Thailand is SCAMMING FARANGS? (MUST WATCH)
āļāļąāļ
- āđāļāļĒāđāļāļĢāđāđāļĄāļ·āđāļ 27 āļĄāļī.āļĒ. 2024
- Is The Thailand Elite Visa a Scam? Customers Say It Is!
How to Survive & Thrive in the 21st Century ð guide.nomadelites.com/
Consult with me now ð calendly.com/nomadelite
Thailand Privilege offers 5 to 20-year visitor visas to Thailand. When you purchase the Thai Privilege Card, you don't get a work permit, and you cannot apply for citizenship with this card.
American expats visit Thailand to enjoy Thai cuisine, culture, and beautiful beaches.
Wealthy expats often choose the Philippines SRRV program, available to retirees above 50.
Wealthy nomads often incorporate offshore companies in Panama to secure second residency in Latin America.
Sarawak's MM2H program is another popular long-term visa for wealthy expats from Canada and the United States of America.
0:00 Start
0:19 Thai Elite vs Thai Privilege
0:54 Thai Privilege Options
4:40 Benefits
6:57 Thai Privilege Customer Reviews
8:20 My Experience With Thai Elite
9:07 Alternatives
9:29 Philippines SRRV Program
10:52 Sarawak MM2H
13:52 Panama Pensionado Visa
Nomad Elite is a cutting-edge, high-tech relocation agency based in Texas, United States of America.
Nomad Elite helps middle class expats and nomad obtain second residency and dual citizenship in Latin America and Europe.
ðšFacebook PageðĨ
/ nomadelites
ðšTikTokð
/ nomadelite
ðšInstagramâĩïļ
/ nomadelite
ðContact Geraldð
gerald@nomadelites.com
In case you liked this video, please subscribe to my channel, here: th-cam.com/users/NomadElite?... - āđāļāļ§āļāļāļīāļāļąāļāļīāđāļĨāļ°āļāļēāļĢāđāļāđāļāļĩāļ§āļīāļ
![[HIGHLIGHT] āļŦāļĄāļĩLIVEāļāļ°? | EP.171 āđāļŦāđāļāđāļāđāđāļāļāļ āļ§āļąāļāļāļĩāđāļĄāļēāļāđāļāļāļāļāļāļēāļĢāļ§āļ°](http://i.ytimg.com/vi/gPWLxa0e_Z8/mqdefault.jpg)
EXCELLENT REVIEW!MERCI!
Thank you
It gets WORSE. You have not factored in compounded interest on the money had you invested it!
Thai Privilege is the most overpriced social visit pass in the world.
I got it last year before they increased the prices. 1 million baht for 20 years. I did it because I hate having to do visa runs and any dealings with immigration. The 90 day report can be done either online or by an agent. If you live in Bangkok, Phuket or Chiang Mai then you can just hand your passport off at the Thailand Privilege office. No more dangerous border runs, no more queuing up at the airport, no more being made to feel like a criminal by immigration officers.
So you're happy with your investment? It's all that matters.
@@NomadElite Yes, so far I am. The uncertainty of the Visa rules in Thailand have been an endless source of stress for me and this gives me some peace of mind.
Happy to hear
Itâs definitely a rip-off. The reality is these SE Asian countries have gotten greedy because they assume tourism wonât slowdown, but just wait because the world is headed for economic hard times (i.e. recession) with ongoing inflation/greed and eventually the bubble will burst, at which point tourism will experience a slowdown. That said, not only is the visa process in Thailand annoying, but Thailand isnât as appealing nowadays because the cost-of-living is overpriced if you take into account the average Thai salary.
What do you find overpriced in Thailand compare to before?
@@waytooready3898 Thailand is over saturated with foreigners and as such the locals are continuing to inflate the price of everything. Sure, you can go live there and find reasonably priced accommodations and goods, but itâs not as easy nor even close to as good a value as it once was as a retirement/relocation destination. Take for example a country such as Vietnam, where the price of goods and accommodation arenât inflated above what most locals can reasonably afford. In (Ho Chi Ming) Vietnam, itâs very easy to find a modern apartment in the prime part of the city for ~$600 or less, whereas thatâs not the case anymore in Bangkok (for that price youâre staying on the outskirts or in a neighboring province). Besides that, Thailand is now taxing any money expats transfer into the country, and so I canât justify paying all that money for a visa along with the requirement to make a visa run every 90 days and also pay tax on money transferred into the country.
You made an excellent point about the potentiality of a not-so-distant economic slowdown worldwide. It's very much in the cards.
