CartagenaWarlock

18 hours ago, BE88 said:

But he also said that the application for extension must be complete with the tax declaration.

It'll be interesting to see how the agents do it. When they implemented the minimum holding period of 800K and 400K for the entire year, all the experts predicted the agent fee would explode, and the same was true when there was health insurance for an OA visa. So, please don't post your proven wrong expert predictions of how the agent fees will explode. 

On 2/25/2024 at 7:22 PM, sammieuk1 said:

Wonder if it was a Chinese power bank by any chance

All power banks are made in China, including famous American brands like Belkin. 

Unless one gets an LTR visa, all these other types of visas are second to agent assisted extensions. Keep your money where it earns at least 15% and give a small portion to the unfortunate people who can't earn in foreign currencies. My friend earned 160K last year by investing his money in VOO and gave only 12.5K to agents for one year extensions. 

I never bothered to register TM30 except for the one I got when I signed a 10-year lease. I left Thailand multiple times and came back, but I don't visit immigration offices. I wanted to get a residence certificate and was told that my TM30 is not up-to-date. I gave 500 baht, got a new TM30 registered in my passport, and also got the residence certificate. Life is much better when you are not panicking and posting in this forum, instead of spending money and using your brain cells to resolve your issues. 

Similar to Quiet Quitting in the USA:

Quiet quitting is when employees continue to put in the minimum amount of effort to keep their jobs, but don't go the extra mile for their employer. This might mean not speaking up in meetings, not volunteering for tasks, and refusing to work overtime. It might also result in greater absenteeism.

20 hours ago, 2long said:

Yes, it's the obligation of the landlord...

But the landlord does not need anything done at immigration. It is your headache to realize that you have travelled 10,000 miles to live in a foreign land because you cannot live a decent life in your home country. 

7 hours ago, PingRoundTheWorld said:

It's really quite sad how social media has devolved into voyeurs paying to watch how others live. And TikTok. And OF. An entire generation who's aspirations are to be internet-famous doing nothing special. Sure- there's money in that if you actually produce quality content and get millions of followers, but probably 99% don't make it and don't make much.

Better than vlogging about 5000 baht for a room and 50 baht for a meal that most people do on Youtube as if they have discovered the greatest thing since sliced bread.  

18 hours ago, billd766 said:

How did she even get into Thailand without a minimum of 20,000 baht, no return air ticket or any sort of visa?

Every day, hundreds of people come without 20K cash, or any visa. No wonder some people in this forum have to flee their homeland because they could not live a decent life there and then sought to live like refugees, possibly using a 'wify' visa. 

On 2/14/2024 at 9:10 PM, BangkokHank said:

I recently returned to Bangkok from Vietnam. While I was in Vietnam, I exchanged a little more than a thousand US dollars into Vietnamese dong (VND) for everyday expenditures. And because Vietnam is a rather low cost country, I went to the bank and changed my bigger VND banknotes into smaller ones. The result is that I had about five hundred relatively small denomination banknotes with me when I left Vietnam. (I kept them because I plan to go back to Vietnam again next month.)

 

When I was going through security at the airport in Ho Chi Minh City, I had put all of my VND banknotes into my carry-on backpack. After passing through security, I was stopped by a security officer who said to me, "Show me the cash in your bag." I thought to myself, "Whoa, their x-ray machines can detect cash!" Presumably he thought I was moving large sums of USD cash, which would have been illegal had I not declared it. I showed him my money, and since the total value was not very high, he let me through without any problem.

 

The point of this post is to make people aware that the x-ray machines at airports are definitely capable of detecting cash. In all of my years of traveling, I had no idea about this, as this is the first time that I've traveled with so many banknotes. So if you were thinking about trying to move large stacks of banknotes without declaring them, say to avoid taxes, then you should assume that your cash will be detected by the airport x-ray machines. Just a warning.

There is no declaration for credit cards. I was travelling with 100+ credit cards with a credit limit exceeding one million USD in my carry-on. I was stopped at US security. They checked all the credit cards to verify they belonged to me. Questioned me why I have so many credit cards. I replied that it is not illegal, and there is no declaration for credit cards. They agreed. I said it was my hobby to collect credit cards. Eventually, they let me go. 

