khunPer

Has it changed recently? Otherwise it must be depending of the bank; the two Thai banks I use insist so far to use my passport number.

Firstly: Do you own the house: I.e. superficies or similar agreement with the land owner, architect drawing with your name as owner; building permission in your name? The Blue House Book will be issued by tessa ban district office – the office that issued the building permission when the house is 80 percent or more finished – and is used for Thai residents. If you are house owner, you will be registered as "house master/host" and be the one to permit any Thai person to be registered in the Blue House Book. You, being an alien, need to be registered in a Yellow House Book for aliens. To be that, you need to check with the local tessa ban-office what they need of documentation; it can vary (a lot) from district to district. But normally you will always need a certified translation of your passport's name page and two local witnesses, often a neighbour and a government employee, to certify that you are the one, you are. For opening a bank account you only need proof of an address with a letter from the local immigration office, a passport and often a long stay visa. To get that you have to be TM30-registered on the address; TM30 is the name of the form used to register an alien on an address within 24 hours from the alien's arrival. You don't need to be registered in a House Book. However, someone need to be registered as "host" in the TM30-registration system, to register you on the address; it can be done online. For retirement visa you only need a TM30-registration, if you apply for a non-immigrant O-visa domestically; you don't need address proof when applying abroad or in your home country. For annual extension of stay based on retirement, you need a TM30-registration.

Why do you need a company limited in Thailand? Cheap and affordable is very relative, just as a the length of a rubber band. Typically, you'll need a registered and paid shareholder capital of 2 million baht, of which 51 percent needs to be hold by one or more Thai shareholders, minimum is two shareholders in total. The Thai shareholder(s) must proof to own the funds used to buy shares. You cannot perform any work, apart from CEO on board member level, without a work permit. For a company to obtain one work permit for a foreigner, the company normally need four Thai employees. Company tax is from 20 percent to 30 percent, depending of the profit. As a retiree you can personally invest in Thai stocks, for example with a SET (Stock Exchange of Thailand) trading account, which many banks offer. Withheld dividend tax er 10 percent, and you don't need to do anything else, if you accept that tax. Capital gain on SET-stocks is not taxable. Foreign stocks you can invest in and trade from offshore bank. You will not be taxed in Thailand of any gain, before you transfer fund into Thailand. Transferring money from abroad into Thailand is income taxable, if it's not savings documented from before 2024. You need to check Double Taxation Agreement with your home country or US, if you bring gains from US-stocks into Thailand. You will have a personal deduction of 60,000 baht and the first 150,000 baht is not taxed. The tax rate starts at five percent and rise in steps up to 35 percent of incomer over five million baht. You can use the search function and find threads with details about Thai income tax. For remote work (probably not including Thai clients) there are special visas available, including the new 5-year visa from 1st June. You are officially not a retiree, if you work.

So, why are the long staying expats the problem – is it because you don't like people in larger hillside villas with a pool..?

Thanks for point of view. But if you read my comment again, they wou'll see that I didn't mention cruise visitors as users of electricity, hotel pools and water; I said the opposite. However, they use traffic – i.e the roads and vehicles – as they are moved around the island on one day sight seeing and shopping tours; and it's not only in the southern part, as that area is without Big Buddha, Plai Laem Temple and shopping facilities. And yes, there might be some or a number of budget long stayers, but those that can afford all the available luxury apartments and villas – which is the kind of villa that Tropicalevo to my knowledge handles – can normally also afford to pay the costs of infrastructure. How much do you contribute/pay for your garbage collection? From where do you get your water? Are you concerned about your electricity use in peak periods and switch off not necessary units? Some of us longstayers actually brings money in to the nation and also pay little tax in Thailand, apart from v.a.t...

And I thought it was Pattaya, Phuket and Samui that is famous for ladyboys – i.e, katoys and the whole group of LGBTQ+...

Isn't that just a case of changing job/work in the work permit book..?

