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  1. #1
    Thailand Expat misskit's Avatar
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    Condo in Pattaya, Offering 20-year Visa with Purchase

    CHON BURI – A flagship condominium project of Kingdom Property, Southpoint Pattaya has paved the way into the Thailand market for expatriate and overseas buyers by offering 20-year visas and international loan facilities though exclusive partnerships with Thailand Elite Card and ICBC (Thai) bank.

    Exclusive partnership: Kingdom Property’s CEO Nigel Cornick (third left) and Executive Director Ana Wongsing (fourth left) join ICBC (Thai) Executive Director Chris Ye (second right) and Thailand Elite Card Membership Service Director Pornthep Pantanapat (third right) at the groundbreaking announcement. For high res image please click here.

    The unique offer sees Kingdom Property team up with Thailand Authority of Thailand-managed Thailand Elite Card to provide overseas buyers of Southpoint Pattaya with rights to secure a 20-year visa to stay in Thailand, with fast track immigration and passport control processing among a number of benefits.

    Future owners at Southpoint can simply pay a reservation fee and submit their application form to Thailand Elite for processing within 14 days. Upon approval, they will obtain their Thailand Elite privileges immediately using their Sales and Purchase agreement as proof of investment.

    Once the project is complete next year, they are required to present a copy of their title deed to ensure the ongoing renewal of their visa. More information on the programme and the application form can be accessed by visiting the Southpoint Sales gallery or online at Southpoint Pattaya : WORLD CLASS DESIGNED CONDOMINIUMS.

    More here: Condo in Pattaya, Offering 20-year Visa with Purchase | Chiang Rai Times English Language Newspaper

  2. #2
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    If I buy the condo then sell it can I still keep the 20 year visa?

    Or do you have to show your title deed every year to get another one year visa?

    I wonder what a 20year visa looks like in my 10 year passport, hopefully it's transferable.

    Devils in the detail..Once the project is complete next year, they are required to present a copy of their title deed to ensure the ongoing renewal of their visa.

    Are they selling small condos or 20 year visas?

  3. #3
    Elite Mumbler
    pickel's Avatar
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    Good luck with that.

  4. #4
    Thailand Expat panama hat's Avatar
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    Oh, I think many will jump at the chance . . . because it sounds easy and is 'guaranteed'

  5. #5
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    Read Drummond's site if you can't work out for yourselves why this scheme is such a crock of shit.

  6. #6
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    20 years in Pattaya sounds like a prison sentence

  7. #7
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    Thailand Authority of Thailand-managed Thailand Elite Card to provide overseas buyers of Southpoint Pattaya with rights to secure a 20-year visa to stay in Thailand
    How many free balcony jumps included?

  8. #8
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    Quote Originally Posted by Seekingasylum View Post
    Read Drummond's site if you can't work out for yourselves why this scheme is such a crock of shit.
    I'd really rather not, but it probably involves his obsession with Mr Noyes. Drummond must be feeling rather left out of it, even though he claims he went home for the kids education.

  9. #9
    Thailand Expat Black Heart's Avatar
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    Sounds too....convenient....to be true. I'll check Drummond's rag.

  10. #10
    Thailand Expat
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    20 year visa that really is quite funny, this deal is good untill the next roll of the dice, or the next sweaty hand wants greasing.

  11. #11
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    Until the next government or military council cancels the scheme.

  12. #12
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    55555 Blocked. Must not be reporting the correct truth.

  13. #13
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    Not all that it seems, 20 year membership, 2,000,000 Baht and 20,000 a year fees.
    No 20 year visa, one year renewable yearly, while a member.
    From the site.

    PRIVILEGE ENTRY VISA

    To ease your travels to and from Thailand.

    Perhaps the most important and attractive benefits attached to THAILAND ELITE Membership are enhanced immigration and visa privileges. Membership confers the right to stay in Thailand with a Privilege Entry Visa as well as extendable 1 year stays without the usual need to leave the country.

  14. #14
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    Ripped from Drummonds site for those who can not access it...

    The mass market English language sites in Thailand appear to be going ape over a sales gimmick by Nigel Cornick of Kingdom Property giving people who buy property in his company’s Southpoint condo in Pattaya a 20 year visa for Thailand – courtesy of Thailand Elite Card.

    The story has been running on ThaiVisa.com and Coconuts but I have not seen much in the mainstream media.

    But this is quite earth shattering news.

    Even if foreigners have a Thai wife and children they still only get a one year visa and each year they have satisfy the authorities that the marriage is real.

    Thailand Elite of course was the brainchild of Thaksin Shinawatra, the Prime Minister, hated most of all by the current military led government.

    There’s something quite clearly going on behind the scenes here. Here’s what appeared on ‘Coconuts’ and it sounds very much like the Kingdom Property Press Release.


    “In what is the first initiative of its kind in Thailand, one property developer has partnered with the Tourism Authority of Thailand to offer 20-year visas to foreigners who purchase one of its Pattaya condominiums.

