Search found 23 matches

by gera
Sun Nov 11, 2018 7:23 pm
Forum: Thailand
Topic: Another View on the Value of Retired Expats to Thailand
Replies: 21
Views: 872

Re: Another View on the Value of Retired Expats to Thailand

If you used to work in tourist industry , perhaps you can explain how TAT estimate (in great detail) the average spending by various categories of tourists. My personal observation (and I am sure of many others) do not confirm TAT figures. Your own approach seem to be inconsistent. First, you take t...
by gera
Sun Nov 11, 2018 7:17 am
Forum: Thailand
Topic: Another View on the Value of Retired Expats to Thailand
Replies: 21
Views: 872

Re: Another View on the Value of Retired Expats to Thailand

The total number of expats from the USA and the UK living here in 2010 was 126,000 (and this includes all children over age 5). Even assuming that number is now 150,000, it is reasonable to assume at least half are here on work visas. So the government is probably left with around 75,000 retirees. ...
by gera
Tue Nov 06, 2018 7:13 pm
Forum: Thailand
Topic: Another View on the Value of Retired Expats to Thailand
Replies: 21
Views: 872

Re: Another View on the Value of Retired Expats to Thailand

Current powers put all eggs in one basket:China. Be it tourism growth, export growth, infrastructure investment. It may backfire spectacularly. With current slow down in Chinese economy we already observe decline in Thai exports, tourist arrivals. Chinese typically offer draconian conditions for the...
by gera
Tue Nov 06, 2018 6:57 pm
Forum: Thailand
Topic: Another View on the Value of Retired Expats to Thailand
Replies: 21
Views: 872

Re: Another View on the Value of Retired Expats to Thailand

fountainhall wrote: they presumably assume that potential retirees will think a Bt. 5 million lump sum for 5 years a good deal


Is not it 500 000 baht for 5 years?
by gera
Sun Nov 04, 2018 7:52 pm
Forum: Thailand
Topic: retirement tips
Replies: 13
Views: 690

Re: retirement tips

If you are going to use a credit card or debit card in Thailand, issued by a non-Thai bank, it is also a good idea to inform your issuing bank, especially their fraud department, about where you will be and that you intend to use the card. GB, some of the US credit cards no longer require any infor...
by gera
Sun Nov 04, 2018 7:45 pm
Forum: Thailand
Topic: retirement tips
Replies: 13
Views: 690

Re: retirement tips

Talking of credit cards, some banks in Thailand will issue cards but you usually have to check around, sometimes at different branches of the same bank. I was lucky. I had a Thai HSBC credit card. When it sold its consumer banking division, it came to an arrangement with Krungsri that anyone who mo...
by gera
Sun Nov 04, 2018 5:14 am
Forum: Thailand
Topic: retirement tips
Replies: 13
Views: 690

retirement tips

Please, if you have any tips regarding retirement (bank accounts, credit cards, health care etc) consider to post here. I do not want to be seen as overly ambitious and do not assume that everything related to retirement should be posted here. But, in my view, every little bit of useful information ...
by gera
Fri Nov 02, 2018 4:44 pm
Forum: Thailand
Topic: ACH transfers from USA to Bangkok Bank -Alert!
Replies: 104
Views: 4815

Re: ACH transfers from USA to Bangkok Bank -Alert!

Well, my experimental transfer using TransferWise was a success. From which bank did you do the transfer? Was the transfer from a checking account or a savings account? I haven't done much about seriously trying yet, but I still want to find a bank in the USA that will allow me to open an account o...
by gera
Wed Oct 31, 2018 9:33 am
Forum: Thailand
Topic: ACH transfers from USA to Bangkok Bank -Alert!
Replies: 104
Views: 4815

Re: ACH transfers from USA to Bangkok Bank -Alert!

GB....my situation is exactly the same as yours. Even right down to my pension provider suggesting the check scenario. I cannot imagine sitting here in Thailand waiting for a check from the States to appear. Talk about stress!! Oy vey!!!! Also, it is my understanding that for a U.S. check to clear ...
by gera
Mon Oct 29, 2018 12:48 am
Forum: Thailand
Topic: ACH transfers from USA to Bangkok Bank -Alert!
Replies: 104
Views: 4815

Re: ACH transfers from USA to Bangkok Bank -Alert!

You will need to contact both banks yourself for details. Charles Schwab website indicates that initial deposit for one-international account is 25000 USD. But it seems this is negotiable. You will need to discuss ACH options with the bank. HSBC does not have specific international format but allows...

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