jimmiejackson
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Posts posted by jimmiejackson
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Thanks for the info. I think it's best she avoids the limited partnership as the general partner is actually liable to the full extent of any liabilities and not just their share holding which would worry me.
Any other advice about the "paid up" or not part would be good! Thanks.
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Yes of course I can and will ask a lawyer but if I'm the only one who's ever paid for terrible and incorrect advice I would be surprised. It's nice to hear from someone who has recently done it just for some backup.
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Hi,
I have a quick question about registered capital for a Thai Limited Company.
Many years back I set up a Thai Co.,Ltd and due to needing 2 work permits we registered with a capital of 4 million Baht. As was usual at that time no money changed hands and an immediate 4 million Baht loan was made to the Directors.
I understand this has recently changed? My wife (Thai) wants to open a Co.,Ltd with the view to perhaps later employing a foreigner (who is married to a Thai National).
I understand the registered capital requirement in this case to obtain a work permit in Bangkok would be a minimum of 1 Million Baht.
Is it possible still to open the company with 1 Million Baht of registered capital without 1 million Baht ever needing to be physically moved into the company?
Looking forward to your kind advice.
For those following other threads, I did ask this under "ask the lawyer" but unfortunately he didn't answer the part about whether the capital actually needs to be "paid up" or merely "registered" and as he got the part about the Thai staff requirements for foreigners wrong I think it's better to ask the community first.
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Hi all,
I want to import some products from Australia - specifically a type of coffee and vegetable oil. Not a huge amount, maybe 6-7kg total.
From what I understand almost everything is now exempt from import duty under the FTA.
However if the supplier simply sends them to me as an individual using airmail/DHL will they be exempt from duty or is there all kinds of paperwork that needs to be done to ensure I'm not charged?
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That was easy, thanks!
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Hi all,
Quick question, just to confirm. My friend has a multiple entry non Imm B visa. She is on a 90 day entry and wants to leave the country for a holiday a week after it expires.
I believe she can apply for a 7 day extension (or technically rejection of extension) at CW for 1900 baht?
Am I right?
Thanks.
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Thanks for all the advice. For charitable donations I will be fine in that case.
In regards to points for the salary level (I am married to a Thai) is it based on the past 3 years or can I hike it up before application to get maximum points? Seems like due to my age and no PR status I'll need all the points I can get!
As for my company, of course I keep things in order however I will offload my shares anyway to save the paperwork hassle.
I think my friend was in fact applying for PR as his interview was at CW so I guess there was probably a more detailed examination involved and I don't know the intimate details honestly.
Looks like I've got another year to wait. Oh well, seems like patience will be a virtue in this process anyway.
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I am hoping to start on this road shortly and need some advice if you would be so kind:
I wonder if anyone knows the currently acceptable amount of money you need to prove you have donated to a Thai charity as part of the application? I remember hearing it was 4000 Baht, is this still the case?
Also I understand I have to provide my income receipts for three calendar years - I received my work permit in July 2012 so does this mean I can submit 2012-2014 or do I need to wait until 2015 so that I have 3 full calendar years?
I am a Director of a Thai company, will this cause an audit on my company? I have no big issue with that but a friend of mine who is a lawyer had his application rejected for receiving payment as a commission on a housing sale he had helped someone with and his entire application was rejected because his work permit didn't allow him to receive commissions. So I would rather know in advance and get my house in order.
Thanks for the help.
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Thanks - it would seem Citizenship is the way forwards. I was just leaning more towards PR because it guarantees a visa while the application is being processed which Citizenship doesn't.
My wife will certainly support my application for as long as it takes but whether or not we remain married officially for the potential large number of years the application takes seems unlikely.
Once I've sumbitted all the documents - including marriage certificates etc of course, I wonder if they ever get rechecked.
