Felt 35 Posted April 1, 2021 Share Posted April 1, 2021 I thought this was 1. April fools joke...is it not...? Felt Link to comment Share on other sites More sharing options...
Popular Post trainman34014 Posted April 1, 2021 Popular Post Share Posted April 1, 2021 Well i never; next thing you know they will be lowering tax on wine ! 1 4 Link to comment Share on other sites More sharing options...
hansnl Posted April 1, 2021 Share Posted April 1, 2021 Betting on rich foreigners. Guess they know enough and will go somewhere else. Link to comment Share on other sites More sharing options...
Popular Post billd766 Posted April 1, 2021 Popular Post Share Posted April 1, 2021 2 hours ago, mogandave said: Pretty typical. Endless moaning about not being able to own property if you’re not married to a Thai, then when they announce a plan to ease this restriction it sparks endless moaning.... Owning the property is a fair idea, BUT nothing was mentioned about owning the land where the house sits. Without that, the plan is of little use. 3 Link to comment Share on other sites More sharing options...
Janner1 Posted April 1, 2021 Share Posted April 1, 2021 9 hours ago, BritManToo said: Can't say I'm bothered, my heirs are Thai. Long term vISa or extension would be nice though (5 years+) Which is all very well but if your heirs or any Thai for that matter cam to the U.K. and stayed for 5 to 7 years they would become a CITIZEN, and during the interim they can buy property and own it 100% outright, no stupid lease and no giving away 51% to some person who has done nothing for it. One assumes that any day now you will be graciously given Thai citizenship and be able to come and go as you please, just don’t hold your breath whilst waiting. Link to comment Share on other sites More sharing options...
mac1970 Posted April 1, 2021 Share Posted April 1, 2021 They must have a lot of fun in that kindergarten. Everyday, finding new stats and create nice numbers out from a calculator, and someone is even paying about the job, which teenagers could do...most likely would consider it to be boring, but everything goes in this office of nonsense. Link to comment Share on other sites More sharing options...
Gracas Posted April 1, 2021 Share Posted April 1, 2021 So what does this tell us ? Answer: Thailand and bar girls are same same, both want wealthy foreign retirees. 1 Link to comment Share on other sites More sharing options...
skorp13 Posted April 1, 2021 Share Posted April 1, 2021 Something about gold diggers comes to mind Link to comment Share on other sites More sharing options...
Albert Zweistein Posted April 1, 2021 Share Posted April 1, 2021 Did Scandinavia move away fromEurope ? Link to comment Share on other sites More sharing options...
djayz Posted April 1, 2021 Share Posted April 1, 2021 Spend 200-300k / month on what? T-Shirts? Fake bags/watches? Somdam? Massages with a hundred happy endings? Link to comment Share on other sites More sharing options...
mlmcleod Posted April 1, 2021 Share Posted April 1, 2021 11 hours ago, webfact said: If just one million people from that group move to Thailand, each spending 100,000 baht per month or 1.2million baht per year, that would generate 1.2 trillion baht per year for the economy. And if there are 1 million gullible retirees in the world I will be very surprised! Link to comment Share on other sites More sharing options...
cncltd1973 Posted April 1, 2021 Share Posted April 1, 2021 6 hours ago, IamNoone88 said: 1 million extra foreigners living in Thailand and probably top heavy with Chinese (they avoided mentioning China) .... I do not think the local Thai's would take too kindly to the proposal at all. I noticed China was conspicuously absent from the list, also. Maybe because this list is about extracting as much money as possible, and Thailand can't be seen as bilking money from their smarter, wealthier ally! Link to comment Share on other sites More sharing options...
Cadan Posted April 1, 2021 Share Posted April 1, 2021 Endless baloney of <deleted> ???????????? - a quarterly novel brilliant idea Link to comment Share on other sites More sharing options...
rabas Posted April 1, 2021 Share Posted April 1, 2021 We should tell them that the million new retirees will only come after hearing how nicely we existing retires are treated. -- Here mister is your prepaid limousine fair to next voluntary 190 day reporting. Ka. -- Mister, you need extra year before extending visa? Enough? -- Yes! Temple visit now free for farang, Ka! -- My sister can take mister! She also take you to temple, Ka! Link to comment Share on other sites More sharing options...
apophyss Posted April 1, 2021 Share Posted April 1, 2021 Every days thai news look like a first april, but it not a joke ! Oh sorry, today is realy a first april, sorry... Link to comment Share on other sites More sharing options...
BTB1977 Posted April 1, 2021 Share Posted April 1, 2021 Didn't they target wealthy Chinese and Indians 2 years ago? Link to comment Share on other sites More sharing options...
impulse Posted April 1, 2021 Share Posted April 1, 2021 (edited) I get a kick out of all the guys who think these programs are (or even should be) aimed at rich western retirees. And the guys who think they could afford land if Thailand let their northern neighbors start snapping it up, bidding up the prices. And the ones who think there would be any room left in Thailand if they made it real easy for their northern neighbors to get a Thai passport. Be careful what you wish for... Edited April 1, 2021 by impulse Link to comment Share on other sites More sharing options...
