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Where should/will an agent register me?

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On 3/2/2023 at 10:35 AM, soi3eddie said:

It hasn't caused her any issues.

YET

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  • FritsSikkink
    FritsSikkink

    "When using an agent to fund the Non O retirement" You mean they bribe them which is illegal.

  • The Fugitive
    The Fugitive

    In my own case that wasn't necessary. The IO asked me how much the agent charged and offered to 'do it for less'.

  • That depends upon what the agent did. If they arranged financial proof it could be a problem since many offices want to see proof that it had been in the bank for the past year.

  • Popular Post
On 3/2/2023 at 6:33 PM, trax33 said:

So they knew you were using an agent? Or is this always obvious to them? ????

They know and could make your live very uncomfortable. You really are at their mercy. 

20 hours ago, FritsSikkink said:

The guy who pays the bribe, the agent and the immigration officer

The guy who pays the bribe = 50,000 ex pats.

The immigration officer = every IO office in Thailand.

The agent = 1000s of working Thais.

 

The "problem" all stems from the absurd 800/400k rule. Who benefits? The banks. My bags are packed if they ever enforced it. I'd simply take my money elsewhere, and become an occasional visitor, if I still felt it was worth it. I don't remember who brought it in, or when, or why. On average, I spend that 800k every year. In Thailand, almost all of it going to Thais. In the bank? You've got to be joking! I lose 10s of thousands in depreciation. My 12.5k would feed a family of 4 for a month, at least - if I chose to go down that route, of course.

11 minutes ago, bradiston said:

The guy who pays the bribe = 50,000 ex pats.

The immigration officer = every IO office in Thailand.

The agent = 1000s of working Thais.

 

The "problem" all stems from the absurd 800/400k rule. Who benefits? The banks. My bags are packed if they ever enforced it. I'd simply take my money elsewhere, and become an occasional visitor, if I still felt it was worth it. I don't remember who brought it in, or when, or why. On average, I spend that 800k every year. In Thailand, almost all of it going to Thais. In the bank? You've got to be joking! I lose 10s of thousands in depreciation. My 12.5k would feed a family of 4 for a month, at least - if I chose to go down that route, of course.

something that doesn't get mentioned often enough is the fact that if you are silly enough to put 800k in a Thai bank you get the "foreigner" interest rate which is lower than what the locals get. if that's not corruption then I don't know what is...

34 minutes ago, Lemsta69 said:

something that doesn't get mentioned often enough is the fact that if you are silly enough to put 800k in a Thai bank you get the "foreigner" interest rate which is lower than what the locals get. if that's not corruption then I don't know what is...

Yeah, that's if you can get to open a deposit/interest bearing account with a book. It's a joke, the whole system. I've no idea who the schmxxx was who thought this little scheme/scam up. Probably a banker on the payroll.

On 3/2/2023 at 10:34 AM, The Fugitive said:

Nothing to worry about. Despite popular opinion, using an agent does not commit you to use their (or any other agents service in future).

I think it can cause problems with the seasoning of the money during the year, ie 800,000thb for 3 months after and 400,000thb for the remainder of the year.

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