ExpatOilWorker

You are correct, thanks. The 30 years does in a funny way make it possible to assign the user right beyond the grave. "An interesting feature of usufruct is that the usufructuary can enter into a 30-year lease with a third party. So if the usufructuary signed a 30-year lease contract before his death, the lessee (tenant) will maintain the rights of the lease until its expiration." https://www.siam-legal.com/realestate/Usufructs.php

This is how it is done. 1709987548155.mp4

You plan to buy the villa in your daughter's name and secure user right, by having a usufruct in ur own name. Should be doable, with only two minor issues. 1. Max 30 years, so if you are young and have a fallout with your daughter, you will be sent packing after 30 years. 2. A bit morbid, but say your daughter get mixed up with the wrong people and get a bf that are on drugs. You have now broken the #1 rule in the farang survival book: Never be worth more dead than alive.

You are right, by now we can all agree that the EV hype is over and it is 👎 not a good idea to buy a Chinese EV. I knew you would do well at the EOW university, good student. For tomorrow's spelling test you need to pratice the word: humor.

The Swiss flu is spreading!!!

Living next to Union Carbide in Bhopal sure wasn't the best idea and yes, refineries do stink.

It is all good, as long as you don't live next to a BYD factory. https://archive.ph/FHVmi

EVangelist are just different people. They believe miracles come out of burning 🔥 factories.

Pork chop.

Remove the street stalls and side walks will become a race track for motorcycles.

Now you know...at least a little bit. Straight from the EOW university, where I teach. You can sit next to LA and CR next time. Some EVs use an electric vacuum pump, but others use electric motor-driven actuators which assist the driver's brake pedal input. https://www.straitstimes.com/life/motoring/torque-shop-how-do-brakes-of-evs-work#:~:text=Some EVs use an electric,brake pedal and master pump.

Vinny41, you were right...again! How do you do it? https://www.reuters.com/business/autos-transportation/eu-set-allow-possible-retroactive-tariffs-chinese-evs-2024-03-05/

Even though EVs are new to the Thai market and have been hyped up, they are dropping prices almost every month. Something is fishy 🐟 and for now EVs are best avoided. ICE car manufacturers have just recently joined the discount party, by slashing almost 30% of their prices. Your best strategy is to watch the market in 2024 and get a good deal for your favorite new ICE. https://autolifethailand.tv/discount-official-suzuki-ciaz-thailand/

How much did you pay for the extra electronic key? I only have one key and if that one fails, oh well.

May I suggest you at least take a test ride on an Aerox before you commit to a Click. Amazing ride, keyless and ABS.

I can teach Srettha to fix the economy: Lower corruption! OK, class is over and if still can't find Thailand, then it is because it is down below Sout Africa and Argentina.

90% of FCD holdings are in USD and 95% are in corporate accounts, which kind of make sense for an export oriented manufacturing base like Thailand. CNY is only $512 million out of $21.2 billion. However, this is only for Thai FCD accounts and there is a $3 billion gab from the November 2023 $22 billion in the OP to the BOT's numbers. This could be non-residents holdings, but I can find any solid data on this. FM_CD_001.csv FM_CD_003.xlsx

Only a few banks are desperate for USD, among them the Chinese bank ICBC. https://app.bot.or.th/FCDReports/FCDReportViewer.aspx?id=9

A serious discount on a serious car. Discount 830,000 ! Official price Mercedes-Benz E 300 e Plug-in Hybrid : 2,790,000 – 3,190,000 baht | Motor Show 2024 campaign.

An additional margin rate might be an extra 0.05% if you are a platinum customer with the bank. Other than that non-residents are treated equal to Thais.

Did you have a look at the attachment? It clearly state the same rate for residents and non-residents.

Looks like SCB is expecting a massive rate drop around June 2024, but offer a nice 5.1% until then. fcd-rates-en.pdf

Why not? You can open a FCD account and get the same interest rate as everyone else, see attached. 4.2% for USD sure is better than the 2% yield on the local currency. Rate_FCD_no.1_01.03.2024_EN.pdf

Everyone that bought an EV? Is there a prize 🏆 for the correct answer?

Actually no dinosaurs have ever been hurt in the production of fossil fuel. It was all down to some lazy fungi and bacteria that needed 30 million years to get an appetite for trees 🌳.