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AussieBob18

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Posts posted by AussieBob18

  1. 1 hour ago, Yellowtail said:

    how is B800K in an interest bearing account a sunk cost?

    At the end of five years you still have your principle and about B70-80K in interest.

    When I looked at the Elite visa, I figured it only made sense to me if I wasn't working and traveling a lot.  There was no real benefit when I was working, and now that I'm retired I only travel to the US a couple times a year.

    I was comparing the 800K required under the limited Thai 'retirement visa' with the money required to be kept in the Malaysian MM2H visa.  Under Thai Elite the 500K is not refunded - it is the cost to 'buy' one - no refunds. 

     

    I did the same thing - we traveled back to Australia 1-2 times a year - it didnt add up - still doesnt.

     

    Maybe I should do a cost comparison against someone on a Thai Marriage Visa versus the Thai Elite 5yr 500K.

    On the list for 'projects to be completed' ????

  2. 6 hours ago, jackdd said:

    Why would a company pay for a visa which doesn't allow the person to work?

    The Thai Elite Visa is svery much designed for someone that does business or works in Thailand. Someone who is retired can also get it - in fact anyone can who is over 20.  In terms of someone that works or does business in Thailand, especially if they come and go a bit, it makes a lot of sense to get Thai Elite Visa.

     

    But I was comparing The Thai Eliote Visa to what other countries offer specifically only for over 50 retiree Expats looking to live in their country long term - and I used the Malaysian MM2H Visa as a comparison. MM2H stands for 'Make Malaysia Second Home'.

     

  3. 13 hours ago, Caldera said:

    If recognition is what you crave, as a foreigner, then Thailand simply isn't the right country - as far as the officialdom is concerned, I'm not talking about regular people's attitude towards foreigners.

     

    The prevailing attitude of the Thai officialdom towards foreigners is suspicion.

     

    Personally, I can live with that, because it's reciprocal - I view Thai officials with suspicion as well. ????

    Ditto.  I never talk to Thai 'authorities' without my Wife there to ensure things go as well as possible. 

    Otherwise it is - 'mai puud thai'

     

  4. On 4/25/2020 at 4:09 PM, Sujo said:

    Yes it does usually only happen in the US.

    You guys are so predictable - get eduated about it all.  Dont you remember the murders on that island in Europe - there is even a movie. There is more happening in the world than what you see/hear on social media and gets talked about a lot. The anti-gun lobby in USA saturate the media when it happens there - for their own purposed - but it happens in a lot of places. Remember Port Arthur in Australia? Look them up - beware of media PR by political activists.

    • Like 1
  5. 12 minutes ago, JimGant said:

    You no longer need to keep 800k in the bank (nor show 65k monthly remittance to Thailand). And, since I considered the 800k a sunk cost, i.e., I'll never see it again 'cause it'll have to sit in the bank, needed for annual extensions, until I croak -- well, paying 500k   and freeing-up 300k adds a new dimension to the consideration --- (Of course, 5 years down the road I'll need that 300k, plus another 200k, to renew the elite visa.....)

     

    Anyway, if you're not very concerned about where that 800k needed for retirement extension will end up when you sign out, the elite visa just might fit into your estate planning. In fact, denying my worthless Thai nephews and nieces of 500k sounds kind of satisfying (but, conversely, depriving a soi dog foundation of a possible windfall because of an elite visa, hmmmmm).

    I don't travel, so the perks about limos and airport escorts don't resonate. Plus, since I don't travel, I'll have to show up at Immigration once a year to get the one-year renewal stamp (if I traveled, I'd get that stamp upon re-entry into Thailand). And for many of us oldsters of sufficient means, not going  to Immigration at all during the year is worth quite a bit.

    So, elite visa, please re package your program to: Have the limo show up once a year at my front door to fetch my passport to deliver to Immigration for another one-year stamp. Then, return it to my front door. And, assuming online 90 day reporting doesn't work, send the limo back to my place quarterly. Thank you.

