@Ian ******

I just transfer the bare minimum I need into my Thai Bank account (or use an international travel debit card to make direct purchases) to cover my living expenses and leave the bulk of my savings in my overseas bank accounts earning interest which I can withdraw at anytime and invest elsewhere at my discretion. This offers me more flexibility and liquidity, especially if I spot an investment opportunity in the market and need funds on short notice. Bare in mind not everyone opts or qualifies for the 65k monthly installments. Anyone that doesn't will still need to front up with 800k

@Ian ******

it wasn't ignored. If you scroll through the thread this was acknowledged in the discussion. What you're ignoring is that "many" doesn't translate to "everyone". It depends on each individuals personal circumstances. Some may opt for the monthly instalments, some may opt for the 800k upfront and some may opt for a combination of the two. The point is that is money going into a Thai Bank account (doing nothing) that you could be investing elsewhere. Ultimately it's a personal choice. I'm just explaining what I do. What you do is entirely up to you.

@Chris ***********

sure, there's always some Karen on his moral high horse dictating to others what they should or should not do. I bet if you dig a bit deeper, many of these muppets are not as innocent as they pretend to be

@Graham *****

what fines? LOL. If you've been here long enough, then you should know by now that Immigration turn a blind eye because they get a cut from the agent. So don't play dumb. We all know how it works. This is Thailand, not England, Europe, Australia or the United States. Stop fear mongering. You've made your choice, let others do the same

@Pete ******

and what are you going to do about it? Bitch and moan because you got nothing better to do with your life?

@Graham *****

my personal choice is to maximise my capital and let it work for me

Not a hard concept

@Graham *****

the point is that money is sitting idle when it could be generating passive income elsewhere. AUD 38k is nothing to sniff at. That's a deposit for a house

Everyone's situation is different depending on the individuals personal financial circumstances and aspirations.

It's not one shoe fits all

@Pete ******

agree to disagree. I have my money working for me in other investment portfolios

It all comes down to each individuals personal financial situation and cost benefit analysis (opportunity cost)

Making blanket statements and claiming it's the "best" option for "everyone" without knowing their circumstances or other opportunities available is a mistake IMHO

Do what's right for you and let others make their own personal choices without the guilt trip

@Jack *******

sounds like you're making a big assumption with zero evidence

@Magnus *****************

I do the same