The government has vowed to woo affluent foreigners for lengthy stays, specifically aiming for the wealthy, retirees, remote workers and experts, with the aim of boosting the economy and investment in the country.
The government’s ad hoc committee on new investment privileges for foreigners chaired by ML Chayotid Kridakorn, personal adviser to Deputy Prime Minister Supattanapong Punmeechaow, proposed that the new privileges cover a long-term visa for up to 10 years as well as land and property ownership, as it hopes to attract more than a million qualified people to Thailand over a five-year period.
But the Centre for…
