Jump to content

mike123ca

Advanced Member
  • Posts

    554
  • Joined

  • Last visited

Posts posted by mike123ca

  1. 22 minutes ago, Lite Beer said:

    I would like to think so but not holding my breath.

     

    If a foreign Woman marries a Thai Woman.

    Or a foreign Man marries a Thai Man who has to show the money in the bank when applying for 12 month extensions?

     

     

    If foreign woman marries Thai woman, she would need to put 400,000 baht into the bank to get the extension of stay. If foreign man marries a Thai man, then no money is should be required. 

    • Haha 2
  2. 1 hour ago, Morch said:

     

    In on a marriage-based extension, and my thoughts on this is that if the Mrs. passes on before me, I'd probably want to relocate anyway. House and land too much to handle as a single elderly, and maybe easier to move nearer to facilities (we live in a very accessible village, but still...). Making sure that the assets one assumes 'owned', are actually so and that circumstances allow for them to be liquidated as needed. Guess a proper house/land plot sold would go a ways covering old age expenses.

    I understand what you are saying. My situation is that my home country is Canada. I have no family relatives living there, so going back to the frozen north isn't that appealing. I also have 2 children here and have Thai citizenship. To continue staying in Thailand is possible.

    • Like 1
  3. 2 hours ago, Callmeishmael said:

    5 months after I started the process, I have succeeded in renewing my Thai Teaching License.  I was going to post some helpful hints about how to do the process, but since the entire process seems to be changing, I don't think that will be particularly useful.  I haven't received my card and printed license from the KSP yet, but I have printed out a copy from their website.  It is for the full five years, so I will be able to teach unit 2028.

    I did the same thing 3 months ago, they no longer make the id cards. The paper they give you stating that you are now licensed will have a barcode. When you scan it, the link is shown and when you visit it, a pdf file will open up showing KSP details about you for everyone to see.

     

     

    • Like 2
  4. I submitted my paperwork to my school to renew the 5 year teaching license.  They received copies of my personal development over the past 5 years as well as my degree and teaching diploma and other documents. Today, I was given a receipt to pay 200 baht for a teaching license. Once this is paid at the bank I am wondering what will be the next step involved or will everything be complete and I have to just wait for the arrival of the license?

  5. Thailand is becoming an older society. It is not alone other countries include Japan, China and Germany. As time goes on your going to have an older population and fewer people who are able to have children to maintain the current population. Some countries allow for migration to maintain growth. There are some countries with very strong policies against immigration, but if their population is aging then the countries working class will start to shrink as well as their internal markets. 

    • Like 1
    • Thanks 1
  6. On 10/26/2021 at 6:03 PM, mjnaus said:

    If you have 32 ETH to spare, running your own validator would be the most secure option. Even without the technical know-how, it's still viable path for larger holders as there are many service providers that'll configure and run your validator for you. If going down this path, choosing a trustworthy provider is important though, since if your validator goes offline, doesn't update to the latest version or does something else that hinders properly validating a block, it is your 32 ETH at stake (doing something not-quite-right can result in you loosing some of your staked ETH).

     

    If running your own validator isn't your cup of thee and you're looking to lock up less then the required 32 ETH, joining a pool is the next best thing. When going this route, you've got a number of options, ranging from the large, centralized exchanges to more decentralized pools. Nobody can make this choice for you; and both have trade-offs. Keep in mind that most exchanges provide custodial staking services, meaning THEY control when you get to un-stake your ETH (even though they might claim they do not).

     

    I have personally chosen NOT to let a centralized party stake ETH on my behave and went with a more decentralized pool service named Lido. Lido is a so-called "liquid" staking pool. This means that, in return for locking up your ETH, you get a token in return (sETH) which has a couple of benefits: first off, the sETH token can, at any time, be converted back into regular ETH and thereby bypassing the lock-up period (albeit at a slight loss) and the second being that sETH allows you to play in DeFi (you can LP your sETH on Curve for example, opening the doors to yield farming with an APY of around 15%). Lido is not yet fully decentralized, but they're on the right path. Another popular decentralized pool is RocketPool.

     

    I guess the order of decisions you'll need to make can be summarized as such:

    How much ETH am I willing to lock up?

    If >= 32 ETH, looking into your own validator is good option.

    If < 32 ETH, are you comfortable with a centralized exchange staking for you?

    Yes: Coinbase/eToro/BInance/etc
    No: Lido/Rocketpool

     

    There might be more to unpack when it comes to making your decision, but the above are broad outlines of the current staking landscape. Happy to provide more info if wanted.

    I found your above information very informative.

    My apologies for hijacking the thread.

    I would like to get your opinion on staking stablecoin esp. USD Coin. 

  7. 4 minutes ago, ubonjoe said:

    Proof the 400k baht came from abroad is not required to apply for a extension of stay (it is not a visa) based upon marriage to a Thai. I just has to be in the bank for 2 months.

    You will not be able to change from a non-b visa to a non-o visa while in the country. But you can change the reason for your extension from teaching to one based upon marriage to a Thai.

    Thank you for your help. I see that we both live in Ubon.

  8. It was 12 years ago, I came to Thailand with my wife and kids from Korea.

    I came here on a Non-O based on marriage.  I was teaching in Korea and planned to continue teaching here in Thailand. At that time the school needed to get a teaching waiver to allow me to work here. Krusapha (Teacher's Council of Thailand) would only issue a waiver if I was using a NoN-B visa. So, I changed over to a non-B visa at that time. I'm planning on getting rid of the non-B and go back to the Non-O marriage. During the past 12 years, I've taken money out of the account and now have replaced it, so the sum is back to 400,000baht. My problem is that about 200,000 baht has been earned locally and not come from a foreign source. Will, I have a problem with my application?

  9. 2 hours ago, Neeranam said:

    My point was if you have paid in more than 15 years, you can't get the lump sum any more. 

    With the devaluation if FIAT money, the lump sum is far better. 

    The hard part is finding an investment that would exceed the value of the pension if you decide on the lump sum. The other problem is that we don't know the "end date" of our lifetime.

×
×
  • Create New...