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SCOTT FITZGERSLD
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Posts posted by SCOTT FITZGERSLD
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On 3/23/2017 at 4:47 PM, wayned said:
First of all there is no such thing as a retirement visa. If you follow thew O-A process it can only be done in your home country and will require a police check and medical certificate.
But you can convert your tourist visa to a Non-immigrant "O" visa in Thailand. This is the first step to applying for a 1 year extension of stay based on retirement.
You don't say where you are but only a few offices will do the conversion and you might have to make two trips to Bangkok to do it. I think the cost of the conversion to non "O" is 2000 baht and the extension is 1900 baht.
When you do the conversion you will have to have the 800000 baht in a Thai bank in your name only, but it doesn't have to be seasoned. You will get 90 days permission to stay and during the last 30-45 days of that permission to stay you apply for the 1 year retirement extension, The 800000 baht will have to be in your account for 2 months at that time (3 months for follow-on extensions). You do not have to leave the country to do this and after you get the extension you will only have to report your address every 90 days, not leave the country.
can the conversion from tourist (waiver) visa to a Non-immigrant "O" visa can be done in bangkok immigration office? and if not, do you know in which other offices it can be done?
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On 5/23/2018 at 4:33 PM, JAZZDOG said:
Actually not and the Xrate for baht is a good example. Here is a passive deal that's part currency part CD. Brazil Xrate is 3.70 and CDB currently paying only 7%, it has averaged over 12% over the last ten years. I have been fortunate enough to invest in two peaks and made over 20% each time on top of the 12% CDB income over that period. Both required a 2-3 year holding period. I believe that an investment in the Real today would turnover quickly, say less than a year. The Selic rate is at historic lows and should improve as the economy grows. Between the two there is substantial upside/limited downside. I live there half the year which is another benefit. US$ 100K investment today 370K reis in a year at 8% CDB would be over 400K transferred out at 3:1 would be US$ 133K, after tax 30% return between the increased valuation and interest. In this case that 800K sitting in the Thai bank devaluating would have earned 21K baht per month! Brazil RE has been asleep for about 6 years and is waking up, another good opportunity. Lots of folks here will disagree but they likely haven't been there.
AND what if you invested in BRL 7 years ago, when it was 2 real per USD? than you would loose half your investment within less than a year, when the BRL moves from 2 real to 3.9 real per dollar. you see, that's not a business, it's currency speculation. and if you don't believe that the real can reach 5 to USD -just wait and see !!
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On 5/23/2018 at 1:53 AM, nickcar said:
Not very common. Going rate is 10% to 20% per month.
that's not funny. feel sorry for so many thai who live at hard poverty and still have to suffer the brutal treatment of such monsters, with "connections" indeed...
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11 hours ago, JAZZDOG said:
varied investments in RE, currency, CDB, passive business investments.
well that's business, not savings account...my fear is only devaluation of the thai baht, which is aT historic heights
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11 hours ago, JAZZDOG said:
One thing I might add, Parking 800k in a non interest account comes at a considerable price. In my case about 10K per month so I opted to get a letter from the embassy.
how can you lose 10K a month interest on 800K? that;s like 12% annual return...
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11 hours ago, edwardandtubs said:
Why didn't she start screaming in the airport if she was being abducted? Why just meekly walk with them into the van?
It's terrifying that immigration officers are involved in abducting someone but there's a lot more to this story.
propably she knew why she was kidnapped - her husband owned money , maybe to a business in thailand, and she was told to keep quiet. it is a well known secret that there are corrupt officials and policeman who help extort / collect debts , but that's of course is a crime, even if the debt is legal.
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11 hours ago, elviajero said:
You don’t need 800K in a Thai bank for a Non ‘O-A’ visa. The money can stay in a bank in your home country.
but in his home country they will not give him the NON O-A visa if he is not employed...that is why he can't apply for a retirement visa in thailand...cause he does not want to keep 800K in thai bank...kapish ?
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11 hours ago, TerryLH said:
No. You apply for a conversion to a Non Imm entry, not an extension.
The money needs to be in the bank the day you apply. When you do an extension after the 90 days, the money will have been seasoned.
so i understand that the 800K does not need to be there two months, for the non -o visa...only for the Retirement visa it needs to be two months...
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11 hours ago, JAZZDOG said:
I have visas in several countries and for me I hate waiting hours in crowds when I can drop off paperwork and come back the next day and pickup my visa. Just renewed, paid my girl 5K and it took ten minutes. For some it seems crazy, for me standing in line all day stressing when you don't have to is crazy.
I believe the funds must season before you apply for the RV two weeks before Non-O expires. Google up the official Pattaya IO site. If your still confused my GF would be happy to do it for 15K, haha.
acctually 5K sounds good, but not 15K. so i understand that the 800K does not need to be there two months, for the non -o visa...only for the Retirement visa it needs to be two months...
