CartagenaWarlock

6 hours ago, Everyman said:

Try doing an ACH pull on the Chase side from your Wealthfront account and you’ll see what I mean. 

Done many times. Not more than 24 hours. Moreover, I can see the money is already gone from Wealthfront after 48 hours of Wise pull. 

2 hours ago, Padthaigoong said:

And a KFC

And a Burger King

I am not a big fan of KFC, but I believe they have one in Lotus. I like Texas chicken. 

I never go to Burger King in the US either. So, I don't miss it. My first food chains were McDonald's and Arby's in the US. I believe they don't have Arby in Thailand. I have never seen one. For McDonald's, I either go to Tree Town or Tukum. More often to Tukum than to Tree Town. 

Just now, piston broke said:

Jomtien has no gas stations - Wongamat/Naklua has 2 ....

They have two gas stations on Thepprasit Road. I like Jomtien. Only once did I go to Wongamat/Nakula to look for a condo, but I did not like the area. I can't give you the exact reason. The first impression was not good. The only thing lacking in Jomtien is a McDonald's, and I don't like ordering from McDonald's. I like their hot French fries. 

Just hand over a veet tube. That's what I do when my ladies show signs of laziness. 

I wanted to try out the USA deposit account in Wise (USA). So I added $1,000 USD last Friday. They informed me it will take one week to get my funds from my Wealthfront account  because apparently I linked the bank using two micro deposits. To check if the delay is due to Wealthfront or Wise, I immediately went to the Wealthfront site and initiated $1,000 transfer to Chase Bank, and the money reached my Chase bank in three hours. So it is not that Wealthfront is delaying it (The Wise transfer was a pull and the Chase bank transfer  was a push). This morning I woke up and checked my Wise account; the money is still not there (after more than one week) in my Wise account. I checked my Wealthfront account and the money was withdrawn by Wise two days after I initiated the pull at Wise and that was five days ago. I don't understand why it takes so long for Wise to pull money from my US bank. I can assure you that most American banks will pull the money by the next day (apparently they do it in batches), and it will be in my account within two/three days. I'm not sure why it takes so long for Wise to pull the money. And yes, it's a shame that there is no instant transfer in the USA, like in most countries. 

Just now, oMega69 said:

My country have DTA with Thailand so its should be zero tax then. . .

Just having a DTA does mean anything. If you have to dig into it to find out what is specifically exempt,. US SS, and government pensions are specifically exempt. 

3 hours ago, Liquorice said:

The Non Imm O-A is a multi entry visa, valid for 1 year, each entry grants a stay of 1 year up to the expiry date, but is subject to the expiry date of the compulsory health insurance he must take out. He'll also require a criminal record check. If he enters just before the visa expiry date, he'll be granted a further one year stay and if he obtains a multi re-entry permit, he can come and go as he pleases for a second year. 

I talked to him. Apparently, he had an OA before COVID and abandoned it after they mandated health insurance. He says it is inconvenient for him to align his "permitted to stay" date with his health insurance expiration date. He gets his health insurance from the Federal Health Insurance Marketplace, and within two years he is going to switch to Medicare at 65. He stays for six months  but not continuously. Takes a break and goes back to the USA. I told him the best option for him was to get an agent-assisted extension. After the first year, it is around $30 per month. And yes, he has to pay for the months he is not in Thailand, but still, it is a bargain. Now, let him do whatever he wants to. 

So far, weed works for me the best. There is no need for any other enhancement drugs. I will see how long I can continue with weed and no enhancement drugs.  

On 1/12/2024 at 9:58 PM, Lacessit said:

Most pharmaceuticals here can be obtained by simply showing an empty box of the medication, or a note in writing.

In Thailand one does not need a prescription to buy most medications. That is also the reason my UHC health savings MasterCard is always denied at all pharmacies. They only work in hospital pharmacies. 

6 hours ago, Liquorice said:

So his funds are in invested in an IRA account with a financial institution, not a bank.

I would transfer the required funds for the Non Imm O into a checking or savings account to be on the safe side.

 

Has he considered the Non Imm O-A visa?

401(K) is like an IRA, and he has IRAs as well. So, this is ruled out.He mentioned O-A and is looking into it; otherwise, he will continue to do whatever he is doing with TVs and extensions. He is thinking about taking a risk, sending his IRA statement for a non-O, and seeing what happens. 

6 hours ago, Liquorice said:

As long as the funds are immediately accessible, it should be OK.

Settlement time when you sell a portion of your 401K is a few days. Not immediately available, like in checking or in savings. 

6 hours ago, Liquorice said:

And should he have a medical emergency?

Credit cards. Credit cards are for emergencies. 

17 hours ago, Liquorice said:

Why an agent, he has sufficient funds to deposit 800K in a Thai bank account and do the annual extensions himself. 1,900 BHT + re-entry permit.

He would make more from his investment in the US. Why would he put 800,000 baht in a Thai bank? I don't tell him to do something that will result in financial loss and is not a win-win situation for any party. 

