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Thingamabob

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Posts posted by Thingamabob

  1. 2 hours ago, fforest1 said:

    In a nutshell....Thailand offers no social benefits to Expats at all.....They give no legal rights to Expats at all...They offer no long term visa security to Expats at all, and no the few PRs issued dont count....The offer no ability to work,and no the few work permits issued dont count....

     

    The only thing good they offered a Expat was a easy visa...

     

    Well folks with out a easy visa the Thai government is offering Expats a grand total of NOTHING what so ever....

    No worse than most other countries.

  2. On 4/8/2019 at 12:26 PM, CanuckThai said:

    No argument, but that is part of the point.  Who in their right mind (back in our home countries), would park the equivalent of 800K baht in a bank, to basically lose against annual inflation?   No significant gain, no tax incentive, nada.   A reasonable investment (or brokerage) can almost guarantee a safe X points above inflation or X% over interest rates at a bank...

     

    An annual burning of 20 baht bills for a humdinger of a bbq, would give a better roi than parking 800k here.

    This is nonsense.

  3. On 4/8/2019 at 8:42 AM, lelapin said:

    I am not comparing interest rates with home & Thai banks. I have read many posts from people who make non bank investments  at higher rates and will no longer be able to do so. I am stating that they will not be the person in the long run who will be suffering from loss of investment.

    You're not making sense.

  4. Thailand's visa rules are much the same as most other countries. In fact, many other countries are far worse/more difficult. I would say that the easiest route is 800k in the bank for your extension of stay. If you don't/can't do that perhaps better not to remain here.

    3 hours ago, gamini said:

    Nobody is pushing foreigners out. It's just that Thailand is now trying to get it's immigration more in line with other countries. The problem is that Thailand has been for many years one of the easiest places in the world to retire. .

    I don't think any country wants to have a lot of retirees with little money and not paying tax.

    Also, most countries do not allow tourists to stay for more than six months.

    Your claims do not make any sense at all, because in both Chiangmai and Hua Hin. More and more expatriates are coming to retire there. So much so that the immigration department. In both places have to keep moving to larger premises. 

    Foreigners have abused the Thai immigration system. So much so that they are tightening the regulations. 

    They welcome genuine tourists and genuine retirees. I don't know where you live or who you associate with. But I find Thailand a wonderful place with lovely, friendly people. I made the proper decisions to have enough money to retire here as I would in any other country.

    Excellent post.

    • Like 1
  5. 3 hours ago, gamini said:

    Nobody is pushing foreigners out. It's just that Thailand is now trying to get it's immigration more in line with other countries. The problem is that Thailand has been for many years one of the easiest places in the world to retire. .

    I don't think any country wants to have a lot of retirees with little money and not paying tax.

    Also, most countries do not allow tourists to stay for more than six months.

    Your claims do not make any sense at all, because in both Chiangmai and Hua Hin. More and more expatriates are coming to retire there. So much so that the immigration department. In both places have to keep moving to larger premises. 

    Foreigners have abused the Thai immigration system. So much so that they are tightening the regulations. 

    They welcome genuine tourists and genuine retirees. I don't know where you live or who you associate with. But I find Thailand a wonderful place with lovely, friendly people. I made the proper decisions to have enough money to retire here as I would in any other country.

    Excellent post.

    • Thanks 1
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