312 replies to this topic
Posted 2009-12-25 16:18:28
DegenFarang, on 2009-12-25 15:23:52, said:
For the first time I think ever I'm going to side with the Thai's on this one. You are basically complaining that they make it inconvenient to take advantage of the law. It is for investment, not for people who will be living off of the money. If you want to stay for 20 years you'll need to bring 20,000,000 baht to make your example work, half for living expenses.
Can anybody confirm whether simply leaving 10,000,000 baht in a savings account will allow a person to renew an investment visa indefinitely without leaving the country?
A normal savings account will not do. You must invest it! A fixed deposit account will do.
Posted 2009-12-25 16:20:45
DegenFarang, on 2009-12-25 15:23:52, said:
It is for investment, not for people who will be living off of the money. If you want to stay for 20 years you'll need to bring 20,000,000 baht to make your example work, half for living expenses.
I agree with you. There is no law that allows young people to live here legally spending their money (a reasonable amount of money). That's why they abuse the ED visa.
Edited by Brunus, 2009-12-25 16:23:18.
Posted 2009-12-25 16:38:56
Mario2008, on 2009-12-25 16:18:28, said:
DegenFarang, on 2009-12-25 15:23:52, said:
For the first time I think ever I'm going to side with the Thai's on this one. You are basically complaining that they make it inconvenient to take advantage of the law. It is for investment, not for people who will be living off of the money. If you want to stay for 20 years you'll need to bring 20,000,000 baht to make your example work, half for living expenses.
Can anybody confirm whether simply leaving 10,000,000 baht in a savings account will allow a person to renew an investment visa indefinitely without leaving the country?
A normal savings account will not do. You must invest it! A fixed deposit account will do.
Ok so if you put 10,000,000 baht in a fixed deposit account you can get a one year visa and then renew it every year indefinitely, and never have to leave the country? Even after ten years they will just keep renewing it for you?
Posted 2009-12-25 16:45:52
Correct, as long as you each year qualify, they will renew your extension and you don't have to leave the country.
Posted 2009-12-25 21:45:33
I think something has been missed re the 10M Bhat investment route to long-term visa.
Keeping the original 10M in the account could throw off what... 5%?
That 500K Bhat yearly or 40k/month to live on.
No need to bring 20M !
Where to get the 10M is the question.
Posted 2009-12-25 22:22:09
What percentage of current ED visa holders do you reckon have a spare liquid 10 million baht to invest here?
Posted 2009-12-25 22:34:02
Jingthing, on 2009-12-25 22:22:09, said:
What percentage of current ED visa holders do you reckon have a spare liquid 10 million baht to invest here?
Why would anyone invest 10 mil here?
Posted 2009-12-25 23:07:09
an idiot like me , investing 15m after taxsin was gone,and i was thinking it get better............. and visa.....woow stay on 6month validity TR visa 3 entrys and for extension after i make maybe an idiot non ed or b visa just for renew drivinglicence 5 yr. what cant be done with tr visa.
my car problem numberplate police charge 400 baht 2 time , go shop give bluebook, they make copynumberplate,police charge again, i go trafic office, they tell me policereport,and letter of residence,,...immigration TR visa cannot issue letter of residence ok no new numberplate just now i have prepaired 200 baht under drivinglicence for police
ohhh hope get sudenly my money out of the country........................... and ed visa is same visa factory,,,,,,no married no 50 no legal stay
i was stupid to think it get better after taxsin off,,,,and the money taken before out when taxsin stay i invest again
ok my fault i know thailand for 20 years....ok in 4 yrs can get pension visa hahahaha if rules not be changed
Posted 2009-12-25 23:17:20
Jingthing, on 2009-12-25 22:22:09, said:
What percentage of current ED visa holders do you reckon have a spare liquid 10 million baht to invest here?
Not one.
Posted 2009-12-25 23:21:08
lapamita, on 2009-12-25 23:07:09, said:
an idiot like me , investing 15m after taxsin was gone,and i was thinking it get better............. and visa.....woow stay on 6month validity TR visa 3 entrys and for extension after i make maybe an idiot non ed or b visa just for renew drivinglicence 5 yr. what cant be done with tr visa.
my car problem numberplate police charge 400 baht 2 time , go shop give bluebook, they make copynumberplate,police charge again, i go trafic office, they tell me policereport,and letter of residence,,...immigration TR visa cannot issue letter of residence ok no new numberplate just now i have prepaired 200 baht under drivinglicence for police
ohhh hope get sudenly my money out of the country........................... and ed visa is same visa factory,,,,,,no married no 50 no legal stay
i was stupid to think it get better after taxsin off,,,,and the money taken before out when taxsin stay i invest again
ok my fault i know thailand for 20 years....ok in 4 yrs can get pension visa hahahaha if rules not be changed
Did Daddy give you 15 million to invest?
