Popular Post webfact Posted July 17, 2021 Popular Post Share Posted July 17, 2021 File photo for reference only By Jonathan Fairfield Plans to offer 10 year visas to “rich” foreigners, which would also enable them to own land and work without a work permit, are set to be put to Cabinet for approval. Deputy Prime Minister Supattanapong Punmeechaow has said the plans were already approved in principle by the Centre for Economic Situation Administration (CESA) on June 4. The proposals, which were first mooted back in April, will go before Cabinet as part of a series of plans designed to boost investment into Thailand. Previously it had been reported that the government planned to attract one million foreigners to become expats in Thailand. The would-be expats would have healthy bank balances or pension pots and would generate up to one trillion baht for the Thai economy, it was estimated. The expats would be divided into four groups: 1. ‘Rich’ global citizens 2. ‘Wealthy’ retirees 3. Digital nomads - or professionals working from Thailand 4. Highly skilled professionals ‘Rich’ global citizens would need to be able to prove income of at least $80,000 over the last two years and have $1 million in assets. They would also need to be able to invest at least 16 million baht in property or government bonds. The ‘wealthy’ retirees are defined as those who are aged 50 or over and who can invest 8 million baht in property or government baht, while also being able to show a minimum annual income of $40,000. The digital nomads would need to be earning $80,000 for the last two years or $40,000 a year and would be self employed or employed by a company overseas but which are able to use Thailand as a location to work from. They would be able to ‘work’ in Thailand without needing a work permit. They would also need to show educational qualifications of a master’s degree or higher or at least five years experience in their field. The final group are the highly skilled professionals SET-listed companies or from a company with an annual income of more than $50 million. However, it is not clear exactly what ‘land ownership’ for foreigners would mean in reality. It had previously been suggested that laws similar to the Condo Act of 2008 would be used to allow foreigners to own land plots in housing developments. Leasehold of land upto 50 years were also being considered. Thai news site Manager reported that the proposals to lure foreigners with 10 year visas and land ownership are part of wider plans designed to boost investment into Thailand. The plans, backed by the Board of Investment, would also see Thailand become a hub for the electric vehicle industry (EV). In the report buzzwords such as “Digitalization”, “Decarbonization”, “Decentralization” and “D-risk” were used to describe the plans which would help Thailand reap the benefits of moving towards clean technology. DPM Supattanapong also touted the country’s good healthcare system as a boon in helping attract up to one million high-income foreigners to buy second homes in Thailand. -- © Copyright ASEAN NOW 2021-07-17 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 40 Link to comment Share on other sites More sharing options...
Popular Post ThailandRyan Posted July 17, 2021 Popular Post Share Posted July 17, 2021 Blah Blah Blah Blah Blah, all I hear is the sounds of lips moving and insincerity being bandied about by these clowns. 40 7 8 Link to comment Share on other sites More sharing options...
Popular Post NCC1701A Posted July 17, 2021 Popular Post Share Posted July 17, 2021 "The citizenship by investment programme for Antigua and Barbuda provides a second passport to investors offering visa-free travel to over 160 countries including the UK, EU Schengen zone, Hong Kong and Switzerland. There are several options for investment to gaining citizenship in Antigua. Investors can choose to contribute $100,000 to the Antigua National Development Fund." https://www.goldenvisas.com/antigua 33 8 Link to comment Share on other sites More sharing options...
Popular Post Karma80 Posted July 17, 2021 Popular Post Share Posted July 17, 2021 (edited) All noise until anything happens. The digital nomad visa is a winner for remote workers, but the devil will be in the detail and all the meaningless hoops that will no doubt be added that's out of touch with how globally positioned people actually work. Edited July 17, 2021 by Karma80 24 Link to comment Share on other sites More sharing options...
Popular Post lom Posted July 17, 2021 Popular Post Share Posted July 17, 2021 We are desperate now said the government. 15 7 1 Link to comment Share on other sites More sharing options...
Popular Post Thaiwrath Posted July 17, 2021 Popular Post Share Posted July 17, 2021 11 minutes ago, webfact said: the government planned to attract one million foreigners to become expats in Thailand. I would think that Thailand would need to have a democratically elected Prime Minister, and Government, before these million "expats" are going to be enticed to move here. Not going to get many putting that kind of investment in whilst the military have anything to do with politics. 29 10 Link to comment Share on other sites More sharing options...
Popular Post WineOh Posted July 17, 2021 Popular Post Share Posted July 17, 2021 (edited) Stories like this make me want to vomit all over my keyboard, especially during the crisis we are currently facing. They see us as nothing but cash cows. That includes all Thais, from the hookers sat on the curb to the billionaire pigs in the highest echelons of Thai society. Where is the humanity, Thailand? Does it even exist here?? Sickening stuff! Edited July 17, 2021 by WineOh 44 9 Link to comment Share on other sites More sharing options...
