25 minutes ago, Fex Bluse said:

 

And, as always, this is the big, critical lesson about Thais and Thailand.

 

Nothing is reliable. Everything is subject to change. Agreements are effectively meaningless. 

welcome to Thailand mate!

I also have looked at Ecuador

Looks a lot better there, if I was young like you, I would go there like a shot.

I am here on retirement visa, but loving it less here more and more each year

20 hours ago, WineOh said:

And once again, absolutely nothing to the benefit of those married here with children.

 

It's all about the MONEY, never about the HUMANITY. 

 

Yep.

 

Farangs are nothing more than ATMs in the minds of these greedy <deleted>.

Those with serious money that I know are thinking of getting their money OUT of Thailand, and would not consider some cockamamie half-baked scheme like this.

48 minutes ago, Davedub said:

This makes Thailand far more likely to attract DMs

Don't really see it, neither with the Smart Visa or under these new proposals. As I understand it, most DNs reside here because of geographical arbitrage - the majority have limited funds, many are first-timers and it's their first attempt at establishing an on-line business, and few are directly employed by companies, or have formal qualifications. As with most ex-pats they're here because it's cheap and cheerful.. Thailand really needs to get out of this fixation on the high-end market, and focus on where they have competitive advantage which, IMO, is relative cheapness and a reasonably developed infrastructure, which is attractive to those with a small income or a bit of cash to spare; those with real/big money have too many other options.

7 hours ago, shdmn said:

Projecting?  You can't paint everyone with the same brush.  A lot of guys only go to Thailand for that.  A lot don't.  Some are initially drawn to Thailand because of that but keep coming back for other reasons.  Some find the culture a better fit compared to the west.  Like the fact it's still very much a mans world as opposed to what is going on in the west now.  A lot end up settling down in Thailand with regular Thai girls.  

Of course there are very few exceptions

 

but when you dig a little bit, there is almost ALWAYS a Thai girl\women

behind every westerner decision to come\stay in Thailand and your

comment confirms it

 

The fact that she is the wife, the girlfriend or a one hour rent doesn't really matter, the pu...y power is still the main attraction of the country

 

(imo in second position it's the safety, particularly the relatively low level of petty crime compared to south america's countries for example, where the climate and the girls are hot too)

 

14 hours ago, sqwakvfr said:

However I do know someone who is pretty close to being a millionaire.  He told me his only reason for living in LOS is this:  Women and Girls.  Plentiful and easier to please than the western variety.  

Hi.

The Chinese will jump on this and use this as a loophole to buy up land and slowly take over.  

5 minutes ago, kingofthemountain said:

but when you dig a little bit, there is almost ALWAYS a Thai girl\women

behind every westerner decision to come\stay in Thailand and your

comment confirms it

Can't argue with that.....even if they haven't, as yet, actually met the ladies in question.

2 minutes ago, Phuketboy said:

The Chinese will jump on this and use this as a loophole to buy up land and slowly take over.  

Someone did point out that this is what it is all about......sad.

13 minutes ago, Phuketboy said:

The Chinese will jump on this and use this as a loophole to buy up land and slowly take over.  

 

 

I don't agree.  The Chinese will jump on this and use this as a loophole to buy up land and QUICKLY take over.  

1 hour ago, fusion58 said:

 

Yep.

 

Farangs are nothing more than ATMs in the minds of these greedy <deleted>.

It would more likely attract more arabs and Chinese than anyone else. 

24 minutes ago, simon43 said:

 

 

I don't agree.  The Chinese will jump on this and use this as a loophole to buy up land and QUICKLY take over.  

They don't state HOW much land. And for sure agricultural land will be off limits. 

The devil is in the details and they are not put forward. Once the Chinese realise they actually have to build a house on the (small plot of) land and live in it full time, they may not be so interested.

They'll need at least $80,000 in earnings over the last two years and a million bucks in assets plus $100,000 in health insurance. 

 

 

I stoped reading here.

 

A million bucks ????. They want us to believe they are funny.

Is it "bucks" bunny?

What I find most frightening is the thought that someone in TAT might actually believe this and that they also think that Prayuth and Co. might also believe this.

 

Thailand's niche market now is for not for millionaires but low income people with a dubious past who want somewhere they can continue with their dubious life-style without the law being too interested is their activities

????????????Dreamer!!!!????????????

2 hours ago, Raphael Hythlodaeus said:

Those with serious money that I know are thinking of getting their money OUT of Thailand, and would not consider some cockamamie half-baked scheme like this.

 

Yes. In fact, the wisest wealthy foreigners in Thailand keep the majority of their assets in jurisdictions that provide rule of law and some degree of transparency.

 

Thailand is an easy country to live in on moderate wealth, so no need to put all one's wealth at risk by bringing it into a Banana Republic (or Rice Republic).

1 minute ago, Fex Bluse said:

 

Yes. In fact, the wisest wealthy foreigners in Thailand keep the majority of their assets in jurisdictions that provide rule of law and some degree of transparency.

 

Thailand is an easy country to live in on moderate wealth, so no need to put all one's wealth at risk by bringing it into a Banana Republic (or Rice Republic).

That was my thinking......however.....as some have pointed out this might be an ideal opportunity for the Chinese to swoop in and buy the place

23 hours ago, KhunBENQ said:

A milllion millionaires/high skilled professionals/wealthy pensioners/workers at billion dollar companies.

What are they dreaming of at night?

Right?

 

They seem to be laboring under the assumption that millionaires grow on trees in Farangland. ????

On 6/5/2021 at 12:30 PM, ikke1959 said:

Indeed the land of smiles... everyday something unbelievable

 

Just call it " Unbelievable Thailand ".

Its perfect. And suits it right down to the ground.

Where to apply and when? 

I can NOT wait !!! 

????????????????????????

TAT is always fun to read. The logic is not too far off, people coming in to live here with money, rent, buy cars, buy clothes, hire drivers, maids, computer geeks.....there is a flow down of money from food and restaurants - Thai food. But before this is approved, I will be an old dude on IV. There is a young workforce, bright and willing to work. They are creative and energetic. You should give them the priority. 

I read the title and was just about to contact some real estate agents and buy a many plots of land I can as if non Thais could buy land prices will sky rocket. But then I read the article and I put the phone down....

On 6/5/2021 at 12:48 PM, Surelynot said:

If I were a dollar millionaire I wouldn't even be here.

 

So apart from not being filthy rich, what's your excuse reason for being here?

The Chinese middle class have the money now. They have plenty of it. They will gladly come into Thailand and pay. This is nothing new. The shift in economy parity has gone to China and Asia. Maybe those posting here are not aware of this or have forgotten.

4 minutes ago, NanLaew said:

 

So apart from not being filthy rich, what's your excuse reason for being here?

Seriously?

Wake me up when this becomes a reality.... ????

Re Digital Nomads, their requirement would be average monthly income of $3.000 or roughly 100k THB. Show me some people that can make this income which is in the range of foreign specialist workers here on a regular work permit. Surely you can't make this income with online teaching or translation.

This sounds more like coming to Thailand and loose all your money. 

4 hours ago, Raphael Hythlodaeus said:

Those with serious money that I know are thinking of getting their money OUT of Thailand, and would not consider some cockamamie half-baked scheme like this.

Apart from Thais, what person with serious money would keep their money in Thailand inn the first place?

57 minutes ago, mickymouse1 said:

Where to apply and when? 

I can NOT wait !!! 

????????????????????????

You can apply once you reach the afterlife.