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Foreign property owners now allowed to return to Thailand


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Farookin' ridiculous! Three million Baht earning 0.1% in a Thai bank plus another half million doing nothing in your home country - just how anxious do they think people are? Expect a lot more co

So punters drop eg 5 to 15 million baht on a home and now need to show 3 million to use it   Sounds fair 

Let's face it...this is just another step on the road to clearing out foreigners (apart from their brothers and sisters in China).......It is all part of going down the (silk) road to become the next

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6 minutes ago, Teee said:

So...people with property already and living in Thailand are they required to have 3mil in the bank now and 500k sitting in a bank account not to be used??

 

 

If their visas or permissions of stay are about to run out, then yes - some people renewed or went the agent way, but buddha forbid you exit the country - there are them requirements to get back

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On 10/9/2020 at 11:34 PM, Brunolem said:

First they destroy their tourism industry by creating, then suspending for no clear reason, a new 9 month tourist visa.

 

(Note that the Chinese who were ready to embark on the first flight to Thailand, cancelled at the last minute, may not be reimbursed for their fully prepaid voyage).

 

Now they are up to destroying their real estate industry by telling foreign buyers that their investments in Thailand's condos don't matter...what really matter is the cash they deposit in Thai banks.

 

What's next?

there is a newer story in which Thai immigration admits that no Chinese actually applied for a STV, all that had were "inquiries".   

 

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On 10/13/2020 at 5:45 AM, jabis said:

If their visas or permissions of stay are about to run out, then yes - some people renewed or went the agent way, but buddha forbid you exit the country - there are them requirements to get back

Source?

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On 10/10/2020 at 6:13 AM, Forza2002 said:

Xenophobia is rife in Thailand at the moment. The Thai Elite doing everything in their powers to reduce the number of Farang, Guilo's coming to Thailand...  

I think the real reason is Thai elite with their Chinese brothers wants to drive down the prices of real estate market, than buy it for half price as now, when they manage to do it in a year or two they will allow foreigners back into Thailand and they can purchase the same condo for 2x higher prices. Only now it shows how unsafe was Thailand in last 6 years and theyve lied about it. 

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On 10/13/2020 at 2:19 AM, lkv said:

I do like your post, nicely written.

 

But I will disagree with this part.

 

The writing has been on the wall with this administration since 2014.

 

Should I remind you about tracking sim cards for foreigners ideas? Or wristbands more recently. To keep the nation safe of covid?

 

Or how foreigners were given a form at Immigration to detail the bars they go to, the malls they visit and so on, a few years ago?

 

Should I remind you of the TM30 video, in which the foreigner was the bomber that will blow up your residence, and Thais were advised to "be safe" and report the foreigner?

 

What does half a million baht have to do with tourism, for 6 months in an account?

 

And you think they are not being racists and xenophobic?

 

In Europe, Anutin would have been sacked, and other members of the government would start apologising on his behalf.

 

Did you see that happening in Thailand?

 

So yeah, nice post, but I feel it missed the big picture.

None of this except the obligation to show my passport when buying a new sim card (like I would have to do in Europe, too) ever happened to me. 

And it's my life that counts. 

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4 minutes ago, micmichd said:

None of this except the obligation to show my passport when buying a new sim card (like I would have to do in Europe, too) ever happened to me. 

And it's my life that counts. 

I have never bought a sim in Thailand. My wife buys them for me........in her name. Officially I own nothing and subscribe to nothing in Thailand.

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