 

17 hours ago, Liquorice said:

US dollars, I assume, not BHT?

 

Obviously, in US dollars. 

 

17 hours ago, Liquorice said:

The US Consulate in Chicago do not list the financial requirement for the Non Imm O, but it will be the same as the Embassy. Recent bank statement showing the applicant's name and ending balance of no less than $30,000 

Does anybody know if the money should be in a savings account or a 401(K) or IRA will be OK?

9 hours ago, Liquorice said:

Then that would depend on the nationality of your friend and where his application would be considered.

Sorry, I should have made it clear. He is in the US (Chicago area) and would apply for a Non-O at the Chicago consulate. He does not draw any Social Security yet and lives off of his 401(k) savings. He has been to Thailand plenty of times and always goes on TV and gets an extension for 30 days. Apparently, he has a condo in the Jomtien area. He was asking if he could get a non-O and didn't have to apply for an extension. If possible, how many times can he get from the same consulate. He would like to stay in Thailand for six months, but not continuously. So, he is not interested in METVs. He was wondering if he could do it with a non-O, each time applying for a non-O, at the Chicago consulate. I told him I didn't know, and he could get an agent-assisted retirement that would allow him to stay as long as he wanted for up to one year.  

On 4/13/2024 at 7:38 PM, scoutman360 said:

From other replies, it sounds like it can be done. But if your eVisa already has an expiration date, much of it will be used up by the time you enter Thailand on it. I guess the advantage to your method is that you would not need to apply for a re-entry permit for your Philipine visit. If you enter on your non-o, you would need a re-entry permit.

Regardless of the expiration date of the visa, when the person enters Thailand, he will be given 90 days to stay. Even if he enters on the expiration day of the visa, he will be given 90 days to stay. 

On 4/14/2024 at 6:51 AM, Liquorice said:

I think your question is regarding applying for the Non Imm O in Thailand from an Immigration office?

No my question is not that. My question is about applying for a visa at a Thai embassy. 

Just now, Danielsiam said:

Yes, I had to show bank statement

Do you mean savings account? And how much do you have to show? 

Just now, Danielsiam said:

already applied for a Non-O visa, using the E-Visa system, & received sucessfully my single Non-O visa by e-mail, but I would like to enter in Thailand soon using the visa-exempt entry for a week (and don't show the Non-O visa at the IO), & going to Philippines for a month & then re-come back to Thailand, and use my Non-O visa at this time, is it technically possible, or the IO may reject my next entry with the visa saying you should use it before, now it's too late to use it... (even if the visa isn't used and not yet expired)

 

I know there is a possibility to use the Re-Entry Permit, but I am gonna lose alot of days.

For non-O, do you have to show SS or savings account? I don't need it, but my friend was asking me. I told him I didn't know. 

On 4/7/2024 at 5:33 PM, traveller101 said:

Why is not everybody doing it? 

When did you last check your credits core? A million+ dollars available credit (unsecured) and counting ......... nothing further

There are not many people, but I know a lot of people. It takes time to accumulate cards. I have been accumulating cards for the last 40-years. People also use Tradeline to make 20–30K a year. My credit score swings widely. The maximum I had was 810, and the minimum was 740 in the last few years. I really don't care about my credit score any more. 

23 hours ago, lordgrinz said:

Can I borrow one of these million dollar credit cards?

Not one car but multiple cards totaling available credit of a million dollars. A dozen of them have more than $50,000 in credit limits. The maximum is 75K. I borrow $100,000 at 3% for one year and then invest in VOO. I have been doing that for almost 10 years. A cool 16–17K in profits before taxes just to keep those cards. I know one person who has 1200 cards and lives off of the income from his cards. I have 107 cards in the last count. 

23 hours ago, JoseThailand said:

Both are savings accounts? You had to do this in different provinces, because they don't open a second account in the same province?

Yes, both savings accounts. I opened the Bangkok account a long time ago on a tourist visa. After I moved to Pattaya, I wanted to get a Visa/MC debit card, and in Pattaya, they told me I had to go to the same branch where I opened my account; however, they could open a new account and give me a Visa/MC debit card for the same. I said OK, open another account. Hence, I have two accounts. 

55 minutes ago, JoseThailand said:

Has anyone managed to open multiple savings accounts with Bangkok Bank?

I have two bangkok bank accounts. One is in Bangkok, and the other is in Pattaya. 

16 hours ago, spidermike007 said:

In my opinion real man always carry cash. I hope that digital currency never takes over. I love having a wad of cash in my pocket. Always have and always will. 

It definitely feels empowered when you carry $1,000 with you. You feel rich, but I feel more secure when I have access to a million dollars through my credit cards. 

People will work hard to find all the loopholes to avoid putting the money in the bank, but there is a better solution and it's called agents. They will do the work for you for a fee. 

3 hours ago, ThunderRd said:

Would this affidavit, along with my bank records showing a monthly deposit into my Thai bank account at SCB, be enough for a 90-day Non-O, or am I wasting my time?

I don't think you need a letter. Just a regular monthly deposit into a Thai account will suffice.