Should You Get the Thailand Elite Visa (Privilege Card)? - Full Honest Review

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  • เผยแพร่เมื่อ 22 พ.ค. 2024
  • The Thailand Elite Visa (also called the Privilege Card) is a multi-entry visa program that grants 5-15 years stay and comes with unique VIP privileges.
    Start your Elite Visa application here 👉 tally.so/r/w8zNvl
    00:00 Honest disclosures
    01:15 Legal rights of Elite Visa
    02:24 90 day reporting & 1 year extensions
    03:05 Residency certificate for tax purposes
    03:39 VIP benefits overview
    04:52 Stay benefits
    05:26 Travel benefits
    06:12 Leisure benefits
    06:27 Health & wealth benefits
    07:14 My thoughts on the benefits
    07:55 Privilege Card prices & points gained
    08:05 5 years package
    08:22 10 years
    09:12 15 years
    09:25 20 years
    09:37 Who the Elite Visa is NOT for
    10:29 Can you be a digital nomad or passive investor?
    12:35 Is Thailand "too risky" of a commitment?
    13:48 Alternatives to the Elite Visa
    13:50 Border run loophole
    14:34 Education visa
    15:14 Business visa
    15:45 SMART visa
    15:55 Retirement visa
    16:17 Long term resident visa for pensioners
    17:21 Marriage visa
    17:32 Investment-based visas
    14:47 Application process
    18:10 Why apply through us?
    Tools for Thailand:
    Get 35-80% off international business & first class flights bit.ly/47Jy61b
    Compare the best travel insurance for tourists bit.ly/3HjfTNe
    Compare the best Thai health insurance for expats bit.ly/48CoYfR

ความคิดเห็น • 273

  • @JettGunther
    @JettGunther  4 หลายเดือนก่อน +8

    Start your application here 👉 bit.ly/48DHuUP
    To see the full brochure, click the link above ☝️

    • @bernhardbuhler4202
      @bernhardbuhler4202 4 หลายเดือนก่อน

      Everything sounds great. My Thai hade all that in Switzerland for free. No show ups by Immigration no money bringing nothing...... Also she has free pensions and health care in which you can trust. No hazel and worries like me. Even i bring more than 4 Million Bath into the country. 🤔🙄

    • @franciscogosbert9603
      @franciscogosbert9603 หลายเดือนก่อน

      This thailand elite visa people from any nationalities can apply or there are countries which theirs citizens are not qualified??

  • @BobGoodi
    @BobGoodi 4 หลายเดือนก่อน +32

    Yes...Marriage IS alot more expensive than the Elite Visa. Honestly

    • @paulh7798
      @paulh7798 3 หลายเดือนก่อน +1

      😂😂😂

    • @jlh-archive
      @jlh-archive 10 วันที่ผ่านมา

      How?

    • @RawDogTV
      @RawDogTV 23 ชั่วโมงที่ผ่านมา

      @@jlh-archiveare you seriously asking how???????

  • @IMadeOfClay
    @IMadeOfClay 4 หลายเดือนก่อน +54

    I'm nearly 42 years old and from the UK. I am planning to sell my business in the next 2-3 years and buy a 5 year Thai elite visa. That will cost me around £20.5K (sterling).
    I will use 4 points a year to have my 90 day address checks done for me. I will also use my points for an annual health check (which I consider very important). I couldn't care less about golf or the other fancy stuff.
    Once my 5 year elite visa expires, I will be 50 years old and can then switch to the retirement visa.
    I think that's a pretty solid plan.
    Thanks for the video Jett.

    • @SuperSlider2010
      @SuperSlider2010 4 หลายเดือนก่อน +11

      Love your plan. But I wouldn't spend points on the 90 day report assistance. Set a reminder on your phone, go on the immigration website and do it all in 2 minutes without going anywhere.

    • @1must723
      @1must723 4 หลายเดือนก่อน

      The world economic forum have released a white paper to stop the visa over the next 12 months and restrict movements from your own country you will only be allowed to fly long range to 2 flights within a 10 year span its all down to global warming peace all

    • @IMadeOfClay
      @IMadeOfClay 4 หลายเดือนก่อน +3

      @@Openeyesopenheart42 I am quite well off so it's not a big deal for me. My main priority is convenience. That said, if there is a cheaper way to stay in Thailand for 5 years (until I turn 50), *and is hassle free* I would definitely want to explore that option also. Thanks.

    • @hyperpedro2868
      @hyperpedro2868 3 หลายเดือนก่อน +2

      Technically you can get almost 6 years with the visa as you will get A 1 year stamp if you enter just before the end of the 5 years.

    • @SunburnedNomad
      @SunburnedNomad 2 หลายเดือนก่อน +1

      You can do 90 day reports online for free & takes maybe 5 minutes. Don't waste points on that.

  • @dubble
    @dubble 4 หลายเดือนก่อน +37

    $4k per year is a little absurd for the little membership privileges you get. The older options were much better.

    • @MrEye4get
      @MrEye4get 3 หลายเดือนก่อน +2

      Add to that proposed taxing of income for all tax residents including Elite VISA holders.

    • @williamjiraiya
      @williamjiraiya 3 หลายเดือนก่อน +5

      They literally destroyed a great visa option by being greedy. Nobody is applying for it since the changes. They will have to change it or go bust as I can't imagine they're making enough money to break even on marketing and admin costs the way things are now.

    • @MarkitoJanus
      @MarkitoJanus 2 หลายเดือนก่อน

      There are was more options on there website. You don‘t have to go ultimate.

