What are the pension conditions in Thailand? What are the advantages of getting an elite visa?

Although Thailand is not an immigrant country in the strict sense, with the continuous development of the national economy and the annual adjustment and relaxation of the visa policy, the number of people who have obtained permanent residency in Thailand has increased rapidly, making Thailand one of the top ten immigrant countries in the world. Thailand's medical care and services ranked sixth in the world in 20 19. Private hospitals are famous for their environment and services, with 2.8 million medical tourists every year, making them an ideal choice for the elderly with high net worth.

For domestic high-net-worth groups, Thailand currently has two long-term residence visas to choose from, one is the Thai elite visa, and the other is the Thai pension visa.

1, defining comparison

Thailand Elite Visa: Also known as Thailand Special Long-term Visa, it is a visa program launched by the Thai government in June 2003 to allow foreigners to live in Thailand for 5-20 years. The project is issued by Thailand's state-owned Thailand Privilege Card Co., Ltd. (TPC), which is a wholly-owned subsidiary of the Tourism Authority of Thailand and is affiliated to the Ministry of Tourism and the Ministry of Sports. Holding an elite visa in Thailand, you can enjoy VIP service and government assistance, settle down in Thailand, provide for the aged, start a business and study abroad for free.

Thai pension visa: it is a long-term immigration status, which can be extended indefinitely by the Thai Immigration Bureau for people over 50 years old. As long as the applicant has certain financial support ability when applying, he can get a one-year retirement visa quickly, without investment and donation, and can renew it indefinitely. Holding a Thai pension visa can settle, support the elderly, start a business and study abroad in Thailand.

2. Comparison of application conditions

Elite visa in Thailand: the main applicant pays a membership fee of 500,000-2 million baht (about 1 1 10,000-460,000 RMB/person) and has no record of overstaying in Thailand.

Thai pension visa: the main applicant is over 50 years old, has certain financial support ability (the domestic bank account can provide 6-month fixed deposit certificate, and the fixed deposit amount is about 6.5438+0.8 million RMB or the monthly fixed income or at least 6.5438+0.5 million RMB pension), and has no criminal record and health certificate. In addition, to apply for an old-age visa, you must also purchase Thai medical insurance with an insurance coverage of more than 400,000 baht. The premium ranges from 6000 to 30000, which can be used for outpatient and inpatient services in local private hospitals and clinics.

In contrast, the age limit for elite visas in Thailand is even smaller, and they can be processed over 20 years old, while the old-age visa is designed for the elderly and needs to be 50 years old. In terms of the amount of investment, the two are similar, the elite sign is to spend money to pay membership fees, and the pension sign needs to buy medical insurance.

3. Comparison of welfare benefits

Thai elite and pension visas belong to long-term residence visas and both enjoy:

There is no need to change nationality in China, but there are also elite and pension visas, identity backup and family plan B.

You can live in Thailand for 365 days/year without restrictions on entry and exit.

Buy medical insurance and enjoy medical benefits in Thailand.

Education welfare, Thailand's international school education inherits the British IB system 150, which reduces the cost, which is probably 1/3 in China.

Reasonable tax avoidance, Thailand covers the Southeast Asian market, reduces the operating cost at home by about 1/2, and exempts the joint venture company from enterprise income tax. Open bank accounts in non-CRS countries, open TOP2 bank accounts, Pangu Bank BankokBank and Kaitai Bank kBank.

4, suitable for crowd comparison

Thailand elite visa: 1. Education needs II. Business trip. Passport with 4. Long term entry 5. Investment and entrepreneurship. Vacation and leisure.

Thai pension visa: 1. Education needs II. Long-term pension Medical needs.

abstract

Advantages of the old-age visa: there is no investment/five-member fee, but it needs to be renewed every year to provide qualification certificates and buy insurance every year.

Advantages of elite visa: valid for 5- 10-20 years, without annual renewal, VIP service.

From the perspective of investment, the cost of the two is similar, both of which are about 20 thousand a year. Elite sign is to pay the fee with money, and pension sign is to buy medical insurance. However, from the perspective of welfare benefits, the entry privileges of elite visas are much more than those of old-age visas, and the age threshold for handling them is low, and they can be handled over 20 years old. From the point of view of time cost, the elite can enjoy the right of 5/ 10/20 years by signing a payment, but it is a bit troublesome to provide asset proof and purchase insurance for renewal every year. To sum up, the Thai elite visa is more cost-effective and more suitable for people who often go to Thailand and have business needs. The pension sign is more suitable for the elderly who plan to live in Thailand for a long time and enjoy the local living environment and advanced medical care.