lostoday

Yes it is safe, very safe. You probably will have more problem trying to open a bank account with no work permit. You will need to get lucky for a staff to open one for you or know a bank manager to get you approved.

You will not have problem with immigration just the bank who wants to see your work permit.

No trouble at all. Bank of Bangkok any large bank as opposed to the small branches in the mall or whatever.

I've had money coming to my Thai bank accounts for 10 years monthly never a problem.

Try the pet forum

http://www.thaivisa.com/forum/forum/81-plants-pets-vets-in-thailand/

Reading this place so many topics demeaning to women. Are there no women on this forum that object to this?

I take offense to that. My post above was demeaning to men. So there.

Try the ladies forum. Although what does your post have to do with mine? Men who date bar girls are stupid. That is not offensive to women. It is offensive to men.

It's because they're fun.

It's because they are talented flirts.

Love is vastly over-rated!

When was the last time an educated woman rubbed herself against you in a sexy way?

And told you how hansum you were?

Mind you, I have nothing against people hooking with bargirls. I do not judge and although I have never been with one one day I maybe will.

However, I highly doubt I will get into a relationship with one, even if I am completely alone.

I agree. Stay away from hookers. They will never believe you anyway

Reading this place so many topics demeaning to women. Are there no women on this forum that object to this?

I take offense to that. My post above was demeaning to men. So there.

I think ability is the only thing that SHOULD be counted. and civilized humanity must strive for it. by hardly punishing and derision of all kinds of "initiation ceremonies"

No offense but it is obvious you are an employee not a boss/owner.

and you think general manager should base his employee choice on who have been with him in fraternity, school, uni, kindergarten?

this is called nepotism

company with such personnel policy will not prosper for long. that's why it's hardly prosecuted by any sane board of directors

Seriously?

Look up the board of directors of any Fortune 500 Company, (Wall Street in particular) and you'll see a network of nepotism and cronyism. They vote each other huge bonus packages and massive perks. They play golf together, they vacation together (they each fly in on their own jet, however), they marry each others sisters, and cheat with the same mistresses. They invite each other over for dinner, they throw massive birthday parties for each other, they sponsor each others' kids school's trips to the Himalayas (and that's the 4th grade trip), and they hire each others' coke snorting, one step ahead of the DEA, kids.

Is it right? Probably not. Is it smart? Probably not.

Are they each wealthier than the entire list of people who posted on TVF today? You bet your ass.

I believe British intelligence in WW2 was run by people mostly from Cambridge and Oxford and the USA's from the Ivy league.

The Ivy League opted out of the Vietnam war as did Oxford and Cambridge and look what happened.

I'll give you a million dollars to find the place with the largest percent of drunk dumb naive men in Thailand (young dumb and full of cu*). Where would go? A. The Wat. B. The University. C. The Library. D. A bar in Pattaya?

One thing is for sure. The government has access to the numbers to figure out how many foreigners are retired in Thailand and how much money they spend (bank reporting). If someone here happens to mention that retirees account for 7% of the GDP and a Thai economist sees that and is amazed enough to check the figures he can get accurate information in a couple of hours.

It's a big number. Houses bought and families supported and so on. Then the guy would feel obligated to tell the general just how big a number it is. And maybe the powers that be will start being a little nicer to us old guys when they realize just how much we contribute to their new BMW's.

In my experience that distinction is not drawn in Thailand. If the question was do they want poor retirees here the answer would be no. If the question was do they want retirees with 800,000 baht in the bank or a pension to equal that yearly the answer is yes.

Is there a requirement that someone with a retirement extension brings one penny in to Thailand?

The monthly income method has to come from outside of Thailand because one can't work on a retirement visa.

I also remember reading in the immigration thread that the 800,000 baht method must come from outside of Thailand but would need confirmation of that. In any event the incidence of a Thai wife providing a retiree with the 800,000 baht seems to me fantasy and for all real purposes the it can be assumed the 800,000 will come from outside of Thailand.

So, to sum up, yes the money must come from outside of Thailand.

I understand that you have to prove you have income generated abroad that can meet the requirement. My point is that it seems someone can bring between 0 to 65k in to the country which messes with your figures as it's an unknown quantity.

I appreciate very few wives can stump up 800k. But the point was they can which again messes with your figures. Many retirees / over 50's have businesses here that they earn from. As far as I can see cash from those businesses could equally be used.