    • @williamjiraiya
      @williamjiraiya 2 หลายเดือนก่อน +2

      @@MarkitoJanus 900,000 baht for 5 years is the cheapest option they offer now, which equates to US$5000 per year, so the OP comment was being lenient. All this price gouging has done is push foreigners into the 'grey area' space of ED and Business Visas which are now half the price.

    • @Wilko11
      @Wilko11 2 หลายเดือนก่อน +3

      ​@@williamjiraiyaThere are many Chinese and Russians who are now getting it as their best option to stay long term.

  • @michaeldileo8815
    @michaeldileo8815 4 หลายเดือนก่อน +20

    I got the 20 year as soon as I heard they were upping the price to an insane amount.

    • @johnny_bravo9990
      @johnny_bravo9990 4 หลายเดือนก่อน +2

      When did this happen? They are stupid to increase it 5x

    • @michaeldileo8815
      @michaeldileo8815 4 หลายเดือนก่อน

      The price change started in October '23. I found out about it in July and started enrolling that day. I was going to hold off until I was ready to move to Thailand, but after hearing this, I had to act.
      I agree that it's not a good idea. 150K usd is ridiculous, and even if you have that kind of money, many wouldn't find the value in spending it for this. @@johnny_bravo9990

  • @randyc754
    @randyc754 4 หลายเดือนก่อน

    Informative, fair and balanced!! Thanks Jett

  • @edward88881
    @edward88881 4 หลายเดือนก่อน +1

    Walking through Times Square in NYC last week and saw an ad for the Elite Visa on one of the billboards. It's amazing how broadly this is being marketed.

  • @ideaphile
    @ideaphile 4 หลายเดือนก่อน

    Great summary - thank you!

  • @hansrow8541
    @hansrow8541 4 หลายเดือนก่อน +12

    I got my 5y Elite visa 2 years ago and I learned to appreciate the bank account opened within 2 days after my arrival.
    I paid 600k but managed to upgrade to 20y last months for another 400k. So, overall 1000k for 20y and I am to young for the retirement visa.
    There are no privileges with the visa except the fast track at the airport. But I am happy with that.
    Great video, Jett.

    • @pbng07
      @pbng07 9 วันที่ผ่านมา

      How can 1000k baht get 20yr visa?

    • @benjaminhugo562
      @benjaminhugo562 9 วันที่ผ่านมา

      @@pbng07 400k for the initial 5 years I applied for 2.5 years ago and now 600k the upgrade for additional 15 years which is possible for those who have had an Elite visa before they changed the program in 2023

  • @user-nd4pr6oi7y
    @user-nd4pr6oi7y 4 หลายเดือนก่อน

    Thanks for the video. Great job.

  • @ThailandEliteSpecialist
    @ThailandEliteSpecialist 4 หลายเดือนก่อน

    Nice video Jett!

  • @Astuya
    @Astuya 4 หลายเดือนก่อน +1

    Excellent video.
    A video about the business visa would be much appreciated!

  • @Harris121Main
    @Harris121Main 3 หลายเดือนก่อน

    Thanks for this video! You got a new Sub!🙂👍

  • @booftiger
    @booftiger 4 หลายเดือนก่อน +12

    Hey Jett,
    Just to say thanks, I used the lawyers you recommended and they did a brilliant job, they charged me nothing, why anyone would try to do it themselves is beyond me. I got approved for a 20 year visa and will arrive at the end of this month, I'm looking forward to an easy trip through immigration this time 😂.
    Thanks again mate, I enjoy your videos.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      I'm very glad to hear that! Thank you for the feedback

    • @OscarInAsia
      @OscarInAsia 3 หลายเดือนก่อน

      I thought the 20 year Elite visas were "invite only"? How did you swing that?

  • @cbr929rrridingfree9
    @cbr929rrridingfree9 4 หลายเดือนก่อน +1

    Well done, great video, packed with all necessary information. Retirement visa it is!😂🤗

  • @effewe2
    @effewe2 4 หลายเดือนก่อน +8

    Will you do a vid on the pros and cons of Retirment Visa vs Thai Elite for those who are close to retirement age?

  • @magicfire1
    @magicfire1 4 หลายเดือนก่อน +6

    Great video. Privilege visa is amazing for those with some savings / high earner and want to stay in thailand long term without the hassle of border run.

    • @effewe2
      @effewe2 4 หลายเดือนก่อน +2

      Yes, that is what I did. No issues, even the 90 day reporting was easy.

    • @magicfire1
      @magicfire1 4 หลายเดือนก่อน +1

      @@effewe2 enjoy thailand :-)

  • @Sam-gw9qv
    @Sam-gw9qv 2 หลายเดือนก่อน

    Brother, you're awesome 👍❤ very informative...I would love to meet with you by next year in July 2025. Keep up the EXCELLENT WORK 👍

  • @martypoll
    @martypoll 4 หลายเดือนก่อน +5

    If you are under 50 years old there are few visa’s available for long term stay. The Elite visa is one of the options available to younger people who are not working. I know one guy who retired from being an IT professional in his mid 40’s. He stayed in Thailand using the Elite visa and upgraded to the 20 year Elite just before the price increase.
    I came to Thailand in 2017 at 60 years old on an OA visa. I maintained 800,000 baht in a Thai bank. One year ago I switched to the 10-year pensioner LTR visa.. The LTR doesn’t have a bank deposit requirement so my 800,000 baht became available to spend.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +1

      You're correct. Someone who's not of retirement age and isn't willing to get a job in Thailand is going to have to come to terms with paying a lump sum to live here. That's how the Thai govt sees it at the moment.

