JB300

http://www.iol.co.za/travel/world/thailand-to-issue-10-year-visa-for-senior-tourists-2093987
Thailand to issue 10-year visa for senior tourists
Quote:-
“We want to ensure their good quality of life and that they will not become a burden to our country,” Sansern said describing the unusual policy as aimed at drawing more tourists into the country and boosting the economy.


Government spokesperson Sansern Kamkamnerd said.

 
No the apartment is not rented out, it's inherited and I wont get full ownership for a couple more weeks yet.
 
The only part of the residency rules that might apply to me is:
 

1. your only home is in the UK for more than 90 days during the tax year and you occupy that home for at least 30 days
   

So even after living in the UK apt for more than 30 days  I don't meet that test since I have a home in Thailand that I also use (The Revenue defines "home" quite broadly" and doesn't have to mean a property I own, it just needs to be the same place of residence that is used repeatedly). None of the other ties apply since Mrs CM will always remain a visitor to the UK hence the family rule doesn't apply.
 
But "my" house in Thailand is in my (unmarried) Thai partners name, the only connection I have with it is the usufruct (which I can happily remove if needs be) so it doesn't form part of my estate and I can't see how it might generate a tax burden.
 
My assets in Thailand are willed to my Thai partner, my UK assets are also willed to her, the gifting of assets thus far (money to buy the house plus other) means I am under the IHT threshold.
 
NOTE TO ALL: many thanks for the queries/questions and challenges on this topic, it's been really helpful thinking them through to see where I stand.

It has nothing to do with affordability, I use an IPhone purely because I like the way it feels when holding it, I hate plastic phones so rejected many Androids after running through most of the high end offerings (though bought the gf an S7 Edge for Christmas because she liked it), & the Nokia / Blackberrys because the OS was dead.

My Sony IPod equivalent cost me much more than the IPod but got binned in favour of a Nano + Touch after upgrading to a new Sony device & finding I needed to rebuild my PC (ok, so I just hacked the registry) due to their DRM software thinking I was bootleging because there was already a version on there.

My last Windows laptop (Alienware) also cost more than my Macbook Pro & this is the one piece of Apple equipment I own that I will be binning as soon as I have an excuse to... Again, awesome bit of kit & the product "feels" amazing, but the keyboard is aimed at people who spend more time clicking than typing & I like to use shortcuts keys & not lift my fingers from the keyboard, so it's painful when I don't have the external keyboard connected... And if that's the case, it's not really a laptop.

Oh... & what is it with right clicking using the touch pad in Excel!!!

[before commenting I should be using OSX, I have to remote into my corporate VM so even using OSX/Safari, the VM is still Windows based & so is MS Office]

Regrettably  you have not been keeping up to date with changes to UK tax legislation regarding residence. The 183 day rule has gone and there are a series of tests which take into account other property ownership, ties to the UK regularity of visits etc - look on the HMRC website under Manuals for guidance on the new residence rules.

Also UK property is now subject to CGT on sales by non residents so you had better look at this as well

So everything has changed for the worse.

 

Agreed, things have changed quite a bit over the past few years...

You’re automatically resident if either:

you spent 183 or more days in the UK in the tax year

your only home was in the UK - you must have owned, rented or lived in it for at least 91 days in total - and you spent at least 30 days there in the tax year

You’re automatically non-resident if either:

you spent fewer than 16 days in the UK (or 46 days if you haven’t been classed as UK resident for the 3 previous tax years)

you work abroad full-time (averaging at least 35 hours a week) and spent fewer than 91 days in the UK, of which no more than 30 were spent working

Sounds like CM doesn't fall into either camp so should check his likely residence status at http://tools.hmrc.gov.uk/rift/screen/SRT+-+Combined/en-GB/summary?user=guest

My money is he'll find himself UK Tax resident (not a big deal if his income comes from the UK by way of pensions as these will be Taxed in the UK anyways)

Edit: if the above link doesn't work, you can find it at this link https://www.gov.uk/tax-foreign-income/residence

Well, for current O-A visas and retirement extensions work in Thailand is forbidden but working outside of Thailand is perfectly OK. I don't recall any wording with this new HALF BAKED thing about restricting paid work in Thailand. I guessed it would be forbidden just like current O-A and retirement extensions. Also there was some language that volunteer work is ALLOWED in Thailand with this new visa (whatever it's called) which is definitely different than for current O-A and retirement extensions. Perhaps that's another "perk" for some people. 

Who else would you ask?

 

Thai Embassy in Singapore. (dial 009 cheap) They are higher up the chain and would issue the AO long stay visas.

- someone posted a link to a November 7 (!) TV post in a different thread,  where someone said he was shown details of the new AO visa (shown in the Nov 7 post) in Singapore well before the announcement. (believe-it-or-not).

I'm a long term Employment pass holder in Singapore (highest level they have) & don't believe they would issue me a Non O (never mind a Non O-A) on the basis of being over 50 unless I move to be a PR.

