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timendres

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Everything posted by timendres

  1. @Crossy is absolutely correct: "Task A is to contact the card provider and talk to them." No bank wants to absorb a credit card default. CCs, by definition, are "unsecured" debt, meaning the bank has no access to collateral, and the options for resolving the debt are all undesirable. Most often, if you are communicating with the bank about your situation, and offering reasonable alternatives that suggest you will ultimately pay the debt, the bank will want to work with you. In the end, if you default, your credit score will be destroyed, and you are likely to be hounded by debt collectors (that acquired the debt from the bank for pennies on the dollar, or satang on the baht). But I do not believe that this can affect your immigration status. And it is not a criminal offense.
  2. With no work permit? I believe without that you have no access to labor laws.
  3. Companies are not charities. Whatever costs go into their production will be reflected in their prices. Hence, their customers will pay. Economics 101.
  4. As efficiently as Thais adapt, and it impresses me often, this is an organic problem that takes time to resolve. With the wages paid for these service workers, they cannot afford to be commuting across Bangkok for this job every day. They need to be in affordable accommodations near Khao San. When covid hit, most returned home to ride out the storm. The problem is that most of these folks went through their savings, and now they need to have a deposit and one month's rent to return, as well as the first month's expenses while waiting for a paycheck. Not easily acquired.
  5. Did they all succumb to a Thai girlfriend?
  6. 60+% of all global trade is still in USD. It will at least a decade or two before there is any meaningful change.
  7. Report the date and location of the "active" (entry with no exit) stamp in your passport.
  8. I use my KPlus mobile app to send money to a US bank. Exchange rate acceptable, fees acceptable, happy overall.
  9. Rose Lane has an excellent burger. Love their Samurai burger. And their buns are excellent.
  10. I forgot to add that I actually rented a box from this outfit: http://www.safedepositboxbangkok.com/ I really liked them. The company is owned by a Brazilian woman that reminded me of a stern mistress. While I was waiting to ask questions, another foreigner was there with his Thai girlfriend. He asked the owner, "Can I allow access for my girlfriend?" The owner looked at him like he was a lost puppy. Her response: "No. Only you can access." The foreigner pressed on saying that he really wanted his girlfriend to have access. The owner said "Look for another business. We never allow more than one person to access." I immediately signed up.
  11. It popped just over $1,900 per ounce in August 2011. However, USDTHB was 29.90, so the price for one baht of gold here would have been roughly 28,000 THB. Currencies make gold interesting. While gold was experiencing a decline in price in USD, in other currencies it was either flat or actually up (up a lot in some weak currencies). I never think of gold as an "investment". It is not. Gold is an insurance policy against insane governments or central banks. You should own an amount that can help you survive a crisis. It can help with inflation over the long term, but I think there are better vehicles for that purpose.
  12. I could be wrong.
  13. In BKK: https://cblockers.com/
  14. I only trust FedEx for documents as fast as possible. Two deliveries, both took three days to central BKK from Michigan. Both were pre-COVID.
  15. Computer shops will often give you a few hundred baht for an old computer, as they will usually be able to profit using parts in repair jobs. If you give it to them for free, I think they will always accept it.
  16. Likewise. When I wanted to transfer just $1,000 USD from my account in the US to Thailand, I was prompted for a copy of my passport. Okay. Fair enough. But, I am logging into my account, which I feel should adequately verify my identity. Then they required that I explain what I am going to use the money for! W_T_F?!! What business is that of the bank? I answered: "I don't trust US banks". Answer accepted, money transferred.
  17. The real problem here is the lack of a logical ordering of house numbers. Numbers are based on the registration date, not the physical location, resulting in some very difficult to find addresses. Regardless, this idea seems cool.
  18. The US Embassy will not issue any "verification" of SS or pensions, which is what became an issue when Thai immigration declared that simple affidavits of income would no longer be acceptable. There are, however, other embassies that will issue these verifications, and for those folks, these letters of verification are required, of course. If you transfer the required funds from outside the country (the transaction must clearly show the code for an international transfer) into a Thai bank account for 12 months, that meets the requirement. However, the concept of "retired" still applies, so in theory immigration might argue that an income from a full time job does not match that criteria. That said, I think I have only seen one post in the last four years even mentioning this case. If I were you, I would just state that over your lifetime you have saved into an "individual" retirement account, and the income that you receive is generated by that retirement fund. Which is true, but simplified to avoid possible complications.
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