thaitero Posted October 9, 2020 Author Share Posted October 9, 2020 (edited) 49 minutes ago, Maestro said: Has this cabinet decision been published somewhere on the Internet? I am sure it is somewhere on the internet but sorry can not remember any more where it was. If i remember correct it ( 500K bank account) was generic minimum rule for all other visa types. Thailand is about open it´s doors more and more but gradually step by by step..If you are "average Joe" like millions of other tourists precovid, you have to wait maby longer you think,,, Edited October 9, 2020 by thaitero Link to comment Share on other sites More sharing options...
Popular Post roxnadz Posted October 9, 2020 Popular Post Share Posted October 9, 2020 (edited) 3 hours ago, ukrules said: You're not supposed to have that amount in your account. This is not an invitation to the masses to come on holiday to Thailand - it's designed to deter people from coming while looking like they're doing something useful. It's what Thailand do instead of banning people from doing something, they raise barriers to entry. If they banned people on a country by country basis there would be retaliations which they won't want so there will always be a 'technical' way to come to Thailand - it's just that many people won't be able to use it. This is it right here in a nutshell, folks. The Thailand government is not interested in seeing many farangs inside their borders this winter, and, in my humble opinion, unlikely ever. Certainly not at levels seen pre-covid. We know how much the government dislikes farangs. Y'all need to start planning accordingly. The requirement to show 15K€ in the bank as a tourist is preposterous, regardless of whether or not you can. It's not something I'll do, even though I have several. But they know that most people can't, and that's how they offer the "ability" to come, knowing few can take it up. Anybody who thinks these escapades are the result of some sort of incompetence are deluding themselves. Thais aren't stupid, the government knows exactly what it's doing. If they wanted to open up, it'd be open. Thousands of infected streamed in from China and other places before they locked the country down. There is no appreciable testing happening throughout the country. Edited October 9, 2020 by roxnadz 4 5 Link to comment Share on other sites More sharing options...
Popular Post ukrules Posted October 9, 2020 Popular Post Share Posted October 9, 2020 4 hours ago, 2 is 1 said: So i show only my Amex!? Where you get bank statement if that is not in your account? Coz bank statement they need! Bank not give statement how much i have share's or how much money i have in trust! Like I said - this is not to help you come to Thailand - it's to prevent you from even considering coming to Thailand. You can't dump some shares and make a deposit in the regular account because it needs to sit there for 6 months - they've thought this through, maximum disruption in a single sentence. 5 Link to comment Share on other sites More sharing options...
ubonjoe Posted October 10, 2020 Share Posted October 10, 2020 11 hours ago, Maestro said: Has this cabinet decision been published somewhere on the Internet? They cabinet approved the Special Tourist Visa (aka STV) and this new single entry tourist visa order at the same time. The resolution did not go into a lot of detail about it. The STV has the same financial requirements as it. "7.2.2 An original + one copy of Current bank statement (Saving account only) with minimum balance of 15,000 euro per person in English (at least from the last 6 months/ in the end of each month the minimum closing balance 15,000 euro). The bank statement must show account owner and account balance." Source: https://helsinki.thaiembassy.org/en/publicservice/special-tourist-visa-stv?page=5f49f4a199a85e260f4278de&menu=5d80876d15e39c3354007bb1 Link to comment Share on other sites More sharing options...
jollyhangmon Posted October 10, 2020 Share Posted October 10, 2020 ... and here some funny requirements if you want to come back as a 'property owner', fits in perfectly, 555 ... Link to comment Share on other sites More sharing options...
ThailandRyan Posted October 10, 2020 Share Posted October 10, 2020 49 minutes ago, jollyhangmon said: ... and here some funny requirements if you want to come back as a 'property owner', fits in perfectly, 555 ... Yes, just more silliness from this Government. So you own a 25 million Baht piece of property, a nice condo, or whatever, and yet you still need to have 3 million baht in the bank. 1 Link to comment Share on other sites More sharing options...
mosan Posted October 10, 2020 Share Posted October 10, 2020 (edited) 2 hours ago, ThailandRyan said: Yes, just more silliness from this Government. So you own a 25 million Baht piece of property, a nice condo, or whatever, and yet you still need to have 3 million baht in the bank. I don't know, but it sounds like a check and balance thing to me. If a person actually owns a 23 million Baht property in Thailand ($800,000 US) then chances are, it wouldn't be too much of a stretch for them to have 3 million baht in a Thai bank and maybe even another 500K ($16K US) sitting in your home country bank... I'm just saying. Edited October 10, 2020 by mosan Clarity 1 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted October 10, 2020 Share Posted October 10, 2020 (edited) 18 minutes ago, mosan said: I don't know, but it sounds like a check and balance thing to me. If a person actually owns a 23 million Baht property in Thailand ($800,000 US) then chances are, it wouldn't be too much of a stretch for them to have 3 million baht in a Thai bank and maybe even another 500K ($16K US) sitting in your home country bank... I'm just saying. Why would you want to tie up 3 million baht here in a savings account making less than a half of a percent interest. If you have that kind of money it is best left in an instrument where it makes you money, not the bank using it for what they want and making more off of it then what they are giving you. It was bad enough having to put 800,000 baht in a fixed deposit account earning pennies just to ensure an extension of stay, versus leaving it in the CD I had to liquidate in the states that was making a paltry 2.75% interest, but it had to be done. No one wants to tie their money up where it is not working for them. Having a ladder of CD's that mature every 4th month, and being able to move them if needed as well as in stocks and properties makes more sense to me, but Thailand wants your money to play with it seems. Edited October 10, 2020 by ThailandRyan 2 Link to comment Share on other sites More sharing options...
