Finally some good news: Thailand tipped to ease 90 day reporting for foreigners

[NoshowJones]

Just now, NeoDinosaw said:

 

I think you mean that it's the US Dollar which has been falling

 

I don't know anything about the US Dollar. I was referring to the British Pound.

[holy cow cm]

18 minutes ago, possum1931 said:

Nobody will get through to that unelected clown impersonating a PM, he just hasn't a clue what it would take to attract people to retire here, all he has done is chase them away.

Yeah but it is ok if his daughters can easily go live in a multitude of foreign countries who openly welcome them to come and live freely with no big hoops, but it is a double standard when concerning his and his Elite Junta's Thai views on foreigners living with family or retiring to Thailand freely without feeling like a third rate person.. 

[newnative]

10 minutes ago, NeoDinosaw said:

 

I think you mean that it's the US Dollar which has been falling

 

   Not really.  When I arrived in 2010 the average dollar to baht exchange rate for the year was 31.72.  Today's exchange rate is 31.59.  Not much difference.   

[rwill]

On 4/12/2021 at 5:15 PM, thequietman said:

Blah blah blah, change .... blah blah blah boosing investment ..... blah blah blah ....... making it easier for foreigners.

 

Nothing will happen. Mark my words. ????

Not true.  They will come up with a new visa class more expensive than the elite visa but with fewer requirements.

Or you are right in the Land of Bold Proclamations that never happen.

[rwill]

6 minutes ago, newnative said:

   Not really.  When I arrived in 2010 the average dollar to baht exchange rate for the year was 31.72.  Today's exchange rate is 31.59.  Not much difference.   

2013 is was around 28 baht.  So it has gone up.

[Jeffr2]

8 minutes ago, newnative said:

   Not really.  When I arrived in 2010 the average dollar to baht exchange rate for the year was 31.72.  Today's exchange rate is 31.59.  Not much difference.   

When I got here it was around 40 or 45. Huge change.

[tandor]

9 hours ago, hotchilli said:

Blood, sweet & tears.

And don't forget the "possible" 800,000 baht per head X 1 million

to prop up the banks.

...jai yen yen.

[Pj2738]

The types of foreign retirees targeted will be those who have a healthy pension pot, with the ability to spend 200,000 - 300,000 baht per month. 

 

That's about AUD$100,000 to AUD$150,000 per year. I doubt many Aussies could afford that in their own country. Age pensioners in Australia get about AUD$24,000 pa. Do the math. I also doubt if the elite rich Thais could even spend that amount in the land of smiles.

[Bday Prang]

6 hours ago, zoltannyc said:

Most people with a 10000USD monthly disposable income should be millionaires. According to the Barron's  Word Wealth report there are 20 million millionaires  in the world, and taking an average age distribution let's say around 15%-25% of them are at retirement age which leaves us with 3-5million potential customers.

So to get 1million paying customers you would need to get 20-30% of all potential high income retirees to move here.

(I tried a similar estimate based on household income data and I got around 4-6 million potential customers.)

Lets not forget that the only millionaires that would even be forced to consider retiring here are those that are married to Thai women, and I seriously doubt there are a million of them.  So for the figures to stack up they need to target all millionaires married to Thai women and achieve a greater than 100% success rate. Good luck with that.

 If they really want to increase the amount of foreigners staying here long term, all they need to do is relax the property ownership rules , and return immigration procedures to how they were back in the good old days.  That shouldn't require too much thinking

 To be honest I don't mind them keeping us foreigners "at arms length" I wouldn't want Thailand to suffer the same fate as the UK.  Lets not forget we all came here because its Thailand

[digger70]

Finally some good news: Thailand tipped to ease 90 day reporting for foreigners  

 

Ain't gonna happen Joe. People who have / can spend that kind of money Won't be coming to stay in Los After they See the place . Whatever he's on it makes him Hallucinating.  ????

[Bday Prang]

6 hours ago, hotandsticky said:

 

Best you start packing Charlie....looks like your stay will be a short one.......

I hope so

[gunderhill]

God  darn it that's  me  outta  here then as I  only spend 1.199 million a  year, ah well.

[gunderhill]

9 hours ago, AhFarangJa said:

My Wife has a question....................Is this a limit or a target?...................????

No, Its a fantasy.

[gunderhill]

8 hours ago, easydoor said:

I don't know why people complain so much about that 90d report.... it is a peace of cake

You  live 90km from the nearest  office and they wont  accept  mail in reports and then add  online reporting   not working.

[rumak]

On 4/12/2021 at 5:15 PM, thequietman said:

Blah blah blah, change .... blah blah blah boosing investment ..... blah blah blah ....... making it easier for foreigners.

 

Nothing will happen. Mark my words. ????

 

Well,  they might come up with something .    Something that will make it even more of a hassle for the average retiree.  ????

[gunderhill]

6 hours ago, Neeranam said:

Don't use illegal agents

As encouraged by many an immigration office.

[connda]

On 4/12/2021 at 5:11 PM, snoop1130 said:

According to Bloomberg, the government has set up a task force in order to help make it easier for long term tourists and expats to stay in Thailand.

