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Thailand’s Retirement Visa Tightens as Wealthy Expats Favoured

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Thailand’s Retirement Visa Tightens as Wealthy Expats Favoured

Thailand is shifting its retirement visa strategy to favour wealthy foreigners, introducing stricter health insurance rules and promoting the new Long-Term Resident (LTR) visa requiring high income and assets. This pivot risks alienating middle-income retirees who have long supported local economies and communities. Rising complexity and costs are prompting many to consider alternatives like the Philippines, Cambodia, and Vietnam, which offer more accessible visa options. While the policy may boost short-term revenue, critics warn it threatens Thailand’s reputation as an inclusive retirement haven and may erode the vibrant expat communities that helped define it.

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