Today, Thailand’s Cabinet introduced that the fee for a 10 yr Long Term Resident visa could be halved from one hundred,000 baht to 50,000 baht to draw foreigners with ‘high potential’ to reside within the kingdom. Not solely has the payment been decreased, but the eligibility standards has turn out to be extra “flexible,” according to Deputy Spokesperson for the PM’s Office Ratchada Thanadirek. The Cabinet hopes the adjustments will increase foreign investment and enhance the economy in these early post-pandemic months.
The LTR visa is targeted at 4 teams of foreigners: 1) rich foreigners 2) retirees 3) working foreigners and 4) specialists. Hidden are welcome to convey their partner and as a lot as four youngsters, as long as the youngsters are underneath the age of 20.
The teams have totally different requirements to get the visa…
Groups 1 & 2: Wealthy Foreigners and Retirees
Groups 3 & 4: Working Foreigners and Specialists
The modifications will come into effect 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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