This is NOT an official government website. We are an independent resource providing information and assistance to travelers.
Mark *******
This is a summary of
Mark *******
's contributions to the platform. They have posed 1 questions and added 324 comments.

QUESTIONS

COMMENTS

Mark ********
@Nick ***********
Not sure what you mean by "tits up". Never had a problem in the last five years. I transfer 65-70k each month from overseas. The transfers are tracked. That's what immigration needs to see. I'm happy getting the extra AUD$4000 each year. Pays for a couple of overseas air fares! Plus I don't tie up 800k for the rest of my life. If it works for you, that's good, I've just got better things to do with my money 👍👍😀😀
Mark ********
@John ********
The rules regarding bank accounts are tightening around the world. Thai banks have decided not to open bank accounts to those on tourist visas (which the DTV is), but those on long-term non-immigrant visas can do so
Mark ********
@Kevin **********
I switched from OA to O, so I never had the 800k lump sum, but I believe you have to meet the requirements of each separate year to ensure continuity, so you wouldn't be able to withdraw the lump sum until three months after you've obtained the extension based on 65k per month
Mark ********
@Nick ***********
Depends on how much interest you miss out on. As an Aussie with a Super Fund paying in excess of 11% per annum tax free (so 88,000 baht per year) that's way too much to miss out on, and tying up 800,000 baht for the rest of my life, and still have to bring in money to live on anyway. For me (and for many other shrewd investors) it's a no-brainer. The 65k wins every time!
Mark ********
@John *********
Does it appear in your Thai bank account as an international transfer?
Mark ********
@Azure ********
No checks are made on where the money is actually spent. It's irrelevant to the actual bank transfer
Mark ********
@Bobby ********
Nothing in the screenshot is of a personal or private nature
Mark ********
Only Bangkok Bank and Kasikorn will show Wise transfers as "International". Remember to select "Funds For Longstay In Thailand" option