     

    Very good - great idea ????  And I wonder if they realise how poor it is compared to other long term Visa options on offer from competing countries?  I genuinely dont think they have a clue about how things have progressed in the Expat retiree market in SEAsia.  I know it was hard to deal with the previous costly program that was highlighted in the video linked to before, but did they not count the benefits too? I think they only counted how much it cost them (Immigration) and didnt count to net benefits to the country.  That is how the other countries treat it - if they can get those with money to come and live there - they will get a net benefit overall.

     

    Does anyone know why the original lifetime SE Visa was cancelled and re-badged as PE?   Anyone know how many benefits the SE Visa offered that made it close to insolvent?

     

      

     

    • Like 1
  6. 19 minutes ago, ubonjoe said:

    No need to apply for an extension unless you stay for a year without leaving for a new one year entry. No fees for anything other than 1900 baht for an extension if needed.

     

    You need to do 90 day report if you stay longer than 90 consecutive day. Depend upon where you are staying Thai Elite will do your reports for you. You also can do them online or by mail.

    The other report is a TM30 report by the owner of where you are stay or by you as the tennent. How often they are needed depends upon the office the report is done to. Those can also be done online.

    Thanks for confirming Joe.

  7. 41 minutes ago, wasabi said:

    like in the video I ended up getting the 20 year Elite Visa option because I do expect to be in Thailand that long and it was the only one that made any financial sense to me. However I definitely wish there were lower cost options than the Elite for someone who doesn't want or can't get the other visa types.

    A few of the differences I picked up between Retirement and Thai Elite is 1) No need for insurance. 2) Once you've paid no need to fill out more paperwork other than extensions if you don't leave the country at least once a year. 3) Don't have to be 50 years old.

    You're right no comparison to the marriage visa other than providing details what it is. I do wonder though why would someone eligible for a marriage visa get an Elite visa?

    Looks to me like it is worth it to you and obviously you can afford it - especially if here working and the company pays for it ????.  Yep - the marriage option is definitely looking like the best option at this point when we return.

  8. 37 minutes ago, wasabi said:

    Recent Youtube video on this topic. Most points we already know but some insights at the end about the cost. Also Thai visa gets a brief shout out LOL.

     

     

    I liked the background to the Thai Elite Visa he provided. But he did not provide any real details of the benefits - just read the PR brochures and explained what they meant.  But he did point out a few of the 'gotchas' and a few I didnt know about or mention.  What financial analysis he did was limited to comparing the 5 year to 20 year offer. There was no comparison I heard between Thai Elite and doing the normal annual renewal of Retirement or Marriage 12 mth Visas. And he didnt do any comparison against other country's similar options.  I have no doubt that Thai Elite is over-priced and not a worthwhile option - 500K Baht for 5 years, to not pay an agent (or do it yourself), is just not worth it IMO. Especially when there are nil benefits, other than that they just become your premium 'Visa agent'.

    • Like 1
  9. 2 hours ago, NCC1701A said:

    excellent post. 

    i would rather put my money in a Thai bank. 

    i spend three hours a year renewing my retirement extension of stay. 

    15 minutes four days a year for 90 day reporting.  

    of course if you are not 50 then maybe the elite visa is a good idea. 

    one thing i will say is the elite visa re-enforces my view that Thais are very status conscious at immigration. Something to think about while all the nicely dressed people's numbers are magically called before yours. 

     

    Cheers mate - appreciated.  

    Speaking of 'magic', one day I was in the queue and waiting with wife (long time in CM), when I finally got to the desks - there were two IOs doing the work. When I had started this obvious 'elite' walked in and said a few things and then was taken and sat next to me. He handed about 5K Baht to one of the IOs who took it and placed in in the 'other' drawer. Then he realsied I saw it and looked at me. I just smiled and nodded - all good.  He stamped my paperwork immediately and away I went - no payment - like magic  ????

     

  10. 33 minutes ago, Caldera said:

    I think Malaysia's program is great, but the simple truth is, most members of the target group prefer to spend their time in Thailand, even if that means having to deal with Thai immigration and their silly little annoyances. Ultimately, the reporting and yearly extension amounts to nothing more than that, annoyances.

    I do agree and understand what you say - but for the money they make you keep in a bank account and all the other costs - surel;y 90 day reporting etc should be exempt, and maybe some recognition, or benefits??

