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Residence permits - investment?


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Under Residence Permits one of the qualifications is an "investment" of 1 to 10 million baht (with a subscript that  states that 10 million is the minimum).

Can or does this mean an investment in an apartment to live in, or apartments or houses to rent out (with no employees).

I have been told "investment" in this section means only a business, with employees.

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