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tomacht8

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Posts posted by tomacht8

  1. 29 minutes ago, BritTim said:

    This is a misunderstanding of the rules, These minimums are for an extension of your permission to stay based on working. There is no minimum salary requirement just for the work permit. At one time, the Thai consulate in Penang would provide multiple entry Non B visas to those with work permits who did not qualify for extensions at Immigration because their salaries were too low. When Penang stopped providing these ME visas, the number of people working without work permits increased substantially because it became too onerous for people below the minimum salary levels to try to remain legal.

    Then the official from the labor department in Surattani must have told me rubbish. Based on these numbers, the minimum tax and social security contributions are calculated for the WP foreigners. I would love to work in my wife's company for 5000 baht a month. But Unfortunately, these minimum salary sizes apply to me in my Thai family company.

     

    https://www.legal.co.th/resources/corporate-and-tax-advisory/thailand-tax-law/mandatory-minimum-wages-foreigners-working-thailand/

  2. 1 hour ago, john donson said:

     

     

    please tell us which one's , I am dying to invest 5 - 10 million but everybody here or elsewhere is VAGUE at best... what stocks or funds...  tell us please

     

    LOL

    I'm not making any stock market buy recommendations here. You have to deal with it yourself and inform yourself about the risks and opportunities. If you are aiming for a 5% annual return for your 10 million baht, you should be able to generate 500,000 baht per year before capital gains tax.

  3. If you get a work permit as an employee in your wife's business, she must pay you the following minimum wage per month:????

     

    How much you get paid depends on your country of origin. Here's how it works out:

    60,000 Baht/month: Canada, Japan and the United States of America

    50,000 Baht/month: Europe (including the United Kingdom) and Australia

    45,000 Baht/month: Hong Kong, Malaysia, South Korea, Singapore and Taiwan

    35,000 Baht/month: China, India, Indonesia, the Middle East and the Philippines

    25,000 Baht/month: Africa, Cambodia, Laos, Myanmar and Vietnam

     

    Will the bureaucracy, additional taxes, social security payments, etc. really be worth it, if you look at it from the common family perspective?

     

    https://www.thethailandlife.com/minimum-wage-thailand

  4. It's sad that a foreign husband is almost forbidden to occasionally help his Thai wife in her own small business. This contradicts many social and moral principles such as the family as the nucleus of society, protection of the family, etc. This applies in particular to small businesses, where the income from the business is usually so low that the bureaucratic act of founding a family company that pays off Social Security, wages and taxes not worth it at all.

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  5. I find many of the current standard 25-40sqm new build condos simply too expensive and unattractive. Glazed concrete shoeboxes, many without balconies, many with poor construction quality, many poorly soundproofed, people packed together like in chicken cages, meanwhile high monthly administration costs. In the lower price segment between 3-6 million baht you just don't get anything reasonable.

     

    If you then look in the area around 100 square meters, prices of 15-50 million baht are announced, depending on the location. If you instead invest the money in dividend stocks or mutual funds, you can use the dividends to rent a nice beach villa or rent a nice suite in a 5 star hotel. You are also not permanently tied to the property and also without the risk of annoying neighbors who may rent their condo to fun travel groups via Airbnd.

    50 millions for 100sqm near Nana.

    No way.

    Screenshot_20230627_091932_Chrome.jpg

  6. Prigozhin will be most likely

    dead soon.

    How Putin deals with his political opponents is well known. Now Putin is forced to put on a good face to the bad game. He needs the Wagner soldiers and is now recruiting them for his own army. Then, when Prigozhin's position is weakened, Putin's revenge will come.

     

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  7. 2 hours ago, cleopatra2 said:

    But the obvious conflict of interest arises. The company is in dispute with the Government. Pita would be the leader of the Government.

    LOL.

    Then one would have to generally forbid all politicians to hold shares at all. The whole policy consists in promoting certain interest groups, industries and companies in the sense of a political-economic orientation. Many politicians have shares and are therefore not all independent in the distribution of public contracts, legislation and approval of subsidies. Since many have more than just 0.0003% from a closed media company.

  8. 2 hours ago, cleopatra2 said:

    Obviously events after the election proves this incorrect. Pita has since transferred the  shares out of his name .

    Read it again. 

