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amerioca

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Posts posted by amerioca

  1. 23 minutes ago, Tod Daniels said:

    Take the BTS to the Sukhumvit/Asok station, go down and get on the MRT, take it to Bang Sue, go upstairs and get on the SRT Red Line to Laksi Station.

    That station is right next to IT Square Laksi Plaza.

    The immigration office is on the third floor

     

    10 minutes ago, amerioca said:

    Tnx. That sorta fits my schedule

    Would you know, if they have a photo studio in the mall? Got some passport pics with me but different size (2X2 inch)

  2. I gotta agree, I am sort of confused. I got my thaipass on December 20th (within a heartbeat, just about 1 minute after I clicked the send button.) Got in on January 5th on a TR visa, did my 1 night quarantine and that was it. No problems, no questions ask. But I heard that regulations have changed and I would need a second test after 6 days or so. Me inquiring  if I have to do a second PCR test to immigration and hotel.... no one really seems to have any idea.  Had the whole 9yds on answers: All the was  from "you should, you could, you may, you can etc.  I have no problem whatsoever doing a second test but also don't really want to drift 2500Thb drown the drain considering that i have to do ATK tests here almost by the day.

     

    Do I need a second PCR or not?? Anyone here can help out with info???

     

    Tnx in advance

  3. There is another office besides Lad Phrao and it has been reported as being less crowded. See: Immigration services at Cheang Wattana now suspended

    You could do in Jomtien but you will need an address for there to put on the application form. A hotel address would be accepted.

    Tnx for the quick reply. Are you aware, if this is the right form:

    http://www.thaivisa.com/forum/files/file/7-tm7-extension-of-temporary-stay-in-the-kingdom-application-form/

    Tnx

  4. I am currently in Bkk and thinking of going to Jomtien for the extention as they have temporarily relocated the Immigration office to Lardprao which is probably more crowded and also fairly remote in Bkk. Can I go to Jomtien (just connect it with a 2 day stay to get a break from Bkk) Anybody experience which of the two is the easier option? (I guess, legally I would be able to extent just at any immigration office in the country???) Tnx for advise in advance.

  5. Just as an example....if your interested in Hua Hin ....Condo's at the Sports Villa ....(there is one available that I know of....PM if interested) for 880,000 Baht (studio) If you rent to an expat on long term basis for 4000/month your return is around 5%....should be easy to rent at that price....maybe can get more????

    Interesting. I wonder what the net rental yield would be.

    Assuming at studio of size 25 sqm.

    Common fees - Bt875/mth x 12 - Bt10,500

    Agent's fees 1.5 mths for a 2 year rental - Bt6,000

    Gross rent received for 2 years - Bt96,000

    Less: Agent's fee - Bt6,000 and common fees Bt21,000

    Net rent received in 2 years - Bt69,000

    Net rental yield per year - 3.92%

    This calculation does not include loss of rental income between tenants.

    Present fix deposit rates at bank for 2 years > 3% pa.

    Would you invest in this condo unit with such a net rental yield?

    About correct for a condo. Add for a small studio apartment 150000 Bt every 10 years, which makes it 15000 per year for renovation. Add 15000 bt every 10 years for building maintenance reserves. Deduct 20 months in 10 years, of time where the apartment is empty plus add the maintenance fee you have to cover for this time (this is a best case scenario for Bkk - in the resort areas this time frame will be significantly longer.) Now deduct average annual consumer price inflation of 3% (2012). (http://www.factfish.com/statistic-country/thailand/inflation%20rate).

    There goes your 3%. You would have your ROI in approximately 26 years (if they did not tore the building down by then) - meaning, that is when you have your invested money back. Now you may think, that with 3% consumer price inflation, your apartment would increase in value to that percentage. Wrong. Real Estate is not considered a consumer good but is categorized as investment goods. Meaning that in every ordinary case, the older your building, the less your apartment is worth - the actual value of a building in Thailand is the land it is build on not what is on the land. Exceptions are found in high density areas with a high demand on living space, which are usually found in large cities with progressive market outlook, or luxury investment goods (here comes the old location, location, location but there is more to it ...the right location, for the right price at the right time).

    Other than in Bkk, the property markets for low/mid end objects are relatively depressed (not a negative or positive statement, just a benchmark for an an environment where offer exceeds demand beyond 30% but the pricing segment does not adjust the same way).

    Bottom line. Go for it if you want to owe and live in your own place. Otherwise invest in stocks or some bonds where you still may be able to get a yield of 5 - 8% annually on conservative models.

  6. I have lived and worked in this confusing place for 30 months, and are coming here for years and will come for years to come, however, it is pretty obvious, if the authorities do not wake up and accept the fact that the numbers of visitors going down not only because of a mixture of political turbulence, global recession and the outbreak of global epidemics (even though these may be the most vital facts at the moment) but also out of the fact that they simply ignore the fact, that other countries , like the Phils, Vietnam and Indonesia also do have good service and most likely better cared of hotels, they will undoubtedly fall into an even bigger hole. I have taken part in one similar crisis in South America years ago and it took years to recover for the industry.

    Little nonsense, like trying to throw a tipsy tourist into one of their hel_l holes for years for allegedly steeling a beer map, petty rip offs all over the place, specially in tourist areas, total lack of language capacities at even the largest hotels, lack of adequate transport facilities (still no decent taxis available in Pattaya or Phuket), overpricing tourists at street bars in Bangkok, 150THB charges on credit card withdrawals from public ATM's, complicated and expensive visa procedures for long term residents, etc. etc, etc. ....does the rest.

    Not even talking about the fact that Thailand is far away from being a cheap tourist destination anymore. The price increases during the last recent years were obvious even for anyone only coming once per year. No country has to be cheap, in order to attract tourists, but if you charge, you have to deliver.

    All these facts are supported by a far better information structure like internet, email, online newspapers, forums, bloggs etc. so that it takes physically only minutes to roll another screw up around the world.

    The authorities have to wake up. We live in a globalized environment and also Thailand cannot exclude itself from it. (look at Iran!!!)You can not hide no more. Not only technology plays against you but also your own acts (or non acting or reacting).

    Please....this is only facts, so I don't want to hear any bs like: Stay away if you don't like it. I have dealt with it in the past and are able deal with it in the future, but I am financially and otherwise prepared for impacts like this.

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