mosan Posted October 10, 2020 Share Posted October 10, 2020 4 minutes ago, ThailandRyan said: Why would you want to tie up 3 million baht here in a savings account making less than a half of a percent interest. If you have that kind of money it is best left in an instrument where it makes you money, not the bank using it for what they want and making more off of it then what they are giving you. It was bad enough having to put 800,000 baht in a fixed deposit account earning pennies just to ensure an extension of stay, versus leaving it in the CD I had to liquidate in the states that was making a paltry 2.75% interest, but it had to be done. No one wants to tie there money up where it is not working for them. No, no one wants to tie up money. But are you telling me (you or someone) has spent almost $1,000,000 (USD) on property here in Thailand and you think $90,000 is big money? I have to tell you, that's chump change. I would spend that kind of money only in my home country. If you (or whomever you are talking about) are not a resident or citizen of Thailand, then the plot has been lost. Just like those who claim they own a house, car/truck and have family here and cry about not being able to get back to "their home"...note to you guys, this is not your permanent home. You're just a visitor and this is evidenced by the fact you have to "ask" to be allowed to stay each and every year. 1 4 Link to comment Share on other sites More sharing options...
onebir Posted October 10, 2020 Share Posted October 10, 2020 14 minutes ago, ThailandRyan said: Why would you want to tie up 3 million baht here in a savings account making less than a half of a percent interest. Maybe because you're Chinese, and as long as that nest egg is not trapped behind Chinese exchange controls, you have somewhere to flee if/when TSHTF... Link to comment Share on other sites More sharing options...
jimmjam Posted October 10, 2020 Share Posted October 10, 2020 The 15000 euro is probably not everymonth, but must show it being in the bank for 6 months for some strange reason. No one making 15k euro a month will be entertaining a trip to thailand and the hoops to jump through to get there. Plus quarantine on top of that. Link to comment Share on other sites More sharing options...
onekoolguy Posted October 10, 2020 Share Posted October 10, 2020 19 hours ago, ThailandRyan said: Definitely only the well heeled will be able to apply, unless the Average Estonian or Finn has the monthly average for 6 months of 15,000 Euros, or the equivalent of just a little over 17,000 USD. Actually, when I think about it, that does not seem to be that much if someone has been saving for a vacation, and never was able to go because of Covid. It looked like that said per person? 1 Link to comment Share on other sites More sharing options...
Letseng Posted October 10, 2020 Share Posted October 10, 2020 On 10/9/2020 at 4:52 PM, howerde said: 6. Current bank statement of the applicant showing the closing balance (each month) of 15,000 euro/person for last 6 months in English or Finnish. The bank statement must show account owner. What's the average wage in Finland Is it difficult to have 15.000€ in the bank? Not that much. Ppl have 20.000€ for retirement ext. 2 1 Link to comment Share on other sites More sharing options...
androokery Posted October 10, 2020 Share Posted October 10, 2020 They want to open the country slowly. Taking in just a limited number of people. So they want to start with people who have a lot of disposable income. Such as someone who has 15,000 Euro just sitting in a bank account for six months. Later, when they want more tourists, the rules will change. Link to comment Share on other sites More sharing options...
androokery Posted October 10, 2020 Share Posted October 10, 2020 10 minutes ago, Letseng said: Is it difficult to have 15.000€ in the bank? Not that much. Ppl have 20.000€ for retirement ext. It’s very difficult to retroactively make sure that whatever you have that is worth 15,000 Euro has been converted into money sitting in a bank account for the last six months. 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted October 10, 2020 Share Posted October 10, 2020 On 10/9/2020 at 2:52 PM, howerde said: 6. Current bank statement of the applicant showing the closing balance (each month) of 15,000 euro/person for last 6 months in English or Finnish. The bank statement must show account owner. What's the average wage in Finland must the bank be in finland or can it be in any country for that mattar? because my bank is in thailand... Link to comment Share on other sites More sharing options...
thaitero Posted October 10, 2020 Author Share Posted October 10, 2020 If you live in country where you have option to apply both Special Tourist visa and Single entry touristvisa and you have thinking that maby in Thailand at some point i do conversion to another visatype (For ex: retirement )you should choose Single entry tourist visa not Special tourist visa. Source: Quote 2.5 STV cannot be changed to any other type of visa during the duration of stay in Thailand. https://canberra.thaiembassy.org/special-tourist-visa-stv/ Link to comment Share on other sites More sharing options...
thaitero Posted October 10, 2020 Author Share Posted October 10, 2020 8 minutes ago, SCOTT FITZGERSLD said: must the bank be in finland or can it be in any country for that mattar? because my bank is in thailand... Best to ask to be sure, they do reply emails One time i remember applying some visa there and i showed non-finnish bank statement and then they wanted to see bank/visa card belonging to that account.. Do note, one has to be Finnish or Estonian citizen or resident to apply.. Link to comment Share on other sites More sharing options...
NorthernRyland Posted October 10, 2020 Share Posted October 10, 2020 On 10/9/2020 at 11:28 AM, howerde said: my point was how many people have an average of 15000 at the end of every month for 6 months, i never did, i doubt the average Joe in the UK has either, i thought the Fins were just veery well payed "According to a 2019 survey by Bankrate, just 40% of the more than 1,000 survey respondents said they would be able to cover an unexpected $1,000 expense, such as a car breaking down or a flooded home, with the money currently sitting in their savings." https://www.msn.com/en-us/money/personalfinance/what-is-the-average-savings-by-age/ar-BB172T9N No more than 40% of Americans can afford to visit Thailand now apparently. I wonder how many Thais have that kind of cash in the bank.... 2 Link to comment Share on other sites More sharing options...
Maestro Posted October 11, 2020 Share Posted October 11, 2020 Removed two troll posts. Link to comment Share on other sites More sharing options...
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