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paddypower

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Everything posted by paddypower

  1. with respect, I believe that your interpretation, similar to that of the IO, is incorrect. see the regs - at 2.22.(5) or my detailed post below.
  2. I met a brick wall yesterday - aka dope on a rope, at IO. he knew only one mantra ''65k every month or 800k, the latter under the restrictive rules for withdrawal in part. the 65k mantra conversation went like this: me: ''please refer to my hard copy of 2.22.5 where it states that a combination of income (says nothing about monthly income amounts) AND a savings deposit totals at least 800k. the IO: ''i don't know what that is. but you must transfer 65k every month. if you miss a month, you don't qualify for the extension. example if you deposit 65k in one month, nothing in the next month and 1 million in the 3rd month - you don't qualify''. my conclusion: they could consider sending these guys on annual training courses, or have a users manual. :)
  3. used to be the Fiat joke. My investment guru has come up with this: Buy your own disaster
  4. looking forward to more info on your experiences. my Thai friend (also a friend of the IO) says, ''just leave 100k on deposit to keep them happy'' . I would - but my wife gets ''carried'' (aka piggy-back'd) on my visa extension, so I don't want to frack up.
  5. I am curious as to this interpretation of the financial requirements. several posters have referred to the need to have 65k x 12 month's income. I wish to switch fully to the income method from the 800k deposit, (the latter method which i have used for the past 25 years). I think I am getting a misinterpretation of the 2.22 regs. For background - sometimes I don't need the pension monies, so I leave them accumulate and then transfer 2 months worth. This has freaked out the IO. she received the copy of my Canadian bank account, saw this and, to quote her : ''why did you not have any pension income coming into Thailand in that month?''. I had a Thai friend (who takes care of a number of expats visa requirements) meet with the IO. But she was unable to explain to the IO that you do not need to have 12 months transfers @ 65k to meet the regs., when you have a total of 800,000 baht transferred in the 12 months. I'm not sure if this complicates matters (always a danger!) - but having emigrated twice, I have pensions coming in from each of 2 countries. This does not seem to have bothered the IO, she just asked for copies of both sets of bank statements, this has been bounced back and forwards for a month now. I've lost patience as I need to free up some funds. I plan to go to IO tomorrow. Any advice on how to present my position successfully? tia.
  6. taking to myself - I'm worried that showing IO any foreign paperwork will put the kibosh on my application, b/c each money transfer that comes in to my Thai bank account (it's in my name only) is made up of 2 sets of pensions, my wife and I. tks
  7. thanks for that link, Jerry. what exactly do you mean by a ''source of funds letter'', please? Thanks. Hopefully, there a a few more posters following this single issue of what constitutes acceptable documentary proof of income. Judging by the topics discussed, on this thread, all 176 pages - there must be a fair % of posters who have been reporting for a visa extension, on the pension income basis. Surely a few of you can make the time to kindly describe what proof of income you have been asked for in the past? To be brutally honest, it appears to me that there is so much space devoted to the proposed tax. Yet, I bet anyone that it will get dropped (either by way of a public back-tracking, or by the usual Thai way - inertia).
  8. isn't there an old song with lyrics some-wheres along those lines.?
  9. 2 sources: one is <https://www.tratimmigration.com/retirement-visa-requirements/> which is not a national website. the other is: https://www.immigration.go.th/en/?p=14714. workig on the basis that the requirement is for foreign pension income, is there anything which specifically describes which documentary evidence I am supposed to present to IO. what I plan to do it is: get copies of 12 months of my 2 foreign bank accounts, ditto for 12 months of Remittance Advice Receipts and ditto for 12 months of my Thai bank statements. In other words - be prepared. there is one unknown - my wife piggybacks on my visa extension, based on our marriage cert (notarized by the Embassy and the Thai Dept Foreign Affairs (our Thia visa advisor calls it ''bridging'' ). Under those circumstances, can I include her pension with mine?
  10. actually, I was referring to personal tax on the self employed, e.g. professionals, etc.
