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Answered6 years ago

What is the approval time for the Thailand Elite Visa and what happens to existing visas?

Christopher ******
asked Aug 13, 2020
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I thought I saw a post about this before, but I am in Phuket and considering Elite Visa just because they win - what type of approval time have you experienced? Gonna get started but I think (tbc their lawyer response) they cancel any visa you hold in order to approve, and I have a few things to do that require I maintain my wp/non imm B as long as I can...
Answer summary
The discussion revolves around the approval time for the Thailand Elite Visa, with experiences ranging from 4 to 6 weeks for processing. It is noted that any existing visas must be canceled when applying for the Elite Visa, which raises concerns for individuals needing to maintain their Non-Immigrant B visa and work permits. One participant mentioned planning to sell their company before transitioning to the Elite Visa due to potential complications.
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Christopher ******
Christopher ******
OP
Currently leaning against the option (I go back and forth everyday) since I am worried that even in 1 years time the hurdle to entry will include a quarantine so better to just buy when I’m ready to endure that. Still a shame Immigration and work permit people could not have agreed the amnesty extended possibility of renewing work permits. Stuck in Phuket early June, I couldn’t leave because of airport closures and curfews, yet the work permit labor dept don’t care and just can’t renew the wp I’ve had since 2007 - nice job guys. Planning to sell or close company now.
Rich ********
Rich ********
It took about 4 weeks to get the approval and now I just need to pay.. this week it should happen
Thomas ********************
Thomas ********************
There's another approval ("financial department") after the payment goes through. I think mine took 4-5 business days.
Christopher ******
Christopher ******
OP
Well I just own my company here so just trying to sell it before Elite visa kicks in and they cancel visa and wp, in fact might not even matter
J ***********
J ***********
@Christopher *****
dm me about your company- interested
David ***********
David ***********
Yes
David *********
David *********
Yes any other visa you hold needs to be canceled. No working on a Thai elite visa.
Garrett ***********
Garrett ***********
Plan on 6 weeks.
Christopher ******
Christopher ******
OP
@Garrett **********
better get going then! Thanks
Thomas ********************
Thomas ********************
Cheers! Best of luck.
Thomas ********************
Thomas ********************
So, I lost maybe 7-8 bizz days due to these details.
Christopher ******
Christopher ******
OP
@Thomas *******************
it is always something! I have BBL too, but hope a credit card would work, no problem for limit but since I guess it isn't a "swipe" it might be different. Thanks for the heads up!
Thomas ********************
Thomas ********************
I couldn't. Typically there are daily and monthly limits on credit cards. What I found out was that

1. I could only transfer ~100k baht pr day from Denmark to Thailand. And

2. Once I had the funds in Bangkok Bank they were being a bit bitchy about the inside-country transfer. Main problem was they wanted the "juristic number" of Thai Elite. Sort of company registration/id/some such. Not easy to find. It's

0105546103468
**********
*****
*****
468

for anyone keeping score.
Daniel ************
Daniel ************
@Thomas *******************
dbd online ... uts company id
Thomas ********************
Thomas ********************
I did it in April-May and it was pretty much 6 weeks. I could've perhaps done a week or so better, if it wasn't for my banks being a pain in the behind. I have also been lead to believe they process the thing faster now.
Christopher ******
Christopher ******
OP
@Thomas *******************
what was the problem with the bank? Can you just pay by credit card?

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