So finally the long-stay foreigners who up to this point, we have been told, don't actually contribute to the Thai economy (because we don't pay income tax...like most Thais).  However we do inject foreigner capital into the Thai economy and we pay a 7% VAT that is returned to tourists unlike us.  So they finally are waking up to the fact that their tourism industry is probably never going to recover and that catering to long-stay expats who pump capital into the economy all year may actually be worth inducing to come and stay. 
But! 
I'll believe it when I see it.

 

[Nojohndoe]

18 hours ago, 2 is 1 said:

Must be one really great cleaner! But its nice if have "extra" BTH to throw in the wind!

There is no detail on what the "cleaners" duties involves.

[Nsp64]

On 4/12/2021 at 5:35 PM, bdenner said:

For crying out aloud, no matter how TW tries she can't spend the 65K I bring in a month (retirement extn. Refuse to go down the 800K path)

Been here 20 years, 3 Chanoots, 3 cars and more land than you can poke a stick at --- wot more do they want.?

 

All in your name is it ?

So, in fact you dont have all that property do you?

What's your point ?

[Rookiescot]

Look when they say "attracting foreigners" read that as attracting Chinese people who want to move some of their money out of China.

Its not aimed at westerners. 

[Sumarianson]

Too many restrictions to what is a right for Thai citizens who live in our countries along with permanent status after 10 years in the country or with family, regardless of marital status. The immigration policies of Thailand discriminate against other races. Something that should be unacceptable to any God loving nation. Depriving legal residents of their right to work and feed their family is more discrimination. If it were done to Thai citizens in another country ( who were singled out) there would be outcry! In Thailand however, not a word of protest is to be heard. 

[Jonathan Swift]

On 4/12/2021 at 5:15 PM, thequietman said:

Blah blah blah, change .... blah blah blah boosing investment ..... blah blah blah ....... making it easier for foreigners.

 

Nothing will happen. Mark my words. ????

Noted

[PeeJayEm]

1 hour ago, Sumarianson said:

Too many restrictions to what is a right for Thai citizens who live in our countries along with permanent status after 10 years in the country or with family, regardless of marital status. The immigration policies of Thailand discriminate against other races. Something that should be unacceptable to any God loving nation. Depriving legal residents of their right to work and feed their family is more discrimination. If it were done to Thai citizens in another country ( who were singled out) there would be outcry! In Thailand however, not a word of protest is to be heard. 

What has any “god” got to do with it? What is a “god-loving COUNTRY” .... something like Iran?  An Islamic or Christian republic?

[Bradmeister]

RESIDENTS, not foreigner....

 

First thing they need to : Ease....

 

Stop the Racism.....we live here, pay our taxes and contribute to the community.

 

No 90 day check in. No yearly extension....

 

 

We can show 5 years of mortgage, rent and utility bills..... stop scheming and scamming already!

 

 

[Neeranam]

4 hours ago, gunderhill said:

As encouraged by many an immigration office.

Their day of reckoning will come! 

[Neeranam]

37 minutes ago, Bradmeister said:

RESIDENTS, not foreigner....

 

First thing they need to : Ease....

 

Stop the Racism.....we live here, pay our taxes and contribute to the community.

 

No 90 day check in. No yearly extension....

 

 

We can show 5 years of mortgage, rent and utility bills..... stop scheming and scamming already!

 

 

It's not racist at all, Cambodians, Burmese, and other Asians have to do it. 

A mortgage only proves you have bought a house. Why should that entitle you to be free of immigration requirements?

[2 is 1]

11 hours ago, FalangJaiDee said:

I like Thailand a lot don’t get me wrong, but the only wealthy tourists who are going to come here and spend like that are the ones who have a serious affliction for Thai women. 
 

most wealthy expats will go elsewhere for reasons I don’t have to explain. 

Hmm... must be one "donk" wealthy tourist! Or has not visit any other asian country! Because grass really is greener in many other asian country! Many other country has more beutiful woman than in Thailand and better body shape also. Talking about average woman. 

To me Thailand is better in other way. More safe than many other and i like how thai people act in daily life.

But that is matter of taste (say dog when lick hes di..)!

[jambesobrien]

On 4/12/2021 at 6:07 PM, kevc said:

I wonder how many were drinking out of the same glass when they came up with this cunning plan.

I wander what they were drinking??

[Pedanov]

Yeah. And IF every person would send me a single dollar I'd be a billionaire. LOL

 

How about selling FREELANCE VISA instead? Guess more people ready to work abroad with their families just buying visa instead of creating fake company with fake Thai partners and fake employees. One million retirees vs one million of geeks with high salaries. No doubt who wins.

[Stargeezr]

The Thai government is like most other governments in the world. It consists of rich people. Period, and do you 

usually see rich people who help anyone except other rich people.  Not usually.  I will not hold my breath

to see if this news story is anything other than just more words. I am hoping that maybe the visa requirements and

especially the 90 day reporting get a major revamp.  I guess we will see if there is actually any intelligence within

the government and TAT combined.  I wish I were more optimistic.

Geezer