Home‎ > ‎Newsflash in detail‎ > ‎

Thailand to lure wealthy foreigners with residency visas

posted 16 Oct 2022, 06:48 by Happi Mess   [ updated 16 Oct 2022, 06:56 ]
fastrack index




in thaibis.com search
Visa Thailand

or  link 

About




Source




Thailand joins global race to lure wealthy foreigners with residency visas



As Covid-19 recedes around the world, many countries are granting special long-term visas for affluent foreigners in a bid to boost tourism and attract talented professionals to speed up their economic recovery.


Thailand launched the updated Long-Term Resident (LTR) visa on September 1, joining Japan, Singapore, the United Kingdom and United Arab Emirates in granting long-stay rights to targeted foreigners – though terms and conditions vary from country to country.

From last month, Thailand halved the fee for its LTR visa, which lasts for 10 years, from 100,000 baht to 50,000 baht to attract four groups of foreigners – wealthy people, retirees, those who want to work in Thailand, and experts. The government expects the LTR visa to bring in at least 1 million people per year, significantly boosting economic recovery after Covid.

Specific conditions have been set for each group. Affluent applicants must have combined assets of at least US$1 million and an income of at least $80,000 per year. They must also invest at least $500,000 in Thailand, in property or other assets.

Meanwhile, retirees and experts must earn at least $80,000 per year, while the latter must have at least five years’ experience working at a specialist level in a targeted industry.

Those who want to work in Thailand must earn at least US$80,000 per year and also have a minimum five years’ experience working in legally registered companies with total revenue of $150 million in the past three years.

The visa also covers up to four family members, including dependents under 20 years of age.


Elsewhere, Japan has launched the High End Talent Visa to attract skilled labours in agriculture, construction and other fields where demand is high for foreign workers. Applicants must pass a language test and other relevant training. The visa has unlimited validity.

Singapore plans to launch the Overseas Networks & Expertise Pass (ONE Pass) in January next year. The pass is valid for five years but can be renewed. Applicants must have at least 700,000 baht fixed income per month and must demonstrate that they have been working for an established company overseas for at least 1 year, or will be working for an established company in Singapore. Individuals with outstanding achievements in the arts and culture, sports, science and technology, and academia and research qualify for the ONE Pass, even if they do not meet the salary criterion.

The UK launched its High Potential Individual Visa in May this year. The visa is valid for two years but can be turned into a long-term work visa if conditions are met. Applicants must have graduated with a degree from an eligible institute outside the UK in the past five years and scored B1 or higher in the English language test. A criminal record check is also required.

The UAE, meanwhile, launched the five-year UAE Green Visa last month to attract highly skilled workers, digital nomads and investors. Eligible candidates must earn at least 150,000 baht per month and hold a bachelor's degree or equivalent. Business owners can also apply provided that their revenue exceeds 3.5 million baht in the past two years.





Thai visa solutions


2015.02 easy visa thailand ad.jpg

Thai Visa Solutions 

No fees
  No agents
    Deal direct with the department, see more

We can,  We do !  

video external link
Image result for Thailand’s new work permit penalty regime






 
 Tham Bun    Thai Love     Marriage     Thai Language











Your Comments




add your comments in the link - fbk group bkk adventure























Pls share me 






Thailand to lure wealthy foreigners with residency visas https://lnkd.in/gUvfP68N










Related topics

















Tourism Bangkok





Local host 

 
Bangkok PAC 

Personal Assistant  
(translated: Laeh kha suan dtua)

Our priority is You! 
We Orientate, Translate and Negotiate to ensure your seamless experience.





or D.I.Y.


showing last 5 changes see all  Directory Tourism

Industry and ThemeName & URLMain Function
All -> master Index Master Index all tables 
Attractions Bangkok Directory Attractions Bkk all Attractions 
Hospitality Hospitality: Master Index Index 
Markets Markets Bangkok index 
Local Travel Hosts Travel Host Directory Index of local hosts services 
Showing 5 items from page Master Directory Tourism Bangkok sorted by edit time. View more »

  Prices from online booking services 


or try         
















NEW TO TOWN

Google doc version with summary of tour zones 




Buy us a coffee



if you like info, keep us going sponsor a coffee
when I roam around town with a few bags of camera gear, phones and compass I get tired 
in this link you can buy me a coffee and include a message which helps so much

ultimately I prefer support for visit my local charity project 
FSCC Foundation Slum Child Care log of my visits and money raised



Join our Community
https://lh5.googleusercontent.com/6QWwu3xcfVG0kc2J6OMbS2NGyIpLN5dblJshIQQocOibZJd2I2usCqD4TxKObLNdqzrMExUfLlT8Vqy-cWHhz7Ggp6qY0_ezPIVCWgn_twWIOPIJHmUzLDVRTCclYhY7Yj8Hbug

Facebook groups Bangkok   
Adventure I Nightlife I Tourism I Models   members 100,000













Other topics










Bkk River Icons



Best Icons along 









Bkk Sports Bars

Bangkok's Best Sports bars 













LuckyPhill heads or tails




undecided .. flip it heads or tails 















guess what this is about ... lol


Unusual and Unique Thai Ads inspiring creativity 














So you don’t know WTF to do with your life? You’re not alone.

Let the internet determine your future destiny. This website exists as a choose-your-own adventure guide to happiness and life fulfillment.

WA All you have to do is click here













Share the love




 
Bangkok Adventure
Public group · 24,951 members
Join Group
The focus: BANGKOK TOURISM: Activities, tours and Adventure Mission / Group rules @ http://www.thaibis.com/a-z/f/facebook/Bangkok-h-and-t#TOC-GROUP-R...




















Other stuff









Places visited


News

Recent announcements

  • 30 Hilarious awkward Beach Photos Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com searchAwkward beach Photosor linkhttp://bit.do/Hilarious-Beach-Pics-tb Aboutsource ...
    Posted 17 Nov 2022, 18:51 by Happi Mess
  • 21 Actors as Children and Now Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Actors Children and now or link  http://bit.do/21-Child-Actors-today About ...
    Posted 17 Nov 2022, 18:53 by Happi Mess
  • 2000 journalists at APEC Bangkok Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Apec Bangkok or link  http://bit.do/ApecBangkok2022 About Source More than 2,300 ...
    Posted 17 Nov 2022, 00:51 by Happi Mess
  • Thai transgender buys Miss Universe org $31 million Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Miss Universe or link  https://lnkd.in/gfhxav7K About Source Thai transgender activist buys ...
    Posted 30 Oct 2022, 22:56 by Happi Mess
  • Thailand to lure wealthy foreigners with residency visas Top fastrack index links below image fastrack index FREE QR code reader in thaibis.com search Visa Thailand or  link  https://lnkd.in/gUvfP68N About Source Thailand joins global race ...
    Posted 16 Oct 2022, 06:56 by Happi Mess
Showing posts 1 - 5 of 322. View more »




Comments