Thailand to launch new 10 year multiple entry visa for over 50s

Here is where we will consolidate all information about Thai visas and work permits (as they are closely related to the type and availability of your visa).
Liam Dale
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Re: 10 Year Visa

Post by Liam Dale » February 22, 2017, 2:24 pm

Wee Jimmy wrote:Just back from Immigration. Took 1 hour. Although had letter from bank, bank book wasn't up to date. Wife went back to bank who called immigration and all was fixed. No tips asked for and very good service. So easy!!
Sorry might be wrong thread and not related to the 10 year visa.
Was that a marriage extension Jimmy? If so.. did you get asked for a witness that you were a real person.. or did visa only cost 1,900 baht? I'm hearing various criteria..

PS.. this thread as good as any.. :-)



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Wee Jimmy
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Re: 10 Year Visa

Post by Wee Jimmy » February 22, 2017, 4:42 pm

Retirement and cost 1900 Baht.

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Re: 10 Year Visa

Post by Liam Dale » February 22, 2017, 4:49 pm

Wee Jimmy wrote:Retirement and cost 1900 Baht.
Ok. Jimmy.. appreciated.. so last question fella.. did "retirement" require 800k or 400k in bank.. or regular monthly.. not relevant to me yet.. but good info for thread mate.. as of 22/2/17.. for others..

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Re: 10 Year Visa

Post by Techland » February 22, 2017, 9:18 pm

I am asking moderation to move these posts to one of the other hundreds about such topics. Mods may delete my post after doing their job.

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Re: 10 Year Visa

Post by retired » February 22, 2017, 10:45 pm

Liam Dale wrote:
Wee Jimmy wrote:Retirement and cost 1900 Baht.
Ok. Jimmy.. appreciated.. so last question fella.. did "retirement" require 800k or 400k in bank.. or regular monthly.. not relevant to me yet.. but good info for thread mate.. as of 22/2/17.. for others..
Retirement requires 800,000 in bank or 65,000 monthly or combination of both to = 800,000
Marriage requires 400,000 in bank or 40,000 monthly no combination allowed.
If using monthly figures an Embassy letter is required.

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Wee Jimmy
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Re: 10 Year Visa

Post by Wee Jimmy » February 23, 2017, 8:10 am

Baht 800,000 in bank as this saves having to pay British Embassy in BKK to verify pension documents.
It's the easiest way.

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Thailand to launch new 10 year multiple entry visa for over 50s

Post by DuiDui49 » June 17, 2017, 8:40 am

BANGKOK:-- Foreigners in Thailand will soon be able to apply for a 10 year visa.

First proposed in November 2016 as a way to promote Thailand as a medical and wellness hub, Thaivisa understands the 10 year visa was this week formally approved by the Prime Minister.

The new Non O X visa will be available to anyone who is over 50 years of age and from one of the 14 countries listed below.

Applicants will need to have a minimum 3 million baht in a Thai bank account, or a combination of 1.8 million baht in the bank and income not less than 1.2 million baht.

The 3 million baht must be kept in the bank as a deposit for a period of one year but can be reduced to 1.5 million under certain conditions.

Criminal background checks are required on all applicants, who must also have valid medical insurance from a Thai insurance company for the duration of the visa.

Foreigners are not permitted to work while staying in Thailand on the visa and 90 day reports are still required.

The visa will cost 10,000 baht and will be valid for 5 years, before being renewed for a further 5 years.

The new Non O X visa will be available from 11 August, with an official announcement expected imminently.

The Non O X visa does not replace the current annual retirement extension.

Thailand 10 year visa in brief:
God morning folks...hope i posted this in the right place for once ;-)
- Over 50s only
- 14 nationalities eligible: Japan, Australia, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Switzerland, Sweden, Great Britain and Northern Ireland, Canada and United States of America.
- Minimum 3 million baht in Thai bank account
- or combination of 1. 8 million in the bank and income not less than 1.2 million
- 3 million baht must be kept in account for one year, can be reduced to 1.5 million under certain conditions
- Criminal background check from country you hold passport
- Health insurance provided by Thai company, Outpatient coverage minimum 40,000 baht, Inpatient coverage not less than 100,000 thousand baht
- Not permitted to work
- Unlimited entry valid for 5 years
- Fee is 10,000 baht
- 90 day report still required.
- Visa issued in two 5 year periods


https://www.thaivisa.com/forum/topic/98 ... paign=news

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by BobHelm » June 17, 2017, 8:48 am

Useful for anybody between 50 & 65 years old & not married, but otherwise difficult to see its' appeal..