If you have time in Bangkok, you might consider visiting both Immigration to enquire about PR and Special Branch to enquire about citizenship. For both you need 3 complete calendar years on a WP because you need notarised tax receipts for 3 years. I would think you will find it easier to apply for citizenship. The minimum salary for that, if you have a Thai wife, if B40k, whereas for PR it is not specified but it is believed that they set an internal minimum of B70-80k. The documentation is rather less burdensome for citizenship too but, since you would be applying on the basis of being married to a Thai, you will need to keep the marriage going, or at least get her to support your application for a several years. It would certainly be critical for your wife to come with you to be interviewed by the committee at the Interior Ministry which is currently taking place around 3 years or more after application. If you apply for PR they do more detailed scrutiny of your marriage but are unlikely to check again after the first couple of years after you apply.
For more information on applying for citizenship see
http://www.thaivisa.com/acquiring-thai-nationality.html
http://www.thaivisa.com/forum/topic/121353-story-of-my-thai-citizenship-application/
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Thanks for the feedback all. Can you really not apply for PR on non o extensions? First I've heard of that.
I would seem better to apply for Thai nationality once I have my third extension.
The only reason I'm more concerned over doing that is that it is currently taking a huge amount of time to process - I wonder what happens if I get divorced while it's being processed?
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I've read the great thread by Camerata and can see that the acceptance or not of your permanent residence application can be quite subjective.
The reason I want to apply is that I'm currently married to a Thai and have an extension of stay based on that reason. I am privately not so sure the marriage will last and don't want to be thrown back into the shark tank of visas and uncertainty again.
These are my credentials:
British passport
2nd consecutive extension of stay based on marriage
Work permit in it's second year for my own Thai LTD export only company which has not yet declared a profit with exports of 3m Baht + this year
50,000 Baht declared income a month
4 Thai "employees" on our books (all SSF etc up to date)
Thai reading and writing ability - reasonable
Can get recommendation letter from prominant Thai businessman and maybe 1 or 2 ex Thai Army Generals
Donations made for a few years via Paypal to Soi Dog Foundation on a monthly basis
Member of prominent Charity based organization
Is there any point in applying or am I doomed to either an unhappy marriage or the unlikely chance of an extension of stay based on business (due to the fact we haven't made a profit yet going into 3rd year of trading).
Advice much appreciated.
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Do any of you have any idea what's happening to the Euro/THB rate? The last week it's fallen off a cliff!
Any ideas?
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Who said a 40 day overstay means you cannot return for a a year. At the moment there is no such rule.Seastallion, Mario 2008 is absolutely correct. The fact that an immigration officer let you do a 90 day report has no bearing on the fact that you have a multi-entry O visa and you will receive a permission to stay for just 90 days each time to enter Thailand. You will never have to do a 90 day report. The immigration officer misled you in even letting you file the report.
I know someone here in Chiang Mai in a similar situation who did TWO! 90 day reports thinking he had a one-year visa. He just found out he has to pay a 20,000 baht overstay fine, leave the country and can't return for one year because his overstay is greater than 40 days! The fact that TWO immigration officers let him do 90 day reports and didn't point out that he should exit Thailand, rather than do 90 day reports, is irrelevant.
The new rules that are awaiting approval will result in a one year ban for an overstay of more than 90 days.
So, they could get out NOW and immediately re-enter and be OK with an overstay of about six months? A visa agent told him he'd be blacklisted for a year.
Correct - that rule has not yet been brought into practice and sounds as though it may well be modified first (to remove possibility of lifetime blacklist). Anyway they had better act quickly.
No problem coming in on any Northern borders at the moment for multi entry visa holders. Would avoid the South as although they are letting multi entry visa holders in the whole situation there is a bit of a mess. For a longish overstay flying out by air from Swampy and back in is always the safest bet.
Again, they had better act QUICKLY and everything will be fine.
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Here's the shop I used several times I hope this comes out right I had to google from memory. You can barely see the Blue and yellow gear sign from this angle that signifys it's an inspection shop.
The shop that does the transfers is located behind this shop they are related. Their daughter speaks pretty good English too if she's there if not usually they can call her. I think those are the GPS coordinates in the hyperlink above if I'm not mistaken?
