Burger wrote: Like leaving the retirement or marriage funds required at the same rate for years on end and not raising them in line with inflation ?
And doubling them overnight is helpful or making it easier?
Like 'grandfathering' in foreigners on old required funds.
How generous to the poor old bastards that have already spent most of their pensions in this country for years on end.
Like changing the total ban on foreign land transactions to that of foreign developers only ?
A rectified mistake after someone dropped the ball, I'm sure they would have preferred the first option.
Like reducing the retirement age from 60 to 55, then to 50 ?
Ok - I'll give you that but since it doesn't effect me for another 20 years I'm going to ignore it.
Like exempting foreigners living here and buying property from the 30% deduction on capital inflows.
If they were making it easier they wouldn't have enforced the 30% deduction in the first place.
Like changing the regulations on forming limited companies but leaving property buyers alone and only affecting foreign developers.
Again another u-turn after someone up there buggered up - hardly making it easier, more like saving their own face.
I think they love us.
I think they have cocked up a lot of decisions over the last 12 months but their true intentions are showing through.
Burger
Retirement Visa renewal
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
buksida wrote:Burger wrote: Like leaving the retirement or marriage funds required at the same rate for years on end and not raising them in line with inflation ?
And doubling them overnight is helpful or making it easier?
They made it easier and less confusing by not changing it year after year
Like 'grandfathering' in foreigners on old required funds.
How generous to the poor old bastards that have already spent most of their pensions in this country for years on end.
Correct, it was generous of the government, very generous
Like changing the total ban on foreign land transactions to that of foreign developers only ?
A rectified mistake after someone dropped the ball, I'm sure they would have preferred the first option.
Nethertheless, they admitted a mistake in favour of foreign investment, a positive thing for us
Like reducing the retirement age from 60 to 55, then to 50 ?
Ok - I'll give you that but since it doesn't effect me for another 20 years I'm going to ignore it.
Young B*%&$#$d
Like exempting foreigners living here and buying property from the 30% deduction on capital inflows.
If they were making it easier they wouldn't have enforced the 30% deduction in the first place.
But they enforced it for the big money men and left us be, that's positive to me, it could have been a clampdown
Like changing the regulations on forming limited companies but leaving property buyers alone and only affecting foreign developers.
Again another u-turn after someone up there buggered up - hardly making it easier, more like saving their own face.
Again, they admitted mistake in favour of foreign property investment, yes another 'we want you and your money'
I think they love us.
I think they have cocked up a lot of decisions over the last 12 months but their true intentions are showing through.
I think their true intentions are to welcome foreign investment of their choosing and try and price out 'what they consider' (not me) undesireables
Burger
Last edited by Burger on Thu Mar 22, 2007 7:25 pm, edited 1 time in total.
Good point. The actual wording of The Police Order is "blah,blah,blah.. total annual income that is averaged out at not less than 40,000 Baht per month".HHTel wrote:A little question in logic:
If I have 500,000 a year coming in on a one time hit per year, then that equates to a little more than 40,000 per month. Why doesn't that work? The alternative is having 400,000 in the bank and not to be touched for three months before application.
I've brought in over 10 mill in the last 2 years. That would equate to years of 40,000 per month. Doesn't work though. Strange eh?
Have you tried that with imm - the 500k once a year?
My income always varies month to month depending on whether I've had to spend on my property back home. When I go for the extension, I'll need a letter from The British Embassy confirming that I have an average income over the 40k per month. So, for sake of argument, I supply them with the three most recent bank statements, 2 showing income of 70k a month and 1 showing 10k, strictly speaking I should be OK as they all average out at over 40k.
You know that you don't have to bring the money over here now, unless you want to. Hence the letter from The Embassy. If it's here, your Thai bank book suffices.
I agree, it makes no logical sense. Again, have they turned you down on your above example? I can see where they won't factor in the 10 mill though. Maybe that's gone, spent. Income is what they're looking at - for marriage anyway.
Running out of colours here, I hope you're right with that one however I think their definition of an "undesirable" is anyone without very deep pockets.Burger wrote: I think their true intentions are to welcome foreign investment of their choosing and try and price out 'what they consider' (not me) undesireables
Burger
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
lomuamart wrote:
http://www.lawyer.th.com/National_Polic ... t_2006.pdf
Right down the bottom item 7.21 (a), seems to say that a while ago it was 60 and they only had to show 200,000 Baht.
