By 9News Staff

 

Aussies who dream of calling holiday hotspots like Thailand and Indonesia home might soon have their prayers answered as the nations attempt to lure foreigners with an enticing new offer.

In a bid to rebuild its economy, the Thai government has announced it will grant Australian retirees a 10-year visa to relocate - and for a fraction of the price that it would cost on home soil.

Similarly, Indonesia's Second Home Visa program - offering foreigners a five- or 10-year permit to live - comes into effect next month.

 

For some Australians fed up with cost-of-living woes, the timing couldn't be better.

 

Full story: https://www.9news.com.au/national/indonesia-and-thailand-extend-visa-terms-to-10-years-so-selffunded-retirees-can-move-there/1f372bce-330a-4eb5-855d-19ecf77d736f

 

-- © Copyright 9NEWS 2022-11-15

 

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Whats David Astley,s username on here? $2 flat white? 

Just now, Olmate said:

Whats David Astley,s username on here? $2 flat white? 

OMG so funny. I first thought $2 for a white color flat (condo). Where is that in Indonesia? May be I will buy a few hundreds. And 200K USD for a Indonesian 10 year visa. If seniors (at least 65 years old) have that kind of money in the USA, he can live in the USA with his monthly SS payment easily. No need to go to Indonesia. 

1 hour ago, webfact said:

In a bid to rebuild its economy, the Thai government has announced it will grant Australian retirees a 10-year visa to relocate - and for a fraction of the price that it would cost on home soil.

A fraction of nil? A visa is not required to live on home soil.  Perhaps they're talking about the COL.

 

Is this offer just the long-term visa for the wealthy that is already available for all?

RE - Thailand and Indonesia could soon become home for some lucky Aussies

 

* Wonder who will be the luckiest of those 3 - Thailand, Indonesia or the Aussies ....????

Cool, how many $million do I need to invest??? ????

 

 

Edited November 14, 20223 yr by 2baht

"decided to move to Thailand because I can buy a property here for about a third of the price," Australian retiree David Astley said.

Astley is now settled in a three-bedroom home, which he says cost him only $270,000"

 

Farangs cant buy homes at that price point. Either a condo or not his name.

Channel 9 source. No wonder it's wrong. 

Soon be too few tax paying people to support the immigrants and work-shy in Western Countries!

1 hour ago, Old Croc said:

A fraction of nil? A visa is not required to live on home soil.  Perhaps they're talking about the COL.

 

Is this offer just the long-term visa for the wealthy that is already available for all?

Note that the article gives the sum required for Indonesia, but is silent on what Thailand demands.

"Retired Working for You" did an excellent YouTube video on this Long Term Visa. For certain retirees it may make business sense. Personally, I am only interested in Permanent Residencey in order to get away from the Thai immigration and their BS.  Under current regulations I will never qualify for permanent residency as a retiree. To qualify I need to have a work permit and paying taxes for 3 years to be even considered. 

 

 

 

 

7 minutes ago, Bangkok Barry said:

Note that the article gives the sum required for Indonesia, but is silent on what Thailand demands.

$10AU week via my agent does it for me.

Sounds like just another 'bank boosting' visa money scam to me.

 

$200,000 yeah, right

https://www.imigrasi.go.id/en/permohonan-visa-republik-indonesia-wisatawan-lanjut-usia-pensiunan/  Basically apply for a one year visa via a Travel Agent, as they will sponsor you. In Bali, ability to pay USD 500 rent per month, and spend USD 1500 per month. And the real quirk. Must employ two Indonesians. It used to be one. That is, a maid. A retirement visa in Indonesia is not a new thing. Previously it was a bit more like Thailand where you had to have USD 17,000 in the bank, and then you get a one year visa. No mention in the link of 5 to 10 year visa. For me, I am married to an Indonesian. After 7 years of marriage I have a lifetime visa, although I have to visit immigration every 5 years. 

1 hour ago, Sparktrader said:

"decided to move to Thailand because I can buy a property here for about a third of the price," Australian retiree David Astley said.

Astley is now settled in a three-bedroom home, which he says cost him only $270,000"

 

Farangs cant buy homes at that price point. Either a condo or not his name.

You can buy a house in your name, but the land it sits on is done by a 30 year leasehold which is registered at the Land office. You can then possibly extend another 30 years, but then will someone who is 65 still be around in 30 years. My house and my condo will be passed onto my heirs via a  trust and will,already certified and in file with the proper locals, both here and in the US.