It's down Srong Bra Pa Rd. directly across from Don Muang airport there's a large temple on the corner then turn left and go down a ways and you'll pass a school on the left and go underneath a walk over bridge it's right on the left, drive a little further and make the first left and again left and go down to the end on the right. You may be able to get a phone number off the sign out front I can't see one though. Hope that helps.. BTW if you come from Sirat expressway from the other direction from Don Muang airport direction all of this is backwards and requires a Uturn to get back. Good luck.
Thanks again will give them a call.
Any other suggestions from anyone?
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Don't think he has any valid visa at all. There must be an alternative - happy to use an agent to "fix" it for us if necessary.
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That would definitely suck if that's the case.
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A bit across town near Don Muang airport of that is not too much distance for you.
It's quite a way but if you would be so kind as to PM me the details that would be great.
In the meantime, if anyone else has info on my OP questions please let me know!
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Seek out an agent, best way to avoid pitfalls, expedite the process and get all the answers you need for a more than reasonable price.. Where bouts in Bangkok are you?
In Sukhumvit, around the Asoke area. Any recommendations?
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Hi all, I need a little help.
I am helping my friend sell his car. He is currently back in the USA (he is a US Citizen) and the car is in Chiang Mai and he is getting it brought down to Bangkok (where I am) to sell it.
The Blue Book is available and signed but he is unable to come back to Thailand for quite some time.
My question is; which paperwork do I need bearing in mind he is not here? I have a buyer (Thai) ready but not sure about the process of transferring the ownership.
Thanks.
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It doesn't matter where the money came from or why. As your Salary within Thailand is not sufficient you will need to either show a salary outside of Thailand (by getting a certified letter from your Embassy stating this fact) of 40k a month or put 400k in the bank (in your name only) for two months before applying for the extension.
Assuming you have the capacity to get the 400k, you could get married, get a 60 day extension of stay based on visiting Thai wife (no proof of money needed) to give the 400k time to mature in the bank, then go back and get the extension once it has been in the bank for 2 months.
Using the logic of transfers, other income etc won't work. The rules are clear and they will not listen to reasons as to why they shouldn't be enforced exactly as they understand them.
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Perfect, thanks again
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Ok thanks both, great info.
So basically I will tell him to go with all the usual stuff for an extension of stay based on marriage within 15 days of his entry.
He has the 400k but not yet seasoned, is that ok? (Will be seasoned in time for the extension though).
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Another piece of advice if you can! Friend in need...
He has a visa exempt stamp having just come back from his honeymoon. He lives in Pattaya.
He wants to end up with an extension of stay to his non Imm o. From what I understand he first needs to go to Bangkok Immigration (Lad Phrao for now) and apply for a non Imm O visa (KR2, KR3 and affirmation of freedom to marry and bring his wife). He will get an under consideration stamp and then after 15 days get the remaining 75 days after which he can extend in Jomtien.
Could someone please confirm my understanding is correct and also he doesn't have his affirmation of freedom to marry (Amphur took it and didn't give a copy) - best way to get a copy
Thanks as always!
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A passport would be it for a non Thai. I made a wrong assumption.
The 60 day extension is good because it is an extension of a non immigrant visa entry/permit to stay. So no problem.
Thanks, awesome info as always. I appreciate it.
What Is It with Life Insurance Here?
in Insurance in Thailand
Posted
I've heard and often wondered about the same thing. Never got a response from anyone (Thai or foreign) that makes an logical sense.
The in-laws all have some form of insurance policy on Grandpa (that nobody likes) because by doing so they believe when he dies they'll be in for some huge windfall so at least they get something from him whether he gives it or not.
The other story I hear often is that you pay for a fixed term (10-20 years) and during that time it acts as a type of Health Insurance that pays all your hospital bills then at the end of the term (whether you've claimed or not) you get all the money back.
I have heard both many times from many different people and never had a decent explanation of how it works. There is a fact that whether Thai owned or not insurance companies are like a Casino - overall the house never loses.
No insurance company is ever going to insure an old man against the one thing that is certain to eventually happen to him - death, at a payout amount above the cost of the premiums.
No insurance company is ever going to offer health insurance essentially for free over a long term.
I hope one day to get clarification on these things because if betting an old person will eventually die can net a huge windfall in Thailand then I guess I could take out a few policies and retire.