
sandyf
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Everything posted by sandyf
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KBank blocked WISE
sandyf replied to Freddy42OZ's topic in Jobs, Economy, Banking, Business, Investments
The Thai Baht is a controlled currency and subject to BOT scrutiny. The fact that Thai banks have been a bit more lax in recent years does not mean the scrutiny has gone away. About 16/17 years ago I had a terrible problem trying to get a relatively small amount transferred to UK. I had to bring all my pension and transfer receipts to the bank before they would authorise the transfer back to the account the money had come from. There has always been a policy that only money brought into Thailand can be remitted out. No Wise in those days. -
Indeed, I have had to do it the last twice in person as I had been out of the country. Couple of weeks ago after getting marriage extension stamp went to 90 day office, in and out in 5 minutes. Sri Ratcha is same administration as Jomtien but from the tales of woe, could be a different country.
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Will treat that with the contempt it deserves.
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That was the previous level in 2013, there was also additional requirements for children which have now been abolished. The Tory government moved the goalposts on the minimum requirements. From the same document. "The commissioning letter states that the purpose of the minimum income requirement (and similar rules not covered in this briefing) is to “maintain the economic wellbeing of the UK whilst respecting family life”. This is different from the question the MAC was asked in 2011, which focused solely on what income level was needed to prevent partners “becoming a burden on the state”. Labour now looking into it. "Shortly after taking office in July, Home Secretary Yvette Cooper announced a major review of the financial requirement, which would be kept at £29,000 in the meantime. "
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So you think I should be criticised for providing information as an answer to a question. Obviously the word context is missing from your vocabulary.
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I didn't say anything, take it up with the UK parliament.
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Why was it £18,600? The threshold was originally set at £18,600 after the coalition government considered advice from the Migration Advisory Committee (MAC). The MAC’s report recommended a minimum gross income threshold of between £18,600 and £25,700 per year. The range reflected different approaches to calculating when someone would cease to be a burden on the state, with £18,600 the threshold on one methodology and £25,700 the threshold on another. The lower threshold of £18,600 represented the level of annual gross pay above which a couple would not receive any income-related benefits. The MAC estimated that 45% of sponsors would fall short of the lower threshold amount and 64% of sponsors would not satisfy the upper threshold. The government chose the £18,600 option. The coalition said that it expected to review the level of the financial requirement annually. In the event, it remained at £18,600 until 2024 (although the Conservative Party’s 2017 general election manifesto had committed to increasing the threshold). In April 2024, the Sunak government increased the threshold to its current level of £29,000 (see section 4 below). This time the MAC was not involved. Various sources of income and funding can be used to meet the financial requirement, although there are conditions and restrictions. One important restriction is that the visa applicant’s employment income can only be taken into account if they are already in the UK with permission to work (that is, if they are applying to ‘switch’ immigration category or extend an existing partner visa). Otherwise, only the sponsor’s employment income can be considered for the initial visa application. This condition has prevented some British people from being able to return to the UK with their partner. https://researchbriefings.files.parliament.uk/documents/SN06724/SN06724.pdf
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And nothing to do with what I said. By truncating my post it would appear you misunderstood what was said. This is what was meant "anyone on state pension would be excluded(from getting a visa) by the income requirements. "visa" was inferred, the word immediately preceded your truncation. I would have thought you would be well aware of context distortion from truncating posts.
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Looks like registration now lasts for 3 years for overseas voters. https://www.electoralcommission.org.uk/voting-and-elections/who-can-vote/other-registration-options/voting-if-you-live-overseas You still have to register at your last UK address which can be problematic for those who have been away some time.
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When I started work there were NI benefits in place and the state pension was described as "30 Retirement pension by virtue of own insurance." under the NI act of 1965. The government arbitrarily rebranding NI benefits as SS benefits has never been challenged in court. The benefits you quote for exclusion are welfare benefits as opposed to rebranded NI benefits. At the end of the day it is just another discriminatory policy perpretrated by government against those abroad.
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Quite right, the topic is about fiancee or spouse visa, anyone on state pension would be excluded by the income requirements.
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Appears you have mistaken me for the OP. I am very fortunate that my wife of 16 years has no desire to reside in the UK, no chance whatsoever on my pension.
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WISE just shut me down!
sandyf replied to PumpkinEater's topic in Jobs, Economy, Banking, Business, Investments
It should be no surprise that Wise will be looking closely at US accounts and some will suffer due to the actions of others. Wise were fined $2.5M for what Wise claimed was an oversight and had already compensated the customers, about $2M of the fine was a civil penalty. https://thepaypers.com/digital-identity-security-online-fraud/cfpb-orders-wise-to-pay-usd-25-million-fine-due-to-illicit-remittance-practices--1272051 -
I did income extensions for years and the very first time they ever asked to see my bankbook was when i changed to money in the bank. Different offices,different attitudes. There was talk some years back about some offices not doing the income method.
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The Tories proposed initially £38K but following the backlash pushed it through at £29K with a view to raising it again about a year later. As far as I am aware Labour have said nothing about pushing though the second rise. If you apply for a family visa as a partner, you and your partner usually need to prove that your combined income is at least £29,000 a year. https://www.gov.uk/uk-family-visa/proof-income-partner
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Quite, but the threads on income tend to refer to credit advice as though that was the only option. Nothing more obvious as to origin of funds than a foreign remittance advice, but language skill could be an impediment. Last point spot on, Jomtien and Sri Ratcha are in same province with effectively the same boss, but poles apart.
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I would agree that all documents from a Thai bank would need to be stamped and signed. However, you do not need to use credit advice, remittance advice can also be used. I use HSBC and they post a remittance advice to my account. I would print them off and just right the statement date and amount received on them. Have watched the IO go through the statement and tick them off.
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As far as I am aware there is no immigrant visa. PR is the nearest thing to immigrant status as used by other countries. There is an annual quota and a specific timeframe to apply for Thailand Permanent Residency. The quota is usually 100 persons of each nationality and 50 persons for stateless applicants. The application is inclined to open from October or November until the last day of December each year. https://www.siam-legal.com/thailand-visa/permanent-residence-thailand.php#:~:text=There is an annual quota,day of December each year.
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Non immigrant status is either by visa or PR, you obviously believe there is a quota on non immigrant visas. I brought my personal effects over about 2 years after I came to live, maybe they changed the rules for you.
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I have been a couple of times, last time in 2019 for niece's graduation. I would suggest getting some money before leaving Thailand. If not change at airport on arrival otherwise you may run into problems at a bank. When I tried they wanted social security details that I did not have available. My wife had a Chinese account in Thailand and transferred from there. Try and get small denominations, it is almost cashless society so if you do pay in cash getting change can be difficult. Enjoy the trip, a real eye opener. Most from the west have preconceptions that will be blown away.
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UK Population Set to Surge to 72.5 Million by 2032, Driven by Migration
sandyf replied to Social Media's topic in World News
The ECHR is the cornerstone of the Belfast Agreement, do you really think anyone is going to open that can of worms. Why do you think Theresa May kicked the issue into the long grass. -
UK Population Set to Surge to 72.5 Million by 2032, Driven by Migration
sandyf replied to Social Media's topic in World News
Indeed. However net migration is a mathematical equation and like every other equation it has 2 sides. Every tom, dick and harry just wants to focus on one side of the equation and ignore the fact that those leaving the country have been reducing for some time. The country shot itself in the foot with brexit which has deterred people from retiring to the EU, not only that it caused many to return to the UK, adding to the wrong side of the equation. If the money donated to Rwanda had been put into incentives to retire abroad it may well have lead to a different outcome.