I hear ya, and that was my initial concern. My Thai bank is actually paying 0 interest on my funds! But I accept it because any interest earned might trigger tax consequences, so I'm relieved to say that I earn nothing in Thailand. As far as missing interest that I could be earning in the US, I'll just do a couple earnings related option trades and that will bring in income to cover that interest. Again, it gives me a piece of mind that I don't have to worry about the monthly transfers.
I'm just curious why people choose the monthly option. I deposited my 800k 3 years ago and I just make sure the balance is appropriate and no further concerns. So much easier in my opinion.
My agent's fee is not a waste to me at all. She and her husband live in my building and are super nice and helpful on many Thai topics. And her former assistant has been my good friend for over 6 years now. But a better reply is this: can you make more baht? Yes, I'm generating income while I sleep. Can you make time? I sure haven't found a way, but if you have, share with the rest of the world. So my argument stands... my time is more valuable than a few k of baht.
I 100% disagree but then go for it if you're bored and looking for something to do. I personally put a high value on my time. Why do I want to go travel about to gather the documents then wait around with a 100 other people at immigration when I can go sit and drink a latte at the coffee shop and have this all taken care of by someone who's an expert? That's the simple process.
Right. Before I made my move I took a reconnaissance trip to Bangkok at which time I met up with the Visa agent I was going to use so I understood her plan of action. Then when I came back a few months later to make the actual move, everything was ready... an easy process. So do whatever you can in advance if possible.
It sounds like this is a perfect time to get a Visa agent involved to get everything sorted out. It'll all get taken care of quickly and stress free. Speaking from experience.
I handed over my passport to my Visa agent and then received it back the next day telling me it was done. So that's the way I prefer to do it and you may wish to consider the same thing.