Edited November 15, 20223 yr by ThailandRyan

This is nonsense. The headline makes it seem that these are special visas only for Aussies. The guy quoted talks about buying a 3 bed house as if he thinks foreigners are allowed to own land in Thailand. No mention of cost of healthcare vs free govt healthcare in Oz or having to sell up everything at a loss and high tail it back home with nowhere to live there any more for free medical treatment. I have seen this sad scenario unwind for a number of retirees in Thailand. Some had even acquired Thai families they couldn’t get visas to take home and had to abandon.

So what’s so special about the Ozzies?

Appears the OP is talking about the 10 year LTR visa, last time I checked this visa is available to any nationality. And last time I checked, you need an income that would give an exceptionally comfortable retirement back in Australia, or anywhere else in the world.

 

Its quiet simple, give retirees/marriage a pathway to PR and hundreds of thousands will come and stay next week. Let them buy a modest property that cant be flipped or rented out, and we will all buy houses.

 

The Australian media does these beat up stories every couple of years, every time the cost of living rises.

2 hours ago, 2baht said:

Cool, how many $million do I need to invest??? ????

 

 

last I read it was 40mil  THB I believe ....     yikes !!      run forrest run   !!

“$A2.00” (47b) coffee? Where? in some remote village soi cart, out the back of Nakhon nowhere. 
 

Good luck finding a 47b coffee shop (to sit in) anywhere in BKK, Patts, Phuket etc. 

30 minutes ago, maddermax said:

So what’s so special about the Ozzies?

Try going there and find out!

5 minutes ago, steven100 said:

last I read it was 40mil  THB I believe ....     yikes !!      run forrest run   !!

Is that all??? For the privilege of living in a third world backwater! ???? ????

Edited November 15, 20223 yr by 2baht

34 minutes ago, maddermax said:

So what’s so special about the Ozzies?

Bigger bogans

10 minutes ago, Peterw42 said:

And last time I checked, you need an income that would give an exceptionally comfortable retirement back in Australia, or anywhere else in the world.

If you re single maybe. But if you take 80000  USD to Australia the Tax office will extort about 20k to 25k which leaves boomboomall for a family of 4. Even in Tasmania.

5 minutes ago, Nemises said:

“$A2.00” (47b) coffee? Where? in some remote village soi cart, out the back of Nakhon nowhere. 
 

Good luck finding a 47b coffee shop (to sit in) anywhere in BKK, Patts, Phuket etc. 

35 baht Chiang Mai with table and chairs.

Shouldn't the headline read  ....

"  Aussie's living in Thailand and Indonesia will be lucky if they're not scammed heavily over a 10 year stay " 

 

 

 

 

 

 

 

Edited November 15, 20223 yr by steven100

Just now, Sparktrader said:

Bigger bogans

Canada's a real threat to our crown!

4 minutes ago, Nemises said:

“$A2.00” (47b) coffee? Where? in some remote village soi cart, out the back of Nakhon nowhere. 
 

Good luck finding a 47b coffee shop (to sit in) anywhere in BKK, Patts, Phuket etc. 

Chiang Rai has plenty of coffee shops in the 30 - 50 baht range. The places you mention are tourist traps, with prices adjusted accordingly.

53 minutes ago, rocksniffer said:

https://www.imigrasi.go.id/en/permohonan-visa-republik-indonesia-wisatawan-lanjut-usia-pensiunan/  Basically apply for a one year visa via a Travel Agent, as they will sponsor you. In Bali, ability to pay USD 500 rent per month, and spend USD 1500 per month. And the real quirk. Must employ two Indonesians. It used to be one. That is, a maid. A retirement visa in Indonesia is not a new thing. Previously it was a bit more like Thailand where you had to have USD 17,000 in the bank, and then you get a one year visa. No mention in the link of 5 to 10 year visa. For me, I am married to an Indonesian. After 7 years of marriage I have a lifetime visa, although I have to visit immigration every 5 years. 

AS I understand it, if a foreigner rents a house or condo in Indonesia for a year, they pay the full year's rental up front.

If the maid gets pregnant while employed by the foreigner, more money to be paid as well. Doesn't matter who the father is.

2 minutes ago, Boomer6969 said:

If you re single maybe. But if you take 80000  USD to Australia the Tax office will extort about 20k to 25k which leaves boomboomall for a family of 4. Even in Tasmania.

Most retirees dont have a family of 4 living with them, and one would presume by the time you reach a $60kAU net retirement income, you have accumulated a couple of assets like a fully owned home, cars etc, and you have medical coverage.