Thailand eyes rich expats from Hong Kong, Australia with ‘coronavirus haven’ visa scheme

Thailand is Cambodia's neighbor to the West, and this forum is dedicated to Thai news, stories, reviews, blogs, videos, Thai people and anything else related to the country. A lot of expats have both lived and worked in Cambodia and Thailand, and this area is a place to discuss all aspects of life in Thailand and what's going on there. Most topics are about Bangkok and Pattaya because of their larger populations of expatriates and tourists in those cities, but this is for all things Thai.
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newkidontheblock
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Re: Thailand eyes rich expats from Hong Kong, Australia with ‘coronavirus haven’ visa scheme

Post by newkidontheblock »

Anthony's Weiner wrote:Imagine a country that is so hungry for money...
The United States EB-5 visa, employment-based fifth preference category or EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible Immigrant Investors to become lawful permanent residents—informally known as “green card” holders—by investing at least $900,000 ...

Poor Thailand is 30 years behind the greediest country
Most countries offer investor citizenship. How else do you think Khmer Okhnas and their families can amass passports from other countries?

But by all means, continue the bash America drum if that’s makes you so happy.

As for the Thai Elite Visa, if it’s a one stop shop, no more immigration hassles, easy quick access to all the best Thailand has to offer, I could see lots of retirees lining up.

An average person in the west is recommended to have 1-3 million by retirement.
Anthony's Weiner
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Re: Thailand eyes rich expats from Hong Kong, Australia with ‘coronavirus haven’ visa scheme

Post by Anthony's Weiner »

newkidontheblock wrote: Sun Aug 23, 2020 12:55 am
Anthony's Weiner wrote:Imagine a country that is so hungry for money...
The United States EB-5 visa, employment-based fifth preference category or EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible Immigrant Investors to become lawful permanent residents—informally known as “green card” holders—by investing at least $900,000 ...

Poor Thailand is 30 years behind the greediest country
Most countries offer investor citizenship. How else do you think Khmer Okhnas and their families can amass passports from other countries?

But by all means, continue the bash America drum if that’s makes you so happy.

As for the Thai Elite Visa, if it’s a one stop shop, no more immigration hassles, easy quick access to all the best Thailand has to offer, I could see lots of retirees lining up.
In 2017, approximately 9.2% of Americans aged 65 and older had income below the poverty thresholds.
An average person in the west is recommended to have 1-3 million by retirement.
First Newkidontheblock, I would like to than you for allowing me to have my own opinion. Reciprocally, you are welcome to continue demonizing the left, immigrants and non English speaking Americans.

In the 55-64 age range, average net worth is $187,300. Including all age groups median net worth rose 16 percent from the 2013 survey.Jul 22, 2020
An average Americans net woth is between 6% and 20% of what is recommended by you for retirement.


Households aged 65 and above typically have lower levels of income than those aged 25–54, and around 40 per cent of households 65 and over are in the lowest income quintile.Mar 19, 2020
40% of retired household live in the bottom 20% of income earners.
In 2017, approximately 9.2% of Americans aged 65 and older had income below the poverty thresholds.
God'sGift
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Re: Thailand eyes rich expats from Hong Kong, Australia with ‘coronavirus haven’ visa scheme

Post by God'sGift »

with the hyper infalation that's a comin in the West - most will be lucky to have a mere $5000 USD savings in today's money
Dunderhead
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Re: Thailand eyes rich expats from Hong Kong, Australia with ‘coronavirus haven’ visa scheme

Post by Dunderhead »

You got that right, most people just can't understand inflation rates and the effect on real purchasing power. The real inflation adjusted wage of the average worker in the US peaked in 1975 and has gone down since then. For 2 reasons, China entered the world economy, and the govt grew into a 5000 kg parasite.
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