Popular Post NCC1701A Posted July 17, 2021 Popular Post Share Posted July 17, 2021 14 minutes ago, webfact said: They would be able to ‘work’ in Thailand without needing a work permit. They would also need to show educational qualifications of a master’s degree or higher or at least five years experience in their field. Mark Zuckerberg Dropped out of: Harvard Source of wealth: Facebook Net Worth: $50 billion Ted Turner Dropped out of: Brown University Source of wealth: Turner Broadcasting Net Worth: $2.2 billion David Geffen Dropped out of: University of Texas Source of wealth: Geffen Records Net Worth: $6.9 billion Michael Dell Dropped out of: University of Texas Source of wealth: Dell Computers Net worth: $37 billion Larry Ellison Dropped Out of: University of Illinois and University of Chicago Source of wealth: Oracle Net Worth: $70 billion Bill Gates Dropped out of: Harvard Source of wealth: Microsoft Net Worth: $107 billion 31 11 13 Link to comment Share on other sites More sharing options...
Popular Post Andrew Dwyer Posted July 17, 2021 Popular Post Share Posted July 17, 2021 4 minutes ago, NCC1701A said: Mark Zuckerberg Dropped out of: Harvard Source of wealth: Facebook Net Worth: $50 billion Ted Turner Dropped out of: Brown University Source of wealth: Turner Broadcasting Net Worth: $2.2 billion David Geffen Dropped out of: University of Texas Source of wealth: Geffen Records Net Worth: $6.9 billion Michael Dell Dropped out of: University of Texas Source of wealth: Dell Computers Net worth: $37 billion Larry Ellison Dropped Out of: University of Illinois and University of Chicago Source of wealth: Oracle Net Worth: $70 billion Bill Gates Dropped out of: Harvard Source of wealth: Microsoft Net Worth: $107 billion Andrew Dwyer Kicked out of Bradford University Source of Wealth: Pension Net Worth: Struggling 12 1 4 82 Link to comment Share on other sites More sharing options...
Popular Post NCC1701A Posted July 17, 2021 Popular Post Share Posted July 17, 2021 18 minutes ago, webfact said: DPM Supattanapong also touted the country’s good healthcare system as a boon in helping attract up to one million high-income foreigners to buy second homes in Thailand. but no vaccine for these super wealthy A type demanding expats who will be leaving Monaco to live in Surin and shop at Lotus? 555. and i bet after all is said and done you will still have to do 90 day reporting . 7 1 24 Link to comment Share on other sites More sharing options...
Popular Post jacko45k Posted July 17, 2021 Popular Post Share Posted July 17, 2021 Will they need a COE, jab certificates and Covid insurance? 2 1 10 Link to comment Share on other sites More sharing options...
Popular Post ezzra Posted July 17, 2021 Popular Post Share Posted July 17, 2021 10 minutes ago, lom said: We are desperate now said the government. Indeed, any old trick that we paid never no minds to it before it is now kosher just to bring them "rich" tourists/investors/retirees in to Thailand.. how typical of Thai attitude... 12 Link to comment Share on other sites More sharing options...
Popular Post bojo Posted July 17, 2021 Popular Post Share Posted July 17, 2021 3 minutes ago, Andrew Dwyer said: Andrew Dwyer Kicked out of Bradford University Source of Wealth: Pension Net Worth: Struggling Struggling..........................are you sure about that.............I always thought comedians were well remunerated.....................!! 1 3 Link to comment Share on other sites More sharing options...
BE88 Posted July 17, 2021 Share Posted July 17, 2021 But where do these people live on Mars? 1 Link to comment Share on other sites More sharing options...
Popular Post smedly Posted July 17, 2021 Popular Post Share Posted July 17, 2021 read the first few lines of the requirements and closed the topic stupid nonsense 12 Link to comment Share on other sites More sharing options...
Popular Post smedly Posted July 17, 2021 Popular Post Share Posted July 17, 2021 30 minutes ago, NCC1701A said: Mark Zuckerberg Dropped out of: Harvard Source of wealth: Facebook Net Worth: $50 billion Ted Turner Dropped out of: Brown University Source of wealth: Turner Broadcasting Net Worth: $2.2 billion David Geffen Dropped out of: University of Texas Source of wealth: Geffen Records Net Worth: $6.9 billion Michael Dell Dropped out of: University of Texas Source of wealth: Dell Computers Net worth: $37 billion Larry Ellison Dropped Out of: University of Illinois and University of Chicago Source of wealth: Oracle Net Worth: $70 billion Bill Gates Dropped out of: Harvard Source of wealth: Microsoft Net Worth: $107 billion Prayuth Chan O Cha Took over a country by military force Source of wealth - ########### Net Worth - ############### 9 1 2 6 Link to comment Share on other sites More sharing options...
steven100 Posted July 17, 2021 Share Posted July 17, 2021 31 minutes ago, jacko45k said: Will they need a COE, jab certificates and Covid insurance? nah ! they just have to show their bankbook 1 Link to comment Share on other sites More sharing options...
