DrTuner Posted May 3, 2019 Share Posted May 3, 2019 Here's another win for Vietnam, looks like: Quote Q: How can foreign investors establish a 100% foreign LLC? A: According to the law of Vietnam, foreign investors can establish a 100% foreign owned LLC, but not in all business sectors. They can own up to 100% capital of an enterprise, except for these cases: If in Vietnam’s WTO Commitment, it states a maximum proportion of capital that foreign investors can own; Specific cases regulated in the Law on Securities and relevant regulations. https://vietanlaw.com/establishment-of-a-100-foreign-owned-llc.html And if I read right, that would open the door for the 2y temp residency. Link to comment Share on other sites More sharing options...
sanemax Posted May 3, 2019 Share Posted May 3, 2019 15 minutes ago, Destiny1990 said: U say u live in Chiang Mai. I begin to wonder are there in Chiang Mai no motorbikes at all? Never a road accident? Crossing roads in Chiang Mai can do with eyes closed? Any traffic at all in Chiang Mai? There is traffic in CM and the roads can also be dangerous and there are accidents and you cannot cross roads with your eyes closed , but , its much easier to cross roads in CM then it is in Danang . Then you get the constant beeping , which becomes annoying and stressful after a while Link to comment Share on other sites More sharing options...
KittenKong Posted May 3, 2019 Share Posted May 3, 2019 1 hour ago, KhunHeineken said: Can you tell me which Thai bank is giving you 2.5%? CIMB Link to comment Share on other sites More sharing options...
Popular Post KhunHeineken Posted May 3, 2019 Popular Post Share Posted May 3, 2019 (edited) 6 minutes ago, DrTuner said: A siesta? Do they sell beer there all day or do they have same sort of idiotic rules as Thailand? I'll say it again, forget about all of Thailand's crap that you have become accustom to, it doesn't exist in Vietnam. You can buy alcohol anytime there, with no elections crap, and Buddha Day observance, and school hours crap. Edited May 3, 2019 by KhunHeineken 5 1 Link to comment Share on other sites More sharing options...
DrTuner Posted May 3, 2019 Share Posted May 3, 2019 3 minutes ago, KhunHeineken said: I am not sure what surety you are after. US Green card type thing, valid from here until I croak, preferably with the ability to work without additional permits. https://www.immihelp.com/greencard/retain-greencard.html Link to comment Share on other sites More sharing options...
KittenKong Posted May 3, 2019 Share Posted May 3, 2019 1 hour ago, KhunHeineken said: Ok, why didn't you say that earlier. I did, several times. Link to comment Share on other sites More sharing options...
KittenKong Posted May 3, 2019 Share Posted May 3, 2019 49 minutes ago, Destiny1990 said: If u really serious to give it a try in Vietnam than u might want to start with first selling ur Pattaya condo. This might take u longer than expected good luck! I dont need to sell my condo in order to go elsewhere. In fact even if I was living in Vietnam I would probably retain my Thai condo and my Thai retirement extension for the advantages they give me. 1 Link to comment Share on other sites More sharing options...
KittenKong Posted May 3, 2019 Share Posted May 3, 2019 31 minutes ago, Destiny1990 said: U make ur visa extensions sound so simple in Thailand while for a fact they have been made into a dreadful annoying and complicated and pricey process for most of us one way or the other. Not for me. The process is exactly as I described. I dont really see how it could be much easier. 1 1 Link to comment Share on other sites More sharing options...
BritManToo Posted May 3, 2019 Share Posted May 3, 2019 3 minutes ago, KittenKong said: I dont really see how it could be much easier. Walk into a local shop, hand them your passport and VISA fee. Sounds easier to me. 1 1 Link to comment Share on other sites More sharing options...
Popular Post KhunHeineken Posted May 3, 2019 Popular Post Share Posted May 3, 2019 7 minutes ago, DrTuner said: Here's another win for Vietnam, looks like: https://vietanlaw.com/establishment-of-a-100-foreign-owned-llc.html And if I read right, that would open the door for the 2y temp residency. A friend of mine has a small business in Vietnam and set up a company structure. He has a Temprorary Residence Card, but it's a legitimate business, and not a bar, and not set up primarily for a Temporaray Residence Card. Prior to setting up his company structure, he was fine living and working there on a business visa. I suppose if someone started a bar, they could do the same, but most expats just get a business visa, as it's even less paperwork, and cost. 3 Link to comment Share on other sites More sharing options...
BritManToo Posted May 3, 2019 Share Posted May 3, 2019 (edited) 12 minutes ago, KittenKong said: CIMB Didn't immigration say CIMB was not acceptable under the new rules? (Not a Thai bank) Edited May 3, 2019 by BritManToo Link to comment Share on other sites More sharing options...
