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Presnock

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Everything posted by Presnock

  1. exactly...thre really wasn't an appointment, the BOI rep walks one around to whereever they have to go to get something done. Maybe depends on the number of applicants. If the tax exemption remains then look for more to try to get this visa.
  2. The US would Stop The Iranians in my opinion along with the EU - Iran is well aware of this too.
  3. FYI expattaxthailand.com does webinar on DTA's - if already, they have it on video. Besides that not only do they help do taxes for a cost of course - they also advertise a FREE 15 minute consultation with expats who have a simple question to ask. I am an American so the wording of my pension or the US social security is spelled out very clearly who has the right to tax such accounts. In reading DTA of say Australia or now maybe the UK or Germany, pension could be a different entity entirely and the same with the old age pensions which sounds like social security to me but to the Thai revenue department when they read the Thai version of the DTA it might mean that Thailand could in fact tax those funds if remitted nowadays or in any future changes to the Thai tax situation. I think one should check out the expattaxthailand website for whereever ones's DTA is as and the take advantage of the free consultation to ask specific questions. If something is more complicated then it might warrant a visit with those folks. Just saying, I listened to their pension income and remember that it was pretty complete but like I said before my DTA spells out everything for me very clearly - I learned all the ins and outs of finding the information from this forum back many months ago. I really appreciate the help some people has spent a considerable amount of time chasing down various local offices to help alleviate many negative feelings. Hopefully we will soon have a much better idea of where this is headed or when or not ever. Good luck.
  4. I am married to a Thai lady and we had a college aged child that was accepted at a US college with scholarships, etc and we made plans to take her back by using a tourist visa to take her and then we would return as I had been retired here for almost 20 years, she owned our house, new vehicle and well-established bank account. However the consulate felt there was not to make her return to Thailand so refused the tourist visa and said we have to go the immigrant route. This was just about the Afghan fiasco and immigration had a backlog of over 500K applicants, and were able to process about 35K per month. We went through an agency, did all the paperwork needing visits to all levels of the local government and it took 13 months for that approval. By then our daughter had decided to go to the #1 college in Thailand as she was pursuing a liberal arts degree in Korean language and they have a special program BALAC (bachelor of arts in language and Culture). During term breaks she has been going to Seoul national University (the number one school in Korea). The combined cost of all the schooling and living quarters (condo rental in BKK) Dorm rental in Seoul) to date is still cheaper than what it would be the final cost of her education in the US. She is doing exceptional work, great grades and loving every minute of it although she has not had a break from schooling since COVID faded away. But that is what her international school taught her about education and learning, The more she learns the more she wants to continue studies! Little off the subject but I was a BKK embassy official before me retirement and that didn't help get her a tourist visa. But in the future if she wants to immigrate to the US - she already has immigration document approval.
  5. If the Iranians blatantly strike Israel, I believe that the Israeli's will make every effort to stop the nuke weapons program or hamper further progress. Just my opinion which is allowed on this forum.
  6. I do think that Israel is waiting for the Iranians to do something blatantly so that the Israeli's can strike at the nuke facilities in Iran! Israel has wanted to do that for quite some time and can fully understand why.
  7. both the UK and US have sent bombers to yemen and will continue to do so. we also target any "pirate" acty in the Red Sea.
  8. more than harsh...just like her, I have a couple of youngsters, though no where near as young as those students - closer to the teachers probably in age - but even at 77 years of age, I could only imagine the feeling of the parents of these kids. My Thai wife has alway s forbid our daughter to ride those tour buses for school trip - so instead she flew with the other 1-3 students whose parents felt the same to where ever the class was going. 54 year buses that have been in use on these roads and drivers. After the police investigation of this particular bus - from inside the bus by the concentration of bodies by the emergency doors but unable to open them - should have been automatic or easy to open from inside or outside but the driver couldn't seem to get the fire extinguisher going so he just fled the scene, I feel for those parents and other kids.
  9. checked woth BOI and it appeares that PDF is their desired uploads.. I didn't do a background check but if you are not in Thailand then maybe that is the difference. The BOI as I mentioned is easy to work with, if any questions once you begin the process, call or email they will help you quickly...like I said, start to finish only 2 weeks. good luck
  10. I retired on a retirement O 20 years ago...I never thought about taxes but then I read all about the LTR - it seemed to fit me perfectly as a wealthy pensioner. One can easily do the required paperwork from one's own computer, don't have to collect anything from a local office except download form for the application. BOI is super helpful if any problems and keeps one informed as to exactly what is needed. As an American, I provided my 1040R last two years for income verification, got a letter from my US health insurance company saying that I was provided at least USD$50K for hospitalizaton if needed and included starting an ending date, copies made on my printer of passport and visa information already have had. Download documents to BOI. Within 2 weeks I had my passport stamped. Now feel comfortable that no more 90-day reports, in and out of the country at ease, special entry line, etc. I also did an updated TM 30 just to be sure and 90-day report was good too. At the BOI, when I got my p/p stamped, they have an immigration office there too that cancels the retirement O visa. Now if I do not leave the country for the 1-year period, then I will just go to the BOI or have anyone check me in or if I leave the country, then the 1-year check in period resets. All qualifications of course like any Thai visa must be maintained during the period of the visa and at the 5-year anniversary, a renewal of all the data must still meet the necessary qualifications. Currently only the LTR has any tax exemption on foreign-earned income remitted. Like have mentioned as others too have mentioned, the BOI is very helpful. They communicate on line or via the telephone and speak excellent English. Good luck. If you have any specific question do not hesitate to ask me. I am a fan of this visa.
