363885 Posted November 17, 2005 Share Posted November 17, 2005 I'm sure this has been asked before, but I'm new in this forum. I plan to buy a condo in Bangkok. Does this qualify me to obtain a visa to live in Thailand? Thanks for your input. Link to comment Share on other sites More sharing options...
Indo-Siam Posted November 17, 2005 Share Posted November 17, 2005 If the purchase price exceeds 3,000,000 baht, and your purchase it from a qualifying seller, then you can get a long-term entry permit extension based on investment. Cheers! Steve Sykes Managing Director Indo-Siam Group Bangkok [email protected] www.thaistartup.com Link to comment Share on other sites More sharing options...
363885 Posted November 17, 2005 Author Share Posted November 17, 2005 I'm sure this has been asked before, but I'm new in this forum. I plan to buy a condo in Bangkok. Does this qualify me to obtain a visa to live in Thailand? Thanks for your input. <{POST_SNAPBACK}> Thanks. How long does the "long term entry permit" allow me to stay in Thailand? How often do I have to renew? Regards Link to comment Share on other sites More sharing options...
Noel Posted November 17, 2005 Share Posted November 17, 2005 If the purchase price exceeds 3,000,000 baht, and your purchase it from a qualifying seller, then you can get a long-term entry permit extension based on investment. <{POST_SNAPBACK}> By 'qualifying seller', what exactly do you mean? Just curious. Link to comment Share on other sites More sharing options...
Sunbelt Asia Posted November 17, 2005 Share Posted November 17, 2005 How long does the "long term entry permit" allow me to stay in Thailand?Forever as long as you maintain the investment. How often do I have to renew? Every year By 'qualifying seller', what exactly do you mean? It cannot be a Foreign Seller. It can be a Thai Seller or a Thai company that has its listed objective of being a Development Company. www.lawyer.th.com Link to comment Share on other sites More sharing options...
Firefan Posted November 17, 2005 Share Posted November 17, 2005 I am currently "under consideration" for the investment based investment (3M+ in condo) and bought 2nd hand from Thai bank (who took back condo when private Thai buyer defaulted). Will see have that develops and will update you here end of the month. Cheers! Link to comment Share on other sites More sharing options...
363885 Posted November 17, 2005 Author Share Posted November 17, 2005 This "long-term entry permit" - what visa classification is that (buying a condo over 3 million baht)? Is that a non-immigrant IM visa, or something else? Link to comment Share on other sites More sharing options...
Firefan Posted November 18, 2005 Share Posted November 18, 2005 It can be based on any of the extension possibilities (retirement/marriage Etc.) but in this case (condo) it is the 3M baht rule. It is still an extension on a non-em B visa. Cheers! This "long-term entry permit" - what visa classification is that (buying a condo over 3 million baht)? Is that a non-immigrant IM visa, or something else? Link to comment Share on other sites More sharing options...
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