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Everything posted by khunPer
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Unfortunately I'm never bored and spend too much time with ASEAN NOW, so I need to be very busy with all the other stuff that I have to do during a day or week. However, when it comes to web-sites I spend time to follow news, where the ASEAN NOW's news-section gives me an excellent overview of what happens in Thailand, and the forum section keep me up to date about visa, stay and other activities of interest for farangs – like suggestions of what to do, if getting bored... I also use Facebook quite a lot. Both for contact with old and new friends here and around the World, but also to get news-updates in my feed together with a few groups I follows of interest. If the feed is chosen right, Facebook is actually an excellent way to follow thing of interest in one place, even communication through Messenger has replaced most of previous e-mail contact.
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The short answer is: No, not anymore... I never cared much about Xmas. In my younger days I would volunteer to make Xmas a good evening for homeless and lonely people, that was a happy experience for both them and me. Later, my girlfriend's family cared a lot about traditional Xmas, so I had to join – Okay, just enjoy it, then it's actually all right, and the food was always good. When moving to Thailand I had Xmas lights and (artificial steel & plastic) Xmas tree, so my daughter could experience Xmas – she actually enjoyed it – also the gifts that Santa brought; my CCTV did snap him, so of course Santa is true... Now she is studying in Europe, so no more Xmas tree and lights – I have plenty from shopping malls and high end resorts around me, so I can just go there if I need some Xmas-"soma"; referring to Brave New World – I'm very happy with my not too much Xmas...
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You will need to start all over again. When your present extension of stay expires, so do your legal stay. Therefore your re-enter will be on new terms like visa exempt or with a new e-visa/visa from a Thai embassy. You can for example enter visa exempt and change to non-immigrant type-O domestically in Thailand.
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Thailand’s herbal market worth skyrockets to 90,000 billion baht
khunPer replied to webfact's topic in Thailand News
90 trillion, wow... But, don't forget that Thailand has a low score in PISA-tests, also for math... "In PISA 2018, Thailand ranked 68th in reading out of the 79 PISA-participating countries and economies, 59th in mathematics and 55th in science, ahead of only Indonesia and the Philippines in the EAP." Source link: Thailand PISA 2018 - Final - World Bank Documents. -
Thai finance ministry considers beverage tax restructure to boost tourism
khunPer replied to webfact's topic in Thailand News
Perhaps a more duty free price in the airport should be first attempt to increase sales. The products there are way overpriced; for example the so-called duty free Thai booze is way cheaper in a domestic 7-Eleven shop... However, it's not only in Thailand, but rather a general issue that duty free airport shops are overpriced. In my Scandinavian home country the rule for the duty free airport shops is that their price shall not be higher than in the domestic high street shops... -
Power of Attorney for condo sale?
khunPer replied to wpcoe's topic in Real Estate, Housing, House and Land Ownership
Just FYI: You can buy a standard power-of-attorney Thai-form in a paper shop for a few baht (under 50 baht). Get it filled in – preferably in Thai language – together with signed photocopies of all parties' identification papers (i.e., ID-card and/or passport), which might also include a witness or two. The land office will normally accept that – it's been used in some of my property deals at two different local land offices. -
Pool maintenance cost
khunPer replied to maskedman2's topic in Real Estate, Housing, House and Land Ownership
The smallest pool circulation pumps are 350 Watt and will often run 24/7. So it's pretty easy 0.35 x 24 x 30 = 252 kWh or units per month x 4 baht minimum = 1,000+ baht. You might need a larger pump, so more likely 2,000+ baht in power consumption. Chemicals etc. are fairly cheap – normally less than 1,000 baht a month – and with a bit of healthy exercise as free benefit, you can do the maintenance work yourself... -
There are numerous quality pharmacies in Thailand, might be different chains in different parts of the country. If you do a bit of Google-work, you can check if there are identical brands of the medicine in question – it might have to do with if the product is still under patent or not – brands with equal active ingredients will have same effect.
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Your forgot "tax resident", which in principle is all staying for 180 days or longer in the Thailand during a calendar year. Until now nobody really cared about tourists as tax residents – as long as you didn't work in Thailand – or retirees with retirement pension coming in from abroad. From January 1st this might change, but we still lack details about how taxation of foreign money transfers shall be done.
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Investing offshore
khunPer replied to cdenn's topic in Jobs, Economy, Banking, Business, Investments
Thanks for your reply. Tax residency means that you physically stay in a country for 180 or more days during a calendar year. If you have any kind of taxable personal income, you should be able to obtain a TIN (Tax Identification Number), some banks may ask for that, even you are not fully tax resident. If you are UK resident, you should look into UK tax law, and if UK get any information from offshore banks, and how capital income and capital gain are taxed in UK, if you are not fully tax resident there. In my Danish home country, we are for example not taxed from interest and capital gain, when not fully tax resident. So, when legally tax free, it doesn't matter what a bank reports; it can even be a benefit when claiming dividend withholding tax to be reduced, when being tax resident in another country with lower dividend tax. To my knowledge, the Thai tax department won't get any banking information shared from an offshore bank. This is the trick being tax resident in Thailand – or a country with similar or even better tax-rules – that as long as funds are keep offshore, they are not taxed. -
Investing offshore
khunPer replied to cdenn's topic in Jobs, Economy, Banking, Business, Investments
No, I make a good return – this year so far +26% – but I use a trading platform and invest myself in selected stocks. -
Investing offshore
khunPer replied to cdenn's topic in Jobs, Economy, Banking, Business, Investments
Probably not possible anymore from 1st January 2024, but details are still missing... Otherwise, the system is that you have any kind of offshore income a place where it's not locally taxed – which might depend of your country of origin – and just leave any income/profits from one year to the next, or any later year, where it's magically has been transformed from income to saving from a Thai point of view. Savings is/was until 31st December 2023 free of income tax when transferred into Thailand. Unfortunately we don't know at present, exactly what happens after that date... Offshore investments can be done by many means. You might be able to open an offshore account with an attached stock market and currency trading platform – for example from Saxo Bank (link is for Singapore, it's a Danish investment bank with multiple local branches) or – depending of your country of origin – use a home country bank and trading platform, if your home country don't tax capital gains. Some countries also have a Double Taxation Agreement with Thailand, which might reduce dividend tax to 10 percent; note that here you need to transfer the dividends into Thailand in the same year as it's earned, and declare the dividends in your Thai tax return form... -
Docs needed for retirement renewal?
