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Oxx

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Everything posted by Oxx

  1. There is no need for offshore banking, and in many cases it can be a hindrance. (For example, some brokerages won't accept transfers from an offshore account. Plus offshore banks have a habit of closing down, making it a race to find a new home for your cash.) So, definitely keep your UK bank account and use that. Interest rates are so low at the moment that it's unlikely that you'll pay any tax anyway, unless you are as rich as Croesus. I would say, open a second UK bank account as a backup in case your bank suspects you're offshore and closes your account. It's unclear whether you're referring to cash ISAs or stocks & shares ISAs. If you're cashing in because you need the money to start up in Thailand, then sobeit. Otherwise, keep the ISAs and take income from them. If you invest in funds, you will probably want to keep a UK account for them. The range of funds that will be available to you offshore will be extremely limited, and you won't be able to open a new UK brokerage account. If you want to make additional investments you could open an account with an offshore broker such as Interactive Brokers, Swissquote, &c.. Your investments, however, would probably be limited to stockmarket-listed investments (shares, ETFs, investment trusts). (Swissquote has a limited range of, in my opinion poor, funds available, with relatively high charges compared with the UK.)
  2. From LEXiTRON, for ซาว: เอาข้าวสารล้างน้ำด้วยวิธีใช้มือคนให้ทั่วเพื่อให้สะอาดก่อนหุงต้ม เรียกว่า ซาวข้าว
  3. That rather misses the point. Every time you load a new captcha you are putting additional strain on the server. This poor design decision just exacerbates the load problem.
  4. However, if it worked the first time people wouldn't repeatedly be trying to enter the same information in a vain attempt to register. It could well be this that is overloading the system, perhaps helped by a ludicrously difficult captcha system, requiring multiple attempts to try and get it right.
  5. What makes you think it's a hard disk? Could be a 5 1/4" floppy disk.
  6. The monk had already been defrocked by the Cambodian authorities, ergo he was fraudulently posing as a monk whilst in Thailand, hence the need to get him to take off monastic robes.
  7. The monk's name is apparently Bor Bet. There's a fair bit about his background at https://www.voanews.com/a/east-asia-pacific_activist-monks-flee-cambodia-fearing-arrest-defrocking/6199517.html
  8. Fennel is not used in Thai cookery at all, AFAIK.
  9. I thought I'd make a chicken massaman curry and got a recipe from the Big C website. Some of the instructions, however, are a bit perplexing: "Add coconut milk to the tail. Then dim the light to lighten And then continue to simmer Until the chicken thighs are rotting" "you need an omelet to scoop Massaman water" I'm also a bit perplexed by fennel leaves as an ingredient. Definitely a recipe to keep if you're a keen cook. https://www.bigc.co.th/blog/en/make-massaman-curry-with-chicken-soft-sweet-mellow/
  10. I'm pretty sure they do. They will have been taught in school when learning to write, and Thai teachers are very strict about handwriting. Whether they actually apply it when posting on Facebook, probably not.
  11. Because that's the rule. Space before ๆ, no space before ฯ. See, for example, http://www.thai-language.com/ref/spacing
  12. No. Starlink is not available here. (At least, I put a Bangkok address into their website and it said "Starlink is not yet available in your area".)
  13. (1) Swissquote (in part formerly Internaxx) continues to charge custody fees, making it relatively expensive. (2) It doesn't make sense in any case holding US dividend paying stocks/ETFs given the non-resident withholding tax. (3) In practical terms, mutual funds are not available through the likes of IBKR for foreigners. (A tiny range is available if you're prepared to leap through hoops, and only with one fund provider.)
  14. Possibly the paper I linked to earlier in this topic? http://www.manusya.journals.chula.ac.th/files/essay/Phanintra_p.34-44.pdf
  15. Foursquare has 7 of them. https://www.4sqstat.com/bangkok?category_id=52e81612bcbc57f1066b7a03
  16. I don't. It has the high tone rising from the start and falling at the end. I believe this to be incorrect. I would rate a chart backed by sound academic research over one by Evan Winget (who he?)
  17. Minimum age for an IBKR account is 18. I suspect E*TRADE will be the same.
  18. Yes, and with over 4000 posts I know that links to The B*****k P**t are not permitted.
  19. High. It varies from fund to fund, so you'd need to check out any individual fund you're interested in. In any case, far higher than in more competitive markets.
  20. It has been reported in the press that the official ruling is that people two rows in front to two rows behind have to be quarantined. However, the government is considering reducing this.
  21. "Low cost". Forgive my uncontrollable fits of laughter. No such thing as "low cost" when it comes to investments here. Take, for example, K Global Equity Passive from Kasikorn Asset Management. It invests in iShares MSCI ACWI ETF. The management fee is 0.32%, and there's a 0.1% brokerage fee. This is on top of the iShares expenses at 0.32%. Buy offshore, and it's half the fees. However, you do have the issue of foreign exchange if you wish to bring dividends or sale proceeds onshore. Some of the smaller brokers, as you put it, are far larger than the bank's asset management arms (or even the banks). Several are arms of vast, international operations. I wouldn't have a concern going for one of these.
  22. It's a pity that Google doesn't know there's supposed to be a space before ๆ.
  23. Is your daughter a minor? Generally, it's pretty straightforward for a Thai person to open an account with a bank's asset management arm at any bank branch. For example, with Krung Sri, that would be an account with Krungsri Asset Management, and with Bangkok Bank, BBL Asset Management. Once the account is open you can typically buy and sell the asset manager's funds online, with money automatically being debited/credited to a linked bank account. There are also independent brokerages such as KGI, Maybank Kim Eng, &c. which will allow you to buy across pretty much the whole range of mutual funds available in Thailand. As for UK-listed shares, I think that would need to be done through one of the independent brokers. Phillip's POEMS has a good reputation in this area. Overseas dividend income is taxed as personal income. Edit: I'm a little bit out of date with banks' asset management companies. There was a plan to allow individuals to buy funds from other asset management companies - not restricting you to the asset management company's own funds. Not sure whether this has been fully implemented yet.
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