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Thailand to offer 10-year visas to wealthy global citizens

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https://www.thaienquirer.com/32668/cabinet-approves-long-term-10-year-visa-to-attract-foreigners/

 

The measures include:

  • A 10-year “long-term resident visa,” also for spouse and children
  • A work permit
  • Exemption from foreign income tax
  • Land and real estate ownership and rentership rights
  • 90 days report not required
  • No quota of hiring four Thais for every one foreign employee

 

The four groups that can apply for the visa include:

  • Wealthy global citizen: People with a high income of at least US$80,000 in income over the past two years and a minimum asset of $1 million
  • Wealthy pensioner: Pensioners, age 50 and above, with a stable pension of at least $80,000 over the past two years
  • Work-from-Thailand professional: Foreign workers with employers outside of Thailand, more than five years of working experience and make at least $80,000 over the past two years
  • High-skilled professional: Professionals working in targeted industries such as future services, infrastructure buildings, logistical systems and digital systems who make at least $80,000 over the past two years

 

Does anyone have an idea when this will be in effect and when you can sign up?

hopefully the following can.be improved to attract wealthy people: air pollution, tap water (most local people in bangkok do not drink tap water), environment, flooding (year 2011 serious flooding, check bangkok flood map regions and news) and more friendly visa or reporting procedures (it seems the wealthy will be exempted from 90 day reporting)

Surprisingly,  I qualify for the "Wealthy global citizen" category, but I sure don't feel that way!

 

Will be interesting to follow this story as it develops though.

5 hours ago, Maha Sarakham said:

Surprisingly,  I qualify for the "Wealthy global citizen" category

Unsurprisingly, I don't.

i can get a 20 year one by givving em 1  million baht at Thai elite except im not so dumb

7 hours ago, ujjain said:

90 days report not required

so why does everyone else need  one then? I  only earn $79999 a  year guess im more opf a risk to Thailand

7 hours ago, ujjain said:

Wealthy pensioner: Pensioners, age 50 and above, with a stable pension of at least $80,000 over the past two years

be careful they dont make this  the new  norm for  renewals!!

It is old news. The article you linked to is dated "September 14, 2021".  And it was old news when it was posted.

it has been discussed in the news forum and this one before.

It has not been given final approval and may well be changed or dropped.

No need for another topic.

This one now :mfr_closed1:

 
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