    • @zoltanl8056
      @zoltanl8056 4 หลายเดือนก่อน +1

      i did the same. 47, divorced thai wife, thai kid is 21, too old to get visa on his behalf, not looking to immediately get to re-marry, and with what i hear is increased crack down on education visas, the 20yrs Elite was the best option. not cheap, but covers me until 67. at 1 million thb before the rate increase, it still gives the airport lounge and fast track, visa/bank acct/driving license assistance, and immigration help. i find the new pricing trying to be shinier, but offer worse value for money.

  • @peterbarb8382
    @peterbarb8382 4 หลายเดือนก่อน

    Good to see you again Jet. You should start your own English news channel. You would do extremely well. It would be very much to your benefit. Let me know what you think. Take care

  • @Wilko11
    @Wilko11 4 หลายเดือนก่อน +4

    This sounds like its changed quite a bit since last year. 5 years went up from B600k to B900k, and I don't think there was a points system for privileges at all.

  • @philly1776
    @philly1776 4 หลายเดือนก่อน +45

    The fee for the Elite visa would be much better off sitting in a USA high yield savings account bearing 5% APY. Then just do the 1 year retirement visa for a very small fee at immigration every year. Go into immigration with your paperwork in order, a smile on your face, and a good attitude. No problem man.

    • @teplostar
      @teplostar 4 หลายเดือนก่อน +5

      Not really, you need to keep 800K in Thailand bank, there are no 5% here and there is a risk of the currency fluctuation.

    • @effewe2
      @effewe2 4 หลายเดือนก่อน +2

      Better yet, hire an agent to do that part for you.

    • @effewe2
      @effewe2 4 หลายเดือนก่อน +1

      @@teplostar Good point, but still cheaper than Thai Elite.

    • @philly1776
      @philly1776 4 หลายเดือนก่อน +4

      Yeah I figure I will hire an agent for the 1st year (they "facilitate" the 800K Thai Baht in your Thai bank account). Then for the annual renewals will do myself just have to show 65,000 Baht deposit per month for 12 months in the Thai bank account. And oh yeah I understand Thai banks do not pay hardly any interest, that's why the vast majority of my funds will stay in the good old USA banking system:)

    • @jonasmyrholt2103
      @jonasmyrholt2103 4 หลายเดือนก่อน +4

      Works only if you are old as hell and thus qualify for ret visa

  • @mangostickyrice555
    @mangostickyrice555 4 หลายเดือนก่อน +1

    Thumbs up 👍 Jett

  • @luciddreamer11
    @luciddreamer11 4 หลายเดือนก่อน +3

    You are such a pro, Jett! Good summary of the Visas. 🎉 The only iffy thing is the weird suggestion for taxing foreigners on world wide income 2024. If so, then it feels better to leave Thailand and settle in Kuala Lumpur. If no tax, ok I am happy to stay in Thailand and create tons of wealth for Thailand in the next 10 years, through real estate investments, etc.

    • @san6788
      @san6788 4 หลายเดือนก่อน

      HE IS A FUCKING STALLION

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +1

      😂 I’ll take that compliment. Thanks!

    • @luciddreamer11
      @luciddreamer11 4 หลายเดือนก่อน

      @@san6788 Yeah! Jett is the stud bronco of Thai real estate.

  • @genericdeveloper3966
    @genericdeveloper3966 4 หลายเดือนก่อน +7

    5 years is $25k now? Too much.

  • @andrefort1664
    @andrefort1664 2 หลายเดือนก่อน

    nice lighting and editing 👏

  • @jampasurprenant1794
    @jampasurprenant1794 2 วันที่ผ่านมา

    Hello there young man for an excellent job explaining about the visa
    It is very educational to learn about the new visa for thailand. I am a Thai woman who left Thailand 55 years ago and still lives in the United States I just want to visit my family in Bangkok but the stupid new laws with the visa makes me change my mind Besides I do have lots of money to spend on Visa and the insurance.

  • @fgafootball
    @fgafootball 4 หลายเดือนก่อน +12

    Get it if you want to pretty much live in Thailand and can afford it. It's that simple.

    • @chinaberg
      @chinaberg 4 หลายเดือนก่อน +2

      The issue is how to make a living while on the Elite Visa.

    • @freemanol
      @freemanol 4 หลายเดือนก่อน +2

      ​@@chinabergif you still need to think about that then it's not for you. It's for people who have enough savings, investments and/or can work remotely.

  • @effewe2
    @effewe2 4 หลายเดือนก่อน +2

    Thanks Jett. I got mine three years ago and have not taken advantage of all the services. If I had known how much peace of mind I would get from this visa, I would have gone for the 20 year option.

    • @Jefe_Perro
      @Jefe_Perro 4 หลายเดือนก่อน +2

      You got a 5 year elite visa with a couple of years left?
      You should still have the option to extend to 20 years at the old price. Email or call them about your options.

    • @effewe2
      @effewe2 4 หลายเดือนก่อน

      ​@@Jefe_PerroYes. Will inquire

    • @Jefe_Perro
      @Jefe_Perro 4 หลายเดือนก่อน

      @@Openeyesopenheart42 If you're talking about current members being able to extend memberships. They can if it applied to their membership before the changes.

  • @user-es2fn1ki4v
    @user-es2fn1ki4v 4 หลายเดือนก่อน

    Well structured video, thank you.
    I've paid 50,000 baht for a ten-year re-entry permit. They cost 5,000 per year... so that seems a reasonable investment.
    Oh, and I can stay for ten years. LTR for over 50s is a no-brainer. The team in Bangkok who manage this process are fantastic... made it a pleasure to apply and receive.
    If you don't qualify - age perhaps - then good advice from Jett here, use the minimum duration Elite until you get to 50.

    • @montyloads
      @montyloads 4 หลายเดือนก่อน

      50,000 baht is around £1150 roughly? Is that your total visa cost for a 10 year visa?

