What are the key takeaways from the interview with Mr. Naruchai Ninnad about Thailand's long-term residency visas?

@Andy ******

big time! Already got mine approved and excited to get my first stamp 😀

@Frank-Steven **********

however, the crucial point is, those schools and seminars need to be "government licensed". So in case of a random school or seminar, embassies will direct applicants to a Non-Imm-ED visa

@Nongnuch *******

Yes. I heard that, too. Hopefully that will prevent fake schools from popping up. Still wired that with a short term course one will seemingly get a 5 year visa.

@Frank-Steven **********

we can watch cooking schools popping up out of the blue like mushrooms after the rain 😂😂😂😂

@Frank-Steven **********

more so reconfirmed facts. He did mention Muay Thai, cooking classes, and music festivals, but no specifics on how to qualify using these activities

@Todd ********

Which is what I said all along, as it was based on the actual communication from the MFA which so many people tried to interpret a different way. I said this visa is a game-changer, which it is, as it is by far the best visa available. It is the new defacto retirement visa, which pays for itself for regular travellers

@Jim *******

it's such an enormous departure of history for Thai govt, that it is indeed, as you and many said, 'too good to be true'. U are right, it is indeed an absolute, instantaneous game changer for anyone under 50 and possible for some over 50 also. It's a 6 year residency visa for 11,900 baht with minimal qualifications. Amazing

@Todd ********

I easily qualify for LTR, but why pay 50,000 instead of 10,000? That part doesn't add up. Paying 50,000 to avoid visiting immigration once a year also doesn't add up. I guess I've got better things to do with my money than throw it at Thai immigration. To each their own

@Andy ***********

If you qualified, you would already have it like everyone else. It's been around for 2 years now. You didn't notice? Why pay 50k for 10 years instead of 20K? Again, if you can't figure this out, i'm not here to save you. You have been shown the clear advantages. And clearly you make so little that the tax exemption isn't a factor for you. But nobody who qualifies for LTR will even be looking at the vastly inferior product that DTV is. I think DTV is absolutely fantastic. And for some people under 50, the ease of qualification for DTV may lead them to choose DTV. My gf will have DTV soon. Great stuff overall. Get your DTV, it's a vast improvement on the way you have been doing visas here so far.

@Todd ********

I didn't get it when it came out, because like most smart Australians I was going for the 5+5 OX visa, which again trumps the LTR, on my next trip home. However, the DTV has altered my game plan. The taxation benefits are of no value to me (and I daresay many other retirees) as the only money I bring in is pension or superannuation money, which is non-taxable in Thailand. I have zero interest in investing in Thailand.

@Andy ***********

and yet, you somehow failed at getting O-X also….

Interesting.

The taxation benefits are obviously critical to anyone who actually makes money on earth. So of no concern to you as a pensioner. I have no idea why you are yanking yourself over saving maybe 30k baht over a decade and giving up the perks in exchange for trips to immigration. It’s beer money at best. If you never do a renewal over the next decade (1900 baht), you will save 30k baht over LTR. Over a ten year period lol.

Who cares? And by the sounds of things, you don’t have the resources to invest in Thailand anyway mate. Just enjoy the DTV.

@Todd ********

You've little idea and still insist on throwing out insults. Can't you ever grow up? I didn't get the OX because I haven't been back to Australia recently. I make stacks of money worldwide, but don't import it into Thailand, so I don't pay tax in Thailand, and hence don't require tax-free status in Thailand. Why would anyone invest in Thailand with better opportunities in many other countries? I imagine Canada doesn't offer the same benefits as Australia when it comes to Superannuation investment, and property investment negative gearing and sharemarket dividend imputation, so you don't have those same opportunities. But unlike you, I'm not going to throw insults at you, you've chosen your way, I choose my way. There's dummies out there paying 20,25 thousand baht each year to visa agents, and believe they're getting a good deal! That's 250k over ten years. No thanks. I use my money wisely.

@Todd ********

Again, the insults, when you know nothing about me. And obviously nothing about Australia! I'm not really retired as I have property investments in UK and Germany as well as Australia. (But, yeah, not Thailand 😂), so although I have a management team in each country I still like to stay hands-on. It seems you're trying to justify buying the LTR. I know from other forums there's a lot of very pissed-off LTR holders angry that a much cheaper alternative has now been presented. You're not angry, which is good for you, and great that you don't have to pay tax on your Thai investments, but I hope you can now understand that tax exemption for me in Thailand is worthless. I have triple-citizenship so I have to minimise my tax across the three countries of my investments. Australia's generous allowances for property investments means everything I own in Australia is negatively geared so I pay virtually zero tax there. I still fail to see how a global investor can get excited about tax-free status in Thailand.

