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Elite card giveaway for 10 million baht condo purchase begins next month


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Posted

Really?   When you can do a bargain and find a luxury condo for half the price?   

Then you can buy 4 cars and get the Elite card for less than 10 million....

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Posted

Well you can actually buy several condos, from google translate : 

However, those who buy condominiums participating in this project There is no need to buy a single unit, priced at 10 million baht, perhaps buying multiple units. But the combined price is not less than 10 million baht and must be purchased from the same company for inspection. By specifying qualifications, buyers aged 20 years and over are required to bring evidence of foreign funds transfer for investment in Thailand and proof of ownership of the property with a total value of not less than 10 million baht to apply for an Elite card. Flexible One, which is also required to pass the qualification examination as required. Which must not be a transnational criminal Or money laundering gangs that secretly hide in Thailand

  • Haha 1
Posted

Thailand the king of *Do we cheat them and how*

I am constantly amazed at the people that try to retire there.

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Posted

They are so stupid and believe that people are dumb that they use tiny gift to bait farang. 

10 mil. for only for 5 years  ?? For what. Other country give you a residence permit to stay !!. 

And thai idiot politician wants to kick the owner after 5 years for so much money for little condo !!

Posted

That will work fine for me as i intend to list my 12 million unit in mid Sukhumvit in a few months, the question is, how many foreignness with 10 million baht and who need this Elite visa are around?...

Posted

10 million baht

ok.   i would spend it on hookers and booze.

the rest i would just waste

 

Ps, Think i already did that in a past life here. LOL 

Posted

Whoever said "Money can't buy you love" has never intermingled with the Thai junta.  Immigration has a theme park feel to it, now more than ever.

 

The troubles with buy in Thailand:

 

1.  Management fees sometimes do not keep pace with maintenance needs, like a broken elevator example.

 

2.  The possibility of terrible neighbors.   Never experienced that myself, but my wife has.

 

3.   A non appreciating asset because Thai elites love building condos.

 

 

 

 

  • Like 1
Posted
6 hours ago, RichardColeman said:

i imagine this new 10 million baht elite club will just about fill 1 mcdonalds table

Damn.

Where are they? We were told that a minimum 358,000.000 people would rush for this once in a lifetime opportunity.

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Posted

    Again, oh wow.  They hope to move 100 condos.  Pathetic.  Such teeny tiny thinking.  Come up with a plan that will move 10,000 condos or more a year and you might be on to something.   Yet another total time-waster--especially reading all the fine print.   Again, keep it easy and simple and go for large numbers.  Something that is only appealing to 100 people is ridiculous.  

Posted
18 hours ago, Airalee said:

With 10 million baht, I’d rather buy a 6 million baht condo, a 1 million baht elite visa, a nice car and a sweet stereo system.

And you'd still have 2 mil to partake in other enjoyable entertainment.

Posted
19 minutes ago, Reigntax said:

And you'd still have 2 mil to partake in other enjoyable entertainment.

Nah...It would be a really sweet stereo. ????

Posted
19 hours ago, rooster59 said:

This is the "Elite Flexible One" scheme that will give foreigners who invest heavily in Thai condos a five year visa to stay in the kingdom.

 

All you have to do is spend 10 million baht (about a third of a million US dollars) on a condo and commit not to sell it for five years

 

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Posted
20 hours ago, ThailandRyan said:

I am guessing that those that bought in the past and spent 10 million baht or more on their purchase will not be grandfathered in.  However, I can not see anyone just spending that kind of money in order to get a free Visa, at least not those retiree's who already have a house, condo, and a extension of stay, but then maybe there are a few digital nomads or bitcoin investors who would fit the bill.  

Cheaper to just buy the Elite Card. 

 

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