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J Branche

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  1. You mentioned Live, Not Survive. Thailand offers a variety of freedoms and activities people enjoy. The prices are mostly still affordable, the quality good, and experiences fun. If you need a change there are many countries under 4 hour flight away that are affordable. 50 years in America, Not in any hurry to return when my quality of life has improved 30% to 40% by living in Thailand.
  2. The risk you take when the government announces a crackdown but you believe its for everyone else. Thailand will Gladly seize your Illegal gains just like many other countries. Most people can make 3 million baht last 2 or 3 years. If you want to give your money away there are many worthy people and charities you could help.
  3. Yes. You do. Even if you own the bank to do business you have to follow rules, laws, and regulations. If you don't want to change the World will leave you behind as will everyone else.
  4. Bangkok Bank. Looked in APP withdrawal limit 20,000 baht daily Cardless withdrawal limit 50,000 baht daily. I still can transfer large amounts through the app. The debit card limit is still high. I know my Bangkok Bank Card can withdraw from almost Any bank ATM without a Fee. You need to adapt and utilize all your options and the Apps capabilities. Thanks for making us aware now we know there are many options to use Cardless Withdrawal, Debit Card, Maybe multiple different bank ATM withdrawal.
  5. Article mentions Brits could insert Any Nationality should have a Will, proper insurance and avoid doing Illegal activities in a Foreign Country Especially.
  6. I thought Girlfriend said Amarin TV reported that a shopper was going to buy Jeans. They went to first shop and they offered a discount. Whatever reason went to 2nd shop, asked for discount shop said No discount and customer told them the other shop offered discount and shopper left. We know the rest.
  7. The Land Prices in parts of Thailand increased dramatically sometimes in just 5 or 10 years. There doesn't seem to be any fundamental logic in how the Sales Price are reached. A property appraiser uses many factors to determine value. I know this article is about Lease but unless the Owner Lessor has held the land for 40 or more years the LESSEE would rent at an elevated Price. A 30 year lease is fine for most Residential owners with the option to renew. Maybe add the Lessor if declines to renew lessee that has added a home the Lessor must pay X% of the appraised value to the lessee. I see the 99 year benefiting Businesses or Commercial development more as they would have a larger investment and would be much harder to relocate
  8. You mentioned Gift And Transfer Not intended to be Inheritance upon death. Depending on the descendant and the value of the Land there could be a Gift Tax owed of 5%. They property would need to total 10,000,000 or 20,000,000 baht. Others covered the Gift and transfer Will need to be recorded at the Land Office. You Don't want any other Descendants fighting for a piece they are not entitled to later on. Update us on What type and % rate fees were paid for future reference.
  9. Did you leave 20,000 baht on the table to Impress them? Did you leave your wallet on the table by a stranger you've known for only a few hours and go to the toilet? Do you always carry around large to Thailand sums of money? Not hide or secure some in a different location? I understand the withdrawal amount as Foreign to you ATM's charge a Use Fee that is around 220 baht. He did appear young and maybe inexperienced. This may be an expensive lesson that could have been easily avoided. Hopefully he gets the money back and both learn a lesson.
  10. Thailand wants to run their country according to the culture, traditions and beliefs of the Thai people. Thailand sees little benefit from doing business exclusively with ANY country. Thailand wants to find a way to do business with most countries as it is the PEOPLE of a foreign country who benefits first. Our brains are designed to simplify and attempt to comprehend things in a simple view. Makes a decision that is emotional, based on does anothers support (friend) or conflicting actions or views. Thailand probably thinks if the US wants to use Thailands territorial waters or dock a ship then Call or message and ask. Today may be okay. Next month it may cause conflict with the neighbors. You build a base, sign a long term agreement and then that countries leadership changes and Hosting their Military causes harm, conflict, and financial losses to Thailand that's a problem. Look at Covid, Thai people can and will survive with very little for many years. They can suffer and sacrifice a little to be happy, keep their culture and customs unchanged.
  11. Everything turns political with these comments. When was the last time a Politician listened and acted on your request? That wasn't support by thousands of similar requests? When did they return your call to discuss a topic? When did they use your knowledge and phone call, or email to add a change to a new bill or law? Crickets, yeah I thought. Some things you can control, somethings are out of your control. Politics are definitely out of our control.
  12. Wrong, How, provide source of value. Help others learn if you can.
  13. No time to review 5 pages of comments. What I've learned as an investor over past 12 years. STEP into a new investment. X% over X time. ALWAYS due some Due Diligence (Learn and understand basically what the investment is, how it is performing, what your investment performance is advertised as [same or substantially higher rate increases] Ask questions. How long have you been a financial advisor, investor. What investment products have you managed and sold? Where have you worked? Do you have any financial certifications or qualifications? On the spot ask to see the account, spreadsheets, of the investment. (Look for if it's Personal or Business Bank Account) Take some profits if available over the 1st first year. If someone is managing assets properly you can get paid at end of the settlement date (excluding holidays, sometimes weekends) Any Delays, how many communications does it take to get paid? Do your own homework. Crypto, S&P index fund, etc. How has the general market been performing? Up X% Down X% what has your investment performance % percentage? Careful of Behavioral Psychology when investing. FOMO Fear of Missing Out? Investment product is up X% outperforming Most other Investments, if I was ALL in I would've hit the Jackpot. What is fueling the increase, growth, has it peaked, is it going to Slow and Underperform next X months? Recent News or temporary event that causes an unexpected drop in price or spike in price. (Spike maybe take some profits) Be Realistic with your % of Profits. Understand because market has returned X% last couple years it may only return a little or be negative, drop and losses occur. You can't force the direction of the market to what you want but it historically will rise. Sometimes you'll have cash idle or place in 1,3,6, month No penalty CD ( receive interest usually up till withdrawal, Need to Remove total amount deposited sometimes)
  14. I don't have the option to Edit the post above. After researching further If married the surviving spouse would receive 1/2 half the marital property if their are Statutory Heirs. In addition the Spouse would receive an equal share as the child or children of the deceased. So if Married and the had one child Spouse would receive 1/2 marital property, plus equal share as remaining so 1 child and spouse would each receive 1/4 a quarter with Spouse receiving 3/4 three quarters. At least according Section 1471 Thai commercial to Internet Sources online
  15. I must have offended a kidnapper, scammer with a thumbs down response. Figure life out like the rest of us had to do.
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