Question about 800,000 Baht For Retirement

[NCC1701A]

I hear you have to keep 800,000 baht in a Thai bank for 5 months now and 400,000 baht year round.

But I hear Thai banks are totally unsafe. Should I give my 400,000 baht in cash to my Thai girlfriend for the other seven months? I tried to use Transferwise but it is too hard to do.

 

I am not sure what else to do with it. I am saving up to buy a house with my girlfriend. She loves me. Her name is Boom. She's great. But I do feel weird about the age difference walking around the mall. So I just walk closer to her grandmother. I am sure the house we are buying will go up in value. I wanted to buy a condo but Boom talked me out of it. She said a house is less paper work. I think she is right.

 

But none of that will matter once I start my 100% organic rice farming business. I always wanted to be a farmer. I hear people in the country love Farangs and are not too judgemental. I am sure I will be loved. I have a lot of knowledge from my superior culture to share with my soon to be new neighbors. But Boom wants me to open a bar. She says she knows that business from watching Youtube. I will not need to work or be there at all. It is all cash so no tax problems.

 

Her brother hangs around the studio apartment we rent. Boom has a two year old boy that looks just like her and her brother. The family resemblance is amazing.  Boom says he can help around the bar. Her uncle is a police Captain so I feel safe. He wears a polo shirt that says Glock on it. He drinks a lot but he is cool.

 

Boom keeps saying scooters are dangerous and she need a car. But I am not sure a 18 year old in Thailand is ready for a car. Its really hard to know what to do. I am still upset about her losing the  two iPhones I gave her. But I can't stay mad at her for long. She is so cute. I remember the first time I saw her standing on Sukhumvit in front of the Sofitel. I think she was waiting for a ride. She walked right up to me and said I was very handsome and wanted to go with me for a longtime. It was love at first sight for both of us.

 

Sorry a lot of this has nothing to do with the bank thing, but I stopped my health insurance payments to start making the car payments. Boom said Farangs can't own cars and her friends said the same thing so I will put it in her name. Sorry this is a really long way to get ideas of what to do with the money.   

 

Edited February 5, 2019 by NCC1701A

[SamuiGeezer]

You've lost it big time! Bye bye .....

[NCC1701A]

7 minutes ago, SamuiGeezer said:

You've lost it big time! Bye bye .....

that is what I am trying to avoid.

Edited February 5, 2019 by NCC1701A

[dontoearth]

7 minutes ago, NCC1701A said:

that is what I am trying to avoid.

   We need your full name so we can look for the obit from your 'accident' or early death from heart attack?  

   You will be the TVF honorary best farung ever.

[NCC1701A]

3 minutes ago, dontoearth said:

   We need your full name so we can look for the obit from your 'accident' or early death from heart attack?  

   You will be the TVF honorary best farung ever.

Boom wanted my ATM PIN in case I needed to go to the hospital one day. She is very thoughtful.   

[dontoearth]

1 minute ago, NCC1701A said:

Boom wanted my ATM PIN in case I needed to go to the hospital one day. She is very thoughtful.   

   Has she had you write your own obituary so that you are not embarrassed by her and her families poor english skills?  ????????  She sounds so thoughtful like that.

[tingtongtourist]

what a classic 555

This Boom girl is obviously very Sa-mart in business 

sound like her "brother" and grandmother taught her everything she knows.

555

[NCC1701A]

10 minutes ago, dontoearth said:

   Has she had you write your own obituary so that you are not embarrassed by her and her families poor english skills?  ????????  She sounds so thoughtful like that.

she loves me and can't even go there.  

[dontoearth]

  Also the original poster should be aware that if he loses interest in boom boom the brother swings both ways!

[Puchaiyank]

Thanks for the laugh!   ????

[Kwasaki]

10 hours ago, NCC1701A said:

Sorry a lot of this has nothing to do with the bank thing, but I stopped my health insurance payments to start making the car payments.

I'm not taking your post seriously but as for Thai banks have kept large sums of bahts all year round for marriage extensions the A/C has never been a problem.

[up-country_sinclair]

Well done, OP.

 

????

[PatOngo]

11 hours ago, NCC1701A said:

Sorry this is a really long way to get ideas of what to do with the money.   

Gold and diamonds, she will love you even more if you give her big face with her friends. Lash out a bit, love isn't cheap in Thailand! 

[Gracas]

Is Booms grandmother still available ?

[NCC1701A]

18 minutes ago, Gracas said:

Is Booms grandmother still available ?

she is one of the youngest bar girls in Hua Hin. I can hook you up.

[Andrew Dwyer]

I think I know her and her sister !
I was looking for a place to park near the Sofitel and she came over and introduced herself and her sister, i was amazed that sisters had the same first name !!

Anyway the traffic started to move and i had to drive on so didn’t get chance to chat more.

She sounds like a keeper !

[thaibeachlovers]

It's not April 1st yet, which is when this should have been posted, but thanks for the laugh.

[Peterw42]

OP, its perfectly ok to keep the 800/400 as gold, its acceptable to immigration. My GF Bam has even offered to wear it for safety.

 

[scottiejohn]

14 hours ago, Gracas said:

Is Booms grandmother still available ?

Available for what I wonder!

Are you going to explain "grandfathering" the retirement money rules to her or just going to add your donation to the family pot of gold?

Edited February 7, 2019 by scottiejohn

[kannot]

On 2/6/2019 at 1:45 AM, NCC1701A said:

that is what I am trying to avoid.

Move to Chiang Mai and burn it to  keep  warm  in the cool  season, youll get better value  that way.