August 30Aug 30 Popular Post Here we go 2.0.There has been a torrent of gloom and doom predictions that based on the surprising massive crackdown on foreigners using lawyer directed nominee structures for real estate deals, that it's only logical that a crackdown on visa agents will be next.There is undeniable logic behind that. It can be argued the visa agent schemes are "illegal" or involve "corruption" and all that jazz.I get all that but I'm here to stick my neck out and predict that no matter how logical it sounds to crack down on visa agent schemes, it will NOT happen either soon related to the land crackdown or even within the next 5 years. Not saying never of course.Unlike my bold prediction about financial requirements for O and OA based retirement visas NOT going up within 5 years, I don't have much in the way ofl logical arguments for this prediction. This is more of a gut feeling. Edited August 30Aug 30 by Jingthing
August 30Aug 30 I predict if Thais get more and more sick of dirty farang they will stop the Retirement visa agent 800k in out method, could be in next 5 years
August 30Aug 30 Author Just now, scubascuba3 said:I predict if Thais get more and more sick of dirty farang they will stop the Retirement visa agent 800k in out method, could be in next 5 yearsFair enough.Logical enough.But I don't think so.I would take that bet.
August 30Aug 30 Popular Post 1 minute ago, scubascuba3 said:I predict if Thais get more and more sick of dirty farang they will stop the Retirement visa agent 800k in out method, could be in next 5 yearsIt's mostly tourists behaving badly, not retirees.
August 30Aug 30 Just now, save the frogs said:It's mostly tourists behaving badly, not retirees.Yes but they always think financials is the answer, increase the limits and stop the agents to erase the LOSO farang
August 30Aug 30 4 minutes ago, scubascuba3 said:Yes but they always think financials is the answer, increase the limits and stop the agents to erase the LOSO farangEven if they crack down, how dramatic will it be?They might give everyone 90 days to plunk the 800K in the bank or leave.And realistically, if you have no savings it's risky to stay here due to medical emergencies.
August 30Aug 30 Author 1 minute ago, save the frogs said:Even if they crack down, how dramatic will it be?They might give everyone 90 days to plunk the 800K in the bank or leave.And realistically, if you have no savings it's risky to stay here due to medical emergencies.That's ridiculous.If they crack down all who used agents will be ineligible for their next extension and will need to start over with their visa and extension.On top of that, if they decide to be hard core (and why wouldn't they) everyone who has used them would INSTANTLY be in violation and subject to prosecution, deportation, b;acklisting, etc.Be clear -- I don't think they will stop the agents at all.BUT if they do, it will be an expat earthquake of historic proportons.Your other point is dumb too.The 800K is locked for 5 months a year, and then 400K is locked for the rest of the year.It is NOT am emergency fund!The moment you go under you're in violation.
August 30Aug 30 Popular Post 6 minutes ago, Jingthing said:The 800K is locked for 5 months a year, and then 400K is locked for the rest of the year.It is NOT am emergency fund!The moment you go under you're in violation.It kinda is ok for emergencies, use the money and use an agent for the following year or two, it's an emergency after all
August 30Aug 30 13 minutes ago, save the frogs said:Even if they crack down, how dramatic will it be?They might give everyone 90 days to plunk the 800K in the bank or leave.And realistically, if you have no savings it's risky to stay here due to medical emergencies.They will most likely grandfather the 800k and 65k monthly, another reason for people to go legit before it's too late
August 30Aug 30 Author 1 minute ago, scubascuba3 said:It kinda is ok for emergencies, use the money and use an agent for the following year or two, it's an emergency after allOff topic as frog guy made his theory in the context of visa agents being ended.
August 30Aug 30 Author 1 minute ago, scubascuba3 said:They will most likely grandfather the 800k and 65k monthly, another reason for people to go legit before it's too lateIf you're using agents and you want go legit, you need to start over with a new visa.For those who are very worried that a visa agent crackdown is imminent, that would be a good idea to do that proactively.Otherwise if they don't and a crackdow happens, their current stay would become instantly in violation. Edited August 30Aug 30 by Jingthing
August 30Aug 30 Author Popular Post Maybe through this discussion we've identified a logical reason why they wouldn't do the crackdown.The resulting expat earthquake would be momentous to a degree they wouldn't want and also there would be a lot of bad international press suggesting Thailand isn't a stable choice for expat retirement.
August 30Aug 30 Popular Post 50 minutes ago, scubascuba3 said:I predict if Thais get more and more sick of dirty farang they will stop the Retirement visa agent 800k in out method, could be in next 5 yearsYou do realise that the majority of the Agents fee goes directly to immigration coffers, and over a day, week, month, year that is a very substantial amount, so that method will probably never die out.
August 30Aug 30 6 minutes ago, couchpotato said:You do realise that the majority of the Agents fee goes directly to immigration coffers, and over a day, week, month, year that is a very substantial amount, so that method will probably never die out.RTP Immigration: Arrest thyself, ain't gonna happen.
August 30Aug 30 Author 6 minutes ago, couchpotato said:You do realise that the majority of the Agents fee goes directly to immigration coffers, and over a day, week, month, year that is a very substantial amount, so that method will probably never die out.A good argument of course but if BIG IF a Thai govermemt decides to go after ALL corruption including corruption they might like, well, Katie bar the door!