    • @vm1974-irkutsk
      @vm1974-irkutsk หลายเดือนก่อน

      @@montyloads I think this guy used some "helpers" to get this. It's probably not legal and dangerous

  • @dhgemein2
    @dhgemein2 4 หลายเดือนก่อน +8

    Thanks for this video, Jett. It's a great overview of the privilege card scheme. One fact-checking question: Isn't the bank deposit for the retirement visa 800,000THB rather than 600,000THB?

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +2

      Possibly. Thank you for the correction 🙏

    • @cbr929rrridingfree9
      @cbr929rrridingfree9 4 หลายเดือนก่อน +3

      It is 800,000 baht, and you need to maintain this balance or above for two months prior to them issuing your one year retirement visa.

  • @SeanOptimoa
    @SeanOptimoa 4 หลายเดือนก่อน +2

    Interesting. I know I am not in the norm of people but the Thailand Elite looks nice for me.
    I just turned 28 and travel through Thailand a lot for all types of things, I've always wanted an apartment in Bangkok. I've been looking into this as I have the extra money for it and will makes things easier when going through and with some perks I would actually use and really enjoy at my age.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +1

      Many current Elite Visa holders think the same as you :)

  • @LongThickVeinyBBC
    @LongThickVeinyBBC 4 หลายเดือนก่อน

    Do you lose the points if you dont use them? Or can I save them?

  • @gredarthd5292
    @gredarthd5292 4 หลายเดือนก่อน

    Hey Jett have a question for you, on the 20 year card how do you get invited ? You said it's Invitation only so how do you get it??

  • @Guilhermealmeida.
    @Guilhermealmeida. 3 หลายเดือนก่อน

    10:35 that’s the 5 million baht question!

  • @earthrooster1717
    @earthrooster1717 2 หลายเดือนก่อน

    I really would like to know about tax and legalities on day traders trading for prop firms in the United States? Being an Australian I can use the tax treaties that could benefit. Theres tons of traders looking for this info Jett.

  • @zavyy6315
    @zavyy6315 4 หลายเดือนก่อน +1

    I'm getting the 20 years elite visa🎉❤

  • @simong7539
    @simong7539 4 หลายเดือนก่อน +1

    Probably not for me, got an overstay from 2007 which won me a week in the IDC. Payed for my own flight home and got a new passport, been back several times without any issue but I guess my name is going to still be in the system.

  • @user-tl2eu9dq8w
    @user-tl2eu9dq8w 2 หลายเดือนก่อน

    Can you comment on the value of having a "permanent resident" visa particularly with regards to the possibility of some Thai gov't imposing a tax on personal funds brought into the country?

  • @avlf.youtube
    @avlf.youtube 4 หลายเดือนก่อน +2

    It seems Thailand is trying to change its status from an affordable destination to a more premium destination..at this price they could have included membership for a premium club like RBC golf and some other perks which cannot be attained easily.

  • @moonyachti
    @moonyachti 2 วันที่ผ่านมา

    I would of liked to know more about the marriage visa

  • @nightclawer6679
    @nightclawer6679 4 หลายเดือนก่อน

    there're also a way to get Thai nationality citizenship but it seem to be ther hardest to get

  • @kwokweng76
    @kwokweng76 4 หลายเดือนก่อน

    very nice hairstyle jett 😆

  • @williamjiraiya
    @williamjiraiya 3 หลายเดือนก่อน +3

    The ridiculous price increase and structure changes implemented last year are going to kill this visa type and I would not recommend anyone to fork out an absurd amount when there are far cheaper alternatives and some that allow you to work as well. I am friends with a few lawyers here in Thailand who specialise in visa services and they have told me that the rate of Elite Visa applications has gone from roughly 10 applicants per month to 1 applicant every 2 months since the change. The powers that be will very likely rework and reprice this visa in the coming year so don't get caught out by paying this inflated price. Both Cambodia and Malaysia are now offering far more attractive residence options so Thailand will have to come to the party if they want to compete.

  • @daveb3987
    @daveb3987 4 หลายเดือนก่อน +3

    I look back at the old price and think I should have got it then as I’m not near old enough for retirement options. Not sure how long I want to be in Thailand so didn’t commit to it and especially not now that the price is ridiculous.
    PS: bloody great hair, I’m jealous 😂

  • @andrewwetton9219
    @andrewwetton9219 4 หลายเดือนก่อน +8

    I am thinking that the new Thai gov rules on taxing remittances into Thailand from savings overseas is going to put off 95% of applicants. Just like the Malaysian gov who drastically changed the rules for the MM2H visa requiring much higher costs and a 5x fold increase in the deposit needed - resulted in a 98% drop in applications. Nobody wants to retire in Malaysia anymore. Maybe Thailand will suffer the same outcome?
    You want to remit say £250,000 to buy a Thailand retirement apartment but the Thai gov wants to take a 30% tax deduction from your remittances!

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +2

      Double check with a lawyer, but a few videos I saw recently that interviewed lawyers said that the tax is only on assessable income, not savings.

    • @thailandsnippets901
      @thailandsnippets901 4 หลายเดือนก่อน +2

      @@JettGunther Not sure where you got that information from. All moneys brought into the Country are taxable whether pensions, assessable income or savings.

    • @advwxyz
      @advwxyz 4 หลายเดือนก่อน

      THsnippets- all money _remittances_ if you are a Tax Resident- ie 180+ days.

    • @thailandsnippets901
      @thailandsnippets901 4 หลายเดือนก่อน

      @@advwxyz That's right. I am a tax-resident so affected for my pension

    • @alias7859
      @alias7859 4 หลายเดือนก่อน

      There are multiple videos about the new tax law done by professionals in Thailand, like lawyers and agencies that handle visa. You might want to take a look and there are details not mentioned here, like if there is a tax agreement between your home country and Thailand or not? That does affect your tax. It was informative and more than heresay.