Unless I mis-read it.
Burger
PS: just as a matter of interest, when was the retirement age 60? I've always known it as 55, then 50.
http://www.lawyer.th.com/National_Polic ... t_2006.pdf
Right down the bottom item 7.21 (a), seems to say that a while ago it was 60 and they only had to show 200,000 Baht.
Unless I mis-read it.
Burger
Burger, if I’m not wrong, there was already a guy, who had the opinion that's possible to run a country like a "business" ... the result of this crazy idea can be observed in the moment.Burger wrote: all 'businesses' will choose their most profitable customers.
The increase of the needed requirements were part of this "clever" politics!
All of us should be thankful that we aren’t in the middle of a civil war right now.
It will take years for every TH-government (military or democratic) to repair just the most important parts of the former mismanagement!
But, unfortunately, it seems that this species of “smartâ€
Of course, personal business greed has led to "someone's" untimely political end.
It should be also clear, that the current government has more important problems than to think about the fairness or non-fairness of some visa-regulations for Farangs.
Fact is, that the increase of the visa-requirements was just a result of the former "greedy" politic and the unwise idea to run a country like a "shopping-center".
It had nothing to do with inflation, improvements of the country, special care towards foreigners or other funny but questionable explanations!
It should be also clear, that the current government has more important problems than to think about the fairness or non-fairness of some visa-regulations for Farangs.
Fact is, that the increase of the visa-requirements was just a result of the former "greedy" politic and the unwise idea to run a country like a "shopping-center".
It had nothing to do with inflation, improvements of the country, special care towards foreigners or other funny but questionable explanations!
hmmm.... there is a grammar mistake, right??? Than I'm sorry ... but it's great that you understand what I meantBurger wrote:You're having a bubble bath aren't ya.special care towards foreigners
Burger
Never heard about health-insurances, huh?Burger wrote:I agree with the government, 400k is not enough, one major hospital operation and a flight back home for an emergency
Enjoy your drinks, my friend! It's nearly weekend and the bubble bath will be free for you soon, too!!
Thanks Lomu,
No that has not been accepted per se. Neither has the 'grandfathering' theory (I've been here for over 5 years). However, I've never been to get help from the British Embassy. Maybe that's what I should do now. The problem (I'm listening to hearsay now) is that I'm told that once you register with the Embassy, your state pension is frozen to the value when you leave the UK and is not subject to future increases. Maybe someone can enlighten me or dispute that categorically.
No that has not been accepted per se. Neither has the 'grandfathering' theory (I've been here for over 5 years). However, I've never been to get help from the British Embassy. Maybe that's what I should do now. The problem (I'm listening to hearsay now) is that I'm told that once you register with the Embassy, your state pension is frozen to the value when you leave the UK and is not subject to future increases. Maybe someone can enlighten me or dispute that categorically.
The problem (I'm listening to hearsay now) is that I'm told that once you register with the Embassy, your state pension is frozen to the value when you leave the UK and is not subject to future increases. Maybe someone can enlighten me or dispute that categorically.[/quote]
Htel
I genuinely doubt that the UK overseas embassies have any capability to report to the revenue in East Kilbride just because you have registered your overseas status with them.They function only as a subsidary of the foreign office and probably have their hands full just taking care of uk nationals who loose the plot while in Thailand.Your football paranoia seems to extend to all facets of life.I have attempted to post on here many times how overstretched the revenue actually are in Uk as it is generally rule of thumb that only 3 per cent of all tax returns are audited by the revenue.Best spend a bit more of what is left of your life worrying about lack of silverware that England have failed to land but your posts never point out all the great victories that England have had since 1966.With maclaren in charge I see no hope of silverware and possibility of non qualification so perhaps euthanasia is your best solution
Htel
I genuinely doubt that the UK overseas embassies have any capability to report to the revenue in East Kilbride just because you have registered your overseas status with them.They function only as a subsidary of the foreign office and probably have their hands full just taking care of uk nationals who loose the plot while in Thailand.Your football paranoia seems to extend to all facets of life.I have attempted to post on here many times how overstretched the revenue actually are in Uk as it is generally rule of thumb that only 3 per cent of all tax returns are audited by the revenue.Best spend a bit more of what is left of your life worrying about lack of silverware that England have failed to land but your posts never point out all the great victories that England have had since 1966.With maclaren in charge I see no hope of silverware and possibility of non qualification so perhaps euthanasia is your best solution