TAT proposes attracting a MILLION foreigners - work with no work permit, right to buy land - TEN Year stay

[vangrop]

Everytime I wake up in a bad mood, I simply read Thai news and it makes my day????

Edited June 5, 2021 by vangrop

[IamNoone88]

And forget the existing business owners in Thailand who have contributed to the economy, paid taxes and provided local employment - they will get sweet f-all.

[Sean60]

Oh happy days, ohh happy days.

I don't have the power to read to the end of this article. 

[tonray]

3 hours ago, webfact said:

3 Retirees aged 50+

 

These people will have to invest $250,000 in government bonds or real estate. 

 

Have to show $80,000 in pension income over the last two years or $40,000 per year and have $100,000 in health insurance.

 

Providing they can show all the required evidence of their long standing pensions they will get ten year visas, can work 20 hours a week with no work permit, pay 17% tax only on local earnings and buy property and land.

 

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

[Forza2002]

T.A.T. (Titillating Absurd Tales) committee must have smoking something when they came up with this latest fantasy wish...

[Polaky]

Well 99.9% of us won't qualify for this deal.

[pokerface1]

3 hours ago, webfact said:

The target groups are:

 

1 The wealthy, like millionaires

What they want is obvious 

1. The Wealthy CHINESE Millionaires   Falang  were never even mentioned.

[connda]

4 minutes ago, ThailandRyan said:

$3333.33 USD is $40K a year or at todays THB exchange rates is 1,245,200 THB.  Of course the minimum THB required to stay here as a retiree is only around 65k Thb a month or 780k Thb for the year or around $2,088 USD, and yes many can barely afford that if they are on SS from the US, but most of those that meet the requirement also have money in the bank own a home already as well as either a car or motorbike and support a family.  If married the income is less and so with a SS pension from the US many already have that covered as well.  This is a nonstarter for many as well as still having to do 90 day reports.  

You can capitalize a business for 2 million THB, obtain a work permit, and if relatively successful in building a business then after three years you can apply for permanent residency or go straight for citizenship.
The new schemes really don't fill any void.  It's offering an expensive path to get to the same place.

[ThailandRyan]

3 minutes ago, Polaky said:

Well 99.9% of us won't qualify for this deal.

I would venture to say 100% of us already here would not be allowed to qualify as they are seeking new infused money and our is already a part of the system.

[sambum]

2 hours ago, Silencer said:

Could have fooled me that Thailand wants to attract another million expats to come live here. While life is generally good they sure do put up many barriers that could make it so much better.

 

"It's only words, and words are all I have ..............." (Bee Gees)

[Burma Bill]

Unbelievable! I wonder if TAT's planning department looks like this:-

 

[DrMJA]

2 hours ago, Guderian said:

 

Before anybody rushes into this scheme, they should pause and reflect just how Thailand has treated all the retirees with pensions who are living here during the vaccination programme. If your idea of paradise is to retire somewhere that the authorities regard you as less important than homeless people, and where they're happy to play fast and loose with your health, then yep, Thailand is for you.

 

TRUTH, and truth be told!!!

[Skeptic7]

Land of ???????? silly scheming! 

[connda]

29 minutes ago, connda said:

I've noticed that too.  Claims that "I've lived here forever" and a few dozen posts that sound like adverts for Thai ministries marketing campaigns.
I'm working on Page 3 of my "ignore" list adding a few of these accounts that have come out of nowhere recently and immediately became policy-apologists as well as going into attack-mode against legitimate critique.

I've also noticed a bunch of accounts with under 100 posts that drop one-liners that may or may not even make sense.  Those look more like bots. 
Interesting in a strange sort of way.

[Pilotman]

great idea, the best TAT have ever come up with, and it's all pie in the sky wishful thinking. 

[Skeptic7]

23 minutes ago, IamNoone88 said:

And forget the existing business owners in Thailand who have contributed to the economy, paid taxes and provided local employment - they will get sweet f-all.

While they've gotten totally F***ed over during these past 15 months. 

[newnative]

30 minutes ago, ThailandRyan said:

How, as the Chinese can only move so much money out of the country without landing in prison themselves.

     Apparently there are ways.  I've sold 5 condos to Chinese buyers.  All cash deals.  At a new condo project I bought at off-plan in Bangkok a few years ago, there was a completely separate sales staff that spoke Chinese to deal with the Chinese buyers--and brochures available just in Chinese.   

[madmitch]

I'd like to know why the TAT, would come up with a proposal like this. What's it got to do with tourism? I'd suggest this is well outside their brief.

 

However, where the TAT hallmark is evident is in the figures. 1 million people to come to Thailand and take advantage of this generous offer? With the criteria they've come up with, 1 thousand might be nearer the mark.

 

They really are in a world of their own.

[ExpatOilWorker]

2 hours ago, Joe Farang said:

What happens when the 10 years is up ?

[Anant72]

3 hours ago, RotBenz8888 said:

Always fun to read new TAT fantasies. 

And they are very good at thinking them up! Mirages, mirages, mirages!

[shackleton]

Well thats the plan by the TAT yesterday 

Will no doubt change later when some one has a brain wave 

And comes up with more enterprising ideas ???? ???? 

[BaiLao]

2 hours ago, tingtong said:

 

Wonder when someone will come up with the idea to set up a Go-Fund-Me for Thailand ?

Don't need to come, just donate us!

target amount 1 trillion, no expiration date.

 

 

 

Already happening, long before the internet and 'Go fund me'... your suggested target amount surpassed decades ago.

[IamNoone88]

7 minutes ago, Skeptic7 said:

While they've gotten totally F***ed over during these past 15 months. 

Yep, I did not receive a single Sitang.

[Millcx]

3 hours ago, RotBenz8888 said:

Always fun to read new TAT fantasies. 

5555555 Who are they trying to kid

[jvs]

3 hours ago, johng said:

The thing I don't see happening is "the right to buy land"     it was touted for the elite visa but soon dropped  PDQ same thing here I would say.

There are already many foreigners who did  buy land,you just don't own it.

[moogradod]

Most of you seem to feel that these proposals are funny.

I share with you the notion that they are surreal and in this sense ridiculous.

 

But I feel they are SCARY as well.

 

This is an illustration of thoughts from people who might influence the present status quo in the future and touch the very last remains that makes us stay. Don't you as an expat feel a bit stressed if not anxious about that ? Even more so if it might have been done with an imagined sense of goodwill.

[Almer]

3 hours ago, Guderian said:

 

Before anybody rushes into this scheme, they should pause and reflect just how Thailand has treated all the retirees with pensions who are living here during the vaccination programme. If your idea of paradise is to retire somewhere that the authorities regard you as less important than homeless people, and where they're happy to play fast and loose with your health, then yep, Thailand is for you.

The Soi dogs will get the jabs  before the well heeled foreigners.

[Almer]

37 minutes ago, Polaky said:

Well 99.9% of us won't qualify for this deal.

Thank goodness I'm not on my own

[Almer]

4 minutes ago, jvs said:

There are already many foreigners who did  buy land,you just don't own it.

Guilty as charged 

[ThailandRyan]

31 minutes ago, Skeptic7 said:

Land of ???????? silly scheming! 

Perfect use of the emoticons.  Thanks

Edited June 5, 2021 by ThailandRyan