Chang2

The left is being made to pick so many stupid fights that at this point it's reasonable to wonder if it isn't by design.

Just because somebody calls themselves a Democrat, doesn't mean they have the interests of the constituency at heart.  People will fake their allegiance in order to do damage from within.

It's a well-known, long-standing tactic and the fact that so many continue to fall for it suggests it won't be going away anytime soon.

5 minutes ago, RichardColeman said:

banned from all international travel

Hadn't thought of that.  You're right, it's moot what Thailand does or doesn't do if the airlines go all in on this policy.  Ouch.

I'm saying this from the point-of-view of somebody who doesn't want the vaccine, but still wants to go to Thailand.

Will we be able to choose ASQ in that event?  Or will the country be closed thereafter to the un-vaccinated?

On 2/9/2021 at 6:12 PM, ubonjoe said:

A visa or permit to stay stamp cannot be transferred from a passport from one country to another one.

The visa and/or permit to stamp is lost when a passport from a different country is used to enter the country.

It just occurred to me that were a person to go with the 20-year elite they only get 5-year stamps at a time, right?

So just to be perfectly clear, if I apply under passport A for the 20-year elite, they put a 5-year stamp in that passport.  When the five years is up, do I get to use a different country's passport to receive the next 5-year stamp?

Any bias against an individual who applies for a visa subsequent to entering the country on a different passport?

So, for instance, I go for the five-year elite, fly out of country on passport A, fly back into country on passport B, apply for the twenty-year... this is feasible?

Why not go with the STV?  90 + 90 + 90 it's like suddenly immigration forgot how to do math.

1 hour ago, ukrules said:

Can't you continue to use your original passport?

I had the same question.  Can I use my original passport?  Well, depending on what country you're from, there may be an open question as to whether the country that issued it is still in business when the time comes to renew.

And if you're going for the 20-year visa, then after the initial stamp you're looking at two renewals.

It's peer to the question, what happens to me if I'm in LOS on a 20-year and my country goes tits up and now I can't renew my passport but I've still got X years on my visa?

How much do we like Thailand?

2 minutes ago, ubonjoe said:

Do you have any proof of that?

The problem with Bitcoin is that, while perhaps the bank can see that the money came from a Bitcoin exchange, they would have no way of knowing where the Bitcoin itself came from; conceivably it could have been the user sending it to himself while never leaving Thailand.

You're right, that document I referenced is dated from 2013 and I'm doing searches here and on Google and though there is nothing that contradicts the decree it is very difficult to believe that I will be the first person cashing in Bitcoin for THB that didn't originate from an earlier BTC purchase using Thai baht.

A little easier to believe is that I'd be the first person to be busted for it though.  I might just swallow hard and take the exchange rate hit.

1 minute ago, scubascuba3 said:

This is old news but if you use Transferwise to send to Bangkok Bank and select the last description drop down option it will settle as International and be accepted at Immigration 

UncleMhee had posted to this effect but when he went to look it seems to no longer be the case?

19 minutes ago, ubonjoe said:

If the transfer came from abroad there should be no problem to get the credit advice. It would still be coming from a bank or financial institution of some kind.

The issue though is that, at least once upon a time, it was technically illegal to sell BTC obtained overseas for THB in Thailand.  My understanding is that the Bank of Thailand wanted to control inflows and outflows and so forth.

From the coins.co.th user agreement:

Quote

8.1 The customer must agree to never exchange digital currency purchased from Coins.co.th for any currency other than Thai Baht. The customer must also guarantee that any digital currency the customer sells to Coins.co.th have never been involved in exchange with any currency other than Thai Baht. In such case, no matter what type of foreign currency was involved, your action may be considered as dealing with foreign currency payment, and fall under the scope of jurisdiction of Ministerial Regulations No.1:3 (1954), as specified by the Exchange Control Act (1942).

So what is this called?  They're not exactly calling it illegal, but still, getting a credit advice seems a little like a bank robber asking for a receipt; I'm asking for proof of something I don't necessarily want to admit I'm doing?  