KittenKong Posted May 3, 2019 Share Posted May 3, 2019 1 minute ago, BritManToo said: Didn't immigration say CIMB was not acceptable under the new rules? First I've heard of it. Link to comment Share on other sites More sharing options...
KhunHeineken Posted May 3, 2019 Share Posted May 3, 2019 11 minutes ago, KittenKong said: I did, several times. What, that you have mobility issues, or that you are lazy? ???? Link to comment Share on other sites More sharing options...
marcusarelus Posted May 3, 2019 Share Posted May 3, 2019 1 hour ago, KhunHeineken said: I'm new to this theory of "residence security." Can you explain what you mean by it? Either country can revoke, suspend, or change the requirements of their visas, at any time. For me, Vietnam being Communist, means it's quite a stable country. Put it this way, I can't see a Military Coup happening in Vietnam anytime soon. Thailand, on the other hand..............???? In the thirty or whatever military coups in Thailand how many people have been killed compared to the millions who died in Vietnam? 2 Link to comment Share on other sites More sharing options...
KittenKong Posted May 3, 2019 Share Posted May 3, 2019 3 minutes ago, BritManToo said: Walk into a local shop, hand them your passport and VISA fee. Sounds easier to me. But much more expensive. I'd rather save the money even if it does take me an hour to do every year. 1 Link to comment Share on other sites More sharing options...
Popular Post KhunHeineken Posted May 3, 2019 Popular Post Share Posted May 3, 2019 4 minutes ago, BritManToo said: Walk into a local shop, hand them your passport and VISA fee. Sounds easier to me. Yep. Like I said, just like you top up your phone with credit, you top up your passport with visa time. ???? 4 1 1 Link to comment Share on other sites More sharing options...
marcusarelus Posted May 3, 2019 Share Posted May 3, 2019 14 minutes ago, KhunHeineken said: I'll say it again, forget about all of Thailand's crap that you have become accustom to, it doesn't exist in Vietnam. You can buy alcohol anytime there, with no elections crap, and Buddha Day observance, and school hours crap. I don't die from lack of alcohol but I do die from lack of adequate health care and that why Vietnam is not in the same ballpark as Thailand. 1 2 1 Link to comment Share on other sites More sharing options...
Destiny1990 Posted May 3, 2019 Author Share Posted May 3, 2019 12 minutes ago, sanemax said: There is traffic in CM and the roads can also be dangerous and there are accidents and you cannot cross roads with your eyes closed , but , its much easier to cross roads in CM then it is in Danang . Then you get the constant beeping , which becomes annoying and stressful after a while Since ur last 30 plus posts in this thread all are always and only about motorcycles i wonder do u have any other issue to contribute about Da-Nang in comparison with Thailand? Something juicy? Link to comment Share on other sites More sharing options...
Popular Post sanemax Posted May 3, 2019 Popular Post Share Posted May 3, 2019 15 minutes ago, Destiny1990 said: Since ur last 30 plus posts in this thread all are always and only about motorcycles i wonder do u have any other issue to contribute about Da-Nang in comparison with Thailand? Something juicy? They do have some well stocked markets in Danang , where you can buy some juicy oranges and the mangos are quite large and juicy , but they tend to be a bit sticky and so leave your fingers to be rather sticky , so its better to take the fruit back to your room and eat it there , so that you can get cleansed up afterwards 3 Link to comment Share on other sites More sharing options...
Jingthing Posted May 3, 2019 Share Posted May 3, 2019 3 hours ago, KhunHeineken said: I'm new to this theory of "residence security." Can you explain what you mean by it? Either country can revoke, suspend, or change the requirements of their visas, at any time. For me, Vietnam being Communist, means it's quite a stable country. Put it this way, I can't see a Military Coup happening in Vietnam anytime soon. Thailand, on the other hand..............???? A number of nations offer expats a reasonably easy path to permanent residence and/or citizenship status which means the end to any visa concerns at all. My interest specifically is retirement and some nations offer permanent residence based on retirement even upon the very FIRST application. Asean doesn't have any of those. 1 Link to comment Share on other sites More sharing options...
Jingthing Posted May 3, 2019 Share Posted May 3, 2019 3 hours ago, KittenKong said: Nowhere does. You want residence security? Then go home. Everywhere else you are just a tolerated guest (with the possible exception of EU nationals, who do have residence security in other EU countries). You are 100 percent incorrect Link to comment Share on other sites More sharing options...
