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mahjongguy

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About mahjongguy

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  1. Yeah, two years didn't sound right. ThaiPBS, The Nation, and the Bangkok Post all now agree that the sentence was two months.
  2. mahjongguy

    HONDA CRV BATTERY

    This is not unique to the CRV or to Honda cars in general. Nor unique to FB. Lead/acid batteries just don't do well in the heat. If you buy the regular type you must check the water level in the cells monthly. Failure to keep them topped up ruins the battery. I pay a bit more for sealed ("maintenance-free") batteries. They average 2 and a half years and I don't have to remember to check them.
  3. mahjongguy

    JOMTIEN STORM

    If anyone is interested, there are three kinds of trees along the beach. I like them all, but I do sometimes think I should wear a helmet. - Palms, mostly coconut - Casuarina equisetifolia (Australian Pine) - Terminalia catappa (Tropical Almond, pictured below)
  4. mahjongguy

    3BB Fibre international speeds

    " Test results, using Speedtest and Testmy.net, are so variable as to make comparisons difficult. " Yessir, it's an inexact science. I recommend http://www.dslreports.com/speedtest. If you dig around the site you can set it to UK targets. I have 200/100 service and just tested it to New York and California. The result was 51/56 megabits. Obviously there's no way you could get that on 30/10 service. I think my 200/100 link is a great bargain but if maximum value were my only priority I would downgrade to the 100/50 offer.
  5. mahjongguy

    1 year retirement visa

    That is not a photo of an O-A visa nor any other kind of visa. It's an extension of stay.
  6. Don't we need to know the O-A date of issue?
  7. mahjongguy

    Am I a Thai citizen ...?

    It seems that your answer is: if you come here and stay a while and doggedly pursue the needed documentation then you may very well succeed. From a legal standpoint, the two most important benefits would be the right to live here indefinitely without any interaction with Immigration, and the right to own property. If neither of those is your intention, and especially if you are not fluent in Thai language, the ID card and passport might not be of great value to you. In any case, I wish you well.
  8. "Just as an aside does any other country issue an extension of stay or do they all just issue a new visa when required or extend the original visa by changing the validity dates?" Thailand is not essentially different from most other countries. A visa allows you to approach a border and request entry. If admitted, you are given permission to stay for a specified period. If conditions are met, that stay can be extended. The expiration date of the visa itself is not amended.
  9. mahjongguy

    Thai Retirement Visa

    Or it may be possible for the OP to qualify based on income, maybe even on cash + income.
  10. That seems very logical, and useful. Thanks.
  11. In 2014 my Thai friend renewed his Thai passport. He then got a multiple-entry US visa. Next year he will need to get his Thai passport renewed again. For the following five years, will he be able to enter the US using his new passport along with the visa in his expired passport?
  12. Yes, after your extension has been renewed you are free to nibble away at the account month by month or withdraw all of it if you want. But you can only do that in a regular savings account, not a fixed account. Recap: regular savings accounts are not subject to withholding taxes except when your total interest exceeds 20,000 baht at that institution.
  13. " I also didn't list as part of the paperwork burden that someone with significant assets in Thailand should probably figure out some kind of a will to cover those assets, too. Of course if you own a place to stay you probably already have one, but if you're renting, the 800k account might be the only significant asset you have in country. " As you say, having a Thai will is on-topic because 800k is too much money not to care about where it ends up. But even if you go the stated income route and only have a motorbike and a TV and a few baht under your mattress, would you want that to go to the government for lack of a will? It's very simple to arrange and there should always be someone you'd like to see designated as beneficiary. It's especially important because Thai banking laws don't allow specified beneficiaries.
  14. "1) Assuming I put the money in a fixed term deposit account, I'd have to do extra work to get the 15% of the interest returned that was withheld. The threads about that say it's not a huge hassle, but it's still paperwork." It's never fun to go to a government office but for a tiny late fee you can just go once every three years. "2) And as US person, I'd have to do the FINRA filing, which I've never done before. That's online, and supposedly very easy, too, but it's still (virtual) paperwork that you have to remember to do." Filling out Form 114 online isn't fun but it doesn't take long. The bigger hassle, if you have more than just the single fixed account, is keeping track of the maximum balance during the year for each account. "3) The Thai interest is US taxable income (they make the laws, they don't have to be reasonable), so you have to pay tax on the interest even after you get back the 15% from Thailand. I do my own taxes (using a program), so I'd have to somehow come up with the equivalent info that would be on a US 1099-INT form." Using TurboTax, I typed in "Bangkok Bank" and "$852.41". Not much of a chore to enter nor to determine the amount, mainly because the interest from regular accounts are only paid twice a year, in June and December, making it easy to track. "4) I also know there's a question in the tax program's interview about whether you "have signature authority over a foreign account with more than $10,000 in it". The answer to that question would be yes, and I don't know what kind of a rabbit hole you end up down as a result of that. It all sounds like a lot of small hassles that add up." You get asked twice, once in regard to the need to file an FBAR Form 114 online (now required by April rather than June) and once in regard to having bank accounts and other interests (investments, partnerships) that add up to $50,000 or more. TurboTax might need to prepare a Form 8938 to be submitted along with your 1040 and other forms. However, in my case, as a full-time resident here, the bar is raised to $200,000, which lets me off. So, that's my take on the overall hassles of the 800,000 baht method. A mixed review, but what tips the balance for me is the fact that I sleep better at night knowing that I've got money in Thailand. Living here for thirteen years has convinced me that having a stash at a nearby bank is a worthwhile comfort.
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