yodsak

8 minutes ago, bender92 said:

Yes, just now I saw that the dollar is below 30.

30.74 

16 minutes ago, Naam said:

i stand corrected but ask to be excused for my lack of knowledge as i don't mix with people who participate in clearly criminal actions.

Fairynuff,   you're excused, It does depend on who you mix with, and where you live. 

Not many ads for   ''Retirement Visa: Funds Needed''

7 hours ago, Naam said:

i think that's a misconception. i know a number of people (and that includes me) who use agents to handle extensions as well as 90day reports but based on matching all legal requirements, i.e. 800k in a Thai bank.

 

the answer to the Captain's "don't understand why thousands of Baht" is "because they can." as simple as that.

Using agents to supply 800k is not a misconception in Pattaya.  Hard to find someone that doesn't have the 800k supplied.    

I agree that not all people that use an agent need the 800k.    People with funds use them ''because they can'',  for ease ,convenience, and to avoid crowds, queues, waiting and Thai officialdom.     

My agents just done my 90 day. 400 baht.      

Quote from webfact:

1 hour ago, dcsw53 said:

the baht has risen 5.1 per cent against the dollar since January 1, while the yuan has dropped 2.3 per cent. 

1 hour ago, dcsw53 said:

Bullshit
Dec 31 close   USD 1 = THB 32.54          Today     USD 1 = THB 30.72
                     CNY 1 = THB   4.73                        CNY 1 = THB 4.37

They have both weakened against THB, as has almost all other currencies, EUR, GBP and AUD. 

He's saying the yuan has dropped against the dollar... 

3 hours ago, Captain 776 said:

 

 

cant understand WHY anyone wants to pay an agent several thousand BHAT just to make copies for you.

 

They pay them several thousand baht to supply 800k   [allegedly]

38 minutes ago, usmike said:

No FFT transfer Now

Send it SWIFT.

2 hours ago, Harveyboy said:

Do you know what charges there are on withdrawing is it a % or a fixed sum just been reading a post here where an op was charged 2% to draw out his cash cost him 1600 quid ..

It's a %.   You don't draw cash out of a sterling A/C,   You transfer it out of your sterling A/C into your baht A/C .  The bank will give you the TT rate. Around 0.5 baht lower than the interbank rate.

  The same rate as transferring  sterling from the UK into a baht A/C.

And remember every year your £ is worth less against the baht.  33% down in 4 years.

10% down since May.    

1 hour ago, gamini said:

The government intends to put a stop to this and has already insisted that the full amount of  money be kept in your account for eight months and have bt400,000 for the balance four months. They hope that this will help put a stop to this practice. I can't see an agent getting around this easily.

The new rules came in in March.   Hasn't made the slightest bit of difference apart from increased use of agents.   If they wanted it stopped they would stop it.

4 hours ago, Thingamabob said:

If I've said it once I've said it a hundred times, go the 800k route and don't use an agent.

If you have 800K. 

1 hour ago, sumrit said:

Unless, of course, the IO's tag a persons Immigration file with a code of some sort that says an agent has been used to process the application.

And why would they do that ?

4 hours ago, brokenbone said:

no, it cost 10 x more but at least you get the visa

Not in Pattaya. ฿14,000.    ฿12,000 more than DIY...  thats an extra  ฿1000 a month or ฿230  a week.   ฿33 a day .   

6 hours ago, IvorBiggun2 said:

6 hours ago, yodsak said:

 

They want to stay here, maybe they have families so they use agents.

 

I have 3 kids and that's why I play the legal card. I'm not prepared to use an agent and put myself in a position where I may end up depriving them of a father due to being kicked out, if caught.

I was referring to expats that don't have the funds.  

Do they relocate, take the family with them?

Leave the family here?   

Use an agent ?   

98% of people using agents don't have the funds. And never will, so they won't need to get out of the agency system.   

In Pattaya it's hard to find somebody that doesn't use an agent.   

1 hour ago, simon43 said:

 For many expats who are in the position of insufficient funds (that includes me), there are legal alternatives ==> return to your home country or relocate to another country in south-east Asia with lower visa financial requirements.

 

Yes there are.   But they don't want to go home, or relocate.   They want to stay here, maybe they have families so they use agents.  The expat is happy, the agent is happy, the IO is happy.

And if people don't want to use agents then they don't have to. 

4 hours ago, iainiain101 said:

 

Very true, prior to the Tiger crisis of 1997, one GBP got you just under 40 Baht.

 

 

Correct. 

monthly average for june '97 40.35. 

2 hours ago, puipuitom said:

Before you write anything on any Internet blog, first verify :  

 

24 minutes ago, Harveyboy said:

So i could open a foreign currency account i can transfer the cash with online banking Barclays sain no chare if i do it only if they do..but will this arrive and stay in my account as pounds and not converted as i have a considerable amount to transfer but not into baht 

If you have a sterling account and send pounds then it will stay in pounds.

2 hours ago, Captain 776 said:

Its so easy now. No need for agent. But its your money

Not so easy if you don't have 800k.

20 hours ago, Tomahawk21 said:

depreciate  to what ? and why would it ? please explain your thoughts, im interested. 

Sorry, i should have said it's depreciating against the ฿ and everything else.

If you put £25k into a FCD it's always worth £25k.  

If you changed it into baht in August 2015 at 55/£ you would have got ฿1,375,000.

Pre brexit  2016 at  52 =  ฿1,300,000

 May  2019  at 42 = ฿1,050,000

Today at  38 =    ฿950,000

 So if you changed £25,000 to ฿ In 2015 and didn't touch it you would be ฿425,000 better off than if you changed it today.. 

 Change ฿1,375,000 back into pounds and get £36,000

  They pay next to zero interest on a FCD A/C.

The last time it was this low was in  1997 

The way Boris is going expect more downside.  37.71 and falling at the moment 

57 minutes ago, Tomahawk21 said:

 

 

why  not open a sterling account send and keep the money in sterling thats what i do

And watch it depreciate.

21 minutes ago, Captain 776 said:

Why.....waste time n money on an agent.

Lived here 14 yrs always did it myself.

Now they are so efficient, its crazy to use an agent.

Try doing it yourself when you don't have 800k.  

 Many people waste time and money on an agent because they don't have 800k, or don't want to tie up 800k.  Crazy. 

13 hours ago, rvaviator said:

Who created God ?


Sent from my iPhone using Thailand Forum - Thaivisa mobile app

All current evidence points to the conclusion that man created gods, all gods not just ''your'' god.

Update.  Thats the name of the agent i used.  

Lucky i got the book back in time.  

4 hours ago, zhangxifu said:

 

As you explained the first case. They went to bkk and changed your name as the owner. Cost is less than 100 thb. It should have your name and chonburi address as owner but bike remains in bkk register. No problem what so ever.

Cost to change registration province is high. Over 2000 thb. It was not necessary at all.


Sent from my iPhone using Thailand Forum - Thaivisa mobile app

 

I paid her to put it on a chonburi plate with my chonburi address, the same as the res' cert'  

It came back 5 months later with my name, same plate and a BKK address.

 So an incorrect, false,  as in not my chonburi address.

Who's address is it ?  

 Who gets the speeding tickets  ?

I had no idea what it should have cost because i have never done it before.

  She's done it on the cheap so she can pocket the money.