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NightSky

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Posts posted by NightSky

  1. 21 hours ago, jinners said:

    why only rent in future? How long did you own and what problems did you come across?

    I didn't make any money on the property, I probably broke even compared to renting. Meanwhile investing in property in other countries has seen good returns. I wouldn't put others off owning its just where I am personally renting would be my preferred choice going forward most likely. 

     

    My 'too little too late' comment referred to the government offering schemes to foreigners to invest, whereas for me I wasn't allowed to buy in my name only my wife's name and its too late as she/we already sold. If I were able to obtain mortgages in my name (even after paying taxes in Thailand long term this wasn't an option for me as I didn't own the property), then we might have held onto it longer, maybe.

     

    It wasn't even affordability, it was the fact I had limited options (and my wife had fewer financial options than I would be expected to have)

     

    In addition to this, the point is foreigners have their hands tied when there is no need for this other than to disadvantage foreigners who have setup a life in Thailand.

     

    Does this help? ????

     

    • Like 1
  2. Its been a while since I needed to do this and my wife now needs to send just overt 1 million baht to the UK. She has Thai baht in a kasikorn account. She asked at the branch and they informed her she needs to give them one days notice in advance about what she intends to do..?

     

    Has anyone had any issues transferring Baht from Kasikorn or other bank to UK recently?

     

    Also I'm guessing it will be better to do the exchange at the Thai bank rather than the UK bank, is this generally the case?

     

     

  3. On 2/5/2022 at 8:33 AM, lopburi3 said:

    He was Indian and deported from Canada years ago for gangster activities per below.

    https://vancouversun.com/news/crime/former-b-c-gangster-shot-to-death-in-thailand

    Following your link and reading deeper he might have been suspected with links to rivalry shootings..

     

    https://vancouversun.com/news/crime/guilty-pleas-in-jonathan-bacon-murder-coming-tuesday

     

     

     

     

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