I know little about economics or GDP calculations but you've made some bold estimates of the monetary value retirees bring to Thailand. I believe it's an impossible calculation and even if possible would be far less than you claim.

No. You have to get the money from outside of Thailand. Anyway it does not mess up the numbers because the cases you mention are a rarity and would not significantly effect the numbers.

I didn't make any bold claims. I suggested people do the math and figure it out and suggested a method to compute the real total.

I know how much it is but don't expect you to believe my numbers. But I do expect if you don't believe me provide the appropriate data to establish a real number.

The real Thai GDP according to Bloomberg is 57% higher because of the grey market (or close to that) do you believe that? The immigration department at the airport steals 1.6 million baht per day do you believe that?

Thailand is full of unbelievable numbers. If the real GDP is twice what is listed then my 7% becomes actually 3.5% doesn't it? Sound more believable at 3.5%?

In my experience that distinction is not drawn in Thailand. If the question was do they want poor retirees here the answer would be no. If the question was do they want retirees with 800,000 baht in the bank or a pension to equal that yearly the answer is yes.

Is there a requirement that someone with a retirement extension brings one penny in to Thailand?

The monthly income method has to come from outside of Thailand because one can't work on a retirement visa.

I also remember reading in the immigration thread that the 800,000 baht method must come from outside of Thailand but would need confirmation of that. In any event the incidence of a Thai wife providing a retiree with the 800,000 baht seems to me fantasy and for all real purposes the it can be assumed the 800,000 will come from outside of Thailand.

So, to sum up, yes the money must come from outside of Thailand.

For the monthly income method, one could own a business in Thailand or have other investments in Thailand such that the money need not come from outside Thailand and no work would be involved. For the 800K in the bank method, the bank provides a letter that the funds have been on deposit for at east 3 months and there is no mention of the source of those funds.

The monthly income method is verified by embassy letter and that assumes that the funds come from that country. The bank book indicates where the funds are deposited from and that is required with the bank letter.

Anyway speaking realistically and not pedantically 99% of retirees get 100% of their income from outside of Thailand. If you really want to argue about 1% possibility go ahead.

So far in this thread I believe the money spent yearly by the retirees that have responded averages about 2 million baht per year. And I think Naam spends that on AC alone so one can assume he spends more in total.

However I'd be willing to participate in a survey on how much retirees spend in Thailand if anyone wants to start a poll.

As to how many live in Thailand for any definitive answer one would have to ask immigration. Although I imagine Ubon Joe in the immigration forum here might have a good estimate if he would care to comment. I would welcome his input as I'm sure we all would.

How many retired foreign men live in Thailand?

http://www.stickmanbangkok.com/Reader/reader2146.htm Suggests 100,000 to 80,000 Farang total.

Wikipedia goes on to say that there are 250,000 long-term mainland Chinese; 105,000 Indians, most of them Sikhs and of which 80% hold dual Thai citizenship; 44,000 Japanese, 25,000 Americans; 75,000 Europeans not broken down by nationality; 15,000 Taiwanese; 20,000 South Koreans; 7,500 Australians; 12,000 Arabs; 20,000 Malaysians; 4,000 Singaporeans; 5,000 Filipinos; and 800 New Zealanders. Very few of those numbers are substantiated. Some contradict the other numbers offered.

http://www.dougsrepublic.com/thailand/foreigners.php

To me an interesting discussion in which it is not so easy to prove or disprove various claims of monetary contributions from farangs .

However , the point that intrigues me are the comments regarding significant contributions from retirees that I casually wrote in my first post.In the back of my mind was the correlation between Thai incomes and that of all farangs , ( not just westerners ) retirees included .

Btw , what percentage of the Thai population do you think actually work , i.e. bring home a regular income . Population is 67,000,000, approx; and ethnic Thais are 75% which is 50,000,000 , Answer = of those there are 38,000,000 working and how many are on the minimum wage ?

Food for thought

Yes it's the term significant which is confusing and I highly dispute 7% of GDP thrown out, or that overseas money has a multiplier of 10x..

But using your figures, 38 million Thais work. Let's assume for argument they ALL make minimum wage which is roughly 6200 baht per month. I would also say minimum wage earners spend every baht they earn.

The best guesstimates of farang here is 200 thousand of us. Assuming, wrongly, every single one is a retiree, we have to spend 190 times what every Thai worker spends.

That is 1,178,000 baht per month.

Most retirees spend that in a year.