Popular Post KhunHeineken Posted May 3, 2019 Popular Post Share Posted May 3, 2019 (edited) 20 minutes ago, Jingthing said: Neither of those is true. Obviously the thread is OPEN but the concept of "winning" on an expat destination choice is absurd. These are personal decisions based on personal factors. I agree, so why should the thread be closed? Some people have asked me questions about Vietnam, Danang, and Vietnam visas. I have answered truthfully, and to the best of my knowledge. I have no problem with some friendly debate about the topic. When I was not sure, I said, "Don't quote me on it." There is no winner or loser, if people are happy with where they are. I don't know why some people have a problem with those that are considering moving away from Thailand, or checking out other options. The old Plan B as it's known. Why do some even care? There's no need to make the posts personal. Everyone is entitled to their opinion, but why attack people for inquiring about alternatives to Thailand? It's my understanding that Thailand is fast becoming not an option for a lot of people, who whilst they can not stay in Thailand, don't have to go back to their home country, either. I just put forward Vietnam as an alternative to consider for these people. Edited May 3, 2019 by KhunHeineken 6 Link to comment Share on other sites More sharing options...
Destiny1990 Posted May 3, 2019 Author Share Posted May 3, 2019 (edited) Prior to this thread we did a Pattaya versus Sihanoukville and Pattaya won that one fair and square based on the comments in that thread. But Pattaya versus Danang well Just read back the whole thread and decide for yourselves you don’t have to be a brain surgeon to spot which city did better in general.. Edited May 3, 2019 by Destiny1990 Link to comment Share on other sites More sharing options...
Jingthing Posted May 3, 2019 Share Posted May 3, 2019 Prior to this thread we did a Pattaya versus Sihanoukville and Pattaya won that one fair and square based on the comments in that thread. But Pattaya versus Danang well Just read back the whole thread and decide for yourselves you don’t have to be a brain surgeon to spot the winner. If staying long term in Thailand is no longer viable then obviously Thailand loses. Sent from my Lenovo A7020a48 using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
Destiny1990 Posted May 3, 2019 Author Share Posted May 3, 2019 (edited) 7 minutes ago, Jingthing said: If staying long term in Thailand is no longer viable then obviously Thailand loses. Sent from my Lenovo A7020a48 using Thailand Forum - Thaivisa mobile app That’s exactly the reason i started searching For alternative in the first place. Its not nice feeling undesirable is it? Edited May 3, 2019 by Destiny1990 2 Link to comment Share on other sites More sharing options...
KhunHeineken Posted May 3, 2019 Share Posted May 3, 2019 5 minutes ago, Destiny1990 said: That’s exactly the reason i started searching For alternative in the first place. Its not nice feeling undesirable is it? I don't feel Thailand does not desire me to be in Thailand, it just desires my money more than me to be in Thailand. ???? 1 Link to comment Share on other sites More sharing options...
Jingthing Posted May 3, 2019 Share Posted May 3, 2019 That’s exactly the reason i started searching For alternative in the first place. Its not nice feeling undesirable is it?Most expats living in Thailand should probably be exploring their options for a plan B except if the plan B is already going home. Getting too comfortable here could be hazardous. From my POV some countries in Latin America check a lot more boxes than any place in Asean. Year round mild weather, path to permanent residence, easy to qualify visas, and yes beautiful locals, what's not to like?Sent from my Lenovo A7020a48 using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
Rimmer Posted May 3, 2019 Share Posted May 3, 2019 A post from someone attempting to imitate a moderator has been removed also replies. Link to comment Share on other sites More sharing options...
DrTuner Posted May 3, 2019 Share Posted May 3, 2019 1 hour ago, KhunHeineken said: I don't feel Thailand does not desire me to be in Thailand, it just desires my money more than me to be in Thailand. ???? Hold on to your money like it's attached to you and you'll be fine ???? Link to comment Share on other sites More sharing options...
Popular Post Destiny1990 Posted May 3, 2019 Author Popular Post Share Posted May 3, 2019 1 minute ago, KhunHeineken said: I know more than most that money can't buy health, and happiness, nor, can you take it with you. However, that doesn't mean I should be donating my money to Thailand's visa scheme, which is akin to the "sick buffalo scam." ???? Besides the money I find the process time consuming , its invading my privacy by home visits, and its a nonstop repetitive procedure and than constant checking stamps dates in my passport, and going to banks about deposits 400/800 it will just give me stress. the 24/7 rule, a non cooperating landlord. Just want to pay and stay so its nolonger suitable for a longterm destination for me. i cant imagine any retiree can do this for several years.. 3 Link to comment Share on other sites More sharing options...
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