  11. 1 hour ago, ubonjoe said:

    A Thai Elite PE visa is not a non immigrant visa. I has it own special category.

    A Thai Elite PE visa is valid for 5 years and allows unlimited one year entries from the date of issue.

    Thanks Joe - you will of course be correct.

    My points till stand about lack of any benefits for 500K - but are you saying no need for annual renewal application or payments.  Am I wrong about 90 days and the other reporting?

  12. 2 hours ago, jackdd said:

    Your understanding of the Thai Elite visa is wrong. When it was enacted it did involve the Cabinet, the Prime Minister and the Minister of Interior. So if they wanted they could have done everything that you said. It's not that they didn't have the power to do it, but they simply didn't want to do it. The main purpose of the Thai Elite visa is to generate revenue for the state.

    Source (in Thai): http://web.krisdika.go.th/data/comment/comment1/2554/c1_0123_2554.htm

    I am sorry - I assumed they didnt do it because it was nothing more than a revamp of the existing Visas. How silly of me to think otherwise - unbelievable.  Thanks for the clarification. Obviously my suggestion will be a waste of time.

  13. 9 minutes ago, pixelaoffy said:

    The thing 'elite' about it is you have to be rather elite to get it! Having said that you seem to think Malaysia is an alternative then list the financial hoops which are pretty bad .. and it's not the sort of country for most Western expats 

    I agree - Malaysia not so great for the ordinary expat. But there are a lot of expats living there in very large 'gated communities' and they only leave to play golf and shopping etc,. and to do what they need to do.  

    The Elite wants 500K for solving the 'problems' - but no benefits - and still things like 800K in bank, 90 day reports, annual extensions,  etc etc etc.

     

    • Like 2
    • Confused 1
  14. NEW EVIDENCE SUPPORTING CREDIBILITY OF TARA READE’S ALLEGATION AGAINST JOE BIDEN EMERGES

     

    https://theintercept.com/2020/04/24/new-evidence-tara-reade-joe-biden/

     

    A NEW PIECE of evidence has emerged buttressing the credibility of Tara Reade’s claim that she told her mother about allegations of sexual harassment and assault related to her former boss, then-Sen. Joe Biden. Biden, through a spokesperson, has denied the allegations. Reade has claimed to various media outlets, including The Intercept, that she told her mother, a close friend, and her brother about both the harassment and, to varying degrees of detail, the assault at the time. 

     

     

    • Like 1
  15. https://nymag.com/intelligencer/2020/04/new-evidence-in-tara-reades-allegations-against-biden.html

    New Evidence Suggests Tara Reade’s Mother Knew of Allegations in 1993

    Tara Reade’s mother may have called in to the Larry King Show to discuss problems her daughter had experienced while working for “a prominent senator,” the Intercept reported on Friday. Reade has accused former Vice-President Joe Biden, the Democratic Party’s presumptive presidential nominee, of sexually assaulting her when she worked for his Senate office. The Intercept report, which includes a partial transcript of the call in question, provides new corroborative evidence for Reade’s story.

     

  16. 13 minutes ago, rumak said:

    WHERE  are the moderators when you need them ?   I have always suspected that I am on

    the "special list ".   When I send a post the bells ring and they are awakened immediately   555

    But,  this is not about me ????      This bloody thread has turned into some kind of vendetta

    against Yinn .   I mean, one or two comments, ok,  but it really has gone beyond that and the

    main protagonists have really shown a level of immaturity that even makes me blush.

    I know perfectly well, since there was a time i had a major disagreement with her......  sometimes she

    is not an easy person to have a dialogue with.   But,  she is 27 ,  and basically standing up to some attacks which she feels are thai bashing.  Sometimes i agree, sometimes not.

    But the "adults" ,  3 or 4 of them here,  that are having a kick at trashing her are .... if i can borrow her thoughts...... just being stupid .   Grow up boys,  and move on to other subjects.

    Well said Rumak - they are like a group of old women have a whinge about someone who is not there.

    • Like 1
    • Haha 1
  17. Mate - great post - well said - and sorry about your wife passing too early - very sad thing (happened to a friend).