I like the rate where it is now. My coming two year's expenses are in cash invested in a one- to three-month US Treasury bond to avoid state sales taxes. The rest of the money in my Roth IRA and IRA is in VOO and other ETFs, which is giving me plenty of returns. The market wants cheap money for gains instead of the companies' profits and management.

3 hours ago, G_Money said:

I’m curious if others that make WISE transfers from their USA Bank or Credit Unions to their Thai banks are having the same issues.  Kasikorn is my Thai bank, however I don’t think that is the issue.

 

In the past my monthly transfer as always arrived in seconds.  Now it can take almost a week with the weekend included depending on the day I initially started the transfer.

 

Always had the proper amount in my USA credit union.  Never “bounced “ a check.

 

This has been happening for several months now.

For small amounts, if you use "sending money home to family," it arrives in seconds. I have been using my US credit cards and sending small amounts (10,000 baht at a time) using "sending money home to family," and it comes in seconds. 

So, digital nomads are now relying 100% on bitcoin? I wonder why. Why not bank in euros or USD? Bitcoin is the relic of the past. Come back to the mainstream. 

I never understood the obsession with owning a bar. You can get 10%+ in the S&P 500. Of course, running a brothel fronting as a bar where sex workers parade before prospective grooms may be more fun. 

7 hours ago, zhounan said:

did he at least bang the lady or did he just drink beer till fall asleep?

I don't know what a person can talk with a lady picked up from bar for hours

5 hours ago, Serenity_Now said:

So no health Insurance needed BUT Thai BANK ACCOUNT IS A MUST ?
I thought they accepted USA bank accounts but not from other nationalities?

Any extension you want to do inside Thailand with immigration, they will accept only money in a Thai bank.
Anything you do outside Thailand in an embassy, they will accept US bank or home country bank accounts.

1 hour ago, lopburi3 said:

Likely because he likely has an O-A visa which is what he would get for long stay via evisa.

He said it's a Non-O with 90-day permission to stay. O-As are one year for each entry. 

23 hours ago, 1happykamper said:

. and if I do pay taxes in Thailand.. what will I get in return ? 555

A decent life that you could not get at home. If you could, you could return to your native land.

The OP is saying he has an O visa (not an O-A visa). Please post your comments, keeping in mind that the original visa is a non-O. Now I don't understand why they will ask for health insurance to extend it. Non-O extension should not ask for health insurance. 

3 hours ago, Mike Lister said:

If you are remitting savings that were earned prior to 1 January 2024, those savings are not taxable in Thailand. If you are remitting savings that were earned in part after that date but were taxed in the UK, they are still not Thai taxable.

How to prove it? Everybody will say I am bringing the prior year's savings. 

1 hour ago, Andrew65 said:

A possible solution: Use the debit/credit cards from your overseas accounts to pay living expenses? Don't transfer funds into a Thai account from overseas?

I try not to stay more than 6 months in Thailand, but now I have to count days. I've completely stopped sending money to my Thai account, instead using my credit cards for most purchases wherever possible and using my US debit cards to withdraw cash from ATMs.

2 hours ago, John Drake said:

And yet in another Wikipedia entry it shows that only 8600 Thais have gone to China to live with their "brothers," while 320,000 have gone to the USA alone.

 https://en.wikipedia.org/wiki/Thai_people

comparing apples to oranges—the Thai diaspora to the partial Chinese ethnicity of Thai people. No wonder most people can't live a decent life in their home land and have to travel 10,000 miles to live in a foreign land like refugees (year-to-year permission to stay), possibly using a "wify" visa. 

On 2/5/2024 at 10:47 PM, petermik said:

If you use an agent and pay through the nose for your extension then you get the 90 day reporting for 100 baht.....otherwise no.

I applaud people who share a meagre amount of their profits with agents and earn 15%+ in the S&P 500. I give no credit to anyone (or sheeples) who does it DIY as if it is their only achievement in life.