Today, Thailand’s Cabinet announced that the fee for a ten 12 months Long Term Resident visa would be halved from a hundred,000 baht to 50,000 baht to draw foreigners with ‘high potential’ to reside in the kingdom. Not solely has the fee been lowered, however the eligibility criteria has become extra “flexible,” according to Deputy Spokesperson for the PM’s Office Ratchada Thanadirek. Privacy hopes the changes will improve foreign investment and enhance the economy in these early post-pandemic months.
The LTR visa is focused at four teams of foreigners: 1) wealthy foreigners 2) retirees 3) working foreigners and 4) specialists. All groups are welcome to bring their partner and as a lot as four youngsters, so lengthy as the children are under the age of 20.
The teams have totally different requirements to get the visa…
Groups 1 & 2: Wealthy Foreigners and Retirees
Groups three & 4: Working Foreigners and Specialists
The modifications will come into impact ninety days after the Cabinet’s official announcement in the Royal Gazette.
For details about retirement visas click on right here.
SOURCE: Workpoint Today
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