Jenkins9039

Ever do OTC here?

It's a shame as lost one good neighbour, one of the other neighbours managed to get a friend to buy two properties (these two neighbours rented), but so far 8 houses have gone up or going up for sale or sold. Price ranges from 6-20m THB with some refurbs of about 2/3mb for the lower priced ones. Russian's snapping them up like chocolate cakes. Two years ago Chinese were buying up, had one Chinese home buyer brokering the sales (overpriced IMO) for one property on the road for 13m THB, one night he entered my back yard (wife was home) and offered to arrange 25mb sale. Gone crazy.

There's many companies outside of Thailand that allow P2P (specifically targeting Russians), Thai's are making a lot of money on the spread... None of this goes through a local exchange, just either payment rails external of Thailand (say a EMI) or via local transactions / collections. Thai exchanges as far as I am aware do not require a long-term visa (I've used both Bitkub, Satang) - had accounts at other exchanges but never used. Bitkub stopped using a long time ago, the continuous KYC was annoying. Satang now becoming a pain in the <deleted> also (i.e deposits not credited, low liquidity) But can say never been asked about visa status in Either (have elite so neither here or there).

Had a tin a decade ago, always give when asked for *usually outside of thailand* <deleted> knows where they send the information lol

If in HKT, i'll give you 5% below spot, depending on weight (i'll just melt it down).

do a OTC Company overseas but can be resolved locally. Max 1-3 DM me

Did he ever find what he was looking for?

As mentioned... should dm me.

Fixed mooring? Likely not (anchor sure if there's no reefs) if moorings, you usually pay someone (local to do it for you).

If you have THB and want Crypto to send out - do OTC.... or do via local conversion. Dependent on amount i may be able to point you.

See this in local news yesterday, appears they've encroached on Crown Property Bureau land. https://fb.watch/juVcY9tloh/?mibextid=l066kq

Doubtful.

Zanzibar is / was full yes. Great place

factually incorrect opening. All assets were divided up across the entire population, they then sold their positions to what would become oligarchs. Hence statement "Provide everyone with a carving and within 18yrs will be back to where we was".

Brits can be described as 1 pound poms (they are all broke), there is still some wealth in Northern Europeans (50+) below that they are <deleted> also. Russian's are ok (middle/upper class) it's the gangs you need to worry about.

Had a Russian work for my family business in the 90's - he bought two properties in red square before he was ejected for working illegally in the UK.

Where does one get one for when they are de-banked for not adhering to western wokeness.

3 properties on my soi have been bought by russian's so far this month, and we are not talking chump change.

Great to see restaurants, bars etc abuzz with life.... Great to see properties being snapped up for rent and sale... But it's all Russian's... Phuket... How are they paying for it all with Swift, Visa, Mastercard etc gone... How are they getting the money into the country to this degree?

Always surprised people don't Work via a local OTC or person who has a Corp company external of Thai, or has personal crypto (p2p). You give them Baht they give you USDC/USDT/etc

CRS is live already...

used to be able to do at krabi lol

Russian's bringing a lot of capital to the country, finally getting some wealth thrown around instead of broke Brits or Europeans.

You trade locally? @fdsa

Have a overseas company (Seychelles) - hire a person overseas (manager). Trade through that company, exit into fiat any dividends/income via that company, hold funds overseas in fiat until the next tax year, bring funds in, in the next tax year by Fiat (OR Stable). No tax. Thailand is a territorial tax nation, although crypto is treated as taxable in thailand even if traded abroad, using a company (with substance) negates that tax. Only crypto you bring to Thai exchanges should be in stables (as treated as currencies) which fall under capital controls (yes) but not as 'trading'. If Thailand changes its current territorial tax, then best to leave for a neighbouring country, they then loose the expenditure in country which goes to another country hence they have the territorial tax system... they like expenditure in Thailand, and collecting tax from businesses operating within Thailand, so much easier than dealing with dirty falang taxes.