Extension of stay based on the investment. Requirements: 3 million baht since 2020?

[338den]

Extension of stay based on the investment.  Requirements: 3 million baht since 2020?

Recently googled information about the extension of stay based on investments and found that now is a 3 million baht requirement (condo, bonds, or deposit). Seems it changed from 10 million in 2020.

Sources:
1) Thai Embassy in Vienna
https://www.thaiembassy.at/en/type-of-visa/non-immigrant-visa-b-business-and-work.html

2)  Thai Embassy in Singapore
https://www.thaiembassy.sg/visa-matters-/-consular/types-of-visa/non-immigrant-visa-b-business

3) Thai Embassy in Warsaw
https://warsaw.thaiembassy.org/en/page/non-immigrant-visa-b?menu=60f0548f910db13e765640e2

4)  Thai Embassy in Canberra
https://canberra.thaiembassy.org/non-immigrant-visa-category-b-non-b/

Also, I found  different info on the website of Ministry of Foreign Affairs, Kingdom of Thailand
If investing not less than 2 million Baht, he or she will be granted a 1 year permit.
If investing not less than 10 million Baht, he or she will be granted a 2 year permit.
Source: Ministry of Foreign Affairs, Kingdom of Thailand
https://www.mfa.go.th/en/page/non-immigrant-visa-b?menu=5e1ff6f857b01e00a84023d4

[ubonjoe]

Are you look at this one on the MFA website.

2.3   Non-Immigrant Visa Category “IB” (Investment and Business Visa)  is issued to foreign citizens employed to work on  investment projects which are under the auspices of the Board of Investment of Thailand (BOI).  Such projects must be involved in or bring benefit to Thailand in the following ways:

That is not the same non-b needed for a investment extension at immigration under the police order for extensions of stay that still requires a 10 million baht investment.

[338den]

17 minutes ago, ubonjoe said:

Are you look at this one on the MFA website.

2.3   Non-Immigrant Visa Category “IB” (Investment and Business Visa)  is issued to foreign citizens employed to work on  investment projects which are under the auspices of the Board of Investment of Thailand (BOI).  Such projects must be involved in or bring benefit to Thailand in the following ways:

That is not the same non-b needed for a investment extension at immigration under the police order for extensions of stay that still requires a 10 million baht investment.

On the websites of 4 embassies written about Non-B visas and extensions with 3 mil baht requirment (condo, bonds, or deposit).

From MFA website:

4.2 Foreigners who are eligible to apply for visa extension and work permits at the One Stop Service Centre are:
         Foreigner who is an investor.
                 -  If investing not less than 2 million Baht, he or she will be granted a 1 year permit.
                 -  If investing not less than 10 million Baht, he or she will be granted a 2 year permit.

 

 

Edited December 1, 2022 by 338den

[338den]

Singaporean website add more questions.

 

It says that this type of visa enters into force from 9 October 2020.

and

Qualifications and Required Documents are applicable during the Period of COVID – 19 Outbreak only

 

NON-IMMIGRANT VISA-B (BUSINESS)

 

 

 

 

►  This type of visa is provided for foreigners who

       (1) wish to conduct business in Thailand or

       (2) invest in condominiums in Thailand or

       (3) have a Thai bank account or purchase a Thai government bond with the equivalent amount of not less than 3 million Baht.
►  This type of visa enters into force from 9 October 2020.
►  Qualifications and Required Documents are applicable during the Period of COVID – 19 Outbreak only Please check your eligibility to apply for visa at the Royal Thai Embassy, Singapore,
at Instructions for visa application

[ubonjoe]

3 minutes ago, 338den said:

From MFA website:

4.2 Foreigners who are eligible to apply for visa extension and work permits at the One Stop Service Centre are:
         Foreigner who is an investor.
                 -  If investing not less than 2 million Baht, he or she will be granted a 1 year permit.
                 -  If investing not less than 10 million Baht, he or she will be granted a 2 year permit.

 

On the websites of 4 embassies written about Non-B visas and extensions with 3 mil baht requirement.

That is not the same extension that is shown in clause 2.5 of immigration order 327/2557 for extensions of stay that can be applied for at any immigration office.

2.5 In the case of investment:
Each permission shall be granted for no more than one year.

B. Investment of no less than Baht 10 million: