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TJM55

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Posts posted by TJM55

  1. 2 hours ago, poobear said:

    From my own experience of buying 8 different properties in Hua Hin, Pranbury and Prachuap Khiri Khan, The more I appreciate the advice Andy Dyett posed by in Hua Hin News Before I made another purchase here I would look him up and pick his brain for properties and especially locations. I have never used and agent but agree with his outlook and appreciate his opinions.

     

    https://www.huahintoday.com/tag/hua-hin-property-expert/

     

     

    I will look into it. Thanks.

  2. 17 hours ago, scubascuba3 said:

    and another thing....traffic is terrible around there and Pratumnak hill on holidays, basically a car park, even tricky on a motorbike. A motorbike is essential

    My motorbike days are behind me, so I would be driving a car if I decided to buy in Pratumnak Hill. Jomtien might be better for driving/parking.

  3. 7 hours ago, bkk6060 said:

    There is no doubt that it would be a real problem for sure, and perhaps a deal breaker.

     

    7 hours ago, bkk6060 said:

     

     

    7 hours ago, bkk6060 said:
    7 hours ago, bkk6060 said:

    How about the loud crack crack crack from the firecrackers at the temple all day long? Would drive me crazy.

     

     

  4. 8 hours ago, scubascuba3 said:

    Do you know the area? I don't like the Kasetsin area, one road in and out, a bit excluded. Prices and rent cheaper than a better area.

     

    Don't buy thai company

    I'm sure I don't know the area as well as you do, but the 'bit excluded' part I like. I won't go the Thai company route. Which better areas do you recommend where a buyer can find an unobstructed sea view, manageable traffic, and close to shopping, restaurants, banks, etc.?

  5. Do any of you know of Sky Residences in the Cozy Beach area of Pratumnak Hill in Pattaya, formerly known as The Legend Residences and Amari Residences? 

    I am considering purchasing a two-bedroom/two-bathroom corner unit on a high floor with a great view of the bay and city. I would use it as a second home for the time being and perhaps a rental in the future.   

    The sea views would likely never be blocked due to the so-called protected park area in front of it. One issue is the abandoned Waterfront Suites and Residence blocking what should be an unobstructed view. The project is close to all one could need, and the traffic situation seems reasonable.

    What are your thoughts on this project?

  6. Can anyone with experience going through the process themself suggest recommendations for Pattaya law firms/lawyers that provide the standard due diligence, title search, contract review, advice, and representation in the transfer and registration for a foreign client purchasing a freehold condominium unit in Pattaya?

  7. I did an Extension of Stay on Feb 9, and the officer started filling out a new 90-day report even though I had 13 days remaining on the current online issued one. I told the officer it was okay, I still had time remaining, and that I used online reporting. She said no problem and continued to issue a new report anyway. I didn't want to say more, so I just went along with it. The new report issued in the office is due May 9.

     

    My online receipt for notification of "STAYING LONGER THAN 90 DAYS" was due on 22/02/2023, which I ignored because of the new in-office issued report due May 9.

     

    Do I need to re-register for online 90-day reporting before I attempt to do an online 90-day report before May 9, or will it work okay?

     

    The 90-day report system was working so well, but I'm not sure now because of the in-office issued report. I suppose I could always go to the immigration office and do it there if need be.

     

    Thanks.

    • Thumbs Up 1
  8. We now buy our bread at Centara Hotel and Convention Centre Khon Kaen. By far the best bread available in Khon Kaen City, and starting at 1700 hours daily they offer 50% off on all their bread, which by the way is still very fresh. Yamazaki on the ground floor of Central is excellent for some types of bread such as French bread.

  9. There's never been a Capital Inflow Tax on inbound money transfers so the only thing you have to worry about is the bad exchange rate at the moment.

    That is not true. 2 years ago, when the Military government took over, they imposed a with holding requirement of 30% to prevent speculation in the Baht (on inbound transfers of over $20,000 US). But that order was rescinded after the SET had it's largest one day drop in history. It was an ill thought up plan and was dropped almost immediately.

    One could argue if this was a "tax" since the 30% was returned when the money was repatriated.

    So the OP has nothing to worry about in bulking up his Thai account for VISA purposes and since the dollar hit 35 yesterday I also disagree with the second poster about the lousy exchange rate.

    LSM

    Langsuan Man,

    Thanks for the information. I concur with your statement about the "lousy" exchange rate.

  10. I did a search on this and was unable to find any updated information.

    It's time to have money wired from my U.S. account to meet the 800,000-baht requirement for another year's extension of stay based on retirement.

    Is the Thai government presently imposing the "Capital Inflow Tax" on wire transfers of $20,000 or more, or has it been repealed? I just need to know whether I need to request one or two wire transfers.

  11. The law is still on the books but most banks are not automatically transferring to central bank (extra paperwork to return) but holding until they contact account holder for verification it is not subject to the withholding rules. Much better to keep the transactions below 20k USD.

    Thanks for the information, I will do as you suggest & just do two transfers.

  12. About a year ago I ran into some big time medical expenses and arranged for a $25,000 transfer to my account at Krung Thai Bank in Thailand. The wire transfer was received by the bank's head office in Bangkok but they refused to release the funds to my local bank until I had written a letter guaranteeing that I would not "re-export" the money out of Thailand. This I did and the money was released. The bank official in Bangkok who had telephoned my wife about this told her that if the transfer had been $20,000 or lower there would have been no problem.

    This is excellent information to have, thanks for your reply. I will just do two transfers to avoid any problems.

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