Thailand's Big News: 10-Year Visas for Investors in Special Places

Thailand's investor-friendly 10-year visa plan awaits! Join the growth in the Eastern Economic Corridor with streamlined processes and exciting perks. Invest wisely, stay longer!

Nov 24, 2023 - 03:58
Nov 24, 2023 - 03:59
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Thailand's Big News: 10-Year Visas for Investors in Special Places
Thailand's Big News: 10-Year Visas for Investors in Special Places

Good news from Thailand! The country wants more friends to invest in special places, so they're offering 10-year visas. This means if you invest in certain businesses in the eastern part of Thailand, you can stay for a long time!

Starting next year, it will be much easier for investor friends. The government is working to make things simple and welcoming. The plan is to bring in a lot of money - 500 billion baht (that's a big number - $14.23 billion) over the next five years. That's like 100 billion baht every year!

Right now, they get about 75 billion baht each year. So, they want to make it more - a lot more!

If you're a company investing in cool and eco-friendly industries, you get even more perks. You can bring in your team - employees, specialists, and bosses. Plus, you get a special work permit for the special area called the Eastern Economic Corridor (EEC). You'll also pay a flat tax rate of 17%, and the best part? A 10-year visa!

This special area, EEC, is important for Thailand. It's like the heart of their plan to grow and bring in cool businesses, especially those with high-tech ideas.

Thailand's economy hasn't been growing as fast as they want, so they're making these special offers to get more friends to join in and help make things better. Exciting times ahead!

Also Read: Binance and Gulf Energy Collaborate for Easy-to-Use Crypto Exchange Debut in Thailand

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