Posted 2009-12-26 02:54:47
lapamita, on 2009-12-25 23:07:09, said:
an idiot like me , investing 15m after taxsin was gone,and i was thinking it get better............. and visa.....woow stay on 6month validity TR visa 3 entrys and for extension after i make maybe an idiot non ed or b visa just for renew drivinglicence 5 yr. what cant be done with tr visa.
my car problem numberplate police charge 400 baht 2 time , go shop give bluebook, they make copynumberplate,police charge again, i go trafic office, they tell me policereport,and letter of residence,,...immigration TR visa cannot issue letter of residence ok no new numberplate just now i have prepaired 200 baht under drivinglicence for police
ohhh hope get sudenly my money out of the country........................... and ed visa is same visa factory,,,,,,no married no 50 no legal stay
i was stupid to think it get better after taxsin off,,,,and the money taken before out when taxsin stay i invest again
ok my fault i know thailand for 20 years....ok in 4 yrs can get pension visa hahahaha if rules not be changed
Sounds like you invested in the wrong company. I invested after Taxsin and doing very well, actually we are expanding as we cant keep up with demand. Hope things get better for your business!! Maybe you get the ED viss for the next 4yrs or if you really want to loose money get married (ha ha) Good Luck!!!
Posted 2009-12-26 08:52:02
@ecithai
i am not unhappy with my investment, but it was a wrong decission to think all get better. i am not having a company and not working......but maybe in the worst case i get on books as worker in a big company of my firend,,, nd paying tax for non working.
and if daddy would give me the money,,i would not complain, bcs it would not be my hard owned money ok
Posted 2009-12-27 15:02:03
canuckamuck, on 2009-12-25 22:34:02, said:
Jingthing, on 2009-12-25 22:22:09, said:
What percentage of current ED visa holders do you reckon have a spare liquid 10 million baht to invest here?
Why would anyone invest 10 mil here?
Same reason people were willing to pay 1,000,000 baht for Thailand Elite - to not have to worry about Visa issues anymore. It is quite a stressful pain in the ass. Some people who could have afforded Thailand Elite might not have liked the idea of giving away 1,000,000 baht - but might be willing to invest 10,000,000 baht - particularly if they live, save and invest in US Dollars and think the US Dollar might be headed for a tailspin
Edited by DegenFarang, 2009-12-27 15:10:04.
Posted 2009-12-27 16:57:00
It sounds like Catch 22.
If your Thai is poor you need classes, but cannot get a visa.............
Posted 2009-12-27 20:21:23
The solution is very simple, learn Thai, requirements are super reasonable, and you will have no problems with keeping your ED visa even if in the future there are some tests or whatever (no tests confirmed till now). The talk about 10 mil, 20 mil in the bank etc, wow, do you really have to make it that difficult for yourself? It is like trying to kill a mosquito with a nuclear weapon.
If you consider also how much more comfortable you will feel in Thailand if you learn this language, it will make the effort to learn it much more bearable (some give impression that it is a real pain in the butt to learn it). It is easier than you think, you just have to want to learn it.
It is amazing that it is still possible to meet foreigners who live in Thailand for 10-15 years and speak all together 10-20 words of Thai, the usual text we hear is something like 'I don't need to speak Thai, everybody I know speaks some English' Ok! I agree that it is possible to survive without speaking Thai in Thailand the same as some people who live, say, in the USA survive without speaking English but if you could speak Thai would you really deny that your life here would be more pleasant?
Regular routine of learning Thai 10 min. a day will produce miracles over a period of a year even if you find learning languages very hard. Think about it, 10 min a day? How much time we spend watching TV or doing other things that waste 10 min. a day, lets swap it for learning Thai!
Walen School - You just have to stick to it and you will be amazed!
www.thaiwalen.com
Posted 2009-12-28 06:42:10
Mario2008, on 2009-12-25 10:18:28, said:
DegenFarang, on 2009-12-25 15:23:52, said:
For the first time I think ever I'm going to side with the Thai's on this one. You are basically complaining that they make it inconvenient to take advantage of the law. It is for investment, not for people who will be living off of the money. If you want to stay for 20 years you'll need to bring 20,000,000 baht to make your example work, half for living expenses.
Can anybody confirm whether simply leaving 10,000,000 baht in a savings account will allow a person to renew an investment visa indefinitely without leaving the country?
A normal savings account will not do. You must invest it! A fixed deposit account will do.
Please correct me if I am wrong but I don't think its that simple?
Does not the 10 million have to be invested in Government Bonds or such like? Or through a BOI company?