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Marcosteffano » June 17, 2017, 10:33 am

Old bs story.the bright spark who came up with that idea is probably working in a factory now.why would you need medical insurance when you've got 3 million in the bank.wasting my time even thinking about this crap.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by wazza » June 17, 2017, 11:06 am

No good to me, as I already have International heath insurance and not topping up locally

Also a few challenges not mentioned

must show the 3 million in the bank every 90 days if reporting ??

What if you keep departing and returning , getting a new 90 days at Swampy ??

So you could not go near an immigration office for 5 years theoretically and just show the 3 M again

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Marcosteffano » June 17, 2017, 5:17 pm

Yeah tie up 3 million baht for 10 years in a bank that in a few years time won't be government covered in case of collapse.inflation at over 3% and only getting 1% interest,so in theory your money is depreciating 60,000 per year.keep having to do the 90 days reporting,also having to pay extortionate insurance premiums and 10,000b kick off fee.sounds a cracking idea.i can see the queues going all the way around the block at the immo office on Monday.seriously who ever employs these people to think up these schemes.ill stick to the 800,000b,1,900b a year,90 day reporting thanks and if they don't like it I'll sack all the people working for me and fook off to Vietnam where I'm probably more welcome.mongs.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by dingdong » June 17, 2017, 5:59 pm

Wazza
When you do a Multiple entry and are returning you already have you visa and at Swampy you will receive a New entry card From that date the 90 days start. I do not have to prove I have 800,000 in the bank each time I return
Its also states that the 3Million is on application for he visa and after 1 year can be reduced to 1.5Million as to what the conditions are I don't know

All in all I will also stay the way I am at present

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by wazza » June 17, 2017, 6:06 pm

DD

I have never received a new Entry Card when returning to Thailand landing in Swampy.

Only a new stamp, showing the expiry date of the visa.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Marcosteffano » June 19, 2017, 1:52 am

Doing some maths on this.you must have 3mb in the bank,well it ok saying it only for one year and you must prove you have spent 1.5mb in Thailand after that.in other words like me now I keep 800,000b permenantly in the bank.inflation 3% and banks only paying 1 % so your 3mb will depreciate at 60,000b a year x 10 years 600,000b.then there's the medical insurance.i read someone was paying $408 a month or around 14,000b a month.x that by 10 years 1,680,000baht plus the 600,000b 2.280,000b also two 10,000b applications comes to 2,300,000 baht over 10 years.....just a plain way of milking the farang.who in their right mind is going to take this SPECIAL OFFER up is beyond me.oh and don't forget the 90 day reporting too.then there might be some small print that once you've had this 10 year visa you can't revert to the yearly retirement visa because your too old to get any medical insurance.absolute waste of time in my eyes.the thing is a s we'll all the them at the top think they are doing the farang a right favour and deal of the century.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Lone Star » June 19, 2017, 8:14 am

Marcosteffano wrote:Doing some maths on this.you must have 3mb in the bank,well it ok saying it only for one year and you must prove you have spent 1.5mb in Thailand after that.in other words like me now I keep 800,000b permenantly in the bank.inflation 3% and banks only paying 1 % so your 3mb will depreciate at 60,000b a year x 10 years 600,000b.then there's the medical insurance.i read someone was paying $408 a month or around 14,000b a month.x that by 10 years 1,680,000baht plus the 600,000b 2.280,000b also two 10,000b applications comes to 2,300,000 baht over 10 years.....just a plain way of milking the farang.who in their right mind is going to take this SPECIAL OFFER up is beyond me.oh and don't forget the 90 day reporting too.then there might be some small print that once you've had this 10 year visa you can't revert to the yearly retirement visa because your too old to get any medical insurance.absolute waste of time in my eyes.the thing is a s we'll all the them at the top think they are doing the farang a right favour and deal of the century.
Absolutely correct. There is no benefit to this. :lol: :lol: :lol:
AMERICA: One of the Greatest Stories Ever Told.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by BobHelm » June 19, 2017, 8:43 am