August 30Aug 30 What is the percentage of expats using an agent compared to those keeping 800,000 in the bank?
August 30Aug 30 34 minutes ago, Jingthing said:The resulting expat earthquakeIf there is such a change, it would depend on the ratio between how many use an agent for the 800K waiver because they choose not to tie up that money in a Thai bank account and those that can barely come up with 15K+ agent waiver fee each year Edited August 30Aug 30 by JerryM
August 30Aug 30 Author 1 minute ago, emptypockets said:What is the percentage of expats using an agent compared to those keeping 800,000 in the bank?Are you also talking about those using the legit income method or only bank method legit vs. bank method agent game?Either case, I don't know the answer or how we could get the answer. Do you?I can guess but it wouldn't mean anything.But my guess is about half. Edited August 30Aug 30 by Jingthing
August 30Aug 30 43 minutes ago, Jingthing said:If you're using agents and you want go legit, you need to start over with a new visa.❌Incorrect, depends, i switched to legit, others have also, already established
August 30Aug 30 Just now, Jingthing said:Are you also talking about those using the legit income method or only bank method legit vs. bank method agent game?Either case, I don't know the answer or how we could get the answer? Do you?l1 minute ago, Jingthing said:Are you also talking about those using the legit income method or only bank method legit vs. bank method agent game?Either case, I don't know the answer or how we could get the answer. Do you?I can guess but it wouldn't mean anything.But my guess is about half.I was talking about legit extensions, agent assisted or not, compared to agent funded 800,00 in/out extensions.I have no idea of the relative numbers, hence my question.
August 30Aug 30 3 minutes ago, Jingthing said:A good argument of course but if BIG IF a Thai govermemt decides to go after ALL corruption including corruption they might like, well, Katie bar the door!More chance of barring gay visitors during Mardi Gras season!...How visible to IO investigators 'cracking down' are agent assisted extensions? Are they clearly identified from all other types, how are they recorded, the notations in passports are identical.!!
August 30Aug 30 19 minutes ago, couchpotato said:You do realise that the majority of the Agents fee goes directly to immigration coffers, and over a day, week, month, year that is a very substantial amount, so that method will probably never die out.Yes that's the theory people keep repeating
August 30Aug 30 3 minutes ago, Jingthing said:Are you also talking about those using the legit income method or only bank method legit vs. bank method agent game?Either case, I don't know the answer or how we could get the answer. Do you?I can guess but it wouldn't mean anything.But my guess is about half.Perhaps an anonymous poll might give an idea of the relative numbers.
August 30Aug 30 Author 2 minutes ago, emptypockets said:Perhaps an anonymous poll might give an idea of the relative numbers.I wouldn't give much worth to polls here.
August 30Aug 30 Author 4 minutes ago, Olmate said:More chance of barring gay visitors during Mardi Gras season!...How visible to IO investigators 'cracking down' are agent assisted extensions? Are they clearly identified from all other types, how are they recorded, the notations in passports are identical.!!If you use an agent and you decide to stop using them you will not be abe to show the needed bank record to get your next extension.So immigration knows which is which, 100 percent. Edited August 30Aug 30 by Jingthing
August 30Aug 30 Popular Post 1 hour ago, Jingthing said:Here we go 2.0.There has been a torrent of gloom and doom predictions that based on the surprising massive crackdown on foreigners using lawyer directed nominee structures for real estate deals, that it's only logical that a crackdown on visa agents will be next.There is undeniable logic behind that. It can be argued the visa agent schemes are "illegal" or involve "corruption" and all that jazz.I get all that but I'm here to stick my neck out and predict that no matter how logical it sounds to crack down on visa agent schemes, it will NOT happen either soon related to the land crackdown or even within the next 5 years.Not saying never of course.Unlike my bold prediction about financial requirements for O and OA based retirement visas NOT going up within 5 years, I don't have much in the way ofl logical arguments for this prediction. This is more of a gut feeling.AdvertisementYou’re the only one losing sleep over it.Those who have the funds have absolutely nothing to worry about.
August 30Aug 30 Author Just now, HolmesEquivelant said:You’re the only one losing sleep over it.Those who have the funds have absolutely nothing to worry about.Another one of your golden dufus ad hominem posts.Why the puck would I be losing sleep over this, dude?I've never used an agent.It seems you think my topics on these matters have no value.Fine!Easy to sort.Do not read them. Do not post on them. You're welcome. Edited August 30Aug 30 by Jingthing
August 30Aug 30 2 minutes ago, Jingthing said:If you use an agent and you decide to stop using them you will not be abe to shwo the needed bank record to get your next extension.So immigration knows which is which, 100 percent.That may be the case when re applying but when finding them amongst the 'legit' 800k ones, how are they recorded differently on the pport. Ans. They are noted the same!
August 30Aug 30 11 minutes ago, Olmate said:How visible to IO investigators 'cracking down' are agent assisted extensions? Are they clearly identified from all other types, how are they recorded, the notations in passports are identical.!!The 6JAN 2021 Washington DC bomber (bombs placed but didn't explode) was caught after 5 years. All the raw information had been obtained early on but it took programs with so much more horsepower to link like the Home Depot receipts, Cell phone data, shoes and backpack, license plate video, chemical purchases, etc. etc. which is how or they finally found the guy.
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