Peasandmash

I retired at 47 years old after working for a large American company for 25 years. Now I receive a pension each month, four times a year I receive dividends from 5 different investments (20 total payments) and monthly I earn interest on each of my savings and money market accounts.  My total expenses for our home (I'm married to lovely Thai woman) including cars, motorbike, groceries, utilities, dining, pet care, entertainment, etc, have never exceeded 40,000 baht a month (this does include our international travel expenses.). But according to this new rule I would have to bring into the country an additional 25,000 each month to qualify for a retirement visa? This seems like a losing proposition to me. I really don't see how this is a better option than just putting ฿400K into a Thai bank?  But what's really concerned me is in a few years I will begin collecting social security and then in another 10? years I will be forced to withdrawal money from my retirement savings accounts. Why does the US and now the Thai gov't want me to spend money when I have no need for it?

On 11/14/2018 at 12:35 PM, georgegeorgia said:

Reading the story in the news its alleged he was paid 10 million for his part, i wonder how many of us would do the same?

 

so please dont cast the first stone unless u never sinned

death penalty sounds right for this low life, but out of compassion his wife should be allowed to live. and I don't anyone who would do something as stupid as this.

The bad news is soon you're gonna need medical insurance to live here.

The good news is you can use the insurance to get the best damn medical marijuana available in SE Asia ????

Happy New Year!

The days when a poor, old, retired, single man could move to Thailand with nothing and live like a hobo King will be over just as marijuana is legalized.

the people who tell children there is no God are upset that President Trump questions the reality of Santa... Heartbreaking.

6 more Years!

most of these women look like monsters. what's that on their head? Is it hair? Is it real? I must smell like cigarettes and old mackerel.

It's like a trip to Jurassic Park looking at them.  Their feet are so big and broad shoulders. Are these all women or is it mixed men and women?

if i walked down a street or into a bar in Pattaya with a load of these monsters I'd feel very unsafe.

Im sorry I don't have the time to read all of this, but anyway, if not already offered, I will happily give u the 55 satang.

Merry Christmas

the only thing sadder than this, is the victim mentality that always see's faults but never works toward a constructive solution.

well, what is sadder is that this is the same political opinion rubbish the folks in Venezuela were bombarded with for years, now look at them. The people that promote this garbage should go there to live. ty thaivisa.

Merry Christmas

This isn't a big deal for most folks. the decline in market valuation effects those with money.  the swing in the market isn't going to effect most of the low/middle class, it might even help them if they are saving into a retirement fund.  if you get dividends they may be lower next quarter, maybe not. this is a rich man's tax and not a middle class problem. 

Merry Christmas

"Putin correct again....he is a genius. Yes, the US is raising the threat of nuclear war. The warmongering Neo-cons in Washington and London want a war with Russia, but they want a conventional war which they think they can easily win. Putin is signalling that there can be no conventional war, he will use nukes if he has to."

neo-cons in Washington create value.

Putin has spent a lifetime creating an empire.

according to ur logic, a genius would use nuclear weapons to destroy mankind in defense of saving their personal empire. This sounds like a madman.

Merry Christmas

transman this... and transman that.... oh, look at me... i'm transman... look at me, look at me....

Please give it a rest transman.

ty

Merry Christmas.  

soon the dirty black stain in America's economic underwear will be washed completely away. ????

Long Live President Donald Trump!

4 More Years!

On 12/13/2018 at 2:43 PM, scorecard said:

Interesting point and I do wonder how much they make. Most Thai banks have a quite poor track record (compared to other countries) in terms of overdue / never paid commercial loans, mortgages, car loans, and credit cards debt is enormous, one of the worst, by country, in the world, so yes an interesting question in terms of what returns they make when they use your / my deposits to try to make money.  

 

the premium earned on loaned money is called interest. Banks make money by charging customers interest on loans and people who save money in banks get paid interest. Something to consider is that nearly all the "legal (aka taxed)" money in the world spends most of the time in a bank somewhere.

There is a lot of valuable information here. Someone looking to solve their problems may find help just by reading the postings.

I've decided just to put another million baht into my Thai Bank account just in case the requirement for savings on deposit goes up as is being reported here.

"Charcoal burning is an unusual method of suicide. Not many would be aware of this way of absorbing carbon monoxide."

AKA death by hibachi ... very common... 

--- "I do not want to put 800k in a thai bank however, too many horror stories over the years."---

More bs... I've never heard of a thai bank taking some farang's 800k bank deposit.

What you should be fearful of is that very soon the deposit requirement will go up to 1 million baht.

The good news is, that those who currently have 800K on in a thai bank will be "grandfathered in". and meet the new requirement. 

Enjoy Vietnam

Get real, "It's a dark point in American history", r u still cashing a social security check?  To think the greatest generation's children are so weak is very sad indeed.

A lunatic, dinosaur is about to make a public spectacle of herself as a senior representative of the democratic party. She's gonna make Regan's bout with Alzheimer's look like the sniffles.  This is gonna be good.  

"I passed my car Licience , motor cycle Licience and 2 different classes of Truck Licience all while high on Marijuana!!"

there's a difference between smoking marijuana, being high and being delusional. Let me see,,, you drive well enough to pass several driving tests when you were high. At the very least,  you're a danger to the community. 

i hope this transgendered gets the help needed. the pattaya culture gives so much to the members of the lmnopq community. Education, security, jobs,  cosmetic surgery, etc. etc.

when a billionaire is President the US economy soars. when a black racist is President, the US black's racism soars.  what's so difficult to understand?

Wow... how horrible.. the good news is that in two years, we can have four more years of President Trump.