10-year visa gets approval of Cabinet, Ministries getting ready guidelines

The Cabinet in Thailand just permitted the creation of a 10-year visa for rich foreigners or digital nomads, the target demographic the government has targeted on as the solution to the shortage of tourism due to Covid-19. They have reckoned that a couple of high-quality (read: “big spending”) vacationers may outweigh scores of the undesirable budget-conscious vacationers that flocked to Thailand before the Covid-19 pandemic.
A government spokesperson announced today that the Ministry of Labour and the Ministry of the Interior are already working on drafting the laws for a long-term visa for extremely expert digital nomads and rich expats to stay in Thailand long-term. They say that luring these high-quality tourists will drive economic and investment stimulus measures.
The 10-year visa is meant to draw wealthy travellers from four classes which have been the linchpin of the government’s tourism efforts for the last several months:
While the eligibility guidelines are still being nailed down precisely, they have announced some promising details on pricing. The visa will be given for five years first at a price of 10,000 baht per 12 months and may then be prolonged another 5 years. At a complete 10 12 months price of a hundred,000 baht, it’s considerably cheaper than the current long-term visa options of the Thai Elite Visa program the place a 5-year visa is 600,000 baht, a 10-year visa is 1 million baht, and a 20-year visa is 2.4 million baht including its annual charges, for some cause fairly a bit costlier than simply buying two 10 year visas.
The remainder of the rules are additionally still being worked out, however the Ministry of Labour assures that foreigners who get hold of this visa will have the power to start work immediately upon touchdown in Thailand and will not have to wait for their work permit application to be completed and for a work allow to be issued. Once the remainder of the principles are absolutely set up comet the Ministries will make a formal announcement and the new visa can go live.
ผลไม้อบแห้ง who wish to begin the appliance process for the brand new 10-year visa can submit their documentation and get qualification certificates at their nearest Thai embassy or consulate, or, if they are already in Thailand, at the Thai Board of Investment at Chamchuri Square in Bangkok..

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