Long Term Extended Visa

[factseeker]

Hi,

 

Wife and I have a 12 month Retirement Non Immi (o) Visa.

I heard recently that Thai Immigration might be offering an 'Extended' Visa of some years - maybe 5 or 10 - a bit like the MM2H in Malaysia.

 

Does such a scheme exist?   

If so could it mean some form of 'investment' in property or straight bank deposit?

Best Rgds.

[impulse]

Do a search under Elite visa or 10 year visa.  There's been about a thousand threads on the Elite, and a few dozen on the newly announced proposed 10 year visa for over 50's willing to keep money in the bank.

 

Edit:  You'll generally get more useful information and less abuse doing a search than you will by starting a new thread on a well worn topic.  

 

Edited December 18, 2016 by impulse

[factseeker]

Hi Impulse,

 

Thxs for your advice - much appreciated - I will check it out.

 

I did do some 'searching' but landed onto what appeared to be an 'Agency' charging enormous fees - so thought best to ask here as generally I have received very good answers to any questions posed.

 

I have noticed abuse dished out from time to time on Forums generally - happily not to myself as yet.

 

Always thought a bit sad - must be living on a 'hair trigger'.

 

Wiil endeavour to be more vigilant in future.

Best Rgds

 

 

 

 

Edited December 18, 2016 by factseeker

[Jingthing]

The new 5/10 year O-A/Long Stay visa doesn't yet exist. But the preliminary information indicates there are two ways to financially qualify. Those being 3 million in Thai bank account (with peculiar harsh rules on when you can spend it and on what) OR based on income, 100K baht per month. There is also a peculiar health insurance requirement, peculiar because insurance companies generally don't sell the kind of plans they require.

 

It is not yet known when this new 5/10 year visa will be available and also keep in mind the specific final rules are not yet finished either. 

 

Cheers. 

Edited December 18, 2016 by Jingthing

[Thailand]

Will be coming in when the priority appointment booking system for visas comes in for the aged and infirm.

[Sparkles]

5 hours ago, Jingthing said:

The new 5/10 year O-A/Long Stay visa doesn't yet exist. But the preliminary information indicates there are two ways to financially qualify. Those being 3 million in Thai bank account (with peculiar harsh rules on when you can spend it and on what) OR based on income, 100K baht per month. There is also a peculiar health insurance requirement, peculiar because insurance companies generally don't sell the kind of plans they require.

 

It is not yet known when this new 5/10 year visa will be available and also keep in mind the specific final rules are not yet finished either. 

 

Cheers. 

Re the vague Health Insurance requirement that will eliminate a section of the market as to my knowledge coverage for over 70's, and there's a lot of people in that bracket, is simply not available in Thailand.

For me its seems the benefits all lay with Thai banks getting a massive investment boost plus helping the nations economic figures

I think its just kite flying and for the retiree you may just as well plod along as we are.

[factseeker]

16 hours ago, Sparkles said:

Re the vague Health Insurance requirement that will eliminate a section of the market as to my knowledge coverage for over 70's, and there's a lot of people in that bracket, is simply not available in Thailand.

For me its seems the benefits all lay with Thai banks getting a massive investment boost plus helping the nations economic figures

I think its just kite flying and for the retiree you may just as well plod along as we are.

 

Thnxs for replies everyone - really useful - and from what I read here I think you are right unless it all changes.

 

I am over the 70 limit for health insurance - so I  did spot that one.

 

Will put it all in the 'pending tray' for now.

 

I did look into the mm2h in Malaysia - could fulfill all requirements - they said they wanted me - but it went on and on  and on ................  so that eventually I pulled the plug.

 

In any event prefer climate here.

 

Once again my thnxs for your time on this everybody.