Chitchat 10 year VISA for Thailand, if you are 50 or older

[johnny333]

That means those Sillyporeans who wish to retire in Thailand generally (if following the rules and regulations) will first need to buy themselves a Condo in Thailand.
With the Condo address only then they can go to the bank to open an account.
Follow then they will have to transfer (aka wire) a huge sum of $$$ to Thailand.
After that only then we can apply for the retirement visa?

I wonder how much admin fees or tax the bank in Sillypore and Thailand will charge us?

You don't need to buy a condo or any property. I would go to the thai embassy in Spore to apply for a long term visa.
When applying you should of course have the $$$ available. The embassy can give you more details on how to open an account.

These changes were only announced a few days ago so I don't think the Thai authorities have worked all the details.

 

[johnny333]

Before the Thai immigration authority grant us the retirement visa, do we need to prove that we have that 3 million baht($120,000) in the bank?
Or we can just go ahead to apply for the retirement visa first without the $$$ in the bank?

I've heard people say that Thai bureucrates are slow. So if you are interested in applying for the new visa, I would 1st approach the Thai embassy & find out if they are ready to accept applications for the new visa.

 

[winners]

When I was younger, whenever I had leave I would spend it in Thailand so that the office couldn't ask me to return to the office Made many trips tp Hatyai in those days. Eventually switched to Bangkok & Pattaya because there is more to see & do.

I've heard that Hatyai has changed a lot & would really like to do a re-visit to Hatyai. However the only airlines offering to fly from Spore to Hatyai is Tiger Air & that is the problem. Tiger is not the most reliable airline.

The thai authorities want to keep track of the foreigners & that's probably why they want them to report in every 90 days. This is a pain & one of the reasons that has stopped me from applying for a retirement visa.

Heard that Hatyai's economy also not doing good because their main tourists/visitors from Malaysia are cutting back due to the Ringgit's tremendous depreciation.

That 90-day reporting requirement is indeed a pain in the ass.

 

[winnipegjets]

It's common in Pattaya to hear Thai girls calling out to men in their 60's, 70's ,.. and calling them "handsum"
I think it is because thais "respect" the elderly

Could you have misheard it; they may have said 'humsup'?

 

[winnipegjets]

Residency can be "bought" in most countries. In NZ it's NZD1.5 million for the investor category with conditions attached or NZD 5 million for the "anything goes" category.

With two earthquakes in recent years, NZ government should consider reducing the financial requirements. Earthquake discounts?

 

[AsiaDK]

Residency can be "bought" in most countries. In NZ it's NZD1.5 million for the investor category with conditions attached or NZD 5 million for the "anything goes" category.

Thank you for sharing. I googled and "anything goes" pricing has increased to 10million NZD
https://www.newzealandnow.govt.nz/move-to-nz/new-zealand-visa/visas-to-invest/investor-visa

 

[melzp]

No need buy house or condo.
My lucky happy fren got attached to an independent orphaned single mother there.
Stay in her house as companion. Both are happy.

 

[Leongsam]

With two earthquakes in recent years, NZ government should consider reducing the financial requirements. Earthquake discounts?

Two earthquakes in recent years???

There are 15,000 earthquakes annually. 100 to 150 per year are large enough to cause potential damage.

Here's the latest list :

http://ds.iris.edu/seismon/eventlist/index.phtml?region=Australia_NZ

 

[Leongsam]

Thank you for sharing. I googled and "anything goes" pricing has increased to 10million NZD
https://www.newzealandnow.govt.nz/move-to-nz/new-zealand-visa/visas-to-invest/investor-visa

It looks like inflation has kicked in. That's why I've always recommended never to delay the process of getting out of sinkieland.

It can only get harder and more expensive as the years go by.

 

[johnny333]

Could you have misheard it; they may have said 'humsup'?

If it was an isolated case, I could have misheard. However I've heard it time & time again. Some of the attention has even been directed at me & I'm no spring chicken

 

[AsiaDK]

It looks like inflation has kicked in. That's why I've always recommended never to delay the process of getting out of sinkieland.

It can only get harder and more expensive as the years go by.

The cheapest way is for Sg malays to get malaysia citizenships
Sg Indians go back to india and Sg Chinese go back to China.

All these countries have busy modernized cities or relaxed countrysides.