  • @RykerFreegeld
    @RykerFreegeld 4 หลายเดือนก่อน +2

    EXCELLENT explanation and review. Probably the best I've heard.
    The pricing and benefits still seem unrealistic and poorly thought out though - even for those who like burning money.

    • @effewe2
      @effewe2 4 หลายเดือนก่อน

      They did that to ensure no scrubs and other shady folks will sign up.

    • @RykerFreegeld
      @RykerFreegeld 4 หลายเดือนก่อน

      @@effewe2 Fair enough.

  • @boxcartwilly
    @boxcartwilly 2 หลายเดือนก่อน

    Great video full of good information. Have you any information on depositing money into a Thai bank to buy a property will you have to pay 35% tax on the money and will that be on top of the $250 K for the LTR ?
    Thank you for the video.

    • @JettGunther
      @JettGunther  2 หลายเดือนก่อน

      th-cam.com/video/VtXF9sIugKE/w-d-xo.htmlsi=MUpzWDI8_BB4okez

  • @Qman91
    @Qman91 4 หลายเดือนก่อน

    Hi Jett, brilliant as always. I have a question - Is there any other possibility besides Elite Visa and Border Runs to stay lets say 1 year in Thailand for Digital Nomads? As Retirement Visa is off the table as I am not 50 yet, Work Visa is off the table as I am Digital Nomad not being employed in Thailand (and then same thing applies for SMART or Business Visa). As I see it, it is either paying up front for the Elite Visa for at least 5 years, or try living off the 3 month Tourist Visa renewals when crossing borders. Many thanks!

    • @goldplaybest
      @goldplaybest 3 หลายเดือนก่อน

      Education Visa 50.000 baht a year

  • @aznviet206
    @aznviet206 4 หลายเดือนก่อน

    Hey Jett, do you guys prepare paperwork for LTR Highly-Skilled Professionals?

  • @keithorrell1458
    @keithorrell1458 4 หลายเดือนก่อน +2

    Many thanks Jett, I'm 65 and have a Thai wife living in South Africa. Plan to retire in 3 - 4 years time in Chanthaburri where my Thai wifes family lives, yes looking at the 10 year Elite / Priviledge Visa not sure which is best, thanks 🙏

    • @phillipfairbrass3575
      @phillipfairbrass3575 4 หลายเดือนก่อน

      Marriage visa would be better and cheaper , 65 wait another 4/5 years, do it now if you can afford to,

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +1

      Some may tell you marriage is more expensive 😉

  • @M4sterSamwise
    @M4sterSamwise 4 หลายเดือนก่อน

    Jett thanks for the video,
    You did a video a few months ago about a condo that included old elite visa status, or support getting it.
    Are there any deals on this version yet?

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      Not yet. Usually the Elite Visa is baked into the condo price

  • @thefrugalgolfhackthailand5430
    @thefrugalgolfhackthailand5430 4 หลายเดือนก่อน +1

    i just did my 15 year renewal before the price increase. I likely would not have done it if I know about the change in remittance tax. Would have shot for the LTR visa. As far as work, my lawyer told me I could "conduct business" in Thailand, but not work at a Thai company. He said sending emails, talking phone calls, attending tradeshows, meeting with customers and my distributor were all fine.

    • @JohnHarthomstowCEO
      @JohnHarthomstowCEO 2 หลายเดือนก่อน

      Yeah I was also advised I could take calls, e-mails, instant messages etc related to my business which is registered back home - the only thing he stressed was never do anything which could take a job from a Thai person.

  • @ob2187
    @ob2187 4 หลายเดือนก่อน +3

    Basically only people with money will be interested in this VISA and with the new taxlaw nobody with money is looking to stay in Thailand anywhere near 182 days so logically this VISA should have seen its best days. That is how I look upon it at least as an independent investor with a home in Thailand.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      Actually, this visa is also aimed at global citizens who travel in and out of the country often, with its unlimited multi-entry rights, automatic, one year extension renewal when you leave and reenter the country, and fast tracking at airport immigration, etc.

  • @scottdisneykrueger
    @scottdisneykrueger 4 หลายเดือนก่อน

    Jett
    Did I miss an intro because I can’t tell for sure if this information is for the 2024 program -

  • @paulbabu7085
    @paulbabu7085 2 หลายเดือนก่อน

    Jett, do you do retirement visas?

    • @JettGunther
      @JettGunther  2 หลายเดือนก่อน

      Sorry I don’t

  • @Mantic03
    @Mantic03 4 หลายเดือนก่อน

    So actually the 10year is best for the money as you pay 1.5m B every 10 year?

  • @30AndAWakeUp
    @30AndAWakeUp 4 หลายเดือนก่อน +10

    I was grandfathered in to the 1 million baht 20 year thai elite visa. Really glad I got it. Makes life in Thailand so much more convenient. Not sure if I’d pay the new price though.

    • @JianTyngLee
      @JianTyngLee 4 หลายเดือนก่อน +10

      1mb for 20 year is insanely cheap. The new price is so 🥶

    • @tonythaiger93
      @tonythaiger93 4 หลายเดือนก่อน

      Yup just got mine before price went up like anything else post covid

  • @jlh-archive
    @jlh-archive 10 วันที่ผ่านมา

    It is possible to use my residence permit in the embassy to renew my passport using the Thai address?