     

    But in way of some 'solution' to your problem (the haters/nutters), I believe the only answer is to block the haters/nutters. That way you dont ever have to see/read anything they ever say.

     

    What I find is that when there posts about people needing advice or help, you rarely if ever find the haters/nutters responding. But if you read a post about something silly done in Thailand ,or a Politician they do not like, they are very 'active' - some all day every day. Now that is not to say people dont complain or criticise, we all do at times, but there are those that are absolutely over the top and never stop - they are the ones to block.  Dont block people because they dont agree with you, or dont agree with something you do, that is what the forum is for - to exchange thoughts and opinions. 

     

    Go to a post where you know there will be haters/nutters, and add them to your ignore list - problem fixed. And when you are looking through a post where someone is asking for advice or help, and someone you blocked has posted, then read their post. Then you either confirm them as blocked if it is more hate/nutty, or if it is good you can say they must have had a bad day before, so unblock them.  Well worth the effort. 

  18. 33 minutes ago, Logosone said:

    This is more than likely, actually, because with the massive debt that has been taken on and the massive steps that will now need to be taken to save financially impaired hospitals and to prepare us for the next pandemic it is clear that some social benefits will have to be cut.

    The dole and pension system are the clear losers here.

    I actually agree about cheap mass tourism, if only the wealthy can fly around the world again it will be a jolly good thing. Nobody needs Kuta style excesses.

    I particularly like your point about cheap mass tourism. It is very clear that this is the method by which virus infects people all over the world - including this Covid19 virus. And when one accepts that fact, the next step is to consider how many people get ill and die every year, because of the transmission of infectious diseases (including TB) through people travelling to other countries.  IMO it is well over a million every single year - probably over 2 million.  And yet what precautions are taken to stop people who have an infectious disease from going into another country, or returning home with one - like so many did to the USA after the Chinese New Year celebrations in Feb 2020. 

     

    Consider how much effort and work is being done to stop people taking items on board flights and into other countries that are far less dangerous than TB, Ebola, or Covid/Sars/Mers/Flus.  IMO all international travelers, including those returning, should have to prove they are free of any infectious disease. Going overseas and infectious - stopped. Returning from overseas and infectious - quarantine.

     

    Visiting USA or Europe from China - prove you have nothing  infectious. Go to Africa and then return - prove you dont have Ebola etc. We stop people flying who are carrying dangerous items, because of what we have seen happen in the past.  OK then, stop people flying who are themselves dangerous.  Sure it is going to mean it costs a lot more than now, but clearly cheap mass international tourism has caused massive people's deaths - much more than any bomber or terrorist.

     

    I cannot take a dog from Thailand to Australia easily - mandatory quarantine and testing.  And yet a person carrying something far more serious inside them, can walk straight through customs and spread disease. All customs facilities should include mandatory infectious disease testing.  Not easy I know, but once this is put in place worldwide, the tests will get better and quicker.  

    • Thanks 1
  19. Mercedes are a great car - except for the front wheel drive B series.

    I have owned several of them in the last 15 years (including a B200) and they are best mass production cars.

    But in Thailand they are massively over priced. A similar Merc in Australia is AUD$13K - AUD$15K.

    At today's exchange raten (20) that is about 260K Baht to 300K Baht.

    Even at high exhange rate in last decade (30)  that is about 390K Baht to 450K Baht.

    I have a 2008 CLK Merc that was $120+K when new and I bought it for $12K - best car ever owned/driven.

    Great cars - plenty of service/parts in Thailand (it is the to go to car for wealthy) - heaps of them.

    But the price concerns me, in terms of what I would pay for the same car in Australia.

    And that is because if you buy one and it has problems - they can be very expensive to get fixed. 

    If it is in good condition (know a mechanic) then it is still a bargain compared to same priced alternatives (Honda/Toyota).

    Whatever you do dont buy a 'boutique' car - one that there is not many of them (Volvo) unless new - parts/service problems.

    Get a mechanic to check it out - if Ok then offer 500K? see what happens? 

    Not many buyers in the luxury market right now - but we all know Thais have 'face issues'.

