@Andrew ******

are you positive that ever hit the royal gazette? I recall that being a proposal but nothing more. I think there’s a BOI program where a BOI company can own land, but for commercial use.

FYI: Foreigners can only own designated condos. Land ownership is reserved for Thais.

@Jean-Maurice *******

you complained about a paltry $100 when the Thai government is letting you stay here doing absolutely nothing to contribute to society for 5 fucking years. The criticism is valid.

The number of people complaining over such a small amount of money is proof this was such a terrible decision by the Thai government. Cheap people who aren’t going to spend money will not bring the tax revenue the governed hopes to see.

@Rob ********

it does. $250k investment. Wealthy Global citizen is $500k.

@Rob ********

you’re confused. Wealthy pensioner does not have a net worth requirement. Wealthy global citizen has the net worth requirement. Both require an investment into Thailand.

@Rob ********

no it isn’t. It started in April 2022. There’s already a number of people on it.

@Rob ********

have you ever received an LTR visa using RE as proof of net worth? BOI did not accept that for a number of people who applied and even stated in a video that it needed to be liquid funds.

@Rob ********

I wasn’t talking about you specifically. I meant “you” in the global terminology. But, the same also applies for LTR. They don’t care if you have 100 million in RE. They won’t count it.

@Rob ********

you cannot show property asset value to the Thai government as financial proof. They won’t use it. They want to see funds that are liquid. You can’t use 401k or IRA balances. Sometimes non-qualified accounts will work, but not always. If it’s not in a cash account, you can likely disregard it. I don’t disagree with you, but this is how the Thai government is. I’ve been living here awhile and I’m a high earner like you so I’ve been through the bureaucracy many times.