. Link to comment Share on other sites More sharing options...
scotinsiam Posted February 12, 2019 Share Posted February 12, 2019 The issue also seems (according to other threads and immigration documents provided to the person who opened the thread) to be that when using the income method - from 2020 the money must be from a pension and also verified by your Embassy which some Embassies have already stopped doing. What a cluster&^*k - I do use the money in the bank method but this is still annoying as no doubt the 800k figure will increase. Link to comment Share on other sites More sharing options...
FritsSikkink Posted February 12, 2019 Share Posted February 12, 2019 24 minutes ago, Peterw42 said: Send the same 65k in on the fist of the month, send it home again , then send the same 65k back on the first of the next month, repeat 12 times a year Then your 65K is NOT income. Link to comment Share on other sites More sharing options...
Mavideol Posted February 12, 2019 Share Posted February 12, 2019 you must have seen the bright light to come up with such a non sense topic, been there, done that and you may end up in jail and expelled Link to comment Share on other sites More sharing options...
lamyai3 Posted February 12, 2019 Share Posted February 12, 2019 18 minutes ago, balo said: Money , he earns money on Youtube clicks . You just helped him by watching it. At 227 clicks currently, he's racked up a handsome profit of 23 cents. Glass half full though, if he gets two million clicks it'd raise around 65k... 2 Link to comment Share on other sites More sharing options...
Peterw42 Posted February 12, 2019 Share Posted February 12, 2019 6 minutes ago, lamyai3 said: Maybe a group of friends could get together, pool their money and then recycle the combined income to each of their accounts in turn, staggered over the month. As many as 15 could join in at around 5k a pop. What could possibly go wrong? Prior to these current changes it wasnt unknown for 2-3 guys to use the same 800k for deposit. 2 minutes ago, FritsSikkink said: Then your 65K is NOT income. Yes legally , technically its not but in theory it would meet the immigration requirements as income, as per the OPs youtube video. 1 Link to comment Share on other sites More sharing options...
Peterw42 Posted February 12, 2019 Share Posted February 12, 2019 3 minutes ago, lamyai3 said: At 227 clicks currently, he's racked up a handsome profit of 23 cents. Glass half full though, if he gets two million clicks it'd raise around 65k... What country was it earned in, is a youtube cheque acceptable income and do you need a WP. Link to comment Share on other sites More sharing options...
lamyai3 Posted February 12, 2019 Share Posted February 12, 2019 1 minute ago, Peterw42 said: Prior to these current changes it wasnt unknown for 2-3 guys to use the same 800k for deposit. Yes, seasoning was brought in to attempt to stop this (at one time there was no seasoning at all on the 800k), but it could still have been done perhaps up to three times a year. I'm just pushing the same idea to it's absurd conclusion regarding income recycling, though as has been mentioned it wouldn't be genuine income. 1 Link to comment Share on other sites More sharing options...
tropo Posted February 12, 2019 Share Posted February 12, 2019 9 hours ago, fforest1 said: 11 hours ago, elviajero said: You are proposing fraud, and your proposal does not comply with regulations. Bla Bla Bla so expats should walk the strait a narrow in a country riddled with fraud and whos constantly changing visa rules are a murky as a London fog...lol I say any thing a all that works should be taken into serious consideration... Not to mention that the OP did mention in his video that he has over 65k income per month but doesn't need that much per month brought in. Elviajero doesn't understand the difference between having an income of 65k per month and needing 65k per month. Is he training for the proxy Thai immigration police brigade? 1 Link to comment Share on other sites More sharing options...
Popular Post tropo Posted February 12, 2019 Popular Post Share Posted February 12, 2019 5 hours ago, jonclark said: I think you are fine - as far as I know immigration does not make any mention of how the money coming into Thailand is to be spent. If you choose to spend it outside of Thailand that is your prerogative. I would imagine a cash withdrawal of 20'000 and then sent back in a different account would leave a paper trail but that would require so much effort immigration would not find it worth their while. Why would there be a problem with an expat sending 20k back each month? He has the required income and doesn't need it all in Thailand. He's just sending 65k to comply with regulations and sending some of it back to pay bills at home is very reasonable. Like most expats, he probably has bills to pay back home. 4 Link to comment Share on other sites More sharing options...
