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orchidfan

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Posts posted by orchidfan

  1. 3 minutes ago, Jingthing said:

    Now I'm confused as I will be new to doing income letters.

    As an American, I have been under the impression that you state your income to the embassy in the home country currency, in that case U.S. dollars of course.

    Then at the time of application, the officer does the math to see how much that is in baht at that later date.

    Assuming that's correct, other nations allow you to have your income letter stated in baht at the time of the letter?

    Really? 

    Yes. That's what I do. Quote income in foreign currency and "approximate" baht equivalent. ..which embassy endorse. No checking or calculations done by IO.

    Maybe I'm lucky and maybe it's just that office. As we all know they all have different rules and interpretations of the regs.

    • Thanks 1
  2. 20 hours ago, Jingthing said:

    This about people doing COMBINATION applications. It is not about people doing income only applications or 800K bank account applications. Of course some people doing income only applications can fall into similar traps if they think they have enough income to meet the 800K but due to exchange rate declines do not.

     

    A member did bring up another complicating factor. SPENDING during the seasoning period. I deliberately did not include that factor to simplify the question I had. That is a real life issue for both COMBINATION applications and pure 800K bank account ones. 

     

    But its IMPLIED here that you either have a SPENDING ACCOUNT separate from your extension qualifying account OR your spending is from the extension qualifying account but you have estimated your spending needs as a SEPARATE risk factor.


    This is ONLY about the risk factor of exchange rate changes on the INCOME portion of your COMBINATION application during the SEASONING period.

     

    Sadly I predicted people were going to go way off topic and talk about full bank account 800K method. 

     

    This is a very specific topic only about COMBINATION applications. 

     

    But again I can see it does apply to pure INCOME ONLY applications in cases where the income is not much above 65K monthly at the time of the seasoning period beginning for COMBINATION applications. Such people should definitely be proactive and have a bank account with some BUFFER to prevent being hit by a rate decline on their income. So those people planning to do pure INCOME applications may have the flexibility of using the COMBINATION method if it turns out it is needed at the time of application. 

    I use the Embassy or Consulate method for income only application.

    Just prior to my extension renewal I have the embassy endorse my "income" at whatever best exchange rate I choose...cover it with nice coloured stamps or "chops"...then I have this formally translated  into Thai with more nice coloured stamps.

    My local IO accept this without question or checking. ....so far so good!

  3. 11 minutes ago, BritTim said:

    The rule (more honored in the breach than the observance) is:

    • if in Thailand for less than 180 days during the year, you are only liable for tax on earnings made within Thailand; but
    • if in Thailand for more than 180 days, you are liable in addition for worldwide earnings, but only insofar as they are remitted to Thailand within the year they are earned.

    Money is fungible, so trying to prove whether any particular dollar transferred from a bank account constitutes current year earnings in naturally rather tricky. If you totally separate current year earnings (such as by keeping it in a separate bank account) you can perfectly legally avoid tax on those earnings by Thailand.

    I don't transfer money here to Thailand. ....just use my foreign ATM card here. But withdraw in larger sums as the local bank charges of B220 is the same whatever the amount.

  4. 1 hour ago, bmanly said:

    Yes I have thought about this too but a friend of mine was knocked back at Jomtien for a 30 day extension. No reason for it, just stamped. it must leave in 7 days. He had no previous extensions and was trying to do the extension on top of a tourist visa. I don't really want to be forced to do another trip out....just saying what can go wrong that's all.

    Visa exempt 30days CANNOT  be extended at Thai Immigration.  only a 30 or 60 day Tourist visa you obtain outside Thailand can be extended after you have arrived here.

  5. 19 hours ago, a1falang said:

    Yes, I have a similar inquiry. I'm presently in Da Lat, Vietnam, lovely and cool up in the scenic mountains. (VietJet Air recently started direct flights from Bangkok.) I'm wondering whether Hanoi or HCMC is easier to deal with. Looking at their websites, it seems Hanoi is not so demanding or strict.

     

    http://www.thaiembassy.org/hochiminh/en/services/7442/80804-For-Non-Vietnamese-passport-holder-|-Dành-cho-ngườ.html 

    http://www.thaiembassy.org/hanoi/th/services/1761/25691-Tourist-Visa.html (assuming this applies to non-Vietnamese passport holders too)

     

    Anyone have any recent experiences with Hanoi?

     

     

     

     

     

     

     

  6. 2 hours ago, gjoo888 said:

    I've lived in the same house for 12 years and my last electric bill was the lowest we've ever had in spite of numerous rate increases over the years. You might want to check to see if someone is tapping into your electricity, or if you have something that is causing abnormal usage.

    Living in my house in Bangkok over 10yrs the bills have dropped 30% after installing 100%LED bulbs inside and out. Everything else the same.

  7. 10 minutes ago, ubonjoe said:

    Yes it will be accepted.

    You will do a statutory declaration to prove your income.

    There is no requirement for your pension to be transferred to here.

    Thanks for your reply  Ubonjoe.

    I guess I just type up a stat dec myself? No need for a lawyer?

    If accepted it'll save the hassle of 400 in my personal account for 2 months, Bank letters (which last time took a few days to get)

     

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