Posted 2009-12-28 08:09:09
harrry, on 2009-12-17 13:15:28, said:
about time ? why is that then ? maybe ok for you on your retirement visa but what about the rest of us ?
Posted 2009-12-28 08:48:27
DegenFarang, on 2009-12-25 13:41:07, said:
jazzbo, on 2009-12-25 05:25:22, said:
I do think they should have some sort of version of the retirement visa for younger people who can show a certain amount of money in the bank or foreign income.
I guess there are 2 ways to look at this:
1) The Department of Immigration (Royal Thai Police) never thought of this when issuing the latest Police Order for basis of Extension.
2) They did think of this and rejected it.
So for 1) if it were over age 40 and 150K per month / 2 million Baht in-bank instead of the 65K per month / 800 baht for the current old fart crowd (myself included) would that make a difference? Then there would be others in that over 40 group who would say THAT is unfair (too much money) or the 35 year-olds who would say that THEY should be included as well.
How about any age and 10,000,000 baht in the bank or 200,000 baht per month in income...
That group is not a large one but it should be a very desirable one for them to have in the country.
Would superb.. As long as its MY bank and not some high risk uninsured deposit in a Thai bank. 97 still fresh in the memory !!
Posted 2009-12-28 08:51:35
dmax, on 2009-12-28 08:09:09, said:
harrry, on 2009-12-17 13:15:28, said:
about time ? why is that then ? maybe ok for you on your retirement visa but what about the rest of us ?
Quite simple....if you get an ED visa to study thai for 4 hrs a week do not lie when you get it. Attend the classes.
Posted 2009-12-28 10:36:56
macwalen, on 2009-12-27 20:21:23, said:
The solution is very simple, learn Thai, requirements are super reasonable, and you will have no problems with keeping your ED visa even if in the future there are some tests or whatever (no tests confirmed till now). The talk about 10 mil, 20 mil in the bank etc, wow, do you really have to make it that difficult for yourself? It is like trying to kill a mosquito with a nuclear weapon.
If you consider also how much more comfortable you will feel in Thailand if you learn this language, it will make the effort to learn it much more bearable (some give impression that it is a real pain in the butt to learn it). It is easier than you think, you just have to want to learn it.
It is amazing that it is still possible to meet foreigners who live in Thailand for 10-15 years and speak all together 10-20 words of Thai, the usual text we hear is something like 'I don't need to speak Thai, everybody I know speaks some English' Ok! I agree that it is possible to survive without speaking Thai in Thailand the same as some people who live, say, in the USA survive without speaking English but if you could speak Thai would you really deny that your life here would be more pleasant?
Regular routine of learning Thai 10 min. a day will produce miracles over a period of a year even if you find learning languages very hard. Think about it, 10 min a day? How much time we spend watching TV or doing other things that waste 10 min. a day, lets swap it for learning Thai!
Walen School - You just have to stick to it and you will be amazed!
www.thaiwalen.com
Mac,
So if all of your students follow this advice and start attending classes, what are your plans for expansion to accommodate the 500% increase in students? And do you think you will be able to keep your doors open in such an instance or will that be too much of a financial strain and you'll have to close up shop? If the answer is you'll be able to keep your doors open, then I think you must be price gouging us, no? Must be earning yourself a nice 50-80% profit on every course then...
Posted 2009-12-28 10:45:07
My experience was this week for the Immigration for ED Visa, actually today
Here is my situation. I have been going to school since about June I was taking it pretty seriously for the first 4 months but the last two I have slacked off because Parents and friends visiting.
So when I saw this thread I was like dam_n I am a little rusty.
So being the freak I am I studied the weekend just to get my Thai up to a somewhat working level again
Arrived Immigration, very busy today but the queue for Education Visa very small, only waited maybe 15 minutes
1. Greeted both with Hello and How are you (In Thai ) They both giggled with the How Are You, perhaps no one ever says it to them
2. Said My name both first and last in Thai you know Phom Chuu Name and Namsakuun Lastname
3. They did my paperwork as usual then asked me to go and see the women behind them
4. I greeted the women and first off she asked Can I speak Thai in Thai.. I say Can Yes In Thai of course! I was pretty nervous haha
5. She then went on to ask a few questions such as How Long you Study Thai, Why Do You Study Thai, How Long Will You Study Thai and What Days Of Week Do You Study Thai and a couple more I cant remember.
All the things I stuided for decided to leave me at that point, a little nerves but I managed to stumble through it by Saying I Speak Thai for 6 Months, She asked how long I will study thai for, I said pramaan Song Pii Cap I did have to ask her Chuay Phuut Chaa Chaa Nooy Cap a couple times, my listening skills to be honest are terrible. I was much better when she asked the question in english and asked me to translate... asking me in Thai was more difficult for me, something I got to work on.