If you really want to know it has been explained three times in the thread above. Sorry I don't want to get repetitive and be accused of trying to teach economics again.

I feel we're getting a little distracted here. The question is whether they want the retirees here, not whether they want their money. These are not the same thing. Money is generally welcomed, but that doesn't mean they like the people that spend it.

In my experience that distinction is not drawn in Thailand. If the question was do they want poor retirees here the answer would be no. If the question was do they want retirees with 800,000 baht in the bank or a pension to equal that yearly the answer is yes.

Is there a requirement that someone with a retirement extension brings one penny in to Thailand?

The monthly income method has to come from outside of Thailand because one can't work on a retirement visa.

I also remember reading in the immigration thread that the 800,000 baht method must come from outside of Thailand but would need confirmation of that. In any event the incidence of a Thai wife providing a retiree with the 800,000 baht seems to me fantasy and for all real purposes the it can be assumed the 800,000 will come from outside of Thailand.

So, to sum up, yes the money must come from outside of Thailand.

if your not using it at the time what harm is there in her selling it for extra baht?

OK unless her customers are from Scotland. I think it is covered under the fair use rules.

take her to bed, if she screams shes not a bar girl

Or stands on the right side of the yellow line.

You sick people.

I did it one time. I had a friend barfine my lady love and make a movie. I sold the movie and covered the cost of the detective work. He was a good looking fella. He did sound and everything. She promised me she was not going with guys anymore only dancing for tips. She was a good dancer.

You don't know why anyone should tolerate you. How boring.

I'm not a retiree, so this isn't really about me, is it? Much as I seem to fascinate you, let's stay on topic.

You brought up you when you wrote, "Unlike many here, I don't tie myself in knots over whether the locals love me". So it's really the pot calling the kettle black.

I feel we're getting a little distracted here. The question is whether they want the retirees here, not whether they want their money. These are not the same thing. Money is generally welcomed, but that doesn't mean they like the people that spend it.

In my experience that distinction is not drawn in Thailand. If the question was do they want poor retirees here the answer would be no. If the question was do they want retirees with 800,000 baht in the bank or a pension to equal that yearly the answer is yes.

Your experience being that of one who's tolerated here because of your money?

The immigration department. They don't let old guys stay who can't meet the financial qualifications. If you got a beef with them why not write to the government.

When the Thai Immigration folks eliminate the Extension of Stay for Purpose of Retirement option, you will know conclusively that 'they do not want retirees here' as per the topic heading.

I really can't see any advantage in that for Thailand. The only people who would benefit from men not retiring to Thailand are the anti psychotic pharmaceutical suppliers in the West and the euthanasia people in Switzerland and the five young guys who have to compete against the grey haired romeos in Thailand.

I don't know the detail, but was under the impression that Thailand was *intentionally* going to devalue the baht.

Fed doing rate rise, I don't know how they can. I think they'd like to, but the system is in such a state that I'm not sure it could accommodate it.

How would Thailand intentionally devalue the baht?

Very tough question. How about ... print more?

I don't think Thailand has increased the money supply of Thai baht. I've not heard of them doing so. I don't know the Thai rules and laws for regulating the money supply perhaps someone does.

I feel we're getting a little distracted here. The question is whether they want the retirees here, not whether they want their money. These are not the same thing. Money is generally welcomed, but that doesn't mean they like the people that spend it.

In my experience that distinction is not drawn in Thailand. If the question was do they want poor retirees here the answer would be no. If the question was do they want retirees with 800,000 baht in the bank or a pension to equal that yearly the answer is yes.

For the latest round of deflection let me try a generic answer.

I was comparing an employed expat with a retired person to illustrate the source of his income from outside of Thailand to inside of Thailand. A good book to read about the subject is "The Economics of Foreign Exchange and Global Finance"

Money that is earned flows from one person to another, and most of it gets spent again - not just once, but many times. What this means is that small increases in spending from consumers, investment or the government lead to much larger increases in economic output. Economists use formulas to measure how much spending gets multiplied.

I used the example of an oil and gas inspector but you could use any other example of a trade or profession that is not available in Thailand presently for the example to be valid.

The point is with income from a retiree or any foreign exchange dollars that come into Thailand the worth to the Thai economy is far greater than the face value of the currency coming in and that is one reason why exports are so valuable to an economy.