Popular Post bkk6060 Posted July 17, 2021 Popular Post Share Posted July 17, 2021 I have plenty of investments in my home country. Investments that continue to appreciate. Not dead money nothingness in a foreign country that is ruled by a military coup. I'll stick to the 1900 b retirement extension thank you. 17 Link to comment Share on other sites More sharing options...
cocoonclub Posted July 17, 2021 Share Posted July 17, 2021 1 hour ago, ThailandRyan said: Blah Blah Blah Blah Blah, all I hear is the sounds of lips moving and insincerity being bandied about by these clowns. So what do you want? Link to comment Share on other sites More sharing options...
Popular Post J Town Posted July 17, 2021 Popular Post Share Posted July 17, 2021 4 minutes ago, cocoonclub said: So what do you want? We ALL want quality vaccines. I would bet a large majority of expats would gladly pay for good vaccines, not that dirty dishwater Thailand appears to be invested in. 4 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted July 17, 2021 Popular Post Share Posted July 17, 2021 (edited) There will be a rush once it comes into law .......???? how will they cope processing ALL the applicants . regards Worgeordie Edited July 17, 2021 by worgeordie 1 10 Link to comment Share on other sites More sharing options...
Popular Post J Town Posted July 17, 2021 Popular Post Share Posted July 17, 2021 1 minute ago, worgeordie said: There will be a rush once it comes into law .......???? how will they cope processing ALL the applicants . regards Worgeordie The US embassy sent emails this morning to its registered citizens at 8:27 this morning, informing them of AZ jab availability. I wasn't aware of the email until 9:05. I went to enroll and got the following: 3 3 Link to comment Share on other sites More sharing options...
NCC1701A Posted July 17, 2021 Share Posted July 17, 2021 13 minutes ago, J Town said: The US embassy sent emails this morning to its registered citizens at 8:27 this morning, informing them of AZ jab availability. I wasn't aware of the email until 9:05. I went to enroll and got the following: me too. 1 1 Link to comment Share on other sites More sharing options...
Popular Post mikebell Posted July 17, 2021 Popular Post Share Posted July 17, 2021 1 hour ago, Andrew Dwyer said: Andrew Dwyer Kicked out of Bradford University Source of Wealth: Pension Net Worth: Struggling Mike Bell Source of wealth - UK State Pension - frozen for 13 years by uncaring Government Net Worth - Dwindling Prospects - return to England to raid social services for all I can get. 7 4 1 6 Link to comment Share on other sites More sharing options...
Popular Post ivor bigun Posted July 17, 2021 Popular Post Share Posted July 17, 2021 3 minutes ago, mikebell said: Mike Bell Source of wealth - UK State Pension - frozen for 13 years by uncaring Government Net Worth - Dwindling Prospects - return to England to raid social services for all I can get. or keep a UK address ???? 3 2 Link to comment Share on other sites More sharing options...
Popular Post whiteflight Posted July 17, 2021 Popular Post Share Posted July 17, 2021 Make it permanent residency instead of 10 years and it might actually be worthwhile... otherwise it's just a sad joke. 7 Link to comment Share on other sites More sharing options...
Popular Post Rookiescot Posted July 17, 2021 Popular Post Share Posted July 17, 2021 Every time this comes up I always think its not for us westerners its for the Chinese. 8 1 1 Link to comment Share on other sites More sharing options...
cocoonclub Posted July 17, 2021 Share Posted July 17, 2021 44 minutes ago, J Town said: We ALL want quality vaccines. I would bet a large majority of expats would gladly pay for good vaccines, not that dirty dishwater Thailand appears to be invested in. Could it be that you are replying to the wrong person? I asked someone else and my question (this whole topic in fact) wasn’t about vaccines. 2 Link to comment Share on other sites More sharing options...
J Town Posted July 17, 2021 Share Posted July 17, 2021 1 minute ago, cocoonclub said: Could it be that you are replying to the wrong person? I asked someone else and my question (this whole topic in fact) wasn’t about vaccines. Right - too many tabs open. My apologies. Link to comment Share on other sites More sharing options...
Bluespunk Posted July 17, 2021 Share Posted July 17, 2021 (edited) 2 hours ago, Andrew Dwyer said: Andrew Dwyer Kicked out of Bradford University Source of Wealth: Pension Net Worth: Struggling I went to Bradford university. You must have put in a real effort (or no effort at all i suppose if you were in Mech Engineering- those guys were serious) to get kicked out of there…kudos. Edited July 17, 2021 by Bluespunk 1 1 Link to comment Share on other sites More sharing options...
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