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Banana7

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  1. If you are Canadian and have a Canadian bank account, some banks are now asking their customers to sign a form which includes foreign tax identification numbers (TIN), TD is one such bank. The form also says, that if in the future, you obtain a foreign TIN, the Canadian bank needs to be notified of the foreign TIN, within 30 days. There have been reports that some Canadian banks are closing accounts/freezing accounts that fail to comply. So if you get a Thai tax TIN, even if you don't pay taxes or file a Thai return, you are obligated to notify your Canadian bank and of course that bank will notify Revenue Canada, and it may become the start of a tax nightmare. Little details like this, which are conveniently omitted by the tax expert, can screw you in the future. I highly recommend to avoid obtaining a Thai TIN until it is required by law.
  2. First, stop eating anything and everything that contains sugar, including sweet fruit. Do not eat anything fried in seed oils. Acceptable cooking oils are cold extracted extra virgin olive oil, avocado oil, butter and lard. Do not eat processed foods/snacks or anything containing wheat or starch, like pasta, potatoes and baked goods. Confine your eating window to 4 hours per day or less. Search youtube.com, lots of good advice from Dr. Ekberg and others on one meal a day (OMAD), intermittent fasting and extended water fasting. Doing the preceding, I lost 32 lbs, waist reduced from 36 to 31 inches in 6 months.
  3. South Korea should its troops to Ukraine to counter the North Korean troops who went to the Russian front-line in Ukraine
  4. Confiscate the car. Also there is government insurance and probably private insurance. Compensation should be 10 times more than what was offered. I am amazed the cops did not lay the obvious charge of 'failing to stop for a red light'.
  5. To answer the OP's question: Basically USA attracted lots of investments because of high interest rates compared to Thailand and other countries. Investment funds in Thailand stock market dumped Thai stocks, converted baht to USD and sent $ to USA. Thai baht plunges to the 36-38 level. Now the funds are returning to Thailand, returning with USD and buying baht to buy Thai stocks. USA interests rates have started to decline. They also anticipate Thailand will sell lots of goods to China because of China's new bold economic stimulus package announced in the last 2 weeks. Also the funds expect Thai economy to improve due to an influx of Chinese tourists because the Chinese will have more money to spend because of the package. That package is worth about 3-4 trillion yuan.
  6. I am a resident of Canada for tax purposes, even though I stay in Canada less than 180 days per calendar year. I had to file this form with TD Waterhouse when I transferred an RRSP into an RRIF and updated my investor profile. Also I had to file a similar form when transferring a bank account from one branch to another. Even for Canadian citizens not living in Canada, Canada Revenue Agency (CRA) decides if you are a resident for tax purposes. There is a BIG form that has to filed to be classified as not having to pay CRA. Very difficult to escape from CRA. A Canadian, non-resident or resident tax payer, may also qualify their Canadian residential property for higher property taxes, basically if you rent your Canadian home while outside Canada. Certain cities like Ottawa and Toronto, maybe Vancouver, have an extra property tax if the owner doesn't live in it and classify it as their permanent residence.
  7. In many countries that signed onto that new international tax treaty, like Canada, they are asking for certification of tax status. Canada has just started rolling out the process for everyone that has investment or bank accounts. Attached is one of the forms used in Canada. It collects tax ids in other countries so it will be easy to accumulate and share all income data with relevant countries.
  8. I was diagnosed with hypertension when I went into Bang Lamung hospital with chest pains, BP 220/160. Since the hospital visit, I had been taking Anapril 20mg for about 3 years, which reduced bp into the 130/85 range. I changed my diet in April 2024 to a keto diet, cut out all sugars, starches, products with white flour, and seed oils. BP in June was averaging 105/68 with the Anapril. In June this year, doctor authorized to stop Anapril all together. Now I eat mostly very low net carb foods, meats, and whole foods. Now BP is: lowest 107/67, worst 134/83, most days 125/83, with no Anapril. Since April I have lost 22 lbs., BMI now is 21.5. Also cut out statins for high cholesterol. Diet can make a huge difference. With the initial keto diet, also reduce eating window to 5-6 hours per day. Now I eat only once a day, 4 course meal, and feel better than I have felt in decades. I also walk at least one hour per day.
  9. Lots traffic violations on many streets West of Sukhumvit highway. Basically, Pattaya Police are not enforcing traffic laws all the time. Many times the traffic police sit in the intersection police boxes watching TV or playing on their phones. Sometimes Police will enforce for one or 2 days, followed by 3 months of nothing. Lots of examples on Beach Road, parking in red and yellow zones, and in red painted bus stop zones. Vendors, like restaurants, block off beach road parking for their customers. Then there are the motorcycle businesses that permanently park their rental vehicles on the street. Let's not forget the food vendors on the streets. Check around Beach Road Soi 13/1 to 13/4. Some restaurants (Hops) even have parking attendants on the street reserving parking for their customers. Also, many streets have inadequate sidewalks for pedestrians, so people have to walk on the vehicle part of the road, which narrows the vehicle pathway. Of course, Pattaya traffic management people turnoff the pedestrian crossing lights, so that vehicles have the right-of-way all the time. Amazing Thailand!
  10. I learned a longtime ago, do not lend money to friends if you expect it to be returned. It's the fastest way to lose a friend. Just say I don't have money to lend/loan. If there is a good reason to borrow money, the bank has lots, and they will loan it, providing there is a good reason and a high probability of payback. They may also want some collateral. Re-direct to professional money lenders.
  11. Thailand needs to add a huge steel tariff to imported Chinese steel products else all Thai steel production companies will go bankrupt. China is dumping steel into many countries. One of China's biggest steel company declared bankruptcy, debts of many billions of dollars. Most chinese steel have more finished steel inventory than their distributors. As these chinese steel companies continue going bankrupt, most certainly, their inventories will be sold at heavily discounted prices which no producer can compete with. See here for more details:
  12. In 2 years, 2026 is the planned completion date, subject to change.
  13. I also recommend that at least one rod is 1 meter long, solid copper, and driven down below ground surface, if possible, damp soil.
  14. It's so dangerous and costly to have relationships with women in countries like canada and USA. One business man in Ontario has to pay his girlfriend $50K per month, initially for life, but later on appeal it was reduced to 10 years. They never married, and never had children, and kept separate residences. You can google it, but here is one link : https://nationalpost.com/news/canada/no-home-or-kids-together-but-couple-still-spouses-appeal-court-rules

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