Jump to content
BANGKOK
onera1961

Agent Assisted Retirement Visa vs Thai Elite Visa

Recommended Posts

11 minutes ago, Exploring Thailand said:

Quick question: with the new requirements, do you not have to provide proof of 400k in you account throughout the year? How is that handled if you go the agent route?

Seasoning of funds before and after has been waived

Share this post


Link to post
Share on other sites
2 minutes ago, Olmate said:

Seasoning of funds before and after has been waived

Can you expand on that a bit? Waived by whom, when? You say before and after has been waived, but what about the 400k during the entire period. Don't you have to provide proof of that?

Share this post


Link to post
Share on other sites
2 minutes ago, Exploring Thailand said:

Can you expand on that a bit? Waived by whom, when? You say before and after has been waived, but what about the 400k during the entire period. Don't you have to provide proof of that?

Probably ask an agent but it’s doubtful they will give you details, it’s generally assumed the 800 is deposited in your account, no seasoning and no post approval check forthcoming, so 800 is withdrawn, at least that’s my understanding.

Share this post


Link to post
Share on other sites
Probably ask an agent but it’s doubtful they will give you details, it’s generally assumed the 800 is deposited in your account, no seasoning and no post approval check forthcoming, so 800 is withdrawn, at least that’s my understanding.

Only last night I was talking to a mate who has a (legit) retirement extension and he has to provide bank statement & letter, every time he does a 90 day report.
This is seeming to get more difficult every year!


Sent from my iPhone using Tapatalk

Share this post


Link to post
Share on other sites
3 minutes ago, DILLIGAD said:

Only last night I was talking to a mate who has a (legit) retirement extension and he has to provide bank statement & letter, every time he does a 90 day report.
This is seeming to get more difficult every year!

Right. I'm not clear how agents can circumvent that requirement.

  • Like 1

Share this post


Link to post
Share on other sites
2 hours ago, jacko45k said:

My knowledge is the agent handles all needs, and the 'somebody' need not go to immigration at all. 

Makes sense. But then it would seem impossible to break free of the agent because, on the next extension, the "post" seasoning from the last one will be seen as having been unsatisfied.

Share this post


Link to post
Share on other sites
Right. I'm not clear how agents can circumvent that requirement.

Like everything in Thailand, with money to corrupt people wearing uniforms& medals.

 

 

Sent from my iPhone using Tapatalk

  • Like 1

Share this post


Link to post
Share on other sites
On 10/10/2019 at 7:05 PM, scubascuba3 said:

Sounds a no brainer for you. An METV every time you head back home

 

Thai Embassy in US will not issue METV to retirees. Have to show proof of being employed or a full time student.

Share this post


Link to post
Share on other sites

Only last night I was talking to a mate who has a (legit) retirement extension and he has to provide bank statement & letter, every time he does a 90 day report.
This is seeming to get more difficult every year!


Sent from my iPhone using Tapatalk

I did my 90day reporting in CM last week and nothing required other than passport. Where does your friend do his reporting?


Sent from my iPad using Thailand Forum - Thaivisa mobile app

Share this post


Link to post
Share on other sites

I did my 90day reporting in CM last week and nothing required other than passport. Where does your friend do his reporting?


Sent from my iPad using Thailand Forum - Thaivisa mobile app

Sisaket. A ‘normally’ very helpful & reasonable office.


Sent from my iPhone using Tapatalk

Share this post


Link to post
Share on other sites
On 10/10/2019 at 7:02 PM, uncleeagle said:

what if elite visa holders above 50 are told they need to buy health insurance? things are changing very quickly, the changes seem driven by money and xenophobia, maybe an element of racism, not by logic and evidence. the elite visa may be riskier than people think.

 

I am weighing elite visa also, for myself as a contingency IF the insurance requirement ever gets extended to extensions of stay on O visa and definitely for an elderly relative who may need to come stay with me in the not too distant future.

 

I think if insurance is made a requirement for elite it would not be retroactive to already issued visas.

 

Also, it might well just come under tourist entries (as elite is considered a type of tourist visa) and that is very, very unlikely to involve purchase of a local policy, more likely a scheme whereby tourists are all charged a flat small fee on entry and govt sets up a fund.

 

If sure of intent to stay here for next 20 years and can afford it I think 20 year elite would be best option. Personally I would be wary of using Agent to circumvent requirements, no telling if or when that will be stopped and what sort of implications for people who used them. Also not yet clear if agents can help on the insurance front.

 

OP it is not clear that insurance would not be required if you do an extension of stay after entry under an O-A visit. Interpretations differ on that. One TV member contacted TI info line (1178) and was told that if it is a first extension of stay it will come under the insurance requirement. Others think this is incorrect.  You might like to ask your own Imm office and see what they understand to be the case.

  • Like 1

Share this post


Link to post
Share on other sites
48 minutes ago, DILLIGAD said:


Only last night I was talking to a mate who has a (legit) retirement extension and he has to provide bank statement & letter, every time he does a 90 day report.
This is seeming to get more difficult every year!


Sent from my iPhone using Tapatalk

Which office is that?

Share this post


Link to post
Share on other sites
On 10/10/2019 at 7:25 PM, looking for LIFE insurance said:

If your goal is to avoid the hassle of TM30 & 90 Day check-ins you should clarify with TE.

I bought mine 20 years ago.  Lifetime, 1M BHT.

I have to do TM30 & 90 day check-ins.

The upside is from entering Immigration to getting into my car is 35 minutes.  Very fast today, but usually no more than 40 minutes in/out.

TE does not avoid need to file 90 day reports and TM30s. They can help do the 90 day but not the TM 30.

 

However depending on where you live both can be done online which is far easier than sending off your passport to TE office.

 

I would not focus on the reporting part.

Share this post


Link to post
Share on other sites
On 10/10/2019 at 10:53 PM, onera1961 said:

 

METV requires bounces, timing the bounce, it is like a routine which I have avoided since 2016 and don't want to get into it. Now I am unfettered, unchained and want to live like that. Even two bounces with extension requires immigration office visits and it comes with the hassle of TM30, 90-day report, etc. Also, I have to get METV every year that requires applying every year etc. It reduces freedom to just book the ticket and go a suits me. O-A was ok for me as I needed to apply every two years and getting a reentry permit at the airport is super easy - just hand over the passport and 1200 BHT. Done after 15 min at most. 

 

I have ruled out METV. THe choice is between EV and agent assisted retirment visa without  keeping any money in the bank. If I have to keep 800K in the bank and forget it, I can as well spend another 200K and get 20-year EV and forget all the non-sense of yearly renewal, TM-30, 90-day reporting etc. And I am more certain of EV not requiring any insurance than retirement in the future. 

 




 

 

You cannot get an METV in the US unless you show proof of current employment. I looked into it.

 

BTW I just contacted the agent mentioned in this thread re possibly bringing my elderly relative here. They are saying they can arrange the extension if she can get an O visa from home country but (1) I think we could do that on our own also and (2) I don't think US will issue an O to a retiree only O-A.

 

So far no info from them re insurance aspect

Share this post


Link to post
Share on other sites
1 hour ago, Carolina Reaper said:

Makes sense. But then it would seem impossible to break free of the agent because, on the next extension, the "post" seasoning from the last one will be seen as having been unsatisfied.

I used the term 'my knowledge' which on second thoughts is more realistically put as 'talking to a pal in that position!' I believe the person has little choice. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...