K2938

So the 20 year visa price has increased from 1 MM THB to 5 MM THB and on top of this is now by invitation only. But do not worry: For the additional 4 MM THB you now also get a limited number of bonus points which you can cash in for a few "Buy-one-get-one movie tickets". Isn't this wonderful. I can immediately tell that the extra 4 MM THB (4 000 000 THB) is money well spent????????????

Full details: https://www.thailandelitevisas.com/thailand-privilege-introduced-new-elite-visa-packages/

where do you think ? Thailand tax code. Thank you, but unfortunately I did not find it there. Neither there, nor in any of the commentaries on the Thai tax code did I find any hint that as you say "as a Thailand tax resident you are required by law to remit any money earn outside the country into a Thai bank". So if you could kindly tell me where it precisely says this I would be most grateful.

Where does it say this, please?

Yes, that is what the contract says, but the reality is that the invoice will then say 30 days I think

In what regard would Malaysia be more tax friendly than Thailand? It is the reverse

Not sure what your contract specifically says as things changed over time, but the current protection clause is very narrow and so would most likely not cover you against a huge variety of imaginable adverse changes and really virtually anything could be structured such that it would not be covered by the protection clause which only applies: "In case there is any order, rule, regulation or law announced by any related government authority which has an impact on the business operation of the Company to the effect that the Company is unable to continue its business or perform its operation as usual, the Company shall be entitled to terminate the Membership for the Member by giving an advance written notice to the Member."

Gun deaths per 100k population: US: 15.6 Thailand: 3.1 https://wisevoter.com/country-rankings/gun-deaths-by-country/

In the EU for example it IS also approved for people over 60 years old based on extrapolated data

And how long does this take there, please?

What is the "new better vaccine from France" you are referring to, please? You do not mean Qdenga which is Japanese (Takeda)?

While approved in Thailand, it does not seem to be available yet in Thailand

So just to make sure there is no misunderstanding: You are saying it is NOT any longer true at least in some immigration offices that a Non-O based on retirement does NOT have a consideration period? And if so, that only applies to the initial visa or also to annual extensions?

According to various Fb posts in the Thai Elite groups, different people were told different things and sometimes even the same person was told different things by two different people. So confusion really seems to rein.

As there are a huge number of posts on this in the social media, it is virtually certain that the deadline is gone for sure. But this does not really help you so much because there is a lack of clarity on what terms you could upgrade. So to be on the safe side, you might still want to upgrade, though best to wait a couple of weeks to see what other news might come out

Good! Sounds like too many people complained that their rights were violated by the Aug. 15 deadline and so Thai Elite eventually decided not to pursue this any further.

Well, they could theoretically sue the applicant for breach of contract as the applicant needs to sign the agreement at the time of submission of documents, i.e. at point zero, way in advance of approval. And with this they would then also have an enforceable claim regarding the applicant's bank account, depending on the country involved maybe also even abroad

I in no way doubt that what you are saying is right, but since we are talking about big amounts of money is there somewhere where this is actually stated in writing?

Where does it say this?

Yes, I also encountered this problem, but surely there must be some way to contact them? Or is the only option to sue them in case of problems (which depending on the country might not lead to much)?

And how long is processing time? If all your documents are in order, you get the extension stamped in your passport immediately on the day of submission or is there some longer processing period for a Non-O retirement extension?

You have uncertainty everywhere. The Elite visa terms could also be changed following your purchase. From a reputational point of view it is unlikely that you will get totally screwed, but you have no legal protection and the recent changes to upgrade options for certain existing Elite visa holders shows that Thai Elite does not refrain from making adverse changes to the disadvantage of current Elite visa holders

The vast majority of the Russians and Chinese who have enough money to pay the current prices will also have enough money to pay any reasonably increased prices. These are not the poor. So price increases would not really solve this problem very much

Re 2 definitely no

So how fair is it that the Thai Elite Easy Access visa was sold us upgradable to a longer term over its exisiting life (20 years instead of 5) and now this upgrade possibility is suddenly only available to Aug. 15? And on top of this people are only informed about this approximately two weeks in advance? Is this fair?