
mran66
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Report Thai Woman Finds Abandoned Box with 12 Million Baht in Condo Waste Area
mran66 replied to snoop1130's topic in Bangkok News
That's the net after taxes. So same with a different point of view. -
LTR Visa- Ive got questions. Please help !!
mran66 replied to craig letvin's topic in Thai Visas, Residency, and Work Permits
Well, insurance is something at least I have had and will have as long as I qualify for one so no savings from that to skip LTR. And in case the worldwide taxation would come, cost of insurance would be meaningless compared to tax savings. Even with the tax on remittances only insurance far less than tax savings -
LTR Visa- Ive got questions. Please help !!
mran66 replied to craig letvin's topic in Thai Visas, Residency, and Work Permits
The LTR must be one of the simplest thai visas that one can get, though I only have experience of a tourist visa (in Vientiane over a decade ago) and non-o retirement, both of which I managed to do myself without any major trouble. With LTR the big thing is you don't need to go visit immigration office multiple times telling you that something is not as they wish even if according to official requirements). Instead you just upload the pdfs of required documents to their website and if they ask foe something more, upload those. No hassles with immigration officers with varying requests and going back and forth to immigration and waiting on queues. If you are able to get the required documents (that agent can't do for you anyway), you must be able to upload them to their website too. I can't see any added value from any middleman, just additional hassle. As a bonus you get rid of the 90 day reporting and from keeping your cash locked into bank account - not to speak about the tax worries -
LTR Visa- Ive got questions. Please help !!
mran66 replied to craig letvin's topic in Thai Visas, Residency, and Work Permits
For me they cared enough to ask for statement of portfolio where the income is derived from. Initially I only submitted income report for 2024. I guess the purpose of the request was to kind of verify the income is truly 'passive', not some non-qualified income structured into passive income -
LTR Visa- Ive got questions. Please help !!
mran66 replied to craig letvin's topic in Thai Visas, Residency, and Work Permits
I have not filed income tax returns anywhere for over 10 years and got my LTR WP so not mandatory as long as you have evedince to prove your income that is qualified. I just submitted my statements from financial institution that holds my stuff and that was good enough. -
Report Vietnamese Sex Workers Surge in Bangkok Amid Visa Policy Concerns
mran66 replied to snoop1130's topic in Bangkok News
I would think thai govt and esp TAT and BoT would be happy as this means foreigners bring their cash to thailand instead of traveling to Vietnam. If not enough local workers, need to just import workers to satisfy demand and keep forex coming to thailand. -
Honesty anywhere in Thailand is largely fiction!
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Accident Incident at Udon Thani Rice Mill Claims Life of Elderly Woman
mran66 replied to Georgealbert's topic in Isaan News
Based on the picture it looks like 19th century rice mill. Obviously with 19th century safety features. -
Report Thai Medical Council Debunks Thaksin’s Critical Illness Claims
mran66 replied to webfact's topic in Thailand News
555 As long as remains in the short leash installed by conservatives, I don't think he has much to worry as both parties have a lot to gain. Rememer who controls judical system. Question is rather whether we will see further entertaining developments with the arrangement he has with power holders. I believe we will -
Report Thai Medical Council Debunks Thaksin’s Critical Illness Claims
mran66 replied to webfact's topic in Thailand News
Wonder ir there is any single individual in this world who knows anything about taksin and thai politics and would have believed the narrative in the first place. The whole thing was was too obvious. Same thing goes for the 'negotiations' about possibly forming govt with MFP. Just smoke and mirrors to haze the plan incl truce with conservatives. -
Report Ladyboys Brawl on Soi Bangla: Viral Video Sparks Outrage
mran66 replied to webfact's topic in Phuket News
What's the shocking part?? Ladyboys fighting with someone is about as shocking as an Isaan lady eating Som tam with extra plara shot. -
Accident Dramatic Skid: Air Force C-130 Veers Off Samui Runway
mran66 replied to webfact's topic in Koh Samui News
Next news story about a thai ship that hit land due to brake failure.- 64 replies
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Travel Rising Prices, Broken Systems Dim Thailand’s Tourist Charm
mran66 replied to snoop1130's topic in Thailand News
...and the very same tattoos stretched to unrecognizable patterns due to obesity the was the final nail in the coffin. -