whaleboneman Posted April 1, 2021 Share Posted April 1, 2021 8 hours ago, Kerryd said: Lol. People seem to forget how many of "you" claim to be getting 65k a month into your Thai account already, or have 800k in the bank (which originally was what Immigration expected most foreigners would need to live on for 1 year - it was never meant to stay in the bank all year or even part of the year but you can thank the scammers for that now). Of course, we know everyone actually is getting that much every month and spending it (jing jing) or is living on (approx) 800k a year from their savings, so expecting "wealthy" foreigners to spend 100k a month (or 1.2 mil a year) isn't that much more than what a lot of "you" claim to already be living on. Unless of course it's not true (how much you're actually getting and/or living on). I seriously doubt though that they'd even get 50,000 "wealthy seniors" unless 49,500 of them are from China. Keep in mind, China is their #1 preferred tourist target, not old, fat "white" guys from the EU/Australia or North America. A lot of Chinese are making a lot of money these days and a lot of them like to park as much of that as they can outside of China and property is (usually) always a good investment. Just have to look at places like Vancouver where most Canadians can't afford to live anymore. When you have Chinese coming in, buying $300,000 homes and having them demolished so they can construct $600,000 homes in their place, the real estate market is going to go crazy. Besides, the Chinese know it's just a matter of time until they are in full control here and by then they'll probably own half the country (one way or another). This announcement may be the start of that (as you can be sure it wasn't directed at the expat community here). You may have been away for awhile. The average home price in Vancouver is now over $1 million. Canadian dollars though so you get a discount. Link to comment Share on other sites More sharing options...
Rocking Robert Posted April 1, 2021 Share Posted April 1, 2021 My retirement is 7000 US a month with pension and Social Security that comes 210000. And I expect to be broke at the end of the month and then start all over again the first of the month Link to comment Share on other sites More sharing options...
sirineou Posted April 1, 2021 Share Posted April 1, 2021 (edited) I read a few of the replies to this OP and frankly I don't get the indignation. What is wrong with wanting to attract wealthier people by making it easier for them to buy property? Personally I think it is great. and perhaps some of these reforms might filter down to us less wealthy expats. They don't say that you have to spend 200, 000 bht per month, only that you have the ability. Is having the ability to spend $6,000 a month even wealthy? Really? Then they say, " If just one million people from that group move to Thailand, each spending 100,000 baht per month....." that's about $3,000 per month , how is that a lot of money? Edited April 1, 2021 by sirineou Link to comment Share on other sites More sharing options...
kiwikeith Posted April 1, 2021 Share Posted April 1, 2021 15 hours ago, simon43 said: [quote] ...about making it easier for foreigners to buy houses in Thailand. [/quote] Sorry, but I simply don't believe this. 'Buying a house' in my interpretation means owning (not leasing) the property (with its land/garden) in my name only. Any other scheme is just deception. Well there is plenty for a sale, I have heard rumours back here that some properties are going very cheap now. Still the wealthy land bankers will be holding out. Buyers will be weary nowadays of buying anything, one phenomenon that has happened is that property prices in most countries have shot through the roof, a phenomenon that I don't think will happen in Thailand, especially now Myanmar is in a state. Thailand also has its own problem with political uncertainty and turmoil. A market that states, Buyers Beware. 1 1 Link to comment Share on other sites More sharing options...
daveAustin Posted April 1, 2021 Share Posted April 1, 2021 There will be clauses/extras/smallprint along the lines of 'farang can 'own' a brick but not the land it sits on. Thais - and I love them to bits, and do not blame them - will not give up one inch of land. Link to comment Share on other sites More sharing options...
MasterBaker Posted April 1, 2021 Share Posted April 1, 2021 every time i read something like this, i go on the balcony and look at that Tulip building at Bali Hai... Link to comment Share on other sites More sharing options...
kiwikeith Posted April 1, 2021 Share Posted April 1, 2021 3 hours ago, impulse said: I get a kick out of all the guys who think these programs are (or even should be) aimed at rich western retirees. And the guys who think they could afford land if Thailand let their northern neighbors start snapping it up, bidding up the prices. And the ones who think there would be any room left in Thailand if they made it real easy for their northern neighbors to get a Thai passport. Be careful what you wish for... If they sold all the empty condos owned by the Chinese drug Lords, then you might see a rise in Myanmar Labour and a building boom Link to comment Share on other sites More sharing options...
inThailand Posted April 1, 2021 Share Posted April 1, 2021 Every day here is April 1st. Link to comment Share on other sites More sharing options...
geisha Posted April 1, 2021 Share Posted April 1, 2021 Thai people , government ,TAT, don’t seem to travel far . If they did have a look around St Tropez, Cap D Antibes, Geneva, California, Barbados, Marbella, Virgin Islands , ( not counting cities like London New York, Tokyo etc ) and then compare it to Thailand ................. Link to comment Share on other sites More sharing options...
Popular Post DBath Posted April 1, 2021 Popular Post Share Posted April 1, 2021 One thing the article fails to consider is that most wealthy people do not become wealthy by spending their money foolishly. 1 2 Link to comment Share on other sites More sharing options...
Popular Post Edwin Cameron Posted April 1, 2021 Popular Post Share Posted April 1, 2021 Thailand changes laws like putting out the washing, then change them again in mid-stream like they have done in the past, Farangs aren't stupid..! they seem to think that everyone wants to live in Thailand,news flash they don't. 3 Link to comment Share on other sites More sharing options...
Youlike Posted April 1, 2021 Share Posted April 1, 2021 I have a house in Thailand but i can't go there because of all the scams and regulations. 1 Link to comment Share on other sites More sharing options...
mberbae Posted April 1, 2021 Share Posted April 1, 2021 So let's see, come and buy Property, spend $8,000 monthly and THEN we MIGHT consider thinking about changing the 90 day nonsense. In the meantime, our Buddhist neighbors in Myanmar are being murdered but we don't want the families who are escaping the bloodbath to come here. Link to comment Share on other sites More sharing options...
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