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Expat Thailand EP291: Thailands long-term LTR Resident Visa fee is reduced to ฿50,000 Baht! $1,500 USD! How to get your LTR Thai Visa?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:11:07
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Synopsis
Expat Thailand EP291: Thailand's long-term LTR Resident Visa fee is reduced to ฿50,000 Baht! $1,500 USD! How to get your LTR Thai Visa? Thailand’s cabinet decided to cut the long-term resident (LTR) visa fee by half on Tuesday, to 50,000 baht, for foreigners who have “high capability or potential” and want to stay in the country for up to ten years, according to Deputy Government Spokesperson Rachada Dhnadirek. The measure, to come into effect 90 days after it is published in the Royal Gazette, is targeting four groups of foreigners, their spouses and no more than four children who are not over 20 years old. They are high-income individuals, foreign pensioners, people who want to work from Thailand and specialists. The incentive is to encourage foreign investment in Thailand and to stimulate the economy, with an aim of up to one million such foreigners entering and staying in Thailand in the next five years. They could inject up to one trillion baht into the Thai economy, including 800 billion baht in investm