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About bkkcanuck8

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  • Birthday 01/01/1915

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  1. The headline is also shameful -- and on the verge of being racist IMHO. You are taking an individual action and equating it to all farang actions. You are taking Thai municipal/government inaction and equating it to all Thai actions. First, from a foreign language service farang is rather a big over generalization -- not to mention the fact that 99%+ of all "farangs" would have taken no action.... Not exactly what the title seems to be inferring. I lived in a township (30,000+, city regional 100,000+) and had at least one major road that was in as poor of condition as many roads here.... In fact I had a severe concussion because of bicycling down the road, and I had another friend killed along the same strip because cars would have to weave back and forth to avoid potholes (new and old). It was probably in that state for a good 15+ years.... because it was never a municipal priority.
  2. It is a difference in legality. You can lease for 50 years LEGALLY -- which for some people might be the difference between being kicked out in their later years (even with a "promise of extension") because the property is worth more to the owner for some other purpose than renewing your lease (which he would legally be able to do after the initial 30 years).
  3. Any contract made that violates the law is not worth the paper it is written on. It is unenforceable and it would be null and void if taken to court. You are basically accepting an unenforceable promissory note which the contra-party may or may not abide by -- most likely not.... and any inheritors of that promise (through sale or inheritance) definitely would not feel bound by the note.
  4. There is quite a difference in economics. The internal property market has been rather high compared to many places -- so it sort of limits the ability of foreign property buyers to affect the market and driving up prices making them unaffordable for locals. I lived in Prince Edward Island (Canada's smallest province, with a small and mostly rural population) and they have restrictions on buying property which puts limits on absentee land ownership (i.e. those that are not resident there). [Understand that technically -- almost all of the people that post on this board are not residents of Thailand. ]. With the difference in economics between the developed world and developing world countries like Thailand -- and the vast number of foreigners that float around Thailand.... There is a valid concern that unrestricted land ownership by outsiders could distort the local market and drive even rural land -- leaving more Thais unable to afford ownership. You have to look no farther than Bangkok where you have Condos that are almost all foreigners (partly foreign ownership, partly Thai ownership renting to foreigners) to realize that there are residential property markets already being distorted by foreign influence. It is creating a reverse ghetto of sorts (communities of rich foreigners) devoid of Thais -- with little mixing.... It is currently limited to mostly upscale condos in a few locations -- but unrestricted property ownership rights country-wide could extend to areas which would price out locals (farms) the impact is spread outside. I don't expect them to allow unrestricted foreign property ownership until they become a developed country.
  5. I usually just hibernate during that period..... this year I might look out the window at how it is when there are no foreigners around.... hopefully it is more of a traditional celebration around here with a minimum of the madness.
  6. Or to get it guaranteed by another persons account
  7. They have them in Canada and the United States. They are commonly a way for people to use that are considered too much of a credit risk and thus avoid a chicken and egg situation. If you cannot get an unsecured credit card you get a secured credit card. In this case the security is cash in a bank account of some sort - that is locked and may not be withdrawn. You have another account - a credit card account that is backed by another account that provides the security (I had a secured credit card back in the day that gave me Prime + 1% interest rate and it was secured by my house -- a merger of a line of credit and credit card.... over the years the business was sold off and that option disappeared from that "institution"). And to answer another question/statement.... no.... it is not a debit card since it debits no bank account..... your cash in the other account used as security is untouched unless you abrogate the credit terms. A debit card is a card issued directly on your savings/chequing account and every time it is used it debits your balance as opposed to credits your credit account.
  8. I was thinking it would be better to have a compromise where if you are resident in Thailand that you would be able to buy land for the duration of your stay, but you would not be able to make any capital gains on the property that you owned and it should be a home for which you would be resident in (maximum lot size so a foreigner does not come up and buy Issan for their local house ). Upon disposition of the property the capital gains would be taxed 100% (or close to it) to prevent foreign speculation. If inherited by resident offspring it would be transferrable. If you sold it and left you would get back the principal. You would be able to avoid taxes by donating the capital gains to a local charity or schools. You would be able to sell the property to fund the purchase of another property locally -- without paying capital gains. Basically, you would be able to own land for personal use but you it would not be an "investment".
  9. Then he would not be tying up the 800,000.... it would be mostly gone That said -- for some (especially under 50 years of age) it can be worth the cost.
  10. You will have less fraud protection typically with debit than with a credit card typically -- and if your debit card is compromised.... they can clean out your account.... then it becomes difficult.... If you are going to hook up a debit card -- you should probably see about having a separate account that you can transfer from the high balance account to the debit card account.
  11. I suspect the bank has been doing it wrong for 8 years. You cannot (or should) not be able to use 200,000 baht to guarantee two different things at the same time. Most of my work has been on Banking and Brokerage systems software development, and I am 99% sure our systems would not allow you to double dip on assets for guarantees. You are basically guaranteeing 800,000 to Immigration in lieu of pension income, and you are guaranteeing 200,000 for your credit card..... In effect you are locking 1,000,000 for guarantees.
  12. In the west the price that you see in the grocery store is vastly more than the wholesale price paid to farmers.... Which is why anything that puts more money in the actual farmers hands is well worth the effort (if you actually care about the people farming the products).
  13. You are assuming the legal standard for defamation is the same here as in the west. In the west, truth is an absolute defense to defamation (unless the clip is altered to change it). In Thailand truth is not necessarily an absolute defense -- and posting a clip that has the intent of making the individual lose face or do harm -- can be considered defamation.
  14. Section 12 of the Immigration Act 6. Having been imprisoned by the judgement of the Thai Court ; or by a lawful injunction ; or by the judgement of the Court of foreign country , except when the penalty is foe petty offense or negligence or is provided for as an exception in the Ministerial Regulations. 7. Having behavior which would indicated possible danger to the public or likelihood of being a nuisance or constituting any violence to the peace or safety of the public or to the security of the public or to the security of the nation , or being under warrant of arrest by competent officials of foreign governments. Thai Immigration will be aware of the fact of his criminal record -- even more so if extradited directly from Thailand.
  15. Not many people would think that passport fraud is a good idea.... it is a federal crime punishable by up to 10 years in prison.... so even if he were treated leniently when returned (not likely -- since he fled justice) he would have the federal charge also hanging over him.... It is only a matter of time... but he won't be back for a long time if ever once deported.