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Posted
On 7/13/2024 at 6:29 AM, Iron Tongue said:

Don't forget that the Inland Revenue is going to want a cut of that.  Depending on their gross income, they'd better plan a house minus 39-48%.

Gambling wins aren't taxable in UK.

Posted
16 hours ago, Dave0206 said:

I have not read all replies so excuse me if I repeat somebody's response. 

I'm not sure how old the children are but seems a bit selfish to bring kids brought up in the west to the boonies it may well be the parents idea of heaven but I doubt if many on this forum would do it .

I should assume many oldies have a 2nd family here now and kids are doing great but they were born here don't know anything different  

Turning clock back would they bring there first family here 🤔 

That's total speculation, we have no idea where they were living in the UK. I have friends that are heading back to the UK now and the biggest fear is that their 10 year old kid will be exposed to a lot of gang violence, and the influence of young gangs. A friend of theirs has a 13 year old son who was recently stabbed by a local thug.

 

That would have to be less of a concern here, in addition to the quality of life here is infinitely higher for those with a limited income, so there are a hundred variables to consider. 

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Posted
17 hours ago, Dave0206 said:

I have not read all replies so excuse me if I repeat somebody's response. 

I'm not sure how old the children are but seems a bit selfish to bring kids brought up in the west to the boonies it may well be the parents idea of heaven but I doubt if many on this forum would do it .

I should assume many oldies have a 2nd family here now and kids are doing great but they were born here don't know anything different  

Turning clock back would they bring there first family here 🤔 

 

I'm not sure how old the children are but seems a bit selfish to bring kids brought up in the west to the boonies it may well be the parents idea of heaven but I doubt if many on this forum would do it .

 

After reading the above, this thought popped up in my mind.

We see many adult Westerners settling down in Thailand (and other undeveloped countries) and they have First families and 2nd Families and other supplementary Families, whatever...

 

So what's wrong with  bringing kids brought up in the west to the boonies ?

(Excuse me, if I sound very ignorant)

Posted
4 hours ago, spidermike007 said:

That's total speculation, we have no idea where they were living in the UK. I have friends that are heading back to the UK now and the biggest fear is that their 10 year old kid will be exposed to a lot of gang violence, and the influence of young gangs. A friend of theirs has a 13 year old son who was recently stabbed by a local thug.

 

That would have to be less of a concern here, in addition to the quality of life here is infinitely higher for those with a limited income, so there are a hundred variables to consider. 

Well we do it is Bury St edmonds a nice part of England. I understand it is every parents right to do what they think right for there family .

My point is the education will suffer but everyone is entitled to there point of view 

Posted
On 7/13/2024 at 4:39 PM, Captain Monday said:

interesting. How do inland revenue know it is your profession? 

 

On the US gambling winnings are taxable. People who win those huge lotteries pay income tax. 

If you hit more than 1199 dollars on the pokies the machine locks up and a slot attendant comes out for you to show ID and sign an IRS  form or else they take 30 percent off the top. You submit this with your income tax return.

 

You can actually deduct gambling winnings up to the amount of your losses, Im told

This is tracked by players cards people register with at casinos for points and freebies.

Or maybe can show a foreign passport and convince them you are a tourist.

 

In the UK, if you win £100 million in the Euromillions or whatever, you get £100 million tax-free. 

 

And I just looked it up, and I was wrong, you don't pay tax on poker winnings even if it is your job. I thought I read somewhere that professional poker players had to pay tax.

Posted
On 7/13/2024 at 11:56 PM, bkk_mike said:

They're buying a house they intend to live in.

 

Yes, spending.

 

It doesn't matter how you try to spin it - owning a house is a huge expense, NOT an investment. Real estate is a pretty **** "investment" all around.

Posted
6 minutes ago, PingRoundTheWorld said:

Yes, spending.

 

It doesn't matter how you try to spin it - owning a house is a huge expense, NOT an investment. Real estate is a pretty **** "investment" all around.

 

   Can be worthwhile in the long run , saves spending your whole life paying rent money 

Posted

Who wants to be in the paper with that news, name and all.
She will soon have all of her family and "friends" on her like flies on a piece of excrement.

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Posted
On 7/14/2024 at 4:26 AM, Scouse123 said:

 

 

Got that bit genius, but what was the one pound bet on.

I guess you're right! I must be a "genius" to simply asked the question that was answered (based on the article). You on the other hand fail in the genius category, as demonstrated by your reading comprehension skills. As for what was bet on, do your own research.

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Posted
1 hour ago, neeray said:

I guess you're right! I must be a "genius" to simply asked the question that was answered (based on the article). You on the other hand fail in the genius category, as demonstrated by your reading comprehension skills. As for what was bet on, do your own research.

 

So you mean you don't know?

