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ThomasThBKK

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Posts posted by ThomasThBKK

  1. 13 minutes ago, Prince77 said:

     

    It is not about "a loss" in a specific business year but about the equity of assets and liabilities. If liabilities are higher than the assets you might get 7 days to leave the country and not get any extension of stay.

     

    However, I am not sure whether this is "by law" or in the discretion of the Immigration officer.

     

    This does not make any sense, any business with debt has these things...

     

    Build a hotel for example, u prolly will get a bank loan to do that - and now u have more liabilities than assets. 

    That's totally normal, and not an issue. Certainly not by law - must be a scam.

     

     

     

  2. 7 minutes ago, hasitha77 said:

    Can anyone explain me the requirement of Tax ID for opening any international broker account in Thailand?

    I am a WP holder in Thailand and as far as my knowledge, WP holders can't directly involve in any other kind of business other than job mentioned in the work permit. Am I correct? 

     

    No, u can work every job you want, even if immigration often claims otherwise, and if you work you should also have a tax id.

     

    Tax id has nothing to do with your job, you pay taxes on a plethora of things like investments, rental income etc besides income taxes. 

     

    Quote

     most beneficial trading international stocks

     

    Obviously US stocks would be what i would buy, def nothing thai related. I wouldn't trade tho, only buy ETFs like QQQ (Nasdaq 100) or VOOG (Vanguard growth SP500 fund)... 

  3. 1 hour ago, Promula said:

    Wrong. Of course there are "concerns" from interested parties, but not the majority of the population. Furthermore, more Brits travel abroad and spend their money than foreigners arrive in the UK to spend their money, so international tourism in net terms is actually damaging to the UK economy.

     

     

    I too wish to lock up all brits, maybe we can team up on that. Make the UK north korea again!

  4. 9 minutes ago, Surelynot said:

    I think the biggest single mistake was allowing (or not preventing) other nationalities to take over the tourist hotspots. The local economies should belong to Thais and Thais alone.......not Russians, Brits, Chinese...etc

     

    Who the <deleted> wants to dive with a thai dive instructor? Are you insane ???? ? 

     

    Bunch of german tourists that barely speak english need a german dive instructor, russians, italians, spanish, koreans, japaenese etc chinese tour groups need chinese translators not thais that don't speak chinese.

     

    You native english speakers always forget there's a majority of people out there that do NOT speak english and need fluent native speakers of whatever language they speak - thais that speak english are not of much help to most tourists.


    This whole thai business only for thais is exactly the reason why thailand is thailand and not Singapore or the US. As if these pathetic protectionism actions ever helped an economy... 

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  5. 1 hour ago, DrTuner said:

    Investment category for PR has existed for a long time. But it's blocked by the demand for three years of tax receipts.

    It's not the tax receipts who are the issue, BUT they also want a valid work permit for that time.

     

    it's possible to not work here and still pay enough taxes on investments or money brought into, but then u are still blocked by no WP. 

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  6. 2 minutes ago, Surelynot said:

    So there will be a rush from????

     

    1. The unemployed...no money

    2. The retired...not much money

    3. Those wealthy enough not to have to work......no chance.

    The retired have visas already, but aren't allowed to come back, same as mixed thai couples, elite visa users....

     

    There's actually people who are willing to go through the ASQ rubbish as they are living here but aren't allowed to spend their money on it ....

    • Thanks 2
  7. 15 minutes ago, Poet said:


    He is saying that the EU is hypocritical because they urge others to open their markets but are, themselves, highly protectionist. Anyone who has the misfortunate to have to buy things in the EU is already well aware of this.

    His "narrative" does not mention the US at all. That the US might be also protectionist in no way invalidates his observation about the EU.

     

     

    That's absolute rubbish. Everyone can open a company in europe or the USA and participate, unlike in ASIA.

    What stops a thai or chinese company to operate in europe? Yeah right, absolutely nothing. 

     

    On the other hand this is what happens if a EU/US company tries to do it in China: https://www.scmp.com/tech/big-tech/article/3088817/uk-chip-firm-arm-wrestles-control-chinese-joint-venture-amid-public

     

    And that happens ALL THE TIME. 

     

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  8. 6 hours ago, JonnyF said:

    The EU encouraging others to open up markets? That's rich coming the protectionist racket that is the EU. Their reison d'être IS the single market.????

     

    Also interesting that they can do a billion Euros a day trade with China without a trade deal. Yet they expect the UK to hand over sovereignty and fishing waters for a substandard FTA to buy their goods.

     

    Also accusing China of breaking global trade rules when their own states cannot even follow EU treaties and the EU themselves break their own rules on state aid when it comes to bailing out failing Italian banks and Airbus.????

     

    image.png.fdee5e7e318ffc305d7eeb2c4347c8e3.png

     

    The EU, the hub of hypocrisy. 

    https://trade.ec.europa.eu/doclib/docs/2010/september/tradoc_146484.pdf

     

     

    So does the US with Boing... but that doesn't matter, because it doesn't fit your narratives.

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  9. 43 minutes ago, kwonitoy said:

    From OZ to Canada cost me over 200 dollars for a registered/secure document package sent from the post office.

     

    YMMV

    Just sent one via DHL Express document guarenteed 2 day delivery from Germany to Thailand, was 60 euro.

  10. 37 minutes ago, vandeventer said:

    Maybe more people would be on the Elite visa if it included free health insurance for all?

     

    There are fb groups about people desperately buying elite  visas to come back.

     

    The biggest complain people have there is that 1) the government gave only  few ASQ slots to elite owners and 2) Thai elite doesn't bother replying to goddamn emails

     

     

    No surprise, after all its run by the government...

     

    There IS demand, lots of demand but they are struggling to meat the requirments of what people want, as always... 

     

    Instead of selling them something useful they throw stones in potential customers ways...

    • Like 1
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