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nickt092

Long Term Viability of Living in Thailand

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Guys,

What are your thoughts on living in Thailand long term?  I have been going to Thailand for the past 5 years on exempts and TR Visas for about 6 months during the year.  When I first started the trips the idea was to make Thialand home.  I found a GF and over all things have been good.  The overall show stopper is Thailand immagration now and in the future.  While I haven't been called out by IM, as an early 30yr traveler, I expect there to be changes in Thailand policy over time.  With that in mind my plan was to: 

 

Buy the Thai Elite 20 yr Visa

At Age 50 switch over to the Non-OA

 

The issue is there has been so much change over the past 5 years in their policy including:

Rejecting certififed embassy letters showing bank statements

TM30

Holding of 800k funds in Thai Accounts

Health Insurance

90 day reporting

 

How do you all do it?  From the US, I have traveled to other countries have have world exposure.  The only other country that I have found this behavior is China.  While china requires 24hour reporting they don't even have that 90 reporting BS.  I'm actaully scared <deleted> lles to set up a domicile in Thailand.  Its like if the winds change direction, your ass is out, or fined, or jailed!  Even just moving around having to refile a TM30 is a hassle.  I was looking at the online regestration and as a renter, I can't fill it out without a supporting landlord. 

 

Can I just show up at the IM Office with a TM30 signed in hand and say "here you go, reporting as ordered, do with it what you want with the paper?"  It seems they want additional details?  How do you guys file this?  Have most landlords been supportive of this?

 

It seems that Thailand has chosen good guys out too at this point as comparing them to their neighbors.... well they are just more welcoming.  It sucks for myself and the GF.

 

 

Edited by nickt092
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Curious! Did you just discover TVF? Or, why did you wait so long to partake?

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2 minutes ago, neeray said:

Curious! Did you just discover TVF? Or, why did you wait so long to partake?

Long time reader, just didn't think it was applicable to me.  I was thinking the situation would either fix itself or I would just leave.  I'm leaning towards the later just on the bases of "Go where you are treated best."  But idk, am i missing something?  Does thailand offer something that justifies their actions?

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1 hour ago, nickt092 said:
19 minutes ago, 4MyEgo said:

I have been here for 4 years now, and it's not that bad

 

1 hour ago, nickt092 said:

 

How do you all do it?  From the US, I have traveled to other countries have have world exposure.

While I haven't been called out by IM, as an early 30yr traveler,

World exposure, early 30's, been here 4 years.  You were either born with a silver spoon or became rich quickly. 

Either way you sound like you can afford an Elite Visa.   

Not how most on here "all do it"  as we have retirement visas and are twice your age or more 

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11 minutes ago, nickt092 said:

By chance, what does Thailand's divorce laws look like.  Personally I have sworn off marriage based on today's western family courts.   What does a divorce look like in thailand?  Not saying planning for a divorce but imho there is always risk for that.

I have heard its usually a 50/50 split, that said, the last thing I would want is to end up in a court.

 

Been with mine 13 years and if we ever split, I would just walk away, she would end up with about 10% of my worth, the other 90% is back in the old country and I have a prenuptial there in place, not that she would even attempt to get any, she is that kind of gal, that said, if she ever did, it would be moved out with a touch of a keyboard key.

Edited by 4MyEgo
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25 minutes ago, Skallywag said:

World exposure, early 30's, been here 4 years.  You were either born with a silver spoon or became rich quickly. 

Either way you sound like you can afford an Elite Visa.   

Not how most on here "all do it"  as we have retirement visas and are twice your age or more 

Sure and agreed.  But I view the thai elite visa as a bribe and while i could swallow my bride and just pay.  It still puts you on the hook for tm30 and 90 reports.  So with that in mind for people that live in thailand, does the 90 day reports just become habit or do you hate/regret entertaining this concept?

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1 minute ago, nickt092 said:

So with that in mind for people that live in thailand, does the 90 day reports just become habit or do you hate/regret entertaining this concept?

It is a trivial effort..... I do it online, and when accepted, quickly put a reminder in my email for the next one. The chore is the annual Extension renewal, as I live a little far from the office. 

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I've been coming here and living here since 2015 as a retiree (original O-A visa). I am from the US. From what I read on social media it does appear that there has been significant change to Thai immigration rules in the last 5 years. Of course, I (we) never lived by the old rules. No one can predict the future but that includes your future. If you are in your 30's then it is just as improbable that you can predict what you will be doing and what you will want 30 years from now. It is fine to have a goal, Elite visa > retirement, but you need to be realistic and flexible.