Cruise ship tourists only stays on the island a few hours, but makes a lot of traffic problems on a road system that is already overloaded. No hotels and resorts gain anything from cruise ship, and the guests will be back onboard for dinner cruise along Phangan Island towards next destination. Surat Thani-province stated earlier this year that tourism was all time high – and tourism in Surat Thani is mainly the island Samui, Phangan and Tao – and as the article clearly says, the infra structure already suffers. I know it's unpopular by some when saying it, but higher tourist income is to focus on "quality tourists" – those that can afford to spend money – rather than budget mass tourism. And of course still solve the major problems: Garbage – not only incinerator problems, but as well the visual bad looking and smelly garbage deposits on main roads – water, electricity and not to forget taxis that shall be using their meter. For the latter, the price is not the most important – let the taxi-drivers earn a fair living – but eliminate the the often rip-off negotiations about the cost of the ride; it a (very) bad feeling for tourists, even the negotiated price might be close to a fair cost.

You should also try some of the IT-retailers' online sites, like Banana and JIB.

Yes, it's good to know. Because, it's always good to know the law – I not talking about court case examples for repayment of debt – if it's illegal you can report it to the police.

I got no idea, as I never been to that kind of resorts with so few guest facilities that it is necessary to "reserve" a sun bed... Personally I would not do it, as I would never spend a day in a sunbed. The only place where I use a sunchair is when visiting Koh Nangyuan, and there are enough of them in nice shadow paired under a parasol, which is the reason for using the sunchair; and you pay for them as a pair, which I don't mind to do when using the shadow from the parasol...😎

Same as putting towel on a sunbed by the pool or on the beach at a resort to reserve it for later... In my opinion it's Okay to find a table first and then get the food, instead of standing with a tray with warm food and nowhere to sit...

Thank for correcting me...

Good to know.

This is positive reading.

As foreigner you can be registered in a Yellow House Book for foreigners and obtain a pink ID-card for foreigners. When you get permanent residency, you can be obtained in the Blue House Book, just like Thai citizens, and get a "normal" Thai ID-card.

Using the consumer price index gives you a good explanation – 2019 = index 100 – however, it depends on your life style; i.e., if you use a lot of something that heavily increase, you feel the inflation is worse... At present it's about 8% in 4-5 years, so in average it fits nicely within the ideal 2% annual inflation.

Myanmar workers have for long time been in high value for the tourism industry due to their better English skills. Samui and her sister-islands – i.e. Phangan and Tao – have many Western or relative good English speaking vistiters, Chinese were only 15% in the pre covid stats while both Brits and Germans each were 10%; the Chinese are not yet back, however both Ukrainians and Russians have instead increased the last few years.

With a relative low education – i.e., need of better schools – and political promises to double the minimum wage, are poison to foreign investments in production, where skill lacks for higher levels, and unskilled labour cost might double or more before the investment is earned back. That's probably why increase in tourism seems to be the financial way out for a government that promise wage-increase (much) faster than general inflation. Children has changed from traditionally being beneficial – i.e., working force and thereby income for a family – to being a financial burden, so fewer children sre wished for per family, or only less children can be afforded. It's general facts for most countries, where there is a relative financial grow in the population that the fertality decreases to less than two children per woman, and the population thereby ages too fast, also helped by longevity among the aging part of the population.

Yes, that's even better, as the agreement cannot be declared void. You can make the superficies – or similar agreement for building construction on someone else's land – with any landowner; just restricted by the void-challence, if the land owner is a spouse.

Yes to Yellow House Book before pink ID-card for foreigners. No to married; I'm happy unmarried and have both...

A 12-month fixed account pays around 1.30% p.a. right now, so 240,000 x 1.30% is 3,120 baht, two years deposit gives a gain of 6,280 baht with interest's interest.

Yes, that's what he said that he wished to do, when begging to be allowed to return...

If me, I would forget the monitor – easy replacement for modest cost – and travel myself to bring the remaining stuff as luggage; I've brought several PC's in that way. Data can even be copied to small travel disks, instead of larger hard drives, which also have a limited lifetime, so needs to be replaced at certain time, typically after 5 years use. It's easy to buy new fast and large SSD here, a 2TB Samsung QVO costs less the 3,000 baht. The PC might be replaceable – apart from a keyboard might be special due to foreign language keys – you can find second hand cleaned, good condition win7-PCs from major IT-equipment-sellers on Lazada for around 1,000 baht, if you don't want to buy new stuff. The microphone might be the most "valuable" part, if it's a non easy replacing model.

Same-same, but different... –but sad for the transgender, who probably needs the money more than Mike.