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  1. #76
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    Quote Originally Posted by Backspin View Post
    I'd go insane if i had to do annual renewals. And would gladly pay a fair some of money to avoid it.

    Hell. I'm 38. A year feels like 7 months. As i have heard , this gets worse with age. It must feel like 5 months by the time you are 50 and so on.

    By the time you are done your extension , it's almost time to start dreading and procrastinating about it again. That's how i am with taxes anyway

    A million baht is probably my total of fines for being late on my taxes since i was 16. Late charges just this year was $2000
    You are insane already just going by the quality of your posts!

    If you were worth anything, you could employ a CPA to do your taxes on time every year. That way, you could go online with the fines you save, and buy cheap plastic bowling shoes that don’t fit you.

  2. #77
    CCBW Stumpy's Avatar
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    What ol LuLu stated about PR is possible. Just takes time and patience. My wife and I gathered up all the information 4 or 5 years back for both PR and Citizenship. After all was said and done I just do not see it having any significant worth to me. Sure it would afford me a few extra benefits but my life is easy now and I sure do not need it to validate me. As for speaking, reading and writing Thai, it is something I should have had more interest in but again I have always worked here and virtually all the folks I interact with speak English. Had they not, it would have driven me to be proficient. Again though in all my years here it hasn't changed or impacted me.

    I have invested exactly what I wanted to here. Additionally I am on the Chanotes and Yellow book as an owner of the house. My wife made sure of that in the event something happened to her. The unknown is what we will do with the place. We have no children and will not. I am 11 years older than wife so good chance I will not have to deal with it. It will be her choice. I suggested she pass it our niece
    Again not my concern. No need to complicate ones life with it. I am extremely happy here, have a nice spot to call home and the annual checkin and 90 day drop by Immigration are noise.

  3. #78
    On a walkabout Loy Toy's Avatar
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    ^ I was offered permanent residence status by a high ranking immigration officer 15 years ago and when I read though the advantages and disadvantages I declined her offer.

    Maybe I made a mistake but this P.R status needs to be looked at very carefully before making a decision, especially when you have to leave Thailand regularly, as you need to notify immigration a few days before you leave and receive a departure clearance otherwise you P.R status can be revoked immediately.

  4. #79
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    Quote Originally Posted by cyrille View Post
    Profession?

    Mao?
    I believe Mao/Lulu/Eddie is a professional landlord & crypto trader (plus BS-er).

    Btw cyrille, I chuckled at your remark re: Backspin's shoes. .

    Edit: it was Switch that made the remark, not cyrille. My bad.

  5. #80
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    Quote Originally Posted by Mendip View Post
    Pray tell, what are the rules for PR?

    Years of tax returns, donations to charities? How did you achieve it Edmond?
    Sucking cock, I should imagine.

  6. #81
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by katie23 View Post
    I believe Mao/Lulu/Eddie is a professional landlord & crypto trader (plus BS-er).

    Btw cyrille, I chuckled at your remark re: Backspin's shoes. .

    Edit: it was Switch that made the remark, not cyrille. My bad.
    Someone called him a trust fund baby the other day

  7. #82
    CCBW Stumpy's Avatar
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    Quote Originally Posted by katie23 View Post
    (BS-er)
    ^Probably should have lead with this Katie. Then in parenthesis (Landlord and crypto trader.)...

  8. #83
    On a walkabout Loy Toy's Avatar
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    ^^^ You certainly have an affinity for sausages Seekingslugs!

  9. #84
    CCBW Stumpy's Avatar
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    Quote Originally Posted by Loy Toy View Post
    Maybe I made a mistake but this P.R status needs to be looked at very carefully before making a decision, especially when you have to leave Thailand regularly, as you need to notify immigration a few days before you leave and receive a departure clearance otherwise you P.R status can be revoked immediately.
    There are requirements with having the PR status LT. Honestly every option or application here has something tied to it with a significant cost, rule or requirement. For me, I just do not see any upside to pursuing it.

  10. #85
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    The best option for any foreigner abroad is only invest what you don't mind walking away from and minimise your risk re-getting out quickly if you need to.

  11. #86
    On a walkabout Loy Toy's Avatar
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    ^^ Stumpy, I always renewed my work permit every 2 years at the One Stop office on Rama 4 and after 20 years the head officer there asked me if I wanted PR Status and she would do it for me without the complications involved.

    No costs were discussed but she told me I was fully eligible with my background and it could happen almost immediately.

