Several neighboring countries compete with Thailand for foreign retirees

Thailand offers a multiplicity of long-term visas for women and men well past the first bloom of youth. They include annual extensions of stay, the 5-20 years Elite visa and the 10 years Long Term Residence (LTR), each of which has its own scale of charges with assorted pluses and minuses. None of them allows direct ownership of land by foreigners, nor guarantees a path to permanent residency or citizenship. Purchase of condominiums is allowed but does not generally result in visa concessions. Since January 2024, anyone spending six months or more in the kingdom may be liable to personal income tax on remitted income.

Malaysia has had a 5-20 years My Second Home program since 2002 but there have been a succession of changes, including the requirement to purchase and retain a property and associated land (100 percent in their name) in order to spur growth in the local market. Perks include obtaining visas for spouses, parents and children under 34 years. Unlike Thailand, Malaysia imposes the requirement to live in the country for at least three months per year, although a dependant relative can substitute where the visa holder is still of working age. Malaysia is not currently insisting on foreign tax residents paying tax on remitted income from abroad.

Cambodia seems to have abandoned an earlier second home campaign, but the Retirement ER visa gives one year which is annually renewable. Retirees aged at least 55 years do not need to provide written proof of status or finances. Property ownership laws are strict and similar to Thailand’s. In theory, Cambodia requires foreign residents to file and pay taxes on their foreign income, but there are few signs of enforcement for this kind of visa. Cambodia allows foreigners to purchase citizenship provided they invest or donate US$300,000, an offer taken up with alacrity by rich Chinese in particular.

The Philippines offers a Special Resident Retirement Visa (SRRV) which offers a renewable two-year permanent residence ID card. Those over 35 years must deposit US$50,000 in a Philippine bank (less for pensioners), which can later be used to help buy a condominium unit, and show proof of a monthly income. Remitted cash from sources outside the Philippines is not subject to tax. Foreigners can lease land for 50 years with extensions for 25 years more. The Philippines are unique in the region for granting a notional permanent residency from day one of the SRRV.

It follows that the issues for longstay retirees in the region vary country by country. None offers the kind of dual citizenship or second passport which are common in permanent residence visas throughout the Caribbean for instance. Malaysia and the Philippines offer favorable tax conditions for foreign retirees, although Thailand offers a range of tax privileges in the Long Term Residence detail. Property ownership remains problematical across the region, although the purchase of condominiums or long-term leases is common. Use of local nominees to buy property or to conduct business is extremely risky throughout south east Asia. Cambodia probably offers the easiest bureaucratic route to longstay retirees, but the country lacks the kind of infrastructure westerners are used to. There are no sure answers, just individual preferences and priorities.

Source: PattayaNews

Thailand set to introduce “Double Tourist Visa”

A leading government figure has said that #Thailand is about to introduce a “Double Entry Tourism Visa”.

This will enable a visitor to go in and out of Thailand to neighboring countries such as Cambodia, Laos or Malaysia then return to Thailand to complete their holidays, Thai news site Post Today reported.

One media outlet even mentioned that a “multiple entry” visa was being considered.

Kobsak Pootrakul, deputy secretary general to the prime minister, told a conference that Thailand was considering a number of stimulus measures to help the tourism industry.

He said that the target was to get 42 million people visiting the kingdom next year.

Apparently 20 million did so in the first half of this year according to Kobsak.

The double entry visa would have a time limit though exactly how long this might be has not yet been announced.

Kobsak also mentioned the possibility of applying online.

Changes to the visa arrangements appear to be in the latter stages of discussion though no timeframe for their implementation has been announced as yet.

But there is one relative certainty – the border checkpoints for tourists at both Nong Khai and Sadao (the posts between Thailand and Laos and Thailand and Malaysia respectively) will be open 24 hours for a three month trial.

Kobsak said this would happen either at the end of this year or the beginning of next. Following the trial the numbers would be crunched to see if it is worth continuing.

In addition the number of VAT refund spots is being increased from the current five, he said along with plans to create walking streets at several popular tourist spots.

The Deputy Secretary General’s comments come just a day after reports that room occupancy and tourism was 20% down in Pattaya.

Source - BangkokJack

Thailand - New work permit rules make for an uncertain May Day for migrant workers

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WORKING IN Thailand is becoming harder and more expensive for unskilled migrant workers from neighboring countries after the government imposed tougher policies addressing illegal |immigration.

Residing in the Kingdom for more than 12 years, 28-year-old Ei Dhan Dar from Myamar has already adapted to Thai society and can speak the language |fluently.

But despite her integration into society, she said she felt increasingly uncertain about her future in Thailand, since tough new regulations to register for work permits were issued, which entail a difficult and expensive process.

“Recently, I had to spend nearly Bt10,000 for the work permit registration fee and other related costs just to make my status legal, but I only earn Bt300 salary per day. It’s like we work hard to pay Thai bureaucrats and we are getting poorer in Thailand,” she said.

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“As I’ve lived in this country for a long time, I now feel that I have a bond with Thailand and I always hope that one day I can live comfortably in this country, but now I am not sure about this dream.”

Ei Dhan Dar is just one among hundreds of thousand migrant workers who have struggled to legalise their work status.

Labour Rights Promotion Network Foundation coordinator Surachai Mintun said his organisation had received many calls for help from migrant workers across the country, who had problems with the recent migrant worker registration, including some who were facing deportation.

“There are so many workers having problems with the registration because the regulation is unclear, specifies too short a period to register for a work permit, and lacks information for applicants,” Surachai said.

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According to the rule implemented this year, migrant workers who hold temporary pink identification cards have to register certificates of identity to get a passport and Thai visa, and then they have to register for a work permit within 15 days. If they fail to register within that period, their status will be illegal and they will be |subject to deportation.

The government cancelled its recognition of the temporary pink identification cards for migrant workers nationwide on March 31, requiring migrant workers to hold valid visas and work permits. There were an estimated 1.3 million migrant workers holding the temporary pink identification cards.

As a result of the rule, Surachai said migrant workers faced two major issues. First, many workers were unable to register for the work permit in time for various reasons, so even if they were |legally registered with authorities and holding a Thai visa, they |suddenly risked arrest and faced deportation.

The second problem is the cost of registration. Although the official cost was only Bt910, Surachai said, many workers had to employ an agent because the entire process was complicated and slow, which could cost as much as Bt10,000.

“It is very hard for workers to register by themselves because many of them cannot communicate in Thai and have limited knowledge about the bureaucratic procedures, so registering through an agent is the easiest way, but there is an extra financial burden,” he said.

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The tough new regulations are justified as an effort to tackle human trafficking and illegal migrant workers by the Labour Ministry.

Labour Ministry deputy permanent secretary Varanon Peetiwan has said the government wants to control the entire migrant labour system, meaning that all migrant workers should be brought to Thailand under the memorandum of understanding (MOU) system only.

Sakultara Bhupornwiwat, owner of a Samut Songkram squid processing factory, said she would like the government to reconsider the policy, because the MOU system was unreliable and unsuitable in practice.

“If I want to import workers via the MOU system, I have to pay a large amount of money first before the agent will recruit workers for me and there is no guarantee that I’ll get the workers. The business cannot rely on that,” Sakultara said.

“Moreover, the workers in the MOU system have to pay more than Bt10,000 in their home countries just to apply to work in Thailand. They cannot afford such an expensive fee. If they could pay that amount of money, why would they want to work in unskilled jobs in Thailand in the first place?”

She said that if the situation remained unchanged under the new policy, there would be a serious shortage of workers in the near future, which would harm not only her business but the country’s economy as a whole.

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Source - TheNation