    “ Buyers at Kingdom Property’s Pattaya Southpoint development will be entitled to a 20-year visa, which amounts to five-year, multiple-entry visas which can be renewed every four years.

    “ The visa will entitle its holders to benefits including fast-track immigration clearance, assistance with driving licences, discounts and a bilingual helpline.

    “ ‘The long-stay solution will overcome many of the barriers that we see when selling our properties overseas.

    “ Generally unless you have a business visa, retirement visa or marriage visa, you are not permitted to stay for any length of time,” Nigel Cornick, Chief Executive Officer of Kingdom Property said. “This exciting partnership is akin to Malaysia’s My Second Home (MM2H) program and has massive potential.’

    “ The visa will come as part of the purchase of a unit at Southpoint and owners can sell the unit and the visa together if they wish.

    “ “The target demographic for this initiative is very wide,” Cornick added.

    “ The Thailand property-with-visa initiative is only applicable to Kingdom’s Southpoint project now, but given the possible impact on overseas buyers, it may not be too long before other Thailand property developers adopt similar initiatives for their developments.

    “ The promotion is made possible by Thailand Elite, which is fully owned by The Tourism Authority of Thailand, which, in turn, is under the control of the Thai government.
    “As part of the Tourism Authority of Thailand, this exclusive club has access to privileges that money alone cannot buy,” its website explains. “Thailand Elite is the world's first country membership programme with benefit for immigration, leisure, business, and much more.”

    “ Cornick predicted the plan would make property in Thailand more attractive to overseas buyers.

    “ “The fact Thailand Elite is working with Kingdom Property is a sign of confidence in itself,” he said.

    “ Southpoint Pattaya is a two-tower freehold condominium in Pratumnak. It boasts 655 units ranging in size from 30sqm to 97sqm. Completion will be in the second quarter of 2016.

    Let’s get a few things straight.


    • This is nothing like Malaysia’s ‘My Second Home’ Programme. The exclusive club does not have privileges money cannot buy. You’ve already paid with your Thailand Elite Card. For 20 years you will need to pay 2 million baht. Now if Kingdom are paying 2 million on your behalf I would be very surprised.



    • Property in Pattaya has been facing a slump but to offload property in the past developers have been paying realtors staggering commissions – from 12 to 18 per cent!



    • Nobody can guarantee any foreigners stay in the kingdom apart from the Immigration Department and this department is as honest as the officer you are dealing with.



    • You cannot sell Visas. But I guess you can transfer ownership of a Thailand Elite card.



    • The Thailand Elite card is bit of a turkey – and I know of at least one case of a card-holder being robbed of ALL of his properties and another who was forced to flee Thailand.


    Funnily enough I cannot actually find this offer on Kingdom’s website Southpoint pages though it is on the company’s Facebook page along with a cop in the line-up at a press conference.

    If this was in the mainstream press I think some Thais would have something to say about it.

    I then checked this site lovepattayathailand.com which is recommended as a good read by Kingdom Property.

    It is. I read this.


    “ “Kingdom Properties have joined forces with Thailand Elite in order to create this unique offer. The 20 year visa is in fact a 5 year multiple entry visa that is renewable 3 times, thus giving you a hassle free stay in Thailand for up to 20 years.”

    Oh I see. Not such a good deal then. You can rejoin Thailand Elite another two times.

    Then came this:


    Ok, what’s the catch?

    “ The only one we’ve seen so far is that if you sell your condo at Southpoint, you lose your 20 year visa. This is because the visa will come as part of the purchase of a unit at Southpoint, but you can sell the visa to a new owner with the unit as a part of the deal!

    “ Seems fair enough really.
    Oh come on Nigel. You can’t lose a 20 year visa you never had!

    And then this!


    “ All condominiums in Thailand have 49% foreign quota and 51% Thai quota. Is it possible to by a unit at Southpoint in Thai company name and still qualify for the 20 visa? Yes, as company director with company ownership of a Southpoint Condominium it will be possible to apply for the 20 year visa.

    “ Nigel Cornick, Chief Executive Officer of Kingdom Property, said: “The long-stay solution will overcome many of the barriers that we see when selling our properties overseas. Generally unless you have a business visa, retirement visa or marriage visa, you are not permitted to staOh dear. But the average foreigner does not have a Thai company. And isn't what he is suggesting technically at least against the law?

    Does that mean he will have to set up a dormant company with Thai nominees- the old but very unsafe game played in Thailand – because that is what a lot of people who have been robbed of their fortunes have done.

    The target demographic for this initiative is very wide - and clearly very dumb.

  15. #15
    Thailand Expat
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    Transport some drugs in or out of Thailand and you'll get a 20 year visa for free, includes room and board.

  16. #16
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    Is it not less expensive to buy a cheaper property and pay for yours visas ?

  17. #17
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    Todd and the Kiss band are strangely absent from this one...Just noticed it myself...

    Hell, I'll sell you property that includes a visa for life...

    The usual suspects need not apply...You know full well who you are...

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