    Anyway I declined her offer and at the end of the day it did not seem to offer me any benefits more so problems when I needed to leave the country.

    Not to mention I still needed to apply for a work permit to maintain employment even though having a P.R Certificate.

  12. #87
    CCBW Stumpy's Avatar
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    Quote Originally Posted by malmomike77 View Post
    The best option for any foreigner abroad is only invest what you don't mind walking away from and minimise your risk re-getting out quickly if you need to.
    Yep. That is the safest and soundest advice. Always have an exit strategy and a "Go Bag". This is why I will never sever ties with the US and keep certain things active there like a few bank accts, driver license, credit rating and a place to stay. While I have no plans too ever leave, ya just never know.

  13. #88
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    ^ yep as you say, never sever your home ties also.

  14. #89
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    Quote Originally Posted by Backspin View Post
    Someone called him a trust fund baby the other day
    I think (or read somewhere) that he received an inheritance. He probably used that to buy his condo unit(s?) and crypto.

    But if you ask him, he'll deny it - which is typical of Lulu. (insert the Luigi avatar/ smirk here).

    Also <insert> the GIF of those 2 Italian guys.

    @stumpy - I was being diplomatic re: lulu. Heh.

  15. #90
    CCBW Stumpy's Avatar
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    Quote Originally Posted by katie23 View Post
    @stumpy - I was being diplomatic re: lulu. Heh.
    All Good Katie. I had a good laugh.

  16. #91
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by Stumpy View Post
    ya just never know.
    Yep. I have concluded Murphy is a Thai.

  17. #92
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    Trust fund babies? Feckless Boomer brats more like.

  18. #93
    CCBW Stumpy's Avatar
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    Quote Originally Posted by Seekingasylum View Post
    Trust fund babies? Feckless Boomer brats more like.
    That should be a thread all by itself SA. It sickens me when I hear people late 30's mid 40's who's laugh and joke that their retirement plan is waiting for their parents to die to inherit their part of the estate. So they live way outside their means, rent apartments but lease and drive $150K cars knowing they can go all out and just wait for their golden ticket. Its all pretty shallow but life as it is.

  19. #94
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    ^ well if it sickens the parents they can do something about it either by ensuring the little darlings don't get anything - the blow your wad route or giving everything to the save the green tipped bot fly charity in their wills

  20. #95
    CCBW Stumpy's Avatar
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    Quote Originally Posted by malmomike77 View Post
    ^ well if it sickens the parents they can do something about it either by ensuring the little darlings don't get anything - the blow your wad route or giving everything to the save the green tipped bot fly charity in their wills
    But they don't and that's the problem. As SA commented, they are spoiled brats with little incentive to apply themselves. Its just a wait game.

  21. #96
    Making people dance. :-)
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    What on Earth are the grumpy old decrippeds pissing and moaning and being grumpy about now.



    Quote Originally Posted by malmomike77 View Post
    ^ well if it sickens the parents they can do something about it either by ensuring the little darlings don't get anything - the blow your wad route or giving everything to the save the green tipped bot fly charity in their wills
    Quit yer moaning and get back to work, grandpa.

  22. #97
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    Quote Originally Posted by Edmond View Post
    Quit yer moaning and get back to work, grandpa.
    if you had basic reading comprehension you'd be able to understand i wasn't moaning, in fact i couldn't care less but JPPR seems to.

  23. #98
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by Stumpy View Post
    That should be a thread all by itself SA. It sickens me when I hear people late 30's mid 40's who's laugh and joke that their retirement plan is waiting for their parents to die to inherit their part of the estate. So they live way outside their means, rent apartments but lease and drive $150K cars knowing they can go all out and just wait for their golden ticket. Its all pretty shallow but life as it is.
    Nice boomer story. It is incoherent and utter bullshit like usual. My dad was 60+ before his dad died just 2 years ago. Why would it be any different for us ? My dads money is the last thing on my mind. Oh yeah lets live large so when Im 68, I can roll in the dough har fucking har.

    I saved probably 80% of my money from age 20 to 30. Maybe more.

  24. #99
    Guest Member S Landreth's Avatar
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    ^living with your mother helps

  25. #100
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by S Landreth View Post
    ^living with your mother helps
    Speaking of champagne socialist boomers, who turned very modest seed capital into fortunes just by virtue of getting in at the bottom of the biggest financial ponzi pyramid scheme in human history. That continues today.

    But carry on. You might just live your entire adult life without being subject economic reality. Unlike your parents or your kids.

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