Popular Post pisico 1074 Posted May 12 Popular Post Share Posted May 12 Good News for Foreigners Wanting to Reside in Thailand: a 50% Discount! BANGKOK -- Deputy government spokesperson Ratchada Thanaderek said Tuesday the Cabinet has approved a new Interior Ministry regulations reducing long term visa fees from 100,000 to 50,000 baht. The Long-Term Resident visa (LTR visa) is valid for 10 years. The new rate and further details will become effective 90 days after the new regulations is published on the Royal Gazette. #WhatsHappeningInThailand #Thailand #KE 22 1 Link to post Share on other sites More sharing options...
Popular Post KhunBENQ 19339 Posted May 12 Popular Post Share Posted May 12 Has been discussed elsewhere. What is it worth combined with the other high requirements like money (3 million Baht). Publicity stunt. 6 1 2 Link to post Share on other sites More sharing options...
Popular Post sqwakvfr 2137 Posted May 12 Popular Post Share Posted May 12 (edited) I have an OA with the required health insurance and it would cost me more to obtain this LTR. On the surface it sounds good but “devil is in the details”. Many will find this out when they look deeper into it. Here are the specific requirements for the “Wealthy/Retired category” Groups 1 & 2: Wealthy Foreigners and Retirees Must purchase a health insurance policy which covers medical expenses of no less than US$50,000 for at least 10 months starting from the date of the application OR provide a social security certificate covering medical expenses in Thailand OR provide proof of at least US$100,000 held in a Thai or foreign bank account for at least 12 months prior to the application date. Must have evidence of an average income of at least US$80,000 for at least 12 months prior to the application date. Edited May 12 by sqwakvfr 5 1 Link to post Share on other sites More sharing options...
Popular Post Caldera 7714 Posted May 12 Popular Post Share Posted May 12 I'd wait for the details to be published before getting excited about those new visas. I've seen quite a few interpretations of requirements that look way too optimistic in my opinion. The Thai authorities unfortunately have a tendency to complicate things (or to sour the deal) by dreaming up unworkable procedures or nonsensical (secondary) requirements. 13 Link to post Share on other sites More sharing options...
Popular Post The Hammer2021 6893 Posted May 12 Popular Post Share Posted May 12 More complex bonkers unrealistic ideas. Can you imagine the chaos if these clowns had to take part in military action to defend their country? 4 Link to post Share on other sites More sharing options...
Popular Post Adumbration 1238 Posted May 12 Popular Post Share Posted May 12 (edited) If you marry an Indonesian girl you get a 25 year visa with no strings attached. And if you divorce after 10 years you can stay for life. Edited May 12 by Adumbration 7 3 Link to post Share on other sites More sharing options...
KhunLA 5713 Posted May 12 Share Posted May 12 Here's the not so fine print, from another news-blip. Why would anyone who fits these, even consider living in Thailand: 1 1 Link to post Share on other sites More sharing options...
Popular Post Capella 376 Posted May 12 Popular Post Share Posted May 12 2 hours ago, Adumbration said: If you marry an Indonesian girl you get a 25 year visa with no strings attached. And if you divorce after 10 years you can stay for life. Thailand isn't part of Indonesia though. Every country in the world has different rules on who is and isn't welcome to stay. 2 2 3 1 Link to post Share on other sites More sharing options...
StevieAus 1795 Posted May 12 Share Posted May 12 14 hours ago, The Hammer2021 said: More complex bonkers unrealistic ideas. Can you imagine the chaos if these clowns had to take part in military action to defend their country? Fortunately it wouldn’t be Immigration in the trenches. 1 Link to post Share on other sites More sharing options...
Popular Post Robin 828 Posted May 12 Popular Post Share Posted May 12 The more you read the details the more stupid it gets. How does a Farang get to own $500,000 worth of property with no security of residence? I am getting the impression that someone is making big money from health insurance, hence the sudden insistence for everyone to have health insurance 8 2 Link to post Share on other sites More sharing options...
Popular Post DezLez 1599 Posted May 13 Popular Post Share Posted May 13 12 hours ago, Capella said: Thailand isn't part of Indonesia though. Every country in the world has different rules on who is and isn't welcome to stay. Agrre, but most countries have rules that make sense! 4 1 Link to post Share on other sites More sharing options...
itsari 2696 Posted May 13 Share Posted May 13 12 hours ago, Capella said: Thailand isn't part of Indonesia though. Every country in the world has different rules on who is and isn't welcome to stay. Correct , yet they are both members of ASEAN . 2 Link to post Share on other sites More sharing options...
1FinickyOne 10483 Posted May 13 Share Posted May 13 15 hours ago, Adumbration said: If you marry an Indonesian girl you get a 25 year visa with no strings attached. And if you divorce after 10 years you can stay for life. But there are precious few Indonesian girls here... not sure in all my years I ever met even one! 2 Link to post Share on other sites More sharing options...
Popular Post spidermike007 54298 Posted May 13 Popular Post Share Posted May 13 (edited) A ridiculously low number of wealthy individuals have any interest in retiring, or living here. Let's face it. The most appealing aspect of living here, is the affordability, for most of us. Wealthy folks have better options. The nunskulls cannot see through their own fog of hubris, to be able to comprehend that Thailand is NOT the center of the known universe, and far greater sacrifices would need to be made, to attract any of these people. Edited May 13 by spidermike007 15 1 Link to post Share on other sites More sharing options...
