ok, let’s say you can swim upriver against the current and convince all the people who will have some kind of power over your business that you are the one who doesn’t need a Thai business partner. Then you invest your large sum of money to get no return on investment or lose plenty of money by adding your last bit of money to keep it afloat or make a paltry 1% or 2%. Better to put the money in a high yield savings account in your home country to at least earn 4
Most of the people who have had problems with Wise have used Wise as a bank account. Others have had issues with the Wise debit card. If you use Wise only to transfer money from your bank to your other bank account, you will not have issues. Don’t store money at Wise and don’t use Wise debit card.
Thailand from October to April. I’m from the US, so my circumstances are similar, but not the same.
I have Medicare Advantage plan in the US and my plan will reimburse me for any emergency hospital visits. I have to pay in Thailand and submit the bill to Medicare when I arrive home. The plan states I cannot travel outside the United States for longer than 6 months each year. For all other medical expenses in Thailand I am self insured because I spend B5,000 or less each year. Works good for me.