Foreign property owners now allowed to return to Thailand

[Pattaya Spotter]

2 hours ago, Ganesh108 said:

The message is clear:

 

Never ever invest in property in Thailand. NEVER. You'll get screwed over one way or the other.

Or don't leave your country of residence (especially if it's not your country of citizenship) during a worldwide health pandemic and expect to be able to waltze back in at your own convenience. 

[Pattaya Spotter]

2 hours ago, Henryford said:

Only a fool would buy a Thai property now. This virtually stops you from ever using it.

I'm living in and enjoying my Thai property right now; nothing is stopping people from using their property except their own travels during a pandemic. And of course, they will certainly be able to use it again once the pandemic subsides.

[DrTuner]

8 minutes ago, jlwilliamsjr18 said:

Key Words here: "now able to apply to return to the country"

Good luck.

3M is the application fee. Cheap cheap, they'll come in droves! How about sweetening the deal and offering a brass pineapple up the trademan's upon entry. So enticing.

[crazykopite]

For the last 10 years I have kept 800,000 in the bank yesterday I started tucking into it not because I need it but the way Thailand is going in future I will use an agent there seems to be enough of them who can sort your retirement visa for 15,000 baht with no need to have money tied up in a bank account . I’m fed up of all this BS they keep spewing out on a daily basis I can see a lot of we expats moving on by saying enough is enough.

[Pattaya Spotter]

11 minutes ago, crazykopite said:

Stay away your not wanted that’s the clear message that I’m reading . When I came to Thailand 14 years ago I was aware that things could go belly up but I took a gamble Yes that gamble could cost me 200k if I have to leave but I will bulldoze my property and just leave it as rubble if that’s my only choice .

The only message I get is Covid isn't wanted...what makes you think otherwise? 

[Don Mega]

9 minutes ago, transam said:

Money......????

So condo owners went from cannot return to can return if requirements are met.....Not really the Thai Governments issue if those foreigners are skint.... infact they are better off not coming back !!

[DrTuner]

Let me look into my crystal ball....

 

So, next they'll stop granting extensions to permit to stay, kick all the farangs out and force them to sell their inaccessible condos at rock bottom prices to the CCP buddies that get in without restrictions. 

 

The writing is on the wall.

[Pattaya Spotter]

2 minutes ago, DrTuner said:

Let me look into my crystal ball....

 

So, next they'll stop granting extensions to permit to stay, kick all the farangs out and force them to sell their inaccessible condos at rock bottom prices to the CCP buddies that get in without restrictions. 

 

The writing is on the wall.

Paranoid much?

[poohy]

6 minutes ago, Pattaya Spotter said:

I'm living in and enjoying my Thai property right now; nothing is stopping people from using their property except their own travels during a pandemic. And of course, they will certainly be able to use it again once the pandemic subsides.

I suspect things will change dramatically in the future that could scupper peoples plans ....virus or not.

 

Personally I normally travel each year outside Thailand to see family at home, now been here 18 months its safe (ish) but painful

 

[DrTuner]

1 minute ago, Pattaya Spotter said:

Paranoid much?

It's a necessity in LOS.

[Don Mega]

4 minutes ago, DrTuner said:

Let me look into my crystal ball....

 

So, next they'll stop granting extensions to permit to stay, kick all the farangs out and force them to sell their inaccessible condos at rock bottom prices to the CCP buddies that get in without restrictions. 

 

The writing is on the wall.

That would be awesome,I would buy a few for sure !

[Pattaya Spotter]

9 minutes ago, crazykopite said:

I’m fed up of all this BS they keep spewing out on a daily basis I can see a lot of we expats moving on by saying enough is enough.

Been hearing that for 10 years...would have thought you'd all have gone by now.

[Kwasaki]

A friend of mine wants to come back, I'll just look under my mattress and see if I've got 3,000,000bht. ????

[onebir]

3 hours ago, Surelynot said:

OMG.....this doesn't apply to the Chinese as well...... does it?.......It can't do, they are flooding back into my condo at the moment.

Actually it could do; it may be Chinese who were wealthy enough to buy condos in Thailand have also been stacking up substantial bank deposits there...

[Pattaya Spotter]

1 minute ago, DrTuner said:

It's a necessity in LOS.

Never found it so...lots more to be worried about back home for me.

[Pattaya Spotter]

1 minute ago, Kwasaki said:

A friend of mine wants to come back, I'll just look under my mattress and see if I've got 3,000,000bht. ????

I may post it for a couple friends...nice little side earner.

[Pattaya Spotter]

Just now, Don Mega said:

So when are you moving on ?

Don't you know...Cambodia ???????? 