Popular Post BritManToo 63624 Posted May 13 Popular Post Share Posted May 13 (edited) 9 minutes ago, spidermike007 said: A ridiculously low number of wealthy individuals have any interest in retiring, or living here. Let's face it. The most appealing aspect of living here, is the affordability, for most of us. Wealthy folks have better options. The nunskulls cannot see through their own fog of hubris, to be able to comprehend that Thailand is NOT the center of the known universe, and far greater sacrifices would need to be made, to attract any of these people. I don't think there is anything Thailand could do to attract wealthy foreigners. They don't need cheap women and housing. I've been to some amazing beaches ....... none of them were in Thailand. I've visited many historical sites/ruins ....... they weren't here either. Food and wine ....... better in many other countries. Safety, ease of entry at airports ...... just no. Edited May 13 by BritManToo 7 2 1 Link to post Share on other sites More sharing options...
brianthainess 4847 Posted May 13 Share Posted May 13 Old news but now its in the Gazette big deal. Link to post Share on other sites More sharing options...
scorecard 23805 Posted May 13 Share Posted May 13 ...in the Royal Gazzette. Link to post Share on other sites More sharing options...
Capella 376 Posted May 13 Share Posted May 13 1 hour ago, itsari said: Correct , yet they are both members of ASEAN . ASEAN is a trading bloc. Not a common travel area like the EU. One day, perhaps, but I very much doubt it. 1 Link to post Share on other sites More sharing options...
Capella 376 Posted May 13 Share Posted May 13 1 hour ago, DezLez said: Agrre, but most countries have rules that make sense! Try getting your other half into places like Australia, the UK or the US - tons of money and paperwork involved. 1 1 Link to post Share on other sites More sharing options...
itsari 2696 Posted May 13 Share Posted May 13 1 minute ago, Capella said: ASEAN is a trading bloc. Not a common travel area like the EU. One day, perhaps, but I very much doubt it. My same thoughts Link to post Share on other sites More sharing options...
wwest5829 4714 Posted May 13 Share Posted May 13 20 minutes ago, Capella said: Try getting your other half into places like Australia, the UK or the US - tons of money and paperwork involved. Just a footnote. I have had no difficulty with twice gaining US Tourist Visas for my ex-girlfriend. Experiences do vary. 1 1 1 Link to post Share on other sites More sharing options...
Lucky Bones 553 Posted May 13 Share Posted May 13 16 hours ago, The Hammer2021 said: More complex bonkers unrealistic ideas. Can you imagine the chaos if these clowns had to take part in military action to defend their country? Would they defend the country or just a particular institution? 1 1 Link to post Share on other sites More sharing options...
Russell17au 2841 Posted May 13 Share Posted May 13 9 minutes ago, wwest5829 said: Just a footnote. I have had no difficulty with twice gaining US Tourist Visas for my ex-girlfriend. Experiences do vary. try getting a "Residents Visa" for your partner into Australia and not a "Tourist Visa". There is a big difference between "Tourist Visa" and "Resident Visa" in every country. This thread is about "Residency" not visiting "Tourists" 2 Link to post Share on other sites More sharing options...
Capella 376 Posted May 13 Share Posted May 13 30 minutes ago, wwest5829 said: Just a footnote. I have had no difficulty with twice gaining US Tourist Visas for my ex-girlfriend. Experiences do vary. We're talking about residency, not tourism. 1 Link to post Share on other sites More sharing options...
foreverlomsak 1664 Posted May 13 Share Posted May 13 18 hours ago, sqwakvfr said: On the surface it sounds good but “devil is in the details”. Many will find this out when they look deeper into it. Like 90 day reports and annual "reports" similar to requirements for Elite Visa holders. Link to post Share on other sites More sharing options...
dadadede 16 Posted May 13 Share Posted May 13 curious to know the tax regime these people will incur. Good luck to apply the standard progressive tax regime for those salaries. Who wanna see at least the 20% of their salary in taxes in a country which give you back nothing, or better. which gives you back double prices If they do a little flat tax , they can attract people. 1 Link to post Share on other sites More sharing options...
charmonman 2614 Posted May 13 Share Posted May 13 15 hours ago, Capella said: Thailand isn't part of Indonesia though. Every country in the world has different rules on who is and isn't welcome to stay. I think the point is that other countries in the region have policies that are far less xenophobic and far less complicated than all the ridiculous schemes they are constantly inventing in Thailand. 1 Link to post Share on other sites More sharing options...
Tropposurfer 2898 Posted May 13 Share Posted May 13 18 hours ago, sqwakvfr said: I have an OA with the required health insurance and it would cost me more to obtain this LTR. On the surface it sounds good but “devil is in the details”. Many will find this out when they look deeper into it. Here are the specific requirements for the “Wealthy/Retired category” Groups 1 & 2: Wealthy Foreigners and Retirees Must purchase a health insurance policy which covers medical expenses of no less than US$50,000 for at least 10 months starting from the date of the application OR provide a social security certificate covering medical expenses in Thailand OR provide proof of at least US$100,000 held in a Thai or foreign bank account for at least 12 months prior to the application date. Must have evidence of an average income of at least US$80,000 for at least 12 months prior to the application date. As the Tagline says "Wealthy ... category". If you don't have the money then the "Wealthy/Retired category" LTR visa is not for you. Link to post Share on other sites More sharing options...
thailand49 4091 Posted May 13 Share Posted May 13 How does getting) ripped off considered good news! 1 Link to post Share on other sites More sharing options...
Popular Post Sato 35 Posted May 13 Popular Post Share Posted May 13 52 minutes ago, Russell17au said: try getting a "Residents Visa" for your partner into Australia and not a "Tourist Visa". There is a big difference between "Tourist Visa" and "Resident Visa" in every country. This thread is about "Residency" not visiting "Tourists" Adumbration wrote about getting residence permit in countries when you are 'married' to a citizen of this country. In all civilized countries the foreign spouse will get resident permit in this case as it is a human right for married couples to live together. 1 3 Link to post Share on other sites More sharing options...
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