  • @137dylan
    @137dylan 4 หลายเดือนก่อน +1

    Hi Jett I have a question that I can't seem to get a clear answer on:
    if a foreign national wants to operate a TH-cam channel within Thailand, how do they do so properly/legally? Assuming they were the only person 'working' for the channel (as they'd be the sole content creator), then how do they go about getting the right visa in order to legally stay and operate the channel within the country? Thanks!

    • @CODtpk
      @CODtpk 4 หลายเดือนก่อน

      As Thai local and have some knowledge of this "Privilage Visa" you should looked at your financial situation first. Because it depends on how much you willing to spend on visa. But if I were you and have stable assets (100k for starters), I'd say go for loweest tier first. Then you can stepping up the tier once your assets become better and better

  • @chrisq.6857
    @chrisq.6857 4 หลายเดือนก่อน +2

    They expect you to trust them yet they don't trust you by all the reporting etc ...

  • @underworldjack4877
    @underworldjack4877 4 หลายเดือนก่อน

    Good info Jett. After watching, it confirms that the 10 year LTR wealrhy pensioner visa is the right one for me. Someone told me though that if i get that visa, i may be responsible for paying taxes in thailand if i stay more than 6 months a year??

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      You'll be considered a tax residence but what taxes you pay and how much is something you'll need to consult with your lawyer

    • @martypoll
      @martypoll 4 หลายเดือนก่อน +1

      The tax issue and your visa are unrelated. You may become a tax resident if you are in Thailand more than 180 days whatever visa you have.
      No one really knows whether the average pensioner expat will be subject to taxes especially if Thailand has a tax treaty with your home country as it does with the US. I think we will know more in the next 3-4 months. I already live here so I will wait and see. If you don’t already live here though then I can see why someone may want to wait until the issue becomes clearer.

    • @underworldjack4877
      @underworldjack4877 4 หลายเดือนก่อน

      @@JettGunther thanks!

    • @underworldjack4877
      @underworldjack4877 4 หลายเดือนก่อน +2

      @@martypoll Thanks marty. I do not live there fulltime as of now. I dont plan on spending more than 6 months/year there for a few more years so i will keep my eye on this.

  • @mrfan9696
    @mrfan9696 4 หลายเดือนก่อน +1

    Can you make a video about taxation in Thailand I heard that now if we live more than 3months you need to text for your income even if you're working online outside the country

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      180 days you'll be considered a tax resident here

  • @fishingtravelasia
    @fishingtravelasia 4 หลายเดือนก่อน

    My Elite Visa got rejected last year bcs of my ED visa... but i should try again next year they told me.

  • @Nicolast457
    @Nicolast457 4 หลายเดือนก่อน +2

    I love Thailand❤

  • @TheH00kie
    @TheH00kie 4 หลายเดือนก่อน +2

    Jett how would the new proposed tax laws affect the long term retirement visa, would you be taxed on the money moved into the Thai bank and any savings or interest from investments?

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +1

      Based on what people are saying, you will not be taxed on savings you bring in. Please do double check with a lawyer.

    • @TheH00kie
      @TheH00kie 4 หลายเดือนก่อน +1

      @@JettGunther I have seen an interview with a tax accountant based in BKK that says money brought in from sale of eg a house and used to buy a Thai property would be taxed, this seems ridiculous as it basically adds another 30% - 35% to the price of the property! This has really put me off my planned retirement,

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +2

      But you will need to pay most or all of the taxes from that sale to your home country anyway. When you bring the remaining sum here, depending on tax treaties, you may only pay a small amount or none.

    • @TheH00kie
      @TheH00kie 4 หลายเดือนก่อน

      @@JettGunther but there would be no CGT on a property sold in the U.K.?

    • @advwxyz
      @advwxyz 4 หลายเดือนก่อน

      All - if you are a Tax Resident of TH- ie in country for more than 180 days- you are taxed on the _remittances_ to yourself- including CC purchases from an off shore CC as the money was remitted in TH.

  • @lunarsoulz
    @lunarsoulz 4 หลายเดือนก่อน +1

    For people who really want to live and stay in Thailand, I would say the the Elite Visa WAS worth it with the old prices and privileges. Is it worth it NOW that the prices have doubled and the privileges changed? You can argue that it's not worth it.

  • @thomasjohnrobinson4658
    @thomasjohnrobinson4658 2 หลายเดือนก่อน +1

    Not forgetting a Government can change it's mind anytime it wants.

    • @JettGunther
      @JettGunther  หลายเดือนก่อน

      I addressed this point in the video. Check out the timestamps

  • @Michael-gp5ik
    @Michael-gp5ik 3 หลายเดือนก่อน +1

    Retirement Visa Qualifications
    Applicant must be 50 years of age or over. Must meet any of the financial requirements: Security deposit of THB 800,000 in a Thai bank account for 2 months prior to the visa application. Monthly Income of 65,000 THB regularly deposited in a Thai bank account.

    • @JettGunther
      @JettGunther  3 หลายเดือนก่อน +1

      Thank you for the updated requirements

  • @CenkLacinArikan
    @CenkLacinArikan 12 วันที่ผ่านมา

    great video, many thanks. if we get the thai elite visa and reside in thailand less than 6 months every year, are we exempt from paying taxes in thailand?

  • @Dividend-Shark90
    @Dividend-Shark90 3 หลายเดือนก่อน

    Thanks for this video, its too bad the retirement visa is age capped at 50!

