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  1. #1
    Thailand Expat
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    Thailand thinks British pensioners will pay 60k for a 20-year visa

    Thailand thinks British pensioners will pay 60k for a 20-year visa


    Thailand is launching a fresh charm offensive to lure more pensioners to the Asian nation as Britons begin considering alternative retirement destinations outside of Europe in light of Brexit.

    The president of Thailand Elite, a government-owned agency tasked with running the country’s “exclusive” visa scheme, told the Press Association that Britain’s divorce from the EU was a chance to strengthen ties between the two countries.

    Pruet Boobphakam said: “I think that Brexit will give us an opportunity to even open more, or to introduce Thailand even on a broader scale … you can live in Thailand for up to 20 years if you’d like to, therefore it would be a good opportunity for both countries, in terms of UK people and the Thai people.”

    UK retirees who might otherwise look to settle down in warmer climes along the Mediterranean are facing uncertainty about their long-term rights in EU countries like Spain, where more than 300,000 Brits live, after Brexit.

    The collapse of the pound in the wake of the referendum has also reduced the purchasing power of sterling-denominated pensions across the eurozone.

    Thailand’s 20-year residence programme, which was originally launched in 2003, does not come cheap, costing 600 US dollars per year (481), on top of a 60,000 US dollar one-off fee (48,138), although promoters say the low cost of living can help make up for the bill.

    It also offers 10-year residence for around 30,000 US dollars (24,066), with perks like VIP transport services and annual health checks at a private hospital, as well as a five-year option for 15,000 US dollars (12,033).

    Juerg Steffen, group chief operating officer at Henley & Partners, an international residence and citizenship advisory firm that promotes the programme, said visa schemes like Thailand’s were providing a clarity amid Brexit uncertainty.

    “If you would like to retire today somewhere abroad as a UK citizen, then suddenly because of Brexit it’s not as clear that you can do that.

    “You have to wait for the next two years to see if you can settle in the EU … but with Thailand it is clear.

    “So with Thailand you pay 15,000 US dollars (12,033) and you can stay there for five years.

    So from that perspective, it’s very interesting for people who would like to retire abroad in the next few years.”

    Mr Boobphakam said that while there were just a “few hundred” Brits paying for Thailand Elite’s residence programme, UK citizens made up 40% of participants ahead of other nationalities including the US.

    He also expected the number of Brits taking part in the programme to rise by 15% this year.

    “On top of that, it’s 10% higher than what we’ve expected,” he added.

    http://bangkokjack.com/category/news/

  2. #2
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    Of course, British pensioners are just too plain dumb to compare LOS with the cost of living, legal rights, residence rights, and ease of retirement visa regulations in other countries such as Nepal, Sri Lanka, Khmer, Malaysia etc. Not to mention the crime statistics, ability to own real estate, and work in your own business. Or the ridiculous three monthly reporting.

    https://www.offshorelivingletter.com/

    Still, I'm sure the gratification of living in a nation where prostitution is forbidden, and you are not allowed to ride in the back of a pickup will overcome such small reservations.
    probes Aliens

  3. #3
    Thailand Expat
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    A bargain at only 2406.6 per annum.

  4. #4
    Utopian Expat
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    Quote Originally Posted by snakeeyes
    It also offers 10-year residence for around 30,000 US dollars (24,066), with perks like VIP transport services and annual health checks at a private hospital, as well as a five-year option for 15,000 US dollars (12,033).
    That's not a bad deal, although i'd like to know the details of the annual health check.
    If it was just a scratch and sniff test or a full body MRI scan.

    Also i like the sound of VIP transport services..



    or


  5. #5
    Thailand Expat cyrille's Avatar
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    Quote Originally Posted by sabang View Post
    Of course, British pensioners are just too plain dumb to compare LOS with the cost of living, legal rights, residence rights, and ease of retirement visa regulations in other countries such as Nepal, Sri Lanka, Khmer, Malaysia etc.
    I see you wisely don't use healthcare as a comparison point.

  6. #6
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    They promote it as a residence programme, but it is not. I have a 5-year Elite visa because it suits my lifestyle and because I hate snotty immigration officers. The Elite visa means that I get a flunky to whisk me through immigration and a BMW 7 series limo to send/pick me up from my hotel.

    Buy I am still a tourist! The Elite visa is a tourist visa. You cannot work using this visa. You may have problems opening a bank account because this is a tourist visa, not a non-immigrant visa.
    Groping women when you're old is fine - everyone thinks you're senile

  7. #7
    Thailand Expat VocalNeal's Avatar
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    Strange I thought it was $60,000 for 20 years which would mean it is aimed at American pensioners

  8. #8
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    I would pay 60k for not having to live in this shit hole for another 20 years

  9. #9
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    I think I'm gonna be outta here in less than 18 months. I'll try to convince my Thailand number 1 wife to come along, but it doesn't look good.

  10. #10
    Fresh Seaman CaptainNemo's Avatar
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    Mine won't even listen to any talk of going back unless someone offers her more than 125k THB/month, and even then, I don't think she'd cope with her own kind any more - road rage and total loss of any sense of oriental deference.

  11. #11
    Thailand Expat klong toey's Avatar
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    Considering sterling has devalued around 50% against the Thai baht a lot of pensioners might find that a bit expensive.

  12. #12
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    Considering a tourist visa gets you 3 months for, what is it, like $50 US?

    Failing to see the value proposition here. It should be five years for $2000 or so, then I could see it.

  13. #13
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    Just shows how clueless these idiots are? no one with any common sense will pay that, the easy longstay option is either a retirement or marriage extension, too easy and very cheap.

  14. #14
    Pedantic bastard
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    Quote Originally Posted by Chittychangchang View Post

    Also i like the sound of the VIp transport services

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