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On 10/15/2017 at 11:40 PM, worgeordie said:
"Thousand of tourists complaining but Thais doing a great job," say Thai Rath
That headline does not make sense,if they had been doing a good job ,they would
not get so many complaints,the seem to be putting the blame on Chinese tour operators,
regards Worgeordie
the headline should be " thousands of chinese tourists"...than it would all be clear...and if it would be "chinese zero dollar tourists" , it would be even more clear. cause their complains are worth exactly what they paid for their trips to thailand - zero dollar !!!
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19 hours ago, wgdanson said:
How can 5 people take her through Immigration? Wouldn't the IOs get a bit suspicious....unless they were in on it. And why does the initial post say at A BANGKOK INTERNATIONAL AIRPORT. Why not just say Swampy.
the IO's were not suspicious cause the IO's were part of it. if not for the IO all this could not happan. and yet what did the IO get? Just removal to another post...
http://www.nationmultimedia.com/detail/breakingnews/30346073
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so let's see if i got it right: i am in thailand on 30 day visa waiver. i deposit in my thai bank account 800K baht. 15 days before my 30 day visa waiver is finished, i go to immigration office to apply for Non - O 90 days extention. but won't they require me to see the 800K in the thai bank for two months BEOFRE the non-O extention?
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11 hours ago, JAZZDOG said:
Go to immigration and tell them what you want. I believe the non-O is 90 days, cant remember. I hired an expeditor for 15K to do it all. The 800K for two months before you get the RV. Another option is an affidavit from your embassy that you make 800K in retirement income. It is not that big a deal.
if it's not that big a deal, why did you hire an expeditor for 15K to do it for you? to me it sounds simple but everytime i ask about it i keep on getting different answers...? that is why it is confusing....
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On 5/22/2018 at 11:34 AM, elviajero said:
Legal and no reason why not.
legal but not sure, they can refuse his entry at any point with no clear explanation besides : you in out thailand too much
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On 5/22/2018 at 11:34 AM, elviajero said:
If you’re over 50 you can get a multiple entry non ‘O-A visa. That will allow you to come and go as often as you want for 1 year, every time you enter you are granted a 1 year stay. You only need to prove an income equivalent to 65K pm, or have the equivalent of 800K in your non Thai bank, or a combination of the two.
but he said he wants to do it without having to keep 800K in a thai bank account. and that can be understood (affraid of devaluation / corruption).
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so how can i apply for the non - o immigrant extentsion while in thailand, if the 800,000 baht bank balance must be there for two months ? do they require the 800,000 baht to be there for two months even for the two months non-O extentions?
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can i apply for a retirement visa while i am already in the country from a "30 day visa waiver"? and how? how long the 800Kshould show in my account?,
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is it possible to cancell permanantly my thai visa account, and if yes, how?
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2 hours ago, elviajero said:
- You apply for the non-immigrant visa (2,000 baht). Proof of income/cash in the bank is required.
- About two weeks later you go back to immigration and they stamp the non-immigrant visa in your passport and give you a new permit to stay for 90 days.
- During the last 30 (maybe 45) days of the new 90 day stay you can apply for the 1 year extension of stay (1,900 baht). You have to prove income/cash in the bank again.
I THINK you got it wrong with the price for the 1 year extention...it cost more than 8000 baht. but never mind, as long as we can stay in thailand and not go back to our dry ass countries to get the NON-IMO visa !!!
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2 hours ago, elviajero said:
- 100% sure. They rarely change the regulations and haven't recently.
- You can get a non-immigrant 'O' visa from embassies/consulates local to Thailand, and maybe from your home country.
- If you are already in the country from a "30 day visa waiver", you can apply for the non-immigrant visa at some immigration offices. You need at leats 15 days (maybe 21) left of your permit to stay, and 800K in the bank or 65K income certified by your embassy or a combination of the two.
AAAALLL RIGHT, so i can change the 30 day waiver here in thailand to the NON-IMO visa...this is what i and the lawyer and the immigration officer meant...does not mattar how you call it, as long as you don't have to leave the LOS
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ARE you aure about it? maybe they changed the regulation, as they do often?
and than , this NON-IMO visa, i can get only in my country , rigth?
not in a thai embassy nearby...
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an immigration officer told me that i can get the retirement visa extention without applying for NON-IMO visa first,
means just get extention for the 30 day visa waiver...as long as all the other conditions apply. that's also
what one lawyer told me. is that true?
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2 hours ago, Bazle said:
Thanks for the comment but, and perhaps I should have made this clearer in my OP, the passport isn't expiring in the short term: I'm simply running out of space in it.
i understood, and i advice to use the old passport. if you dont plan many trips out of thailand than you won't need many pages, so you can save hastle and money - and save a tree...
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he mentioned that his problem is not time but pages. his passport might be valid for another 5 years but he ran out of pages. i think he better use the old passport.
retirement visa
in Thai Visas, Residency, and Work Permits
Posted
BRAZIL FOR SURE HAS ITS ISSUES...haha now that is an understatement...brazil has the highest murder rate in the world...60000 murders a year !! its like vietnam war (on the US side) year in year out...what i;m saying is that countries like brazil are unpredictable...the BRL can be 5 in one year just as much as it can be 3...and no expert can tell when and how !!! and you can't take that to the bank !!