  11. agreed. the tax collection system is antiquated, riddled with loopholes, as simple as just not keeping records, not issuing receipts (try going to a private medical clinic! )
  12. this may have been covered already - but I cannot find a reference to it. I am switching from the 800k TD to the income method for my OA retirement visa extension, early next year. An IO officer quotes one set of requirements and the official IO website quotes another set of rules: IO: (i) to prove your pension income, you must present copies of the foreign bank account into which the pension payments are received. (ii) not interested in copies of Thai bank account, showing incoming funds for the 12 months (iii) not interested in Inward Remittance Notices for the year (iv) your Thai dividend income does not count in the earnings calculation. (v) from another source (my Thai tax accountant) rental income from a Thai property does qualify, if it is a professionally managed property, if not you are classified as working and risk losing your retirement visa status Note: this is irrelevant to me - I have rental income but I do not need to include it in my income calculation. I just mention it, because it was surprising to learn this. IO publised regulations: documents required, as proof - proof of 800TD, or a combination of TD and income equalling at least 800k in the previous year. ''income'' is defined as - ''pension, interest & dividend income'' . any feed-back would be appreciated.
  13. I think that an alternative (for one year only) is to bring in as much money as you can, before Dec 31, 2023. It is tax free. Then again, may are forecasting that this idiotic new tax will never get legislated.
  14. the latest scuttlebug from the IO in my province (NST) is: that you have to leave the 400k in the bank for the entire previous 12 months, if that is the basis for you extension application. The regulation #4 under the heading ''criteria'' at https://www.immigration.go.th/en/?p=14714 has not been changed. so i have no idea why. Once you are on the income basis for subsequent extensions, the combination of income plus term deposit for 12 months = 400,000 baht. another 'shocker' from my IO yesterday, when i was proposing to apply for an extension on the 800,000/year income basis, is that IO will NOT accept a combination of (i) pension income (from abroad) combined with (ii) dividend income received from Thai equities/Income Funds. At the same website, again, under the retirement rules, under the heading ''List of Documents'' it states that you must show evidence of income, such as retirement pension, dividends/interest. It does not make a distinction between dividends received in your foreign bank account and dividends received in your Thai bank account. Go figure. I am trying to cash in my 800k as I need it for repairs to the property. I do not have anywhere close to 800k pension, but I shifted my funds here and I have in excess of 800k in thai dividends. Any advice? I do not want to use a Visa agent, as I believe that one you use them for an extension, you are, sort of, hooked into using them every year.
  15. ignorance of all owners manuals and fast on the draw are 2 of my favourite pastimes. all done and replacement machine is on its way . thanks for holding my hand. :)
  16. memorable impressions: at 17.25 the start of ''Michael Caine she was only 15 years old''. terrific film
  17. one more step Format drive C. and I'm puzzled by the message: cannot format drive as it includes W11. FAQ provides guidance on formatting a HD partition. but thats not the answer, is it? hoping I can get this out of the way, as the pick up of the tablet is scheduled for today.
  18. Thanks for that advice, really appreciate it!! yeah, ive done a back up. actually Ill do a another on a 2nd external hard drive, (b/c I'm Irish: ''just to be sure to be sure'' ) 555
  19. excuse if this is a duplicate question. My warrant is one week out from expiring. for several months my battery has been losing charge, more and more quickly. I done all the self servicing, (closing power-sucking apps and all the other recommendations from MS). the max I get from a full charge is 3 hours. other tests include one showing 50% loss in 1 hour. I wrote MS support, as I cannot contact the support line atm. the only choice seems to be to place a repair/service order, which they are quoting 10500. My question: does the standard 12 month warrant cover the battery performance degrading as much as I described. ? thanks for any advice.
  20. if you're revisiting the past, remember using a Coke can as a bong?
  21. Thanks, but no I didnt. and sorry I didnt mention that my os is android. My broker (the one looking for confirmation of the transfer) just wrote me a note with the same instructions as you have given me. Settings/Auto slip enabled. Much appreciate your and all other replies.
  22. title says it all. i need to locate a copy of a payment today urgently. when i open gallery - ther'es nothing there dated today. Huawei pro3 mobile.
  23. clever boy: when you reach my age late 70s you will find that you're lucky to have just a handful of REAL friends. Interestingly enough none of them are on Aseannow or facebook. mine include an atheistic, a Jew a Catholic, a gay couple and the american fellow who saved us in the tsunami (which would make him a Christian) . . so buzz off smarty pants.
  24. Touche
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