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mramazing

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Posts posted by mramazing

  1. I have a triple-entry TR visa and just noticed it's actually valid for 181 days, instead of 180.

    It's issued 4 Sep 2015 and "enter before" is 3 Mar 2016. My previous triple-entry TR from 2014 was issued 3 Sep and "enter before" was 2 Mar 2015. So no matter if you read "enter before" as before that date or on that date, my current visa is valid for 1 day more than my previous one.

    Is this common procedure or something that I need to sort out with immigration? Both of them was issued by the embassy in Stockholm.

  2. (can't quote from mobile it seems)
    nowretired: neither the embassy in Stockholm or consulate in Gothenburg accepts applications by mail. They used to do, but I guess it became too cumbersome with incorrect applications and sending back and forth.

    http://www.thaiembassy.se/en/visa/where-to-apply

    Also, I'd rather have the agent handle all communication as they have thai-speaking employees and know the drill.

  3. Last winter I stayed almost 9 months on a triple entry visa issued in Stockholm. I've now spent almost 4 months in Sweden and about to go back to the good old LOS.

    I will apply for another triple entry. Got around 2,5 million baht on the Swedish bank statement and will attach some credit card invoices that verifies I spent around 50k/m on ATMs, hotels etc last time.

    However, I will also do remote studies through a Swedish university. That entitles me to around 40-50k per month in government aid (mostly a favorable loan). So here is the question, can I include documentation on this to make it obvious I'm not working in TH? Since foreigners are allowed to study thai, diving, muay thai etc on a TR visa I assume remote uni. studies isn't breaking the visa rules? (unlike remote work)

    Or am I just being paranoid and they will be happy with only the bank statement?

    I'm Swedish, below 30 and a genuine tourist. (don't even have a condo contract)

  4. I'm about to register a Limited Partnership, which seems fairly straigthforward. But I can't find anything about the visa process. Some sources indicates that I first need a work permit for my self-employment and then apply for a business visa in Thailand?

    Also, is there any minimum requirements of turnover or net income?

    I'm 27, Swede.

    Edit: I should add that there is a Thai citizen who owns 61%, and I 39%.

  5. I regret to say that this morning at least, it's now down to 3,71

    I think Sweden has taken a leaf out of Draghi's book. The whole of the eurozone is in recession with deflation at -0,6% so the ECB is hoping that by trashing the euro, it'll make exports more attractive.

    Once that happens, the euro/SEK should head north once more and we'll be back to inflationary pressures again. That will necessitate raising interest rates which in turn will raise the value of the currency.

    Just the old 'boom & bust' scenario all over again.

    The SEK/THB exchange rate has been floating around 3,90 for the past month, there has been no drastic change the past couple of days? I have no idea what exchange office you are looking at but if their exchange rate is 3,71 you are paying around 5% in exchange fee.

    The Swedish government are looking into dissolving the 25 year old budget surplus target of 1%/GDP to tackle the current deflation. I would look more into that and the public investments that will follow than what the worthless central banks are doing.

  6. 1. Your math is incorrect. (5,09-3,86)/5,09 = 25%.

    2. In the subject of the thread you wrote "SWEDISH CROWN FALL 32 % against THB in the last few months", which is a clear exaggeration.

    3. 20-25 000 THB for a nice place? I'm paying 8000 THB and I'm in the middle of Bangkok next to BTS, with gym, pool, security, 15th floor. You're clearly getting ripped of, or you need to lower your standards.

    4. What bank is charging you 0,02% interest rate on your bank account?

    5. Unlock your caps lock button.

    • Like 1
  7. Hopeless, We can't do much about it.

    Now the exchange rate for Swedish crown in a Thai Bank is round 3,70 baht for each crown.

    3,50 is the line for staying there I stay. Have to find a cheaper apartment to stay.

    If the SEK goes under 3,00 THB, than there is no hope left to survive here.

    But something makes me confused .

    When the people empty their Bank Accounts, what do they do with the money ?

    Gold price is still going down. That's very confusing.

    I don't have money left, but if I had some probably I should have bought some gold.

    If the people don't have money left , than WHERE IS THE MONEY LOADED ?

    Probably in these 80 rich peoples pockets. They own the World.

    But I think WE ARE MORE HAPPY THAN THEM.

    I hope we can manage some more years in Thailand and keep being happy to see smiling Thai Women.

    Cheers For Everybody

    As I'm writing this the exchange rate is 3,86. Any physical exchange office or local bank is gonna charge you at least 10-12% in exchange fee. You should get a credit card with decent rates, Bank Norwegian charges 1,75% and ICA Banken is pretty good as well. (and remember to never let the bank handle conversation at ATMs)

    That said, Thailand is still cheap for Swedes. Way cheaper than any euro-country.

    As for people complaining that Your government doesn't care. Why would they? Expats are not contributing to their home countries economy in any way. The only government who who has any reason to care whatsoever is where you are currently residing.

  8. The current exchange rate is around 4,02, you're likely looking at some exchange office's rate where a fee is deducted. It has not changed by 32% in the last few months... Looking one year back you get around 20% less THB for your SEK. Mostly because the Swedish Riksbank is trying to tackle deflation by zero interest rate and talking about negative interest rate or even quantitative easing (which failed in the US). At the same time, the Thai central bank cost of money is around 2% last time I checked.

    Since tourism contributes 15% to Thailands GDP and the export sector makes up around 70-80%, it is clearly in Thailands interest to have weak currency and the PM has talked about ways to weaken it.

    Hopefully, the stronger USD will kick up import prices in Sweden and thereby the inflation which would force the Riksbank to raise the interest rate. That will increase the SEK again. Fundamentally, there are no dark clouds in the Swedish economy other than the lack of housing. GDP Q3 2014 was 2,1% and 2015 is estimated at 2,3% by KI.

    In the early 90's the SEK/THB exchange rate was 2,90. But that was before the Asian crisis in 97. I highly doubt we're going there again. If you're having trouble financing your stay (or regarding your retirement visa), have a look at surrounding countries. For example, the SEK to Malaysian Ringit (MYR) exchange rate has only been affected by 10-15% in the past year.

    As a sidenote, if central banks can't fight inflation in a global economy, what's the point of having them?

    Here is a thread in Swedish that might interest you:
    http://www.thailandsforum.se/forum/valutakursen-2015-t13639.html

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