ukrules

Yeah I guess, but lets not forget about the bank insurance reductions over the last few years in Thailand. Bank insurance levels in Thailand over recent years : 2008 - Whatever you've got = unlimited? 2011 - Reduced to 50 million Baht 2012 Reduced to 25 million Baht 2015 - Reduced to 15 million Baht 2016 Reduced to 5 million Baht 2021 - Reduced to 1 million Baht. They're getting ready for something.....

Indeed, some of them offer far larger payouts - suspiciously high. Look into the rabbit hole that is named 'MSTY' But one of the more normal ones is Kraken where you can bond your currency for 30 days and receive 6.5%, they make the money to pay this by lending it to crypto traders who use leverage - the safety net here is that when they (the traders) lose it all it's just grabbed back - the interest rates they charge these borrowers is far in excess of 6.5%. Now I don't know if this rate varies depending on your balance but this is just plain old USD sitting in a trading account on a crypto exchange that's been going since about 2012 or 2013 - a very long time. The pay out weekly and as such it goes directly into the allocated 'pile' of your USD that's earning 6.5% per year immediately. So you get weekly payments, put a million dollars in there are you can soon find yourself earning a couple of million Baht per year from this alone, compounded weekly. The 30 day notice period when you cancel it does not pay any interest at all though so that needs factoring into the calculation. There's more than one way to make money out of the crypto industry and you don't even need to own any.

These are the same clowns who seize peoples phones and laptops at their leisure after stealing them from people entering the country often for no known reason. They demand passwords to everything including cloud services, you'd better remember them all or you're going to be arrested immediately.

Yeah, I read something along those lines as well Getting phone calls to work in Teams usually requires business licenses for everything meaning Microsoft 365, Phone services and Teams which all come with their own monthly fees - it's a business service - they want to see a website based on what I've read. But the Skype dialpad should appear when the date comes. We shall see.....I'm not relying on it and already swapped over to MicroSIP software with a VOIPStudio monthly account.

How many teeth do you have left?

They should be taken from the court to a place of cremation and burned until dead, dead, dead. Put them in a box, press the button and whatever comes out a few hours later can be crushed and flushed

This guy can't keep out of the news lately, first the Nestle / Nescafe issues and now this. It's never a good idea to annoy powerful enemies, especially if you have some skeletons. Lets see how many days he does inside.

Correct so it doesn't matter if he's tax resident or not. But if some auditor decides he owes tax on it then it's best to keep documents proving the source of funds - accountants get very excited over 'source of funds' these days. It's almost like they get together and make up a load of rules for us to enrich the accountancy profession. Source of funds does matter because if that 100k Euro came from selling some shares you bought 30 years ago in Apple then you're being taxed on it if resident in the year when they were sold. If it's an inheritance then there is no tax, plus it would already have been taxed in the source country. Also small amount so irrelevant

There's always the 'burkini' option :

Well well, corruption.

All that new demand for electricity and no way to produce it. They really dropped the ball by abandoning nuclear energy. Absolute muppets, all of them. They should have been pumping billions (every year) into research and development to make them smaller, more modular and safer by using different fuels.

I think we all know how this is going to turn out - they already stated their position is not to annoy the Chinese government. Those 2 who did the bombing should be executed though so no deportation for them.

Surely they should pay for his treatment unless it was his fault, in which case he should pay for any damage to their vehicle. Someone is liable here, insurance or not. I guess he's lucky it's only £30k if it has been determined that he has to pay for it himself.

So you can spend 9 years building something only to have it closed down forever due to an error. No thanks! Never.

They're starting to show it - nothing changed.

There never was, the smiles are fake.

Really, who is outraged? I'm not - what do I care?

If you stay less then 180 days in the first year then you are correct, you will not be a tax resident and you can submit as much money as you want - millions or tens of millions - doesn't matter although you're going to lose interest on any extra, but that might be worth it. Personally when I become a tax resident again, perhaps in 2030 or some time around there I will have enough cash on hand inside Thailand already to last me the next 5 to 10 years in cash (banks,etc) ...assuming I can bear the thought of remitting that amount from places where it is earning decent returns..... In Thailand I have only come across things like government bonds which have derisory returns The goal for me is to pay zero tax, ever.

I keep my money outside of Thailand, problem solved.

I would hedge that this guy didn't cut the heart and lung out of any of his his first victims. His entire history of movement needs examining. In the Thai language news it is being reported that the lung was not intact, suggestions he may have ate some of it.

So for some reason people who live in Thailand are tarnished by the country. What have Thailand done that has made the place so unimaginably hostile to this bank that the literal very same bank that laundered cartel money for decades will not do small and simple business with those of us who just happen to live in Thailand?

Sometimes I feel hungry and I find that eating something really helps 🙄 Also it can be prevented by eating in advance of feeling hungry, often 2 to 3 times each day.

Well her pimps dead so that's the end of that. Did the money run out or something?

Is this on the list of jobs reserved for Thais?

Well said !