  11. dollar we knowis weaker - they just dropped the interest rate by 50 points and thus other banks either lower their interest rate or their currenciy i therefore stronger due to the dropping of the dollar interest rate.
  12. He will probably be willing to trade if you have a new Trumper!
  13. Yes, how did she get that position? I would think that with several different PM's fighting her about the interest rate and the economy just about going over the cliff with more local flooding daily impacting businesses, she would relent except, then I remember TIT and no logic is ever included in any action here.
  14. Totally agree! As an American, ex service plus ex civil service I can finally be amazed at how much pension I get and when I read about what the UK government does to its civil servants, I am shocked at first then also like those being short changed, then agree totally expecially when so much is given to so many that don't deserve it nor did they ever earn it as these short-changed people did so. Maybe eventually the govt will wake up! but I doubt it!
  15. Nope, never. We always leave any rental in at least as good as if not better than that it was when we moved in. I have also seen too many "after" videos in which the landlords complained and agree that no refund was due yet amazing that so many that did leave the rental in horrible condition demand the refund.
  16. Nah, I think that next week he will be selling "TRUMP" property for 500K USD for the MADAites!
  17. Yessiree! Time the parties led by the rich and powerful stop putting up candidates that are mostly useless for the country and its citizens. Just like Trump promising to lower even further taxes for the ultrarich. Dems aren't any better either. Neither candidate in my opinion is worthy nor qualified to be President of the USA.
  18. yeah I once had that problem too...on the ads there is usually a box to cancel any ads and asks for reasons - will not buy or samething like that so they stop sending the ads. that workded for me and I never got them again. good luck
  19. by definition of the Thai Revenu Department, if they stay 180 days or more in a calendar year, they are tax-residents and I have seen nothing about them being exempt as in the LTR. Therefore, I would think that the RD will want their taxes but TIT so who really knows anything about anything here.
  20. The thai leaders probably think it means that they should try to increase the value of he baht since there will be fewer buyers and they need to therefore increase the price and value of the baht to make more money - typical thai business thinking. Just like the foremer RM and current pm trying to get the head of the bank to lower the interest rate but he feels it makes the baht stronger to keep the same interest rate while other govts are lowering theirs. Just because itis causing business losses due to that interest rate, he doesn't care.
  21. Yes I recently have read about the declining birthrates in many countries, (i.e. thailand, S. Korea, Japan, etc) and the sociologists opine that much of this has been caused by the UN's programs on female equality and push for them to be more independent since the late 1900's. It has worked! Women are firmly entrenched in the workforce of many countries, like the idea of some independence from male authority and equal in earning capability. As such, after the pandemic caused shutdowns around the world, economies are suffering. Women don't want to be burdened with a child or children to care for, men sure don't want that responsibility lashed onto their backs, so marriage is now alien to those younger generations as they both men and women struggle to find a job just to survive so no kids, no marriages and soon, other countries will be like Japan - having to call retirees back to work just to keep businesses open. Is easier divorce a solution? I don't think so but I am old and think old fashiion wise but I haven't ever thought about divorce as I am happy.
  22. Sounds like the typical politician shift in policy, and never to be honest in any way except to thine ownself in order to possibly get more money from a different source. Can't trust them at all IMHO.
  23. I guess after the 100K Trump watch he will now have a new sale on his "cologne".
  24. The number of "bad" foods would take as many pages as this forum gets on tax issues but is at least factual. The best place if one does read and comprehend ENGLISH text are the two diet books of Dr. William Li a Harvard heart specialist, researcher and other titles. These two best sellers can be found in a Bangkok boodstore. Seed oils are among the bad foods. Subce huis bviijs cane out as best sellers, there are also You tube videos of various good and bad diet practices. The only valid ones IMHO are those that also give the user laboratory analysis and testing that proves the good or bad. best of luck as "good" food can also taste great. To see the results of "bad" diet, google US disease rates caused by fake "nutritious foods" with artificial coloring and tastes while the real food is nutritious.
  25. Yoy mean negotiating like Trump did with the Taliban in Afghanistan....yessir now they are back to the stone age, women lower than whale s^&%, no school whatsoever for females, women have to cover their faces whenever outside and it is against the law for a woman to make eye contact with any male other than her husband. Yessir greatest negotiator. Then of course the transfer of power to the Taliban was orchestrated by another draft dodger that showed some real stupidity too. Just how dd we manage to strangle ourselves with O, Trump and Biden? Losers for sure.
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