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New condo buyers offered visa and Elite Card but stranded expats are left out in the cold


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7 hours ago, Mr Meeseeks said:

Who buys property to live in, in a country where they have no right to reside?  🤔

 

 

In other words where they don't have a passport or citizenship? That pretty much leaves only their home country, meaning that the term 'expatriot' is antiquated. 

 

You pays your money and you takes your chances. 

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The current situation should be a warning to anyone considering buying anything.   If you can't access your property for what might be a year, is it really yours?  

Pretty clear that they don't want foreigners coming in at the moment and that is both justifiable and understandable given current circumstances and public opinion.   When will these people

It shows their complete contempt for the those that invested their savings and retirement funds already and then want to attract more  by offering sweeteners.    It is sadly a stark warning to

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Have to agree with some on here 

We are guests unless you go for Thai citizenship 

I consider Thailand my home as family here but I was never under the impression i have same rights as a Thai has

no matter how long or how much you invest here 

 

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7 hours ago, khunpa said:

Rule no. 1: Only invest in what you can feel comfortable to lose and walk away from.

 

That goes for love-/family life, condo purchases, business setups... basically EVERYTHING here.

 

If you can't do that, then expect to end up disappointed. If not from Covid, then for sure one day, when you get old, sick and run out of money. 

Bleak outlook, but has some truth. 

 

I can hardly wait to hear Rule #2. 

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3 hours ago, davidmann said:

about. time somone said what the problem is where did it start. ,all the world is suffering   , Health/Death/Economy ,WHY.  all due to the Chinese eating wild animals.  People dont  earn enough buy normal food like the rest of the world. 

But, but, but..... to the Chinese EVERYTHING is 'normal' food. 😒

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Just now, Mr Meeseeks said:

Many countries have permanent residency, you don't necessarily have to be a citizen. 

 

Buying a property of significant value when you are on a temporary visa seems like total folly to me.

 

It's almost like you are asking to be done over.

Note that many of those 'many ' countries require significant investments in time and/or money for such residency. 

 

Look, many countries are grappling with the same problems now, Thailand is hardly rogue. Seeking any safe long-term residency in any country is now a fool's errand. 

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8 hours ago, ukrules said:

The current situation should be a warning to anyone considering buying anything.

 

If you can't access your property for what might be a year, is it really yours?

 

For starters It Never is or will be.

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New condo buyers offered visa and Elite Card but stranded expats are left out in the cold.

 

This is only a  Dangeling Carrot  to get some Rich Newbies and Relieve them of their Money.

They don't worry about the people that have already spend theirs buying  up.

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38 minutes ago, RocketDog said:

Bleak outlook, but has some truth. 

 

I can hardly wait to hear Rule #2. 

Easy....See Rule #1 😊

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8 hours ago, webfact said:

Many were obliged to leave Thailand at the start of the pandemic due to bereavements and health issues. They didn't want to go but had to.

Hardly...dead people are dead-nothing they could do for them; and Thailand has generally very good healthcare.

Edited by Pattaya Spotter
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34 minutes ago, Mr Meeseeks said:

Many countries have permanent residency, you don't necessarily have to be a citizen. 

 

The clue was in my previous post, "right to reside".

 

Buying a property of significant value when you are on a temporary visa seems like total folly to me, certainly in a country like Thailand.

 

It's almost like you are asking to be done over.

Spot on @Mr Meeseeks

I was going to comment on your previous post but you've sort of said it for me.

 

I decided, back in the early nineties when the "buying through a company" method went under the microscope that even owning a condo in such a country was foolhardy. That was countered by the "30 year renewable leases" scheme which is so full of holes as to be risible.

 

Every development since has reinforced my opinion. 

 

Thing is, some of the "old-timers" on TVF have used these schemes, some successfully too.....so far.

To me, buying but not really owning one's own home is cause for sleepless nights.

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10 minutes ago, Pattaya Spotter said:

Hardly...dead people are dead...nothing they could do for them; and Thailand has generally very good healthcare.

Agree....a good friend of mine lives in Jomtien and his 95 year old mother with whom he was close, died in May in UK.

For obvious reasons, he did not travel to the funeral - at that time he should have isolated in UK for 14 days and then he could never have got back into Thailand.

 

But....despite the fact that he would have liked to have attended, funerals are not for the dead - they're for the survivors.

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Just a question really , I’m ok as I’m currently on an o-A extension 7th year , no plans to leave Thailand any time soon , especially as I won’t be allowed back in .. I have 3.7million baht in two Thai bank accounts .. if you are stuck in another country and have money banked in Thailand is it possible to transfer it out to your , ( say for example in this case UK account , from the UK ? ) 

I enquired that question yesterday in my local Bangkok bank , and was told you can only close your account or transfer money from within Thailand ....  I’d imagine there’s a few frustrated people out there that can’t get back in yet ?  

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13 minutes ago, VBF said:

Agree....a good friend of mine lives in Jomtien and his 95 year old mother with whom he was close, died in May in UK.

For obvious reasons, he did not travel to the funeral - at that time he should have isolated in UK for 14 days and then he could never have got back into Thailand.

 

But....despite the fact that he would have liked to have attended, funerals are not for the dead - they're for the survivors.

Yes I can understand, my mum is 90 and in poor health .. I’ve told my sister if the worse happens I won’t be able to come home under the circumstances... she’s not happy but what can I do . 

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9 hours ago, webfact said:

 

This person has made their life around Thailand for more than three decades but was recently told by the TAT in London that the prevalence of the virus in the UK made any applications to come back from there pointless. 

Why not apply for an O-A visa? This allows people to travel from the UK as clearly set out on the London Embassy website. TAT quote is a red herring as it obviously refers to the STV scheme

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