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Monday, May 6, 2024

10-year visa gets approval of Cabinet, Ministries preparing rules

The Cabinet in Thailand just approved the creation of a 10-year visa for wealthy foreigners or digital nomads, the target demographic the government has focused on as the solution to the lack of tourism due to Covid-19. They have reckoned that a few high-quality (read: “big spending”) tourists could outweigh scores of the undesirable budget-conscious tourists 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 regulations for a long-term visa for highly skilled 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 intended to attract wealthy travellers from 4 categories that have been the linchpin of the…

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