Popular Post totally thaied up Posted February 12, 2019 Popular Post Share Posted February 12, 2019 1 hour ago, Myran said: What an amazing way to make immigration once again clamp down on people who actually abide by the rules. An amazing "solution" indeed... This is the kind of crap that will make them tighten the rules even more. Wouldn't surprise me if they remove the income method all together if people start pulling obvious stunts like this. They won't care if you believe you are "technically" following the rules (which you aren't even doing, since the transfer is supposed to verify your actual income). I have been here long enough to have been through it all. I did everything in my younger days so I could stay until the day I made it to 50. Over time I watched Immigration tighten everything up and just about every suggestion that has been made on Thai Visa over the years HAS BEEN TIGHTENED up. It is from such posts like this and other ideas that have been given, it seems to tighten the noose on everyone. Stop giving such ideas. I deem Immigration would frown on this greatly recycling the funds. They want you to use an agent and it is as simple as that until it is seen that they are truly trying to clean up corruption. I see on my Facebook Feeds daily from other Visa Groups, people using agents and until I see that stopped, nothing has changed but the fact they have made it harder for the honest ones here doing the right thing. 3 Link to comment Share on other sites More sharing options...
Popular Post Crossy Posted February 12, 2019 Popular Post Share Posted February 12, 2019 If you import 65,000 as required and only spend 45,000 then that's 20,000 per month you can place in an alternate account. After only 40 months you'll have the 800,000 needed to extend on that basis and can import whatever you like ???? 4 2 Link to comment Share on other sites More sharing options...
poohy Posted February 12, 2019 Share Posted February 12, 2019 1 hour ago, balo said: It's actually better to use an agent and borrow 800k. Immigration officials approve. I agreed agents fees will for sure rise but i suspect they will be under the costs required on the money go round method. Agent will be tidier less work, and probably cost involved 1 Link to comment Share on other sites More sharing options...
Popular Post elviajero Posted February 12, 2019 Popular Post Share Posted February 12, 2019 37 minutes ago, tropo said: Not to mention that the OP did mention in his video that he has over 65k income per month but doesn't need that much per month brought in. Elviajero doesn't understand the difference between having an income of 65k per month and needing 65k per month. Is he training for the proxy Thai immigration police brigade? tropo doesn’t understand that the OP was suggesting this idea for people (not himself) that do not have 65K income. elviajero is looking out for other members that might beleive the OP’s claim that churning money to inflate an income is legit. 3 1 Link to comment Share on other sites More sharing options...
lamyai3 Posted February 12, 2019 Share Posted February 12, 2019 26 minutes ago, Crossy said: After only 40 months you'll have the 800,000 needed to extend on that basis and can import whatever you like ???? A quarter of a billion youtube clicks will also raise the 800k, while enjoying the same giddy heights as Charlie bit my finger and Oppun Gangnam style. 2 Link to comment Share on other sites More sharing options...
baansgr Posted February 12, 2019 Share Posted February 12, 2019 How are funds transferred back to host country. 24x transfer payments plus loss on XE, how much per annum does that cost. Link to comment Share on other sites More sharing options...
indepth Posted February 12, 2019 Share Posted February 12, 2019 16 hours ago, elviajero said: It’s been suggested many times already. It may not be illegal, but you are claiming to have an income that you don’t have which means you are making a fraudulent application. You would need more than £500, because the £500 would soon reduce with the cost of sending it back and forth. And it’s unknown how immigration would react seeing 65K coming in every month, but seeing some transferred out again. How could you disguise the money as being from a Govt Pension. You need to keep up with the latest gossip. Link to comment Share on other sites More sharing options...
indepth Posted February 12, 2019 Share Posted February 12, 2019 29 minutes ago, elviajero said: tropo doesn’t understand that the OP was suggesting this idea for people (not himself) that do not have 65K income. elviajero is looking out for other members that might beleive the OP’s claim that churning money to inflate an income is legit. With all due respect, I think elviajero should stop trying to do UJs job. 1 Link to comment Share on other sites More sharing options...
Lloydyboy Posted February 12, 2019 Share Posted February 12, 2019 I don’t know if I have missed something in all this banter about proving INCOME. Doesn’t Thai Immigration still accept embassy letters as proof of INCOME? That letter just states one's INCOME, not the amount brought into Thailand each month, which is up to the individual. Now that SOME embassies have stopped issuing these letters another method of proving INCOME is necessary, but that shouldn’t change what the individual wishes to do with that INCOME. I don’t see why a person from one country can just show certified income letter and one from another country has to bring in THB 65,000 every month whether needed or not. Link to comment Share on other sites More sharing options...
elviajero Posted February 12, 2019 Share Posted February 12, 2019 3 minutes ago, indepth said: With all due respect, I think elviajero should stop trying to do UJs job. What job would that be? He’s a moderator and I have no interest in being one. His job is not to answer the trolls trolling me. His job is to delete pointless posts like yours and this reply to it! 1 Link to comment Share on other sites More sharing options...
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