@Andy ***********

you know guys who are pissed off over 30k diff on a 10 year visa. 😂😂😂😂😂 in exchange for tax free, no reporting and fasttrack lol. Cmon man. Ur just not being honest at all.

Justify it? It’s the best visa Thailand has ever had. And easy/fast to qualify. And yes - I have no doubt that you’ fail to see’ how a global investor enjoys tax free. That’s why you are here on a lousy visa making a go of it for 80k/month. As you say- to each his own

@Todd ********

Yep I know a few of them myself and take a look at some of the other Thailand groups. They are mightily pissed off. They are retirees so tax free makes zero difference. You seem to enjoy putting people down. You were stupid enough to pay over the top for a crap visa so you try to put others down. Very sad and insecure person. And I'm not "making a go" of anything. I spend 4-5 months of the year travelling around the world. The 80k is my "beer money" in Thailand. I'm just glad that my happiness in life is not based on not having to pay tax in Thailand! 😂😂😂😂

@Andy ***********

you know guys making a minimum of $3M baht per year who are ‘mightily pissed off’ about 30k baht for a far better 10 year visa lol??? Cmon Andy - you are either daft or a liar. Or both.

@Todd ********

Nothing to do with me. It's what I'm told and what I read. By the way, the LTR is a pissant $80k per year "passive" income. 😂😂

@Andy ***********

a pissant… and you couldn’t even make that work 😂😂😂 A bit embarrassing mate. I can understand how annoying this must be for you after struggling along with retirement extensions every year. Waste of time . But it’s nice you are able to make a go of it here anyway. It’s cheap. Good on ya

@Todd ********

Yeah, just didn't want to get ripped off 50,000 baht like you were. This new visa has you triggered. A few days ago you were telling people it was going to cost 10,000 baht every six months. Got that wrong too didn't you? Bringing in 80k play money each month hardly struggling, but if it suits your agenda to insult people smarter than you, go for it - it makes you feel better 🤡🤡🤡

@Andy ***********

lol. I’m happy they made visa eligibility that even you and the average 22 year old YouTuber can qualify for. I understand why you are so thrilled! Imagine the nights you will spend planning what you can do with the 3000 baht per year you saved!!! You must be absolutely pumped for this beauty visa! You can upgrade from pad krapow to shrimp pad thai once a week! Or rent a newish scooter for a month ! 🛵

Great times ahead for you. 👏🏼

@Todd ********

Don't eat Thai food. I eat out at western restaurants and drink only imported beer. I'm not making the kind of money I am to live cheap like you do. A few months ago you were telling people to use a visa agent to save putting 800k into a Thai bank account! 😂. Now you're telling us you've got the LTR. Bit of a liar huh? 🤡🤡🤡

@Andy ***********

‘western food’ big excitement there mate. And imported beer! Wow high roller 😂- you and the YouTubers are gonna live it up on your new visa. What will you do with the 3k baht you saved every year over LTR??

I always tell people to use an agent over the 800k method. Not exactly rocket science is it? Anyone with finance 101 can figure that out. What does my visa have to do with that? Most aren’t in the LTR tax bracket. And like you, they don’t mind standing in line every year at the bank and immigration. It’s not like you have anything better to do.

@Todd ********

It seems you're the one unable to qualify for the LTR as it seems you need an agent to get you your POS visa 😂😂😂. I don't stand in any line buddy, I'm way above that 😂😂😂

@Todd ********

You being triggered over the DTV has me rolling in laughter. Enjoy your 40 baht Krapow with your other Cheap Charlie mates! 😂😂😂

@Andy ***********

man you are perceptive!! So many of us ‘triggered’ by our 10 year tax free, multiple entry, no reporting, tax free, fasttrack visa.

Can you help me by walking me through the steps you take to lick 🥜 🥜 at the bank and immigration every year and how you handle the 90 day reporting? It sounds like a dream. Do you have to save some baht every year for the multiple entries for trip to aus? You could also maybe teach us how you failed at LTR and O/X so we can understand better?

@Todd ********

Never failed at LTR or OX. Reason LTR is overpriced for what it is, OX I needed to be in Australia and haven't been for a while. I don't do 90-day reports because I'm never in the country that long. Bank statements are downloaded. Immigration is a 45 minute doddle every year. With the DTV no more re-entry permits required, that's why I'm switching. I always fly business class so I go to priority lane at immigration. I'm already tax-free.

Sorry about your overpriced visa. There's a mug born every minute 😂😂😂

@Todd ********

I think someone who paid 50,000 for a visa instead of 10,000 is the failure. You're the one whining like a wounded cat. It's great having 80k play money every month. Take a look around at the perpetual border bouncers who live in Thailand on 10,000 baht a month. They're the jokers. No crap street food for me 😂😂😂