     

    • Like 2
  20. There has been a lot of rubbish written here and in the media claiming that Trump didnt act quick enough, and Trump made things worse, bla bla bla.  Here are some examples of where that is completrely and utterly wrong.  Sure he and his Admin were not perfect, byt statements that Trump has caused the deaths of thousands is utter rubbish.

     

    The following is a timeline on the international travel bans - in response to claims about Trump.  The same can be said about the vast majority of other attacks against Trump. Yes Trump and his Admin have made mistakes, but they way some pundits are saying it, it is all Trump's fault - and that is patently false.

     

    29th February 2020

    "WHO continues to advise against the application of travel or trade restrictions to countries experiencing COVID-19 outbreaks."

    https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200218-sitrep-29-covid-19.pdf?sfvrsn=6262de9e_2

     

    8th March 2020

    "WHO is urging all countries to prepare for the potential arrival of COVID-19 by readying emergency response systems;  increasing capacity to detect and care for patients; ensuring hospitals have the space, supplies and necessary personnel; and developing life-saving medical interventions."

    https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200308-sitrep-48-covid-19.pdf?sfvrsn=16f7ccef_4

     

    9th March 2020

    "Now that the virus has a foothold in so many countries, the threat of a pandemic has become very real.  But it would be the first pandemic in history that could be controlled.  The bottom line is: we are not at the mercy of this virus."

    https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200309-sitrep-49-covid-19.pdf?sfvrsn=70dabe61_4

     

    10th March 2020

    "WHO reiterates that measures that restrict the movement of people during this outbreak should be proportionate to
    the public health risk, short in duration and reviewed regularly as more information about the virus, the disease
    epidemiology and clinical characteristics becomes available. See WHO recommendations on international traffic, published on 29 February 20204"

    https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200310-sitrep-50-covid-19.pdf?sfvrsn=55e904fb_2

     

    11th March 2020

    "WHO Director-General in his regular media briefing today stated that WHO has been assessing this outbreak around the clock and we are deeply concerned both by the alarming levels of spread and severity, and by the alarming levels of inaction. WHO therefore have made the assessment that COVID-19 can be characterized as a pandemic"

    https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200311-sitrep-51-covid-19.pdf?sfvrsn=1ba62e57_10

     

    WHO has still not revised its international travel recommendations as of 29th February and still recommends against the application of travel or trade restrictions.

     

    Meanwhile a brief outline of the Trump Admin's responses:

    The White House Coronavirus Task Force "coordinates and oversees the Administration's efforts to monitor, prevent, contain, and mitigate the spread" of coronavirus disease 2019 (COVID-19). The task force was established on January 29, 2020. 

    On January 31, the Trump administration declared a public health emergency, and placed travel restrictions on entry for travellers from China. 

    n February 26, 2020, U.S. Vice President Mike Pence was named to chair the task force, and Deborah Birx was named the response coordinator. 

    On March 10, 2020, U.S. Senate Republicans who had attended a briefing with President Donald Trump had encouraged him to hold more briefings and to make Anthony Fauci the "face of the federal government's response".

    On March 13: Trump declares a national emergency - the first in over 50 years. https://en.wikipedia.org/wiki/White_House_Coronavirus_Task_Force

     

    This link details a timeline of how COVID-19 has unfolded in the US:

    https://www.usatoday.com/in-depth/news/nation/2020/04/21/coronavirus-updates-how-covid-19-unfolded-u-s-timeline/2990956001/

  21. 11 hours ago, rvaviator said:

    So if my limited understanding is correct ..

     

    A) The Dem blame Mr T for acting poorly / badly ... and are somewhat neutral vs China and 'blame' .. sort of ... Lets not argue about who did not shut the gate .. the horse is gone .. lets get it back ...

     

    B) The Rep blame China for everything and thinks Mr T is doing a great job

     

    Is that it in a nut shell ?

    Your limited understanding is correct.

    Not that what you wrote is correct, but that your limited understanding means that you think that the Dems are good and that the GOP/Trump is bad.  All things you believe, follow on from those core understandings of any situation.  It is called cognitive dissonance and it affects to different degrees all people.  I sincerely hope you do not have it so bad that any rational thought is not possible, when it comes to GOP or Trump or Dems, like many others I could name. 

     

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