talltom
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What does the "rent for a period for not less than 3 years" option mean? Does this mean that:
a) The annual rent must be 10m or
That the cumulative rent over the 3 years must be 10m, or
c) That the condo being rented must have a value of more than 10m?
It would be difficult to achieve a) or , so I can only imagine that the correct answer is c). Can anyone confirm?
Also, does anyone know what kind of "Government or state enterprise bonds" qualify? Do they have to be denominated in Baht? What is the risk/return profile of these eligible investments?
Many thanks,
Tom -
Hi,
Did you ever find out the answer to this question? I am considering the Investment Visa option as well and am not sure exactly what bonds quality and what the risk/return is of making an investment in them.
Many thanks,
Tom
Investing In Thailand
in Thai Visas, Residency, and Work Permits
Posted
Thanks everyone for your help. Bangkokburning - the idea here is not to make a savvy investment, but simply to get a long-term visa. Whether the 10m is put into Thai bank deposits, Thai Gov bonds or property, the problem will be the same if Thailand ends up in another crisis. The problem is that the alternatives (e.g. business visa by starting a Thai company or educational visa) are either expensive or time consuming or both, so the Investment Visa seems like a reasonable option.
What would you do instead? I would like to live in Thailand without working and without studying and without having to duck and dive every few weeks/months to renew my visa. I have the funds available to invest 10m baht if needed and don't need any income from Thailand in order to live.
All the best,
Tom