 

Generally speaking, if you have sufficient retirement resources than Thailand is a reasonable a choice as any. A lot of discussion revolves around affordability. Some around culture. Some about freedom (relative to your home country). Take the Thai immigration changes you mentioned:

 

Rejecting certififed embassy letters showing bank statements - Thai Immigration haven't rejected the income affidavits. The 4 countries themselves decided not to give them out anymore presumably because they were ask to better verify the claimed income. Other countries continue to give them out.

 

TM30 - This program is not good but for most immigration offices this has been considerably relaxed. You only need to report after international travel.  I do think most landlords are cooperative but that is just my opinion. Online registration is now easier from what I hear. In many places you can report yourself and in the end the fines are not excessive.

 

Holding of 800k funds in Thai Accounts - This is what I mean by having sufficient retirement resources. I just leave the 800,000 in the bank all the time. It has made yearly extensions very easy. Otherwise there is the monthly income requirement which is a pretty low income 65,000 baht/month ($2,200 USD/month) but still a stretch for some people.

 

Health Insurance - still early days on this one but if you arrive on a non-immigrant O visa there is no insurance requirement. Decide for yourself if you want to speculate on whether this requirement will be applied more widely.

 

90 day reporting - I don't know why this is hated by so many people. It's pretty easy to do and is free. If you travel outside the country at all then you don't have to do it as much (or at all). Yes, it is a trip to the immigration office.

 

Note also, that immigration changes are not unique to Thailand. They change in the US where it is a hugely divisive issue. US immigration rules can be harsh as well. There are trade-offs. I like what one person wrote once: That getting into a western country (as a long stay expat) is very hard but once you are in they pretty much leave you alone. Getting into Thailand is easy but they do check up on you pretty often.

 

It sounds to me that you are overreacting but maybe a 5 year Elite visa, if you can afford it, would be a good start. 

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3 minutes ago, Martyp said:

I've been coming here and living here since 2015 as a retiree (original O-A visa). I am from the US. From what I read on social media it does appear that there has been significant change to Thai immigration rules in the last 5 years. Of course, I (we) never lived by the old rules. No one can predict the future but that includes your future. If you are in your 30's then it is just as improbable that you can predict what you will be doing and what you will want 30 years from now. It is fine to have a goal, Elite visa > retirement, but you need to be realistic and flexible.

 

Generally speaking, if you have sufficient retirement resources than Thailand is a reasonable a choice as any. A lot of discussion revolves around affordability. Some around culture. Some about freedom (relative to your home country). Take the Thai immigration changes you mentioned:

 

Rejecting certififed embassy letters showing bank statements - Thai Immigration haven't rejected the income affidavits. The 4 countries themselves decided not to give them out anymore presumably because they were ask to better verify the claimed income. Other countries continue to give them out.

 

TM30 - This program is not good but for most immigration offices this has been considerably relaxed. You only need to report after international travel.  I do think most landlords are cooperative but that is just my opinion. Online registration is now easier from what I hear. In many places you can report yourself and in the end the fines are not excessive.

 

Holding of 800k funds in Thai Accounts - This is what I mean by having sufficient retirement resources. I just leave the 800,000 in the bank all the time. It has made yearly extensions very easy. Otherwise there is the monthly income requirement which is a pretty low income 65,000 baht/month ($2,200 USD/month) but still a stretch for some people.

 

Health Insurance - still early days on this one but if you arrive on a non-immigrant O visa there is no insurance requirement. Decide for yourself if you want to speculate on whether this requirement will be applied more widely.

 

90 day reporting - I don't know why this is hated by so many people. It's pretty easy to do and is free. If you travel outside the country at all then you don't have to do it as much (or at all). Yes, it is a trip to the immigration office.

 

Note also, that immigration changes are not unique to Thailand. They change in the US where it is a hugely divisive issue. US immigration rules can be harsh as well. There are trade-offs. I like what one person wrote once: That getting into a western country (as a long stay expat) is very hard but once you are in they pretty much leave you alone. Getting into Thailand is easy but they do check up on you pretty often.

 

It sounds to me that you are overreacting but maybe a 5 year Elite visa, if you can afford it, would be a good start. 

Much appriciated.   Thanks.  I have the tendency to over think 🙂

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