I got my days of the week right but in my paper work my school had highlighted the wrong day, she questioned me about it, I just responded by giving her every day of the week in Thai
Everytime I started to talk English she said speak Thai hehe
Process took like 5 minutes, I think she was satisfied with my stumbling Thai, I do want to learn more and to be honest its kind of a kick in the ass to start putting more time into it.
oh yeah asked where i was from responded Phom maajak pretheet Canada
Thats it
Edited by zoddydc, 2009-12-28 10:47:36.
Posted 2009-12-28 10:53:59
I'd just be interested to know how well Mac can read, speak and write Thai..
I taught myself the Thai alphabet using a cheap book from Big C and an online website.. I continued to learn using other books and CD from Tuk Com.. If I needed any help I'd ask a neighbor, friends wife or just a stranger in a store or cafe.. They are usually only too happy to help. Been here over 10 years and I can happily converse with Thais about most daily events. I can read signs, menus, forms and most anything else I need..
I can write and type too but don't do it enough so my spelling suffers.. Life is much easier when you can communicate and I can't belive anyone would live in a foreign country without learning at least some of the language ( cue the ''It's to hard'' brigade )
It's not about going to school or what method. It's just about having the interest and commitment to study.
Whether you do it on your own or go to 'school'
For me I just don't like to have structured appointments.. So studying at hoem or work when I feel like it has been more productive..
As for Thais checking that visa applicants are actually studying.. What's wrong with that ?
Only wish that the UK would enforce English speaking ability on their visa applicants..
Posted 2009-12-28 11:18:13
jfchandler, on 2009-12-17 15:20:37, said:
One other issue to be considered...
I believe, the Pattaya-Jomtien immigration office has a reputation among the visa experts here as being somewhat a rogue operation at times, meaning, they don't necessarily exactly follow the national guidelines, but sometimes manage to invent and enforce their own peculiar implementation of things...
The fact that the original report here came from Pattaya-Jomtien makes me wonder if this is just one of their local peculiarities, or part of something broader in the country... I'm guessing it's the former...
Quite likely.
Posted 2009-12-28 11:24:36
jfchandler, on 2009-12-17 15:20:37, said:
One other issue to be considered...
I believe, the Pattaya-Jomtien immigration office has a reputation among the visa experts here as being somewhat a rogue operation at times, meaning, they don't necessarily exactly follow the national guidelines, but sometimes manage to invent and enforce their own peculiar implementation of things...
The fact that the original report here came from Pattaya-Jomtien makes me wonder if this is just one of their local peculiarities, or part of something broader in the country... I'm guessing it's the former...
Language schools are in business to generate income for Thais, and it should not be the business of the immigration dept whether their students progress or not, as long as you are paying tuition and have the proper paperwork. If language proficiency were the ultimate criterion, then they should also be testing the schools to see why their students aren't making progress. Identify the schools with good students and those with failures
If this were a blanket new policy - and I'm sure it is not- then the language schools should look at taking joint legal action against the immigration dept. Immigration is not qualified to test language, martial arts, or, in the case of the R visa, progress towards Buddhist enlightenment
Edited by sabaijai, 2009-12-29 14:52:43.
Posted 2009-12-28 11:56:29
zoddydc, on 2009-12-28 10:45:07, said:
My experience was this week for the Immigration for ED Visa, actually today
Arrived Immigration, very busy today but the queue for Education Visa very small, only waited maybe 15 minutes
1. Greeted both with Hello and How are you (In Thai ) They both giggled with the How Are You, perhaps no one ever says it to them
2. Said My name both first and last in Thai you know Phom Chuu Name and Namsakuun Lastname
3. They did my paperwork as usual then asked me to go and see the women behind them
4. I greeted the women and first off she asked Can I speak Thai in Thai.. I say Can Yes In Thai of course! I was pretty nervous haha
5. She then went on to ask a few questions such as How Long you Study Thai, Why Do You Study Thai, How Long Will You Study Thai and What Days Of Week Do You Study Thai and a couple more I cant remember.
....
Yep, that’s pretty similar to a conversation a student told me about after his December visit. (I posted earlier about it). He left me with the impression that it was more of general chat than an organized test.
For what it’s worth, I checked it out with my private student, a superintendent at immigration. She hadn’t heard about any changes. Obviously she doesn’t know everything that goes on in such a large ministry, and she’s with policing not doing desk work or policy, but given she has an interest in language learning, I reckon she would have heard if there’d been any big changes. So far it all looks pretty local, and very ad hoc.
I can only speak in relation to Bangkok, but I have yet to hear anything different from any of our students. It looks like so long as you make a modicum of effort and attend your classes; the ‘test’ isn’t anything to worry about.
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