
LivinLOS
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Everything posted by LivinLOS
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Central bank claims phone charging cables cannot be used to steal data
LivinLOS replied to snoop1130's topic in Thailand News
https://twitter.com/TheOfficialSBI/status/1203277437079040001? -
Central bank claims phone charging cables cannot be used to steal data
LivinLOS replied to snoop1130's topic in Thailand News
The central bank clearly doesnt stay current.. Google 'juice jacking' in general and badusb or rubber ducky exploits.. Theres plenty !! The primary thing is the other way round, plugging in a phone to charge from a laptop.. -
Paying Tax on Overseas Investments
LivinLOS replied to 2009's topic in Jobs, Economy, Banking, Business, Investments
Realized gains are (by law) taxed as income, if remitted to the kingdom in the year received and if you are here over 180 days per year. As the revenue dept has a near impossible task proving year received this is not chased. -
Investment Law
LivinLOS replied to killblues's topic in Jobs, Economy, Banking, Business, Investments
What you describe is not work and would not require a work permit to do so (why you would need a company etc). If you are comfortable with the risk profile etc you should be fine. Thats said if someone powerful wants to make something a problem, they usually can, but general legally speaking this is simple investment and investment returns. You may wish to consider if these domestic investment returns are being declared as taxable income (they are). -
the ones I have talked to and debated with online.. Still waiting for a fully legal thing that cannot be easily replicated by other services.. You have any ?? No one else seems to have come up with one. The primary thing that paypal offered exclusively was eCommerce services for small time operators.. Which are rarely legal (and if they were could obtain a business paypal).
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Working outside of Thailand
LivinLOS replied to Alphim's topic in Thai Visas, Residency, and Work Permits
That wasnt my point.. -
Working outside of Thailand
LivinLOS replied to Alphim's topic in Thai Visas, Residency, and Work Permits
Lese Majeste.. Try it and report back.. -
Why many bikes have no Green Book?
LivinLOS replied to canerandagio's topic in Motorcycles in Thailand
Stolen, still outstanding fianance, book given to loan sharks, etc On big bikes it was also a hallmark of the grey import era and not having paid all the import and registration taxes.. A huge topic with many grades and standard of legality.. -
Working outside of Thailand
LivinLOS replied to Alphim's topic in Thai Visas, Residency, and Work Permits
Not strictly legally true but close.. -
I am still waiting for the non illegal use case of paypal that cannot be easily replaced. 99% of the paypal complainers are really just illegal eCommerce workers avoiding taxes and registration. Is it surprising the Thai government want to stop that ?
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Try your western cards.. I must have 20 cards in it credit, debit, corp expense cards, etc etc.. All have different purposes and uses. Its a godsend replaces a card wallet thats over an inch thick.
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Just tested Kasikorn debit.. Wont take it.. Thats only the second card out of maybe 20 I have tried its not accepted. Will be a bank issue.. My citi offshore wont link also.
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Any company that pays by bank.. Can pay wise.. Any company that takes visa / mastercard.. Or any company that accepts bank transfers... Can be paid by wise.. Wise debit also can be added to google Pay so any company that takes GPay phone payments also.. So bank transfers and debit cards and cashless/Phone.. you dont know any companies that accept those ??
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this is the whole point.. A non Thai operating eCommerce within Thailand is breaking labour law unless they have incorporated and have a work permit for that work, where the company then charges sales tax and pays corporate taxation.. In which case the incorporated entity can obtain a paypal account. You just made my exact point for me. The only thing that Paypal actually does better, ecommerce integrations, are not legal for a non Thai to be doing here.
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er yes.. You can pay for anything that takes a debit card or bank transfer.. You can set up subscriptions to pay automatically.. It also gives you virtual bank account numbers in many currencies to be paid by others etc etc Theres statements in each currency or grouped together.. Really.. Perhaps try these services before saying they dont do what they clearly do, to prevent appearing foolish..
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Many thais are perfectly legal as freelancers and solopreneurs.. Non Thais are not (they need company and work permit). Cant you see the difference ?? So far no one has named any non illegal reason for paypal not better done and or easily replaced by wise or other transfer services. Can you ??
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GPay doesnt work this way.. Its a simple touch and go, no interface at all.. Which you would know if you had used it.. Complaining about someone struggling with Thai QR Codes and promptpay is showing GPays superiority not inferiority..
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Google pay is a totally different problem.. Google is just spending.. Paypal is caught up in the tax collection and unregistered illegal businesses problem.. The farangs complaining about the loss of paypal are (almost all) really complaining thier unregistered business cannot keep operating illegally and avoiding Thai taxes and laws. Theres nothing that paypal does for consumer transactions that isnt dont better by wise, only the cart, subscription, web shop integrations (which are all available to an incorporated Thai entity) that Paypal is is what they miss.
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Have you actually used it ?? Its a breeze and offers so many advantages. For a start you simply hold phone, be sure its unlocked (finger touch) hold near device.. Done.. Its a split second process.. You get the audio 'ching' so you know its gone and you barely need to break stride. Compare that to thewastage of cash, or god forbid granny and her QR code vaguely stabbing around the banking app trying to remember what o key in !! No pocket of change and wasted money in coins thrown in a jar.. You can put in all your cards to the wallet of course.. Credit debit multi currency revolut etc.. You can store 'reward' cards etc as well as driving licenses, IDs and other important personal cards.. All security protected. In the west you can use curve to backtrack your spending up to 3 days to change cards used for better insurance protection (credit cards) or airmiles or other loyalty points per retailer.. You can integrate personal spending trackers, accounting, expense tracking etc.. Perform 'round up' pots and saving.. Have high interest depositary pots. You can link it to multi currency (I use revolut primarily) to maintain multiple FX balances based on your likely spending patterns.. So in my case I am in EU UK for in person card spends and online shopping USD.. All automatically debited.. You can link it to crypto holdings, you can link it to precious metals holdings.. The usual moaners are out in force over this news all over FB, clearly none of which have ever used it, and its like those dinosaurs 10 years ago boasting how thier brick nokia 3310 'does everything I need.. Calls AND sms... Why would I want a smartphone'.. OK gramps never mind.. Fintec is advancing rapidly, GPay is simply one retail interface of it, its fast and beats cash..
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Tourist visa extension.. How early
LivinLOS replied to LivinLOS's topic in Thai Visas, Residency, and Work Permits
Thanks Joe.. -
Tourist visa extension.. How early
LivinLOS replied to LivinLOS's topic in Thai Visas, Residency, and Work Permits
Because going there, dealing with the crowds and the queues... Is a major ball ache.. I stress at doing a one time per year extension.. I am hoping to do the OX (once I hit 50) so I can reduce that to twice per decade. I am not going there to waste my day by choice.