Investment Visa - How To Get One?

[Donald128]

Hi, I have been working in Thailand for 5 years and would like to stay in this country in case out of work. I understood that there is a minimum investment requirement of 10M Baht for investment visa. Currently I own a condo bought at about 2.5M Baht and another one at 4.5M to be completed in 3 years. Could I have these two investments plus some other to meet the 10M baht requirement? If so, what documents I need to provide e.g. for the second condo, is the purchase agreement enough?

[lopburi3]

You are aware the money must be sourced from outside Thailand? Below is the rule and it is an immigration process so if interested please check directly with them for there current requirements to avoid any suprise.

B. In case of an investment of not less than 10 million baht.

(1) The alien has obtained a temporary visa (NON-IM)

(2) Proof of money transfer to Thailand of not less than 10 million

baht.

(3) Proof of investment to purchase or rent for a period not less

than 3 years of unit in a condominium from an agency or

government agency concerned at a price of not less than 10

million baht.

(4) Proof of investment in the form of a fixed deposit of not less

than 10 million baht with a bank registered in Thailand with Thai

shareholders comprising more than 50% of its shareholders.

(5) Proof of investment to purchase government or state enterprise

bonds with a value of not less than 10 million baht or

(6) Proof of combined investments as set out in clauses (3),(4)

Or (5) having a total value of not less than 10 million baht.