  • @georgequek7996
    @georgequek7996 4 หลายเดือนก่อน +1

    I am rich with my huge savings and owned condo in BKK, but will never retire or apply for Elite visa in the Kingdom kap!🙏

  • @m.s.7711
    @m.s.7711 3 หลายเดือนก่อน

    Basically a good overview. I decided early 2023 for the 5 years EEA Visa and later went for 20 years ESE when they announced the changes in August. Just to secure the old good conditions. However what you did not touch in your Video is the latest development on Taxation. Now the ESE is only half value for me as i only can stay 179 days in order not to become a tax resident. I explicitely chose the EEA/ESE to circumvent the formalities and now with the new taxation policy i have to keep outside half of year. This is when other people say you do not know what is in 10 years. It even hasn't to last that long.

    • @JettGunther
      @JettGunther  3 หลายเดือนก่อน

      Have you tried remitting money over recently? So far anecdotally based on the people I’ve talked to there has been no difference whatsoever.
      Most foreigners came to understand that this new tax law was aimed at them, but in truth, it was primarily aimed at wealthy Thais with offshore investments.

    • @m.s.7711
      @m.s.7711 3 หลายเดือนก่อน

      No i haven't so far. But will do soon as i travel end of the month again to Thailand. However nothing is clarified so far and the tax regulation clearly sets the 179 days not to become a tax resident. We need just to wait how it will be applied in the future. First i am carefull. Last year i was 186 days in Thailand. This year i will count the days not to exceed this limit. Also in that sense not to be tax resident and bring as much money in to live from it in the following year when being there more than 179 days. @@JettGunther

  • @peterwilliams2252
    @peterwilliams2252 4 หลายเดือนก่อน +1

    If you can afford to waste money on one of these you can probably afford two homes , visiting Thailand for a month or two and enjoying traveling with the money saved is in my opion the best option, anywhere for too long is boring if your not working

  • @davidwalden2887
    @davidwalden2887 หลายเดือนก่อน

    It is clear that the ordinary retirement visa for 50 y/o plus is mostly the only viable option for living long-term in Thailand. You put up the Bt800,000 and comply with some modest rules (like staying out of gaol). The multi-entry O visa can be good for 2 years with one border run. If you wish to leave Thailand you get your Bt800,000 back and you can renew as you wish. Perhaps Thailand should look at the Philippines where you have a 30-day free entry visa on arrival and you can stay for up to 3 years, you pay about $50 per month in increments of 2/4/6 months and at the end of 3 years you do a border run and do the same all over again. You can apply for permanent residency at any time if you wish. 90% of farangs to the Philippines do it that way. All happy, it will cost you about $600 a year and no other conditions.

  • @AussieBob999
    @AussieBob999 4 หลายเดือนก่อน +4

    The 90 day reporting and annual extensions mean no thanks Thailand. Why pay so much money to still be required to do what the cheap charlies on a pension have to do. Thailand needs to get rid of these ridiculous impositions on Expats who have money - like other countries in SEAsia.

  • @paulroman3402
    @paulroman3402 4 หลายเดือนก่อน

    Sounds very convenient, would it be possible to pay for this through wire transfer, I wouldn't want to put 25,000 thousand dollars on a credit card.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน +1

      Of course

    • @passportmarc
      @passportmarc 4 หลายเดือนก่อน +1

      Why not ? You get points

  • @willwhite6110
    @willwhite6110 3 หลายเดือนก่อน

    what if you have a very large lump sum of money saved, and just want to take time off and live abroad in Thailand for a year or two?

  • @ronangel9858
    @ronangel9858 4 หลายเดือนก่อน +4

    You forgot to mention the 50,000 baht application fee (You need to pay at the time of application) which is LOST if you're application isn't successful or you decide not to carry you're application through if it is successful.
    That situation will apply to anybody who has been on an ED visa (with no OBEC certificate), medical visa (Not issued by a hospital) in the previous 3 years.
    So best make sure you have 50,000 baht to lose before applying.

    • @calky360
      @calky360 4 หลายเดือนก่อน

      I never had to do an application fee. Also I was on an ED visa previously and it didn't impact my application at all. I believe you only need the OBEC certificate if you are currently on an ED visa, not for past expired ones.

    • @ronangel9858
      @ronangel9858 4 หลายเดือนก่อน +1

      ​@@calky360 the application fees started the 1st October 2024 with the new pricing.
      TE will tell you unless you have the OBEC certificate, immigration won't issue the TE visa to anybody who has held an ED visa in the previous 3 years.

  • @mikeleafs
    @mikeleafs 4 หลายเดือนก่อน

    Is there such a thing as a self defense course visa in Thailand?

    • @effewe2
      @effewe2 4 หลายเดือนก่อน +1

      I think they have Muay Thai training visas, but not sure.

  • @angelinetugmuan1981
    @angelinetugmuan1981 หลายเดือนก่อน +1

    💜💜💜💜💜💜💜

  • @fafafatim
    @fafafatim 2 หลายเดือนก่อน +1

    But with the 20 years plan, can someone become a singer..????

  • @DogMen-Pat
    @DogMen-Pat 4 หลายเดือนก่อน +2

    I got denied from the 20years elite visa program.
    They didn't give me any reason but it was probably because I had a 1year student visa.
    Which is alright, I'll just do border runs and student visas and save some money I guess 😊

    • @tonythaiger93
      @tonythaiger93 4 หลายเดือนก่อน

      Was it a shady ed visa? mean you actually attended school regularly??

    • @RingoSG
      @RingoSG 4 หลายเดือนก่อน +1

      Ed visa is the reason.

    • @passportmarc
      @passportmarc 4 หลายเดือนก่อน

      Smart move

  • @nickymartin9067
    @nickymartin9067 4 หลายเดือนก่อน

    They need to eliminate taxation for elite privilege holders.

  • @yappering
    @yappering 4 หลายเดือนก่อน +1

    Insane inflation on these ... price nearly doubled in just 3 years after COVID. Not a good value

  • @johnrhodes2367
    @johnrhodes2367 4 หลายเดือนก่อน

    With the Elite visa, I think they should make it so you don’t need the 90 day reporting.