Sent an email to LTR office, and they replied quickly. In conclusion, it seems there is no issue at all to do as I was thinking, rather it was just the lady in LTR counter who was not familiar with details. Actually handy to have contact to ask questions like this directly in writing vs. the usual mumbling with vague and changing answers in Jomtien immigration... ------------------- Referring to your inquiries, please see the answer as follows: 1. I visit in home country in July, and apply new passport while there (would be much easier and cheaper for me there than in Thailand via embassy in Bangkok) Answer: Yes, it is okay to get a new passport form overseas. 2. I come back to Thailand in September, and show both the new passport and the old passport (with the LTR visa stamp) at immigration. I know that the validity of old passport would not be enough to enter, but I would have the new passport also. Answer: Your current passport which contained LTR Visa is still valid. You have got a stay permit stamp equal to the expiration date of your passport which is 4 November 2025. Therefore, you can use it to enter Thailand in September. 3. I come to BOI office to transfer the visa in September after arrival to Thailand (old passport would have 1-2 months of validity left). Answer: After arrived Thailand in September, you should transfer your LTR Visa to your new passport before your current passport expire on 4 November 2025. Kind regards, LTR Visa Member Team
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Old passport would only have 1-2 mo validity left at that time so would immigration let me enter without showing new passport? If so, would they stamp old or new passport? Anyway seems I tried to be too smart/lazy optmising number of required visits to Bangkok and not paying extra for embassy for passport. End result maybe that I do one visit more than I would have needed to do by getting new passport before getting the LTR stamp. I just sent an enquiry to LTR office about this, see what they reply.
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Short commentary of my LTR application experience: Filed my LTR (‘Wealthy Pensioner’) application on 25Feb. I submitted 2024 annual report from investment bank as evidence of passive income as I do not have any tax return documents to share (as I do not need to file tax return anywhere). Also wrote brief explanation of why so as an additional doc to the application. As commented by other posters, that was OK – however, as additional doc that was not in the requirement list, they also asked to provide statement of the portfolio where that income is derived from. I just submitted portfolio report and that was enough. Got the approval on 25Apr so took exactly two months from filing the application to get the approval from the system, maybe because of them moving to new office during the period, as well as Songkran holidays. Appointments available already on Monday 28th, so after approval visa comes quick. About 65min in the office, 90% of that waiting at different steps. Overall, the process is smooth and simple if you ask me. However one surprise: I got the visa to passport that expires in November, and told the lady in the office that my plan is to get new passport in home country in July, enter Thailand with that (showing visa in the old one) on September and then transfer the visa to new passport when back. However she said ‘it is better’ to apply new passport from embassy here and transfer the visa before leaving the country. I did not manage to get black and white answer whether it is mandatory (i.e whether I would loose the visa if did what I had planned), just that ‘it is better’. It appeared that she was not sure and I did not push her further. Anybody have experience in this situation i.e leaving the country with visa in old passport, and then entering with a new passport received from home country, and then transferring visa after arrival? Old passport would have 1-2mo validity left when entering. Just would be much more convenient for me if can do new in home country as could skip trips to embassy and pay the exorbitant fees of getting passport from embassy. However, not worth a risk if there is a risk of loosing the LTR if do like that.
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Politics Thaksin Plays it Safe: Keeps Bhumjaithai in Government Fold
mran66 replied to webfact's topic in Thailand News
Pretty good description of the situation. Thaksin is in a short leash for rest of his life and he would not be stupid enough to try to break it. -
At least they focus on innovation for democracy as there is a department for such "Office of Innovation for Democracy at King Prajadhipok's Institute" Looking recent history one can only wonder the focus areas of their innovation (reduction or growth). Anyway looking at the end result, maybe not a bad idea not to have focus on innovation in companies....