Both the Cambodian and the Thai 10-year golden visas have fallen flat

Expectations that rich or talented foreigners would rush to take advantage of 10 year permissions of stay have failed to gain traction. Neither the Thai nor the Cambodian authorities have published meaningful data on completed applications and little has been heard of either scheme since the launchings last year.

In Thailand, the long term residence scheme is run by the Board of Investment with options for rich retirees, global travelers and executives. Most enquirers have found the bureaucracy most complex with the principal advantage being tax concessions via a digital work permit on income earned in Thailand. The Cambodian variant is actually run by the Khmer Home Charity Association and requires cash investment in an approved property complex….