51Likes
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31-12-2021, 11:49 AM #31
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31-12-2021, 11:55 AM #32
I dont get the neccesity of being ridgid over a Visa. Most foreigners have free entry to Thailand (prior to covid) but just shorter term.
Why not just create a simple investment for residence status. I believe Canada had something along those lines trying to attract rich Chinese 7 or 8 years ago.
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31-12-2021, 12:23 PM #33
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31-12-2021, 12:56 PM #34
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31-12-2021, 01:32 PM #35
One thing I would definitely be looking for is some kind of guarantee of exemption from ANY visits to Immigration offices, as they do for the "Malaysia My Second Home" program. Not to "report your address", not to do a "90 day check-in", not to "extend" your visa at any time during the 10 year validity.
Otherwise people could easily find themselves lining up in the heat with a fist full of photocopies at Immigration offices for hours in long queues that make a mockery of current "social distancing" rules. Or end up having to pay additional fees to agents to handle it all. On top of investing half a million bucks.
I think Thailand lost a lot of trust with the Elite Visa debacle after members who invested a million or more baht ended up getting blacklisted from the country for misunderstanding the confusing rules (many of which just "reconfirm" what their immigration database should already know).
I understand people must follow the rules but in Thailand there are a lot that just seem to have no good reason. Here for example is all the disclaimers they now add to the Elite Visa scheme after participants were subjected to large fines or blacklisted from the country for several years, mostly due to being confused by it all:
Important Note:
By entering and staying Thailand under Thailand Elite Visa, member has acknowledged his/her duty to conduct the 90-day reporting, visa/stay extension, and notification of residence for foreigner (TM30) in accordance with the Thai Immigration Law.
• Member on a Privilege Entry Visa (PE) is granted a one-year permission to stay in Thailand per each visit (or less if the validity of your passport or your Thailand Elite visa is less than 1 year) and a 90-day permission to stay in Thailand per each visit for member on a Special Entry Visa (SE).
• Member understands and agrees that it is his/her duty to check the correctness of the arrival or extension stamp and is required to extend his/her visa/stay permission before the expiry date stated in the arrival or extension stamp, otherwise member will be considered as “Overstay” according to the Thai Immigration Law.
• Member agrees and understands penalties of the late 90-day reporting, ignorance of notification of his/her place of stay and overstaying such as a fine, ban from entering the country, imprisonment, and deportation according to the Thai Immigration Law.
• Member understands and accepts that company is unable to provide any assistance in case of late reporting, ignorance of notification of residence for foreigner, overstaying and penalties according to the Thai Immigration Law. "
At the end of the day even if they did "guarantee" exemption from all this stuff, with a military dictatorship still in control perhaps it's better not to take them at their word anyway, especially with the much larger investments being discussed. As far as permission to stay in Thailand is concerned there's a lot to be said for "pay as you go"
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31-12-2021, 01:37 PM #36
Every single step you have to take should be considered a "point of failure ..." which might need specialists to help you out in some countries.One thing I would definitely be looking for is some kind of guarantee of exemption from ANY visits to Immigration offices, as they do for the "Malaysia My Second Home" program. Not to "report your address", not to do a "90 day check-in", not to "extend" your visa at any time during the 10 year validity.
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31-12-2021, 01:48 PM #37
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25-01-2022, 10:23 AM #38
A step closer for those who are interested and looks bit promising but then again like everything else in Thailand, have to wait for final fine prints and see how many strings attached..
The 10-year visa is intended to attract wealthy travellers from 4 categories that have been the linchpin of the government’s tourism efforts for the last several months.
- Digital nomads – professionals working remotely online
- highly skilled professionals that can advance Thailand with their skills (and salaries)
- wealthy global citizens (government officials predicted at one point these tourists would spend 1 million baht per trip)
- wealthy pensioners – retired rich people with plenty of disposable income coming in each month
While the eligibility rules are still being nailed down exactly, they have announced some promising details on pricing. The visa will be given for 5 years first at a cost of 10,000 baht per year and can then be extended another 5 years. At a total 10 year cost of 100,000 baht, it is significantly cheaper than the current long-term visa options of the Thai Elite Visa program where a 5-year visa is 600,000 baht, a 10-year visa is 1 million baht, and a 20-year visa is 2.4 million baht including its annual fees, for some reason quite a bit more expensive than just buying two 10 year visas.
https://thethaiger.com/hot-news/visa...reparing-rules
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25-01-2022, 11:40 AM #39
Looks very promising... is there any view on employer tax liability for someone basing themselves there long term while employed outside Thailand?
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26-01-2022, 01:20 AM #40
Originally Posted by Windmill65:
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