Happy to be told I'm wrong & hope they'll allow me to apply for the new Non O-A based on my salary here

 
My mate has been there since 2014 just using METV's and doing visa run every 3 months .. he's never reported any issues

Check out the residency rules / status here http://tools.hmrc.gov.uk/rift/screen/SRT+-+Combined/en-GB/summary?user=guest

 

I think my long term future will be Vietnam. i have a friend there already and the VISA rules are much more easy for a British citizen to live constantly.. with visa runs.

 

OT but I thought the only option for UK citizens was to leave Vietnam every 90 days...

If you know something different, could you PM me any links etc...

Thx

JB

Anybody know where I can find the Disney classic " From All of Us to All of You "   (https://en.wikipedia.org/wiki/From_All_of_Us_to_All_of_You)?

 

No luck on TPB.

Have you tried www.alluc.ee ?

One is a fee - the other is your money. If you don't stay the 20 years, add to your monthly fee.

 

I would recommend anyone who is planning to stay 20 years think again. The landscape is rapidly changing and it's not a rosy as it once was. As many expats who have been here for a decade or more. I'm sure many wish they hadn't come here in the first place.

Agree, every country that's going through political change seems to be becoming more nationalistic / less foreigner friendly so trying to plan 20 years in any other country than one you have a solid legal right to live in has risks.

But it's stay at home or take those risks, part of the fun of being an expat

100k per year? If you're over 50 you're better off using that as your monthly income and have it rather than throw it away.  

 
It's 2 million for the 20 year Elite Card, and that's a fee, not a returnable investment.

Agree, if I was just setting off on the retirement path in Thailand, I'd opt for the 20 year, 1Million THB Thailand Elite card option, much less capital to tie up & less messing around as my income (Pension) doesn't kick in for another 10 years & there's no mention of being able to use income from property / dividends etc...

The new regs seem to imply that you can only spend 50% of the 3Million, I'm wondering if this 1.5Million is for "End of Term care" as it is with the SRRV in the Philippines.

https://whatsonsukhumvit.com/from-reactions-to-the-new-10-year-visa-to-why-some-thai-women-dont-like-thai-men/

Thaivisa in the news again!

Given that the only thing announced is a change to the requirements for the 1 year visa for retirement sourced in your home country (Non OA), I am surprised at how many comments there's been from people having lived in Thailand for donkeys years (only ones impacted will be the ones who use the 2 years from a Non OA, then go home, get a new one, rinse & repeat) & the number of guys saying they'll have to abandon their families (get a marriage visa).

People who will be impacted are the ones just setting out down the retirement path, but they can just go down the Non O route.

What are the three words men hate to hear during sex?
"Have you finished?"
 
 
What are the three words women hate to hear during sex?
"Honey, I'm home!"
 
 
What do you call a woman who is paralysed from the waist down?
Married.

Duh.
Most retired expat North Americans do choose Latin America.

Next.

For the guys who's Plan B is Cambodia, they don't have a retirement visa but do have a 1 year "Business" Visa that is supposed to be for the purposes of setting up a business.

People have lived there for many years on this without a problem, but how long do you think it would take Cambodia Immigration to start tightening up on this if there was a mass exodus of Expats from Thailand.

Might want to have a Plan C (I'm looking into getting a Philippine SRRV).

So lets get this straight.
 
1. Its a five year visa, not 10.
2. Cost of extension of stay goes up by THB 500,- (compared to 5 x 1900).
3  Required money in the bank almost four folds to 3 Mio..
4. Out patient health insurance is compulsory (makes no sense).
5. The 3 Mio Baht bank deposit can't be withdrawn for 1 year (??)
 
Whoever came up with these conditions, lives in a fantasy world. A step backwards.
Hope they will still do the old 1 year extensions.

1 hour ago, seancbk said:

 
 
Because they want old blokes with medical issues who are going to spend money in Thai hospitals.

The article clearly stated it is "Intended to promote Thailand as a hub for medical services"  

I don't think they even intend this to be for living here, but rather for people to visit regularly.   

The 'salary' requirement is I reckon the persons salary in their home country, not their salary in Thailand.  

It sounds like the requirements for an METV.    Proof you are employed in your home country, proof you have money in the bank (in your home country).

 

I'd love that to be the case but how would they monitor the fact that the 3Million has been left untouched? In Philippines (not sure about Malaysia) you put it into a Govt approved account that you can't touch unless leaving the country (I.e. giving up the Visa).
 

The Grand Tour - Clarkson, May & Hammond.
Fanbloodytastic!!!!

 
You got $800,000 spare?
 

The Shooter has all the potential to become a good series. The first episode was good and it will be interesting to see how it develops. 

 

Pure genius is a wait and see.

 

Top Gear replacement, Grand Tour is F'n boring. It lacks all the rude fun which made Top Gear a fun show to watch. It's sad to see the guys to have subdued to the American standard of fun. The lack of freedom of speech and though, makes this new show really boring. 

 

Completely agree... but how beautiful were the cars??? I watched it with the sound muted & ffwd to just the bit with the cars

The 918 is truly stunning (despite not being sexy black or red) & (almost) beautiful enough to make me want to move back to the uk just so I can enjoy one [emoji7]