    My posting concerns the fact that even an off-exchange sale (a sale not through official trading channels on the stock exchange) or a donation does not lead to his name disappearing from the official list of shareholders!

    His name will therefore continue to be on the list of shareholders. When a listed stock is suspended from trading on the stock exchange, over-the-counter sales are not registered.

  9. Deputy Commander of the Immigration Bureau, who promptly ordered inspections of foreign nationals involved in unlawful employment practices and tax evasion.

    .

    The tax argument seems exaggerated to me. I doubt that the small, temporary street stalls living hand-to-mouth pay VAT and/or income taxes at all. I've never received a receipt there. 

  10. 1 hour ago, Dr B said:

    Not a bad analogy at all tomacht8, and actually a very good response to the previous comment from Purdey, who must have only read about 10% of the information on this issue. Might I just add to your analogy by suggesting that the father didn't actually leave the engine-less car to anyone, it was just part of his estate. One child was appointed BY THE COURT to be the executor of the estate. As the executor he has a duty to maximise the return on the unallocated assets of the estate and distribute it between the beneficiaries. Trouble is, it just isn't that easy to sell an engineless car sitting in your back garden.

    Another detail is that the iTV shares were suspended from trading years ago by the stock exchange. Even if Pita had donated these shares to someone as executor - notarized -, his name would still remain on the list of shareholders because the company was frozen by the stock exchange regulator.

     

    All the manoeuvres, the accusations and the legal understanding of the election losers are so outrageous that one is surprised that they are not demanding the death penalty for illegal car parking.

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  11. It is difficult for this theater to find an analogy at all.

     

    The father dies, the children inherit a car without an engine. The law says children are not allowed to drive a car. Now there's trouble because the children have a car in the garden, .....but they can't drive it, because there is no engine in it. It's kind of idiotic that some people now want to punish the children for driving this car, although the children can never have driven this car, because it is impossible that they could drive with this car at all.

     

     

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  12. Problems are often the language barrier and also the newbie factor of Gogo Bar first-time visitors. Then comes the friendly smiling Mama San, says something, the guest doesn't understand anything, Mama San gives the thumbs up or the ok sign. And then suddenly there is a thimble-sized double tequila water shot on the bill for 400 baht.

    The experienced bar staff knows exactly what type of customers they are dealing with, and some are milked properly.

  13.  This is the 9th postponement request from Tarit. Case from 2010. 

    Many cases drag on like chewing gum for decades. A reform of parts of the legal system is overdue. For example:

    a. The perpetrators confess in the first instance, so their sentence is halved, and then appeal in the second instance.

    b. Despite clear evidence, serious criminals are released on bail.

    c. Judgments cannot be pronounced in absentia because the perpetrators escape the verdict by fleeing.

    d. Incredibly long times between offense and judgment.

    e. Sometimes ridiculous penalties for serious offenses, and vice versa.

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  14. The EC is merely a vicarious agent in maintaining certain power structures. Now the people could actually vote. And the election result is a slap in the face to those in power.

     

    The election results show strong support for both Pheu Thai and Move Forward with almost 70% of the population, which is also confirmed in the voting on the party lists at the national level.

     

    In a functioning democracy, the case would now be clear as who has the right to run the country if the people's election results were then respected.

     

    And from an institutional point of view, that would be exactly the task of an independent EC to protect the election result of the people. Unfortunately one cannot see that the EC is willing to fulfill this fundamental task.

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  15. The OP makes it too complicated for himself and gets in his own way with his list of criteria.

     

    Super pretty, sexy, slim, long black hair, long legs, no trampstamps, independent, tastefully dressed, single, no kids, well educated, intelligent, own good income, in the right age range, fascinating, imaginative, loyal, in bed a bombshell, ...

     

    There are such Thai women, but such women have thousands of applicants and are mostly looking for a material upgrade that is above their own status level.

     

    On the other hand, look at what you (the OP) can bring into a relationship. A middle age foreigner living a Bangkok's standard Thai middle-class life. 

     

    So forget your criteria, forget online dating and get to know women who you like and where there is mutual sympathy and interest. Enjoy the day. And if there are more days of mutual fun, respect and sympathy, so much the better.

     

    And if you're not the super handsome, young, super tantra stud, don't make your self headaches, that you're always going to have to pay for the woman in one or another way.

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