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naka

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Posts posted by naka

  1. This really is a no brainer !

    Get 100% of your salary paid into an offshore account in Channel Islands, IOM or Singapore.

    I would go for Singapore, but can not be bothered arguing about it ... but will only say that

    if you have a UK passport and a CI or IOM account then the UK tax man will be poking his

    nose in even if you are a bona-fide non-resident :o

    Do not even think about having most of your funds in Thailand !

    Naka.

  2. You need to be a resident (regardless of citizenship) ... Otherwise open offshore.

    It really does not matter nowadays whether your account is in St. Helier, St. Albans or St. Andrews

    since you can do everthing by phone, fax, letter, or internet.

    Offshore accounts can be opened simply by sending the form/funds by mail/courier, just go to the websites.

    Naka.

  3. There's a shop on 2nd Road (or it may be Soi Thappraya here) very close to the junction with South Pattaya Road, between that junction and Soi 15. It's opposite where the Baht buses queue to take passengers to Jomtien, outside the school. It has lots of model boats in the windows and is quite a big shop, so they may stock what you are looking for.

    It has a strange name like Pattaya Shoes.

    Naka.

  4. Any accountant worth his salt will tell you Never ever speculate on currency, sooner or later it will get you.

    I'm glad I don't take advice from your accountant! Diversifying your cash and stock/bond holdings in currencies such as the Swiss Franc, Euro, British Pound, or the Japanese Yen is NOT speculation. It is the wise thing to do. Any successful investor or accountant that knows what he/she is talking about will tell you that. If you were invested 100% in the U.S. Dollar for the last 3-4 years, you would have potentially lost a considerable amount of money as some of these currencies are up 30 or more percent against the USD.

    Here I am ... wondering why successful accountants are still working as accountants :o

    Naka.

  5. I've two questions:

    1) Are they legal?

    2) If yes, where can they be purchased?

    The wife doesn't seem to know much about them, but insists they're not allowed. Just wondered if anyone could clarify this.

    Are you talking about electric fences for animal control or security?

    Both are perfectly legal in Thailand. Animal control fences are everywhere, even in zoos.

    If you are talking about electric fences for security they are also perfectly legal. However it is ILLEGAL to electrify barbed wire or to connect a fence of any description to the household supply I.e 220v AC.

    Electric security fences manufactured and installed worldwide are "regulated" by IEC 60335-2-76. Thailand is a signatory of IEC. These fences are considered non-lethal and are just very unpleasant as is a properly installed animal fence.

    You can get electric security fences from Wasp Perimeter Security Systems in BKK. Wasp Security

    But try telling them that :o

    Naka.

  6. O.P. I've noticed that some people use the term "hard drive" when they

    are actually talkng about the systems box (computer case) ... are you ?

    Tip, you can normally put a hard drive in your pocket/handbag.

    Naka.

  7. This has all happened within a couple of weeks. NK immigration told him they will grant him an extension, on his current saving / pension, but it needs to be formated in the way they have explained to him. He is still saving money but he has told me that it is a formating issue that immigration have not a financial one, with his application. (I think in my original post I did not explain this correctly).

    A formating issue ... what does that mean ?

    Naka.

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