What a complete rip off. Why would anyone want to pay that much for a visit pass. Thailand is over rated in my view.
What do you find overrated in Thailand?
Thailand's most prominent value propositions remain its biggest attraction: easy access to young meat and dirt-cheap living.
@@NomadElite with young meat you mean what I exactly think?
â@@NomadElite You mean it's not for those honest and sincere smiles?
@@waytooready3898 itâs polluted, itâs stinking hot with no relief except for air conditioning, authorities are corrupt and greedy, tap water is polluted and undrinkable, everywhere people are money hungry and will do whatever they can to rip off farang. There is one price for locals and another price for farang. Land of fake smiles.
I had quailified for 25k - 20 years in Nov '23 for Thai Elite VISA. I decided NOT to go ahead though I had the cash as it was NOT residency!
Exactly
Thank you for the excellent information about Thailand the new visa sounds complicated
At first I want to go back to my retirement and live there until I'm dead I am 75 years old and still lived there in the United States. I appreciate you for explaining and sharing your experience with me all of the visas.
Youâre most welcome. What countries do you consider for your retirement?
You compared apples to oranges. Comparing Thai elite visa which has no age requirements to retirement programs makes no sense. Shouldâve compared Thai retirement programs instead.
The biggest issue with Thai Privilege is that it is a scam, as many pass holders claim not to have received the services offered by Thai Privilege.
@@NomadElite Youâre burning all kinds of bridges with this TH-cam channel. Defamation is actually a crime in Thailand and in other Asian and Middle Eastern countries.
I know itâs a crime in Thailand which proves how much Thailandâs Elite is trying to prevent people from speaking the truth about their experiences. It really is an ant nation. As customer reviews suggest, Thai privilege is not delivering all services they promise, which is a text definition of a scam. Foreigners should consider filing lawsuits!
@@NomadElite I get you, but to be fair the Thai Elite visa isn't designed for the middle class, it's tailored for wealthy foreigners. If youâre concerned about not receiving all the benefits from the visa, youâre likely not the intended audience. Most participants don't even use half of the available perks.
Will work those into a future video. Thanks.
Dude, just stop with the doom and gloom all you have to do to retire in Thailand is be 50 years old show āļŋ65,000 a month income or deposit $22,000 in the bank and you will have no problem whatsoever. If you canât do that they shouldnât accept you anyways.
Youâre right about the retirement visa. Thatâs fine assuming youâve reached retirement age. This video is about Thai Privilege, a ridiculously overpriced tourist visa!
Not that simple. The income route needs to be verified and embassies are no longer doing that so the only option is the deposit. $22000usd is $34000aud so to me itâs a lot more. I have more than enough and was considering doing that but now they have also introduced new tax laws which has added another layer of red tape BS. They say that retirement pension funds etc will not be taxed however for people like me who will live off rental income and savings interest there is no such promise. Sure Australia has a double taxation treaty with Thailand however I will already need to file my taxes in Australia and have no desire to also file in Thailand and have to go through the process of proving to Thai authorities that Iâve already paid tax. Itâs just another tedious time consuming thing added to the ever growing list of ways for the Thai government to control every aspect of your life. The whole idea of having to alert authorities when leaving the province for more than 24 hours is also beyond the pale. I wish to retire with some freedom but Thailand has become like a nanny state so now Iâm considering retiring in other more relaxed countries in the region.
Everything is a rip off there, dual pricing is very common, it's often hidden in a sneaky way though.
Unfortunately, double standards have become all too common these days.
This is the worst option, they are better options out there
Can't get much worse than that ð
Just go to Cambodia, way better than overrated, overpriced Thailand. 300 usd per year multiple 1 year Visa
Cambodia is much better visa-wise; lower entry visas are available, and getting those visas is less hassle. Food poisoning is a big problem in Cambodia.
Lol RIP Thailand
ð
Yes itâs a huge scam! You basically get nothing that comes close to equivalent value with any of these visas. Their concierge benefits are a joke really. I pay under 5000 bt a year for my marriage visa with a multiple entry permit. Iâm married to a Thai and have a half half child so eligible for a dependent visa. Iâm also over 50 so I also qualify for a retirement visa. I only need to show 40k in income every month right now and thatâs it. Nothing in the Thai bank here is tied up. Why would I ever pay such ridiculous amounts of money for so little? Why would anyone? Even if youâre not in my situation.
Considering the unstable and problematic visa options in Thailand, western families have a hard time relocating to Thailand.
A fool and their money ........