If the Thai government calculated the real value of exports or retiree spending (maybe they do and I don't know about it) they would realize the importance is far greater than the face value of the currency spent. The same is true of tourist dollars or any foreign currency coming into Thailand and it is what makes the money spent by a retiree or tourist many times more important to Thailand than the money spent by a person employed in Thailand such as an expat oil worker. This may be the reason why retirement extensions only take 20 minutes and 1900 baht once a year as opposed to visa runs or marriage visas longer and more involved process I can't tell you for sure.

Your getting very good at deflection

what is a gas inspector ? And note now you have changed it to an Oil Gas inspector ? Same question whats one of those as well while your at it

What does a gas inspector have to do with the topic? I could have said a piping inspector or a welding inspector or pressure vessel inspector or many other terms. Why not try and debate the topic rather than knit-pick terms or just try and randomly insult me.

For the latest round of deflection let me try a generic answer.

I was comparing an employed expat with a retired person to illustrate the source of his income from outside of Thailand to inside of Thailand. A good book to read about the subject is "The Economics of Foreign Exchange and Global Finance"

Money that is earned flows from one person to another, and most of it gets spent again - not just once, but many times. What this means is that small increases in spending from consumers, investment or the government lead to much larger increases in economic output. Economists use formulas to measure how much spending gets multiplied.

I used the example of an oil and gas inspector but you could use any other example of a trade or profession that is not available in Thailand presently for the example to be valid.

The point is with income from a retiree or any foreign exchange dollars that come into Thailand the worth to the Thai economy is far greater than the face value of the currency coming in and that is one reason why exports are so valuable to an economy.

If the Thai government calculated the real value of exports or retiree spending (maybe they do and I don't know about it) they would realize the importance is far greater than the face value of the currency spent. The same is true of tourist dollars or any foreign currency coming into Thailand and it is what makes the money spent by a retiree or tourist many times more important to Thailand than the money spent by a person employed in Thailand such as an expat oil worker. This may be the reason why retirement extensions only take 20 minutes and 1900 baht once a year as opposed to visa runs or marriage visas longer and more involved process I can't tell you for sure.

Do they have beef base? Seems like they would but I can't find it in the catalog.

Hi.

Do you mean beef stock for stews, soups etc?

If so, I'm afraid we don't stock that yet but we do have a great range of other beef items such as beef shin / stewing beef, Tasmanian angus minced beef, burger patties and more here http://www.passiondelivery.com/collections/passionbox-dry-delivered-nationwide.

All available for nationwide delivery with our PassionBox service.

Yes I meant beef stock like Minors beef base or other products to make sauces and stews. I didn't want to go to the trouble of stewing down the beef and making my own. Thanks anyway

Thailand want's retirees to live here because of the substantial contribution they make to the local economy. They do this in a number of ways, buying property, educating children, starting family businesses, buying farms and orchards and all kinds of money making enterprises with money brought in from outside Thailand or foreign investment. In the same way and for the same reasons Thailand strives for foreign investment it strives for retirees because they are a means of introducing hard currencies into the Thai economy. This process is facilitated by requiring a minimum being kept on account in a Thai bank.

I think we can assume that most of the retired persons living here open Thai bank accounts because of the traffic on Thai Visa about opening a Thai bank account and the volume of questions about the processes of obtaining a retirement extension.

The major difference between the retired guy and working guy is 100% of the retired guys income that he spends in Thailand comes from outside of Thailand whereas the employed person's money comes from inside Thailand. All of the advantages of foreign currency deposits are applied to the retired persons expenditures.

LOL doesnt give up, foreigners who are not retired are married or are working here/ own business' do exactly the same and typically more so what your listing are hardly unique to retiree's

Not true. They use Thai resources to make a product to sell maybe export maybe domestic. Retirees 100% import hard currency funds.

I have a friend who is a gas inspector. He gets paid Thai dollars for replacing a Thai employee who has not been trained to his level. The Thai money he gets he exports to his home accounts because his expense money covers his daily expenses. He is a parasite on the Thai economy where as the retiree only contributes and takes nothing away.

If true, 'sounds like an exceedingly rare case. And apparently because his skills are in actual demand, thus enabling the company he works for to do what it does, and employ the other Thai employees that it does. Presumably therefore, that company is an asset to the Thai economy. So, no, not only is he atypical, he's not a "parasite" if you just take a step back & look at the bigger picture.

I didn't say bad but he lives off the Thai economy. A retiree lives off the Western economy. A worker in Thailand gets paid from the Thai economy and a retiree gets paid from the Western economy.