13 minutes ago, ubonjoe said:

A credit advice should be enough for immigration. It be obtained for any transfer. 

But in some cases if the transfer went to another bank here you may have to go to that bank to get the credit advise.

I just found out I can't send money out using TransferWise, so that leaves me with Bitcoin.  My concern with a credit advice is that this is asking the bank to certify something which technically isn't allowed, which is converting Bitcoin from an overseas source.

This part of the conversation possibly belongs in another forum.

Thanks so much.

1 minute ago, UncleMhee said:

@Chang2 Please note:- I've deleted my post because of misquoted info. I checked my bank book and recent transfers haven't shown as International.  Time to contact TransferWise again regarding this anomaly.

I have you beat.  I just found out I can't send out money where I am, I can only receive it.

<deleted>

3 minutes ago, ubonjoe said:

If the transfer is not shown as coming from abroad in your bank book or a statement you can get a credit advice from your Thai bank to prove that it came from abroad.

There is no requirement that funds came from your home country.

I assume you are applying for a 90 day non-o visa based upon qualifying for a extension of stay for retirement. I also assume your are using the 800k baht in the bank option.

Yes, to both questions.

So a credit advice, ok.  And the bank is prepared to issue these for any remittance or only specific sources, like TransferWise?

Say that you are here on a tourist visa/visa exempt entry and you want to convert to a Non-Immigrant visa.  In order to convert, you have to show that the money came from abroad.

This is easy if you wire the money over using SWIFT.  A little code shows up in your bankbook that says FCT.

I was hoping that maybe using a Bitcoin exchange like Bitkub or coins.co.th would show up as an overseas transfer.  Alas it does not.  I'm guessing using something like TransferWise is the same thing; the money does come from overseas but it shows up as a domestic transfer because it's routed through their own network of banks.

Does anyone have experience using some kind of supplemental evidence that the money did indeed come from overseas when using a method other than SWIFT?  Say a screenshot of a Bitkub transfer?  Or a confirmation email from TransferWise?

My situation is that I am a U.S. citizen but living in another country and want to send the money from the bank here and doing it via my U.S. bank is really expensive given the double-exchange rate conversation as well as the fees.

11 hours ago, JBChiangRai said:

When you sign up to Bitkub, you have to tick a box saying you won’t transfer any crypto from overseas, otherwise you would be breaking foreign exchange controls.

 

To be clear, you can only sell crypto in Thailand that you bought in Thailand.

I sort of knew about this but then too I think we can all read between the lines here.  Thailand is concerned about our buying Bitcoin using baht and then selling it overseas, right?  They want demand for baht.  Most of us are happy to oblige.

On 1/15/2021 at 12:17 AM, brewsterbudgen said:

A far more serious health risk than Covid!

Especially for the kids.  Disproportionate harm, endured then over a disproportionate interval.

45 minutes ago, Caldera said:

 

No, their transfers are domestic and instant. They don't show up as international.

I do see coins.th has a number of overseas banks like UOB (based in Singapore) and JPMorgan/Chase (based in U.S.), but sure, why would they want to pay wire fees and the like when they could do it locally and save $$$.  Sad!

9 hours ago, TigerandDog said:

Don't be so sure. Some of the banks here will not open a bank account for those on a US passport because of the mandatory reporting they have to do back to the US Internal Revenue Service.  At least if you try to open a bank account with an Irish passport you're less likely to have a bank say cannot do. Just something to think about.

Does the bank check to see if the passport has a valid visa?

IOW, if you enter on a U.S. passport, do you get to open the bank account using the Irish passport?

But perfectly at home in Event Horizon?

If you get an 20-year Elite visa, then one advantage might be getting to pick between which passport you're most likely going to be able to renew in 10 years time.

This is assuming they won't let you change passports halfway through.

39 minutes ago, Sophon said:

In order to convert

So then my Thailand retirement fantasy on Bitcoin works.  Let's assume ChaiyaTH is right about Bitkub.  I have a shot with coins.th generating an FCT code.  Failing that, I have to route the money through my bank account back home but then I only need to do that once.  I can live with that; the bank at home should stay afloat for at least another month or two.