  • @admiraladama2373
    @admiraladama2373 3 หลายเดือนก่อน

    Quick question I currently have the ED visa right now (which I wish I didn't have), so I'm not able to apply for the elite visa until the ED visa runs out correct? I just want to get the five year elite visa perhaps I may upgrade later I can pay for the five year visa upfront so I don't care.. well anyway any input would be appreciated thanks.

    • @JettGunther
      @JettGunther  3 หลายเดือนก่อน

      I’m not an insider on this matter, but based on what I’ve seen, If your school is a reputable institution, then Thailand Elite should accept your application no problem. At this time it’s free to apply so you can give it a shot and see if you get approved and then you can pay later. You can get started here tally.so/r/w8zNvl

  • @MuttaqiShabazz
    @MuttaqiShabazz 3 หลายเดือนก่อน

    $1,000,000 for a 20 year visa? Is this correct?

  • @noctislupus1
    @noctislupus1 หลายเดือนก่อน

    Jett, or anyone who can answer this. I recall you doing a video some time ago about what it was like to live like the .01% or something similar where you went into every detail from the cost of insurance, eating out, car service, everything. Well, I've searched high and low and now I can't find it. Any help would be greatly appreciated.

    • @JettGunther
      @JettGunther  หลายเดือนก่อน +1

      I removed it because the Elite Visa price has since been adjusted WAY up and that affects all the calculations in that video.

    • @noctislupus1
      @noctislupus1 หลายเดือนก่อน

      @@JettGunther shoot. I knew that the price had gone up, I managed to slide in just under the increase. My wife and I still referenced the video frequently as I'll be there in May. Thanks for all the work you do. We watch every thing.

  • @NoShowPelican
    @NoShowPelican 4 หลายเดือนก่อน

    It's a shame you can't get a 5 year driving licence with it

  • @chrisq.6857
    @chrisq.6857 4 หลายเดือนก่อน +1

    High costs and now you will be liable for income tax on yr world wide income ...and the best is you still have to report every 90 days after paying all that money !!!!!

    • @advwxyz
      @advwxyz 4 หลายเดือนก่อน

      Correction- if in TH for more than 180 days, then taxed on the money you remit to yourself in TH from afar.

  • @ttyler2222
    @ttyler2222 3 หลายเดือนก่อน +1

    Seriously wouldn’t recommend it, the “complimentary “ benefits are non existent for 5 year visa holders. Most of the benefits we were promised were revoked in the last few years, something we’ve discovered is a very Thai approach to everything . Only benefit is using APAC desk to clear immigration quickly. Everything else is a load of rubbish, we’ve tried calling for assistance and we’re generally told we have to book months in advance.

  • @user-tg6lp1oh3t
    @user-tg6lp1oh3t 2 หลายเดือนก่อน

    Do I understand correctly that the cost of a five-year visa in total will cost 900,000THB? The video just talks about membership fees. How much do I need to pay in total for five years?

    • @uksoul2001
      @uksoul2001 หลายเดือนก่อน

      Yes, 900,000 THB for 5yrs.

  • @goldplaybest
    @goldplaybest 3 หลายเดือนก่อน

    I got rejected a few months ago saying bcs of my education visa. But i should try again with the new prices they told me...

    • @fearless6947
      @fearless6947 หลายเดือนก่อน

      what was the new price? Is it 50 percent more?

    • @fearless6947
      @fearless6947 หลายเดือนก่อน

      seems like everyone is getting rejected because of the ed visa.

    • @goldplaybest
      @goldplaybest หลายเดือนก่อน

      @@fearless6947 i wanted the 20 years so about 400%

  • @yuriinaba753
    @yuriinaba753 2 หลายเดือนก่อน

    How does this work if you have kids under 18? They each need one?

  • @passportmarc
    @passportmarc 4 หลายเดือนก่อน +3

    I feel ripped off. I paid last month and will be flying in 2-3 weeks. Now Thailand is going to boost Canada visa exempt to 90 days… imagine how easy it is to stay a year now with 1-2 bounces and 1 visit to Vientiane for a real TR ? What a joke 😒 i hope elite steps up their game and gives us a goodie like no 90 day reports, possible work visa or non b like residency after a few years.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      You're referring to the border run loophole. I discuss the risks in 13:50

    • @blackcoffeeclub
      @blackcoffeeclub 4 หลายเดือนก่อน

      Where have your read they would be changing the visa exemption to 90 days for Canadians?

    • @passportmarc
      @passportmarc 4 หลายเดือนก่อน +1

      @@blackcoffeeclub integrity Thaïland just made a video about it its coming ..

  • @marialangley5528
    @marialangley5528 หลายเดือนก่อน

    I'm soo happy I found your channel. How is your other friends that was on tnt. I was disappointed to see that you and your friend have not been there. I hope you and your friend are doing well. Crypto col

  • @kencolvin8613
    @kencolvin8613 4 หลายเดือนก่อน +2

    The only thing that gets me nervous is the new tax system otherwise I'm considering it.

    • @JettGunther
      @JettGunther  4 หลายเดือนก่อน

      It affects everyone, not just Elite Visa holders.

  • @colwalker3220
    @colwalker3220 21 วันที่ผ่านมา

    Retirement visa requires 800k not 600k

  • @commonsenseisntcommon1776
    @commonsenseisntcommon1776 4 หลายเดือนก่อน +4

    It's insane what they raised the price to now! Fck no!

    • @magicfire1
      @magicfire1 4 หลายเดือนก่อน

      Price increase is just mad. It was a steal before but now... I guess wealthy people don't give a f