Danny ******

This is a summary of

Danny ******

's contributions to the platform. They have posed 3 questions and added 318 comments.

QUESTIONS

Is there any pre-departure Covid testing at Phuket Airport?

1 comments

3 years ago

How can I change the expiration date on my Non-O retirement visa in Thailand?

9 comments

3 years ago

What issues have others faced with Pacific Cross regarding hospital bill payments, and what advice can you offer?

94 comments

a month ago

COMMENTS

What are the benefits and pitfalls of purchasing property in Thailand as a foreigner?

Danny *******

@Linz ***********

If anything goes wrong, and you are renters, you have much less invested and you can easily walk away. If you are an owner and lease your land many problems can come up and the civil courts are of little help, especially to foreigners.

2 years ago

What are the benefits and pitfalls of purchasing property in Thailand as a foreigner?

Danny *******

Been here 15 years as an owner and renter. Much, much safer to rent. If you must buy find a different country.

2 years ago

What happens to UK citizens evacuated from Sudan when they return without ties or support?

Danny *******

This is something you should plan for because it can happen anywhere. Unless you are a citizen in the country you are residing in you are always a guest and can be deported or forced to leave for other reasons. These UK citizens chose to leave as you know. They could have chosen to stay. Your choice.

2 years ago

What impact does inflation have on the Thai Baht and the experiences of expats in Thailand with exchange rates?

Danny *******

@Craig *******

What I am saying is there is no difference in the way they are treated for tax purposes when managed the way you have described. I did not say they were equal investments in terms of risk, volatility and investment strategy, just that they were both vehicles that can be used as inflation hedges and/or long-term investments.

2 years ago

What impact does inflation have on the Thai Baht and the experiences of expats in Thailand with exchange rates?

Danny *******

@Craig *******

Fine, but most people I talk to that are cult fans of digital currencies are using it like cash looking to makes a few bucks in their everyday currency accounts. What you are describing is no different than buying a share of stock. Both can be a hedge against inflation or a long-term investment. Nothing new there.

2 years ago

What impact does inflation have on the Thai Baht and the experiences of expats in Thailand with exchange rates?

Danny *******

@Craig *******

That's fine if you are willing to sell in big chunks and keep track of the basis in the chunk you sold, which isn't simple. But I know people who advocate using crypto as their cash account and keeping everything in crypto, selling it constantly as they pay expenses. That's an accounting nightmare of the tax preparer and at your expense.

2 years ago

What impact does inflation have on the Thai Baht and the experiences of expats in Thailand with exchange rates?

Danny *******

@Craig *******

I'm not sure what you are saying. Are you saying if you buy one unit of Bitcoin, hold it long-term and then sell it you have a simple long-term capital gain? That would be true but if you buy a hamburger and fries or pay your rent with your crypto account you have quite a different story.

2 years ago

What should I do if my bank account temporarily dropped below the required 400,000 baht for my marriage visa extension in Thailand?

Danny *******

@Richard *****

The same happened to me and when I explained it to immigration they said “no problem” since it was only like 10 minutes.

2 years ago

How much time should I allow before my flight at Suvarnabhumi Airport?

Danny *******

Time to find a bar. 🍺

2 years ago

Do I need a 90-day visa before applying for a retirement visa in Thailand?

Danny *******