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Toby1947

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Posts posted by Toby1947

  1. 6 hours ago, Pickwick said:

    I appreciate the link but I am not sure I understand the information. The last part specifically - does that mean if I remit money - let's say 5 million baht per year - from my overseas account to my Thai girlfriend's account in Thailand it is not assessable income for me and I do not need to file a tax return, as it is a gift? However, my Thai girlfriend will now need to file a tax return even though no tax is due (as it is under 10 million baht). Or have I completely missed something (I am guessing the latter!). Appreciate your time and efforts with this, many thanks.

    If you are foolish enough to deposit 5 million baht into some Thai bird's account, she'll be long gone with that geezer who hangs around. You know the one she tells you it's her brother. Don't worry there's thousands of you mugs out there. 😂🤣😂

    • Haha 1
    • Agree 1
  2. Think your user name should be mrdumblonde 🤣😂

    10 hours ago, mrblonde said:

    My plan is to move out to Thailand permanently within the next 4 years, I’m currently 46.  I did have a buy to let flat in the U.K. (in South East) for a few years but the combination of increasing interest rates and the government targeting landlords I chose to sell up.
    The way non-paying tenants are so protected in the U.K. was also a genuine concern.


    I’m considering buying a couple of condos in Pattaya (outright) to rent out long term.  ROI am looking at 8% in most cases.  
    When I move out to Thailand, I’ll move into one of them. 
    With the way the West seems to be going, I’d imagine more people wanting to head East as they near retirement, keeping property prices stable (at worst).

     

    I’ve seen other posts on here advising the stock market for an income but I have a SIPP and do not want all my future income (my Thailand retirement fund) tied to a potentially turbulent market.
     

    are there any things to consider?  Anything to avoid?  

     

    Don't do it they're not worth a carrot. Thousand & Thousands up for rental they can't give them away. Old adages never put into Thailand what you can't afford to lose. How to become a millionaire in Thailand start with 5 million 

    • Thumbs Up 1
  3. 10 hours ago, mrblonde said:

    My plan is to move out to Thailand permanently within the next 4 years, I’m currently 46.  I did have a buy to let flat in the U.K. (in South East) for a few years but the combination of increasing interest rates and the government targeting landlords I chose to sell up.
    The way non-paying tenants are so protected in the U.K. was also a genuine concern.


    I’m considering buying a couple of condos in Pattaya (outright) to rent out long term.  ROI am looking at 8% in most cases.  
    When I move out to Thailand, I’ll move into one of them. 
    With the way the West seems to be going, I’d imagine more people wanting to head East as they near retirement, keeping property prices stable (at worst).

     

    I’ve seen other posts on here advising the stock market for an income but I have a SIPP and do not want all my future income (my Thailand retirement fund) tied to a potentially turbulent market.
     

    are there any things to consider?  Anything to avoid?  

     

    Don't do it they're not worth a carrot. Thousand & Thousands up for rental they can't give them away. Old adages never put into Thailand what you can't afford to lose. How to become a millionaire in Thailand start with 5 million 

    • Like 1
    • Confused 1
    • Agree 1
  4. 16 hours ago, Alldar said:

    Is it possible to open fixed term deposit as a foreigner? I was checking Bangkok bank and they said only for Thai nationals I think. Is it different with other banks?

    That's because they are the biggest racists on the planet. Just let them get on with their 6th world way of life. Begging to comunist countries for a few baht 

    • Confused 2
  5. 1 hour ago, Bangkok Barry said:

    1 - Does anyone have any experience of having to show their boarding card to immigration anywhere else in the world?

    2 - Do the airlines when preparing to land instruct their passengers to retain their boarding pass and not leave it on the plane?

    3 - How does showing your boarding pass 'expedite the immigration process'?

    4 - Why do these ''documents' (boarding passes) 'need to be registered by immigration officers'?

    Because the Thais love paperwork, there must be a pile of useless paperwork the size of Mount Everest somewhere. After all they are only children 🤣😂🤣

    • Haha 2
  6. On 12/22/2023 at 7:45 AM, bob smith said:

    im thinking about taking a Thai course in the new year to perfect my speaking and possibly reading.

     

    These days I dont like to show off that I can speak thai,

    especially in tourist ghettos as I have had many thais tell me in the past that foreigners who can speak thai are no good.

     

    Has anyone else ever experienced this sort of negativity?

     

    these days I am very cautious about using thai in front of thais,

    many of them dont like the fact that a foreigner can speak their lingo.

     

    bob.

    My Thai lady friend says no falang should even attempt to speak Thai. "Cannot do" and making an fool of themselves but in your case that's par for the coarse. Don't kid yourself you can't do it your making a dick of yourself again 

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