khunPer replied to Huayrat's topic in Thai Visas, Residency, and Work Permits
If you wish to change method, you need to have 65k baht minimum every calendar month during a year; furthermore you still need your bank deposit of 800k baht – if reduced to 400k during the extension period, it must be topped up two month prior to application foe extension – to be eligible for another extension of stay. Paperwork depends of where you stay and the local immigration office. Apart from the financial side, the can be variations in what paperwork is demanded. -
Death of spouse effect on my marriage visa?
khunPer replied to trubrit's topic in Thai Visas, Residency, and Work Permits
Sorry to read about your problems. One's permission to stay in Thailand based on marriage will be void when the spouse dies (or get divorced). As others have mentioned, there are however solutions, especially the route with extension based on retirement or due to health. You might be able to use the so-called combination method, where part of the annual 800k baht deposit is monthly retirement transfers, and the remaining part a bank deposit of not less than 400k baht; 400k baht being the minimum for a bank deposit. Your monthly retirement pensions need to be 33,400 baht each month – be aware of eventual changes in currency exchange rate and transfer fees – if you have a 400k baht bank deposit. The higher bank deposit, the less monthly transfer. Another poster mentioned mortgage as a possibility; revenue from sale of property might also be a possibility. Yes, you – or rather the estate – have one year to sell property and divide the revenue. If there is no Thai will you will be eligible to half of the estate. Preferably always make a will in Thailand if you wish your property to be divided separately from the Thai law. To my knowledge you (the estate) normally have one year to sell or transfer property. I specific mention transfer, if there are some registered "servitude" like right of habitation; which can give you permission to still live the house. In such a case, financial gain might be limited, as a habitation right can be living for free. Quote (from above link in the text): The grantee of the right of habitation does not pay rent to the grantor. If there is rental payment made, the matter becomes a tenancy. A right of habitation may be created for either a specific period of time or for the lifetime of the grantee. In case the rights are granted for a specific time period, the law states that such a period may not exceed 30 years; if a longer period is fixed, it shall be enforceable for only 30 years. The grant may be renewed for a period not exceeding 30 years from the time of renewal. Lastly, the right of habitation is not transferable by way of inheritance. -
Some countries offer a one-year non-O visa based on marriage, which gives you 90-days stay at each entry and is valid for one year; i.e. you can get almost one year and three month if you enters last time the day before the visa expires. You need to extend stay with 60 days based on marriage to get more than 90-days in Thailand or make a visa-run to a neighboring country, which I presume still can be done by land border crossing, perhaps others can verify. I used one-year non-O the first couple of years I was here – by that time I could get it based on retirement – and crossed the border to Cambodia for a lunch break to get my next 90 days.
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Visa-free travel policies boost global tourism and economy
khunPer replied to webfact's topic in Thailand News
This should bring climate activists up in the red field, as increased travel – and especially by air – should in their view be extremely bad for the progressing climate change... -
No, only money in the bank. It's when you apply for extension of stay, there is a two month maturing demand.
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TM30 Online as a condo owner.
khunPer replied to Gee Bangkok's topic in Thai Visas, Residency, and Work Permits
The link is HERE. It's a new website that opened around 1st October. You need to register again as house manager, as no information from the old system was transferred to the new system. -
If from my country, which is Denmark, nothing happens if you don't have family to take care of the remains' business and pay. Is one's remains in form of body or ashes of any importance, if the family don't want it – personally I don't care about my ash, after I have moved on.
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How to Bring Your Own whiskey bottle to Thai music pubs?
khunPer replied to henrik2000's topic in Pattaya
If the pub allow a cork-charge, it's allowed; otherwise not. Cork-charges I've seen could be from 100 baht to several hundred baht. -
Where do you buy underwear from in Thailand?
khunPer replied to Chris Daley's topic in General Topics
Brand names copies are available from the night market – might be excellent quality – I'm however not familiar with, if the sellers have a space for testing the size before buying; I presume it's not allowed to undress and try underwear in public... Real brand names can be bought in shopping malls, brand name shops and department stores, they often have a test room (at least for ladies underwear). I'm a Cheap Charlie, so I use to buy my undies in BigC, 4-5 pair for 99 baht... Boxer short are more expensive, but from around 100 baht – they might however not have well known Western brand names. -
"Social Security" for Thais. A question.
khunPer replied to swissie's topic in ASEAN NOW Community Pub
Not correct. The 600 baht is not from Social Security, but a government air. Social Security old age pension requires a number of years membership and is dependant of how much you have attributed yourself... -
Foreigners in Thailand can get a TIN (Tax Identification Number) at the local customs office. You need either a work permit, or proof of being a tax resident. The latter means proof of staying in the country for more than 180 days within a calendar year. The office might also wish proof of income. Tax return is now online and needs to be done in Thai language. You can download the P.N.D.90 form in English translation, so you know in which form-numbers to state your income. Otherwise, the local tax-payment office will normally be kind to help you.