[transam]

10 minutes ago, Don Mega said:

So condo owners went from cannot return to can return if requirements are met.....Not really the Thai Governments issue if those foreigners are skint.... infact they are better off not coming back !!

Baiting members again chap.....????...?

[Pattaya Spotter]

31 minutes ago, transam said:

Yeh ?....Typical Thai, move the goal posts, show us more wonga......????

So when entries return to normal, is that also "mov[ing] the goal posts"?

[ChrisKC]

So there wont be any applicant's then!

Why don't they just say, this group not yet included!

[Pattaya Spotter]

12 minutes ago, poohy said:

I suspect things will change dramatically in the future that could scupper peoples plans ....virus or not.

 

Personally I normally travel each year outside Thailand to see family at home, now been here 18 months its safe (ish) but painful

 

It is unfortunate but the times are unprecedented in out lifetimes. I agree that the era of carefree (and cheap) international travel may be gone for awhile. 

[ThomasThBKK]

So absolutely <deleted> stupid, who puts baht in cash on a bank account, only idiots see their money being wasted by inflation, <deleted> do they not accept stock portfolios etc, oh yeah because thailand.

[SpanishExpat]

Will those clowns ever realize that Thailand is totally a cheap-Charlie country? They are neither Japan nor Singapore!!  Those few % who may have those 3 Mio are not as stupid as to deposit it on a Thai bank account! There’re are so many safer investment options abroad! But I know how much Thai people love to show off their savings which get them VIP parking and wannabe VIP lounges in the malls. 

Edited October 10, 2020 by SpanishExpat

[riclag]

27 minutes ago, Grumpy John said:

Seems like that plan is to screw you over in a big way or keep you out.   And if you do do it how long do you have to keep your 3 million in their dodgy bank? 

Exactly! This requirement is covid related ! Just a hunch, when will covid conditions be considered finished and when they are who's to say they will lift the 3 mill requirement scheme for another clawing of money excuse 

[lensta]

3 hours ago, ezzra said:

Is there no end to the length that this government will go to be even more ridiculous and difficult to torment people that loves being in this country and that the Covid thing it's not heir fault?...

They don't want you/us here, how clear do they have to make it. Any plans that prayut and his cohorts come up with are just smoke and mirrors. They are trying to look as if they are trying to open up the country, but actually, they have no intention of letting western foreigners back into Thailand anytime soon.

[Pattaya Spotter]

3 minutes ago, ChrisKC said:

So there wont be any applicant's then!

Why don't they just say, this group not yet included!

Because for some number of people, these requirements are not financially onerous and therefore it is an option for them to return. I am mystified why they set the amount at 3M baht, why not make it around 1M, which is at least close to the figure for annual retirement extensions.

[micmichd]

4 hours ago, Pottinger said:

Farookin' ridiculous! Three million Baht earning 0.1% in a Thai bank plus another half million doing nothing in your home country - just how anxious do they think people are?

Expect a lot more condos to come up for sale.

No problem. I don't have any assets anymore in Thailand, all invested. But enough pension to annual extensions of stay.

I'm an orphan in Europe anyway, so no reason to go there for sentimental reasons. I can even celebrate Christmas here in Pattaya if I want. 

So I don't need another visa, and I never will. I have and will keep multiple entry in my passport even if I need a new one, so I can just travel around once the neighbouring countries are as successful in fighting the pest as Thailand is. 

In the meantime I can travel inside of Thailand. I'm sure my Thai lady will find places where I never been before. 

[Kadilo]

1 hour ago, pi2005ni said:

They really are intent in getting rid of the dead beat foreigners. If you are genuinely retired here 3 million baht is not a fortune to have in the bank . 

Winner!!!

 

It took 5 pages and 66 posts but there it is. 3 million is but a p.iss in the ocean. 
 

How much is a foreigners family and home worth to you to be able to come back and live with them.?

[Don Mega]

6 minutes ago, ThomasThBKK said:

So absolutely <deleted> stupid, who puts baht in cash on a bank account, only idiots see their money being wasted by inflation, <deleted> do they not accept stock portfolios etc, oh yeah because thailand.

I do monthly, I suspect many others.

 

[Pattaya Spotter]

4 minutes ago, riclag said:

Exactly! This requirement is covid related ! Just a hunch, when will covid conditions be considered finished and when they are who's to say they will lift the 3 mill requirement scheme for another clawing of money excuse 

Or one can just wait until entries return to normal...I'd say 9-12 months. (Of course, depending on one's situation in farangland, they may save money returning to Thailand and not spending on rent/hotels, food, "entertainment," etc costs of where they are now).