I do not think that the critics of this scheme are comparing apples with apples.. :D

This is not aimed at individuals who can obtain non imm'o' visas & then get extensions based on marriage or retirement.
It is aimed at people who's only current method of remaining in the Kingdom is via a mishmash of Tourist visas & visa exemptions/student visas or via the Elite Card scheme.
The membership fee for the 10 year Elite visa (5 years, renewable) is 1,000,000 baht.

If rumours/newspaper announcements are to be believed the Thai Health Insurance might soon become a reality for anyone on any sort of method of remaining in the Kingdom!!

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Jello » June 19, 2017, 8:53 am

BobHelm wrote:I do not think that the critics of this scheme are comparing apples with apples.. :D

This is not aimed at individuals who can obtain non imm'o' visas & then get extensions based on marriage or retirement.
It is aimed at people who's only current method of remaining in the Kingdom is via a mishmash of Tourist visas & visa exemptions/student visas or via the Elite Card scheme.
The membership fee for the 10 year Elite visa (5 years, renewable) is 1,000,000 baht.

If rumours/newspaper announcements are to be believed the Thai Health Insurance might soon become a reality for anyone on any sort of method of remaining in the Kingdom!!
Well that and MEDICAL TOURISM which is pointed out in the first line of the OP's article.
DuiDui49 wrote:
BANGKOK:-- Foreigners in Thailand will soon be able to apply for a 10 year visa.

First proposed in November 2016 as a way to promote Thailand as a medical and wellness hub, Thaivisa understands the 10 year visa was this week formally approved by the Prime Minister.
UFF DA!

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Marcosteffano » June 19, 2017, 9:09 am

Next thing we will read in the headlines is' 10 year visa going great guns' and a picture of some old farang with dementia signing on the dotted line in immo.all I can think of someone up top is going to get some medals for this one.the only one to gain out of this will be the lawyers and mrs getting their dirty sticky fingers on more of your money when you kick the bucket.the thing is a lot of retired farang are only here in this volatile military state as we've invested so much.my mrs would be crapping herself if I ever got to sell up and have it in my bank.the first thing I would do is look at Vietnam and if we could go there or a country that take her.the Thailand dream is wearing very thin with myself and the prices of trying to have some western style of life out here are ridiculous.also reading about Thailand being a dangerous country.it seems to me that the younger generation of Thai have learned that committing a crime against a farang isn't a crime,it's a past time.ignorant,uneducated,selfish,devious,racial,jealous,immoral,greedy,the list goes on.the thought of a nice little place in Southern Europe where you actually own the property, with no or little visa requirement,free hospitals,no racialism and probably cheaper is fast becoming my retirement dream.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by Bob22 » June 19, 2017, 10:14 am

The criteria for the new visa seems to exceed the current retirement extension criteria so anybody qualified for the new visa would be equally qualified for the current retirement extension.
The people who proposed the new visa (and who signed it into law) WILL NOT lose face by it being ignored and not taken up by many people. So I would expect changes to be made in the future to try to force existing extension holders onto the new visa.
On the same vein reports from around the kingdom suggest a general tightening and more pedantic approach to actually getting a retirement extension. Since it is not isolated to a single immigration office the order can only have come from Bangkok.
The difficulties in getting usafructs could also be related.

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Re: Thailand to launch new 10 year multiple entry visa for over 50s

Post by wazza » June 19, 2017, 11:22 am

The junta have a reasonable argument to insist on medical insurance for all long term stayers etc etc ( that hurts to type this )

I read last year the Min for Heath saying over $3-4 million USD in unpaid medical bills at hospitals from expats who skip or cant pay or die etc

im sure there is a chest out there waiting for a few medals to support this ....

Fraught with issues, Acceptance of International medical insurance policies, Thai companies offering a nasty policy to get expats over the line at a premium cost no doubt as its compulsory, have to die first before they consider the claim , void as u didnt sign it lol

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