Posted
8 hours ago, Scouse123 said:

 

So you mean you don't know?

I couldn't care less. Somebody posed a question. I answered it. END

Posted
On 7/14/2024 at 6:04 PM, digger70 said:

Not a life changing Amount for Some People who got It All but for normal hard working people It's life changing giving them a big Breather .

 

The thing is when most hard working people get such an amount for the first time in their lives, they lose all reason and soon blow it all away. Very few have the sense to hold onto it and maybe try and grow that amount. As I mentioned earlier, I know a Brit who had 250K GBP. after three years he's left with less than 150K GBP. He's about 68 years old, and I wonder just how long that 150K will last before he has no option to return to the UK totally broke!  

 

So, yes it is a life changing amount, But that change can be a negative change which some don't see coming!  

 

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Posted
37 minutes ago, CharlieKo said:

I know a Brit who had 250K GBP. after three years he's left with less than 150K GBP. He's about 68 years old, and I wonder just how long that 150K will last before he has no option to return to the UK totally broke!  

He's done pretty well to only spend £100k in 3 years, and probably enjoyed every minute of it.  And now he's getting his pension about £1k/month he can tighten his belt and live for the next 10 years on £2k+/month.  There are many surviving on a lot less.

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Posted
41 minutes ago, Upnotover said:

He's done pretty well to only spend £100k in 3 years, and probably enjoyed every minute of it.  And now he's getting his pension about £1k/month he can tighten his belt and live for the next 10 years on £2k+/month.  There are many surviving on a lot less.

 

He is not getting £1K/month pension, He only gets the state pension which is less that £600 per month due to the contributions he made during his working life. Plus he gets another 4000 per annum interest on the 150K about £337 per month, reducing as he sends more money to Thailand. So lets say £950 per month. What if he lives more than 10 years? 

Posted

Was'nt there a recent episode where a farang had won a decent amount of Thai baht from a lottery prize, while in Thailand and all those racist Thai-netizens were up in arms about farangs playing Thai lotto etc??

Pot kettle black and yet again Thai hypocrisy in full swing. That's 2 examples on here today alone!

 

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Posted
11 hours ago, Phil1964 said:

Was'nt there a recent episode where a farang had won a decent amount of Thai baht from a lottery prize, while in Thailand and all those racist Thai-netizens were up in arms about farangs playing Thai lotto etc??

Pot kettle black and yet again Thai hypocrisy in full swing. That's 2 examples on here today alone!

 

  1.  racist Thai-netizens
  2. Thai hypocrisy

That's 2 examples on here today alone! :cheesy:

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Posted
On 7/15/2024 at 7:16 PM, orchis said:

Who wants to be in the paper with that news, name and all.
She will soon have all of her family and "friends" on her like flies on a piece of excrement.

Her family may not be the same as yours would be in this situation.

Posted
On 7/18/2024 at 11:19 PM, Phil1964 said:

Was'nt there a recent episode where a farang had won a decent amount of Thai baht from a lottery prize, while in Thailand and all those racist Thai-netizens were up in arms about farangs playing Thai lotto etc??

No, there "was'nt" [sic].

  • Haha 1
Posted
20 minutes ago, Scouse123 said:
On 7/13/2024 at 12:59 PM, Captain Monday said:

She’d better first divorce.  Leave this 45 yr old excuse for a bum ”ex firefighter” what keeps his dear wife working day and night back in England. 

Find something better while she is still young. 

 

I find that in poor taste.

 

She was working in the UK instead of sat on her bum gambling or up to mischief, which is common amongst Thais when they don't have enough to occupy their minds.

".I find that in poor taste ... sat on her bum gambling or up to mischief, which is common amongst Thais".

 

That is not only in poor taste, but also screamingly hypocritical!

Posted
9 minutes ago, Liverpool Lou said:

".I find that in poor taste ... sat on her bum gambling or up to mischief, which is common amongst Thais".

 

That is not only in poor taste, but also screamingly hypocritical!

 

 

Suit yourself, i rarely care about your opinion.

  • Haha 1
Posted
10 minutes ago, Liverpool Lou said:

".I find that in poor taste ... sat on her bum gambling or up to mischief, which is common amongst Thais".

 

That is not only in poor taste, but also screamingly hypocritical!

 

 

Calling firefighters bums?

 

Don't think so

Posted
On 7/13/2024 at 1:01 PM, SpanishExpat said:

I don’t know them, but I’m still in my 30s and have been living in Thailand for 9 years. So yeah , I think i know what is possible for a “younger” expat with that amount of money and what is rather romantic day-dreaming.

And you confirm that you don’t know them, but insist on imposing your singular experience. Anything IS possible- including you being happy for someone else without crapping on their dreams… maybe.

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