Thailand News Today | New “digital nomad” visa gets cheaper

Thailand’s Cabinet has agreed to reduce the Long Term Resident visa fee by 50% to attract highly skilled foreigners into the kingdom. The fee for the LTR visa, which allows you to stay in Thailand for 10 years, has been reduced from ฿100,000 to ฿50,000.

Changes to the visa requirements could make the lucrative “digital nomad” lifestyle a more realistic option for foreigners who wish to work remotely in the kingdom as well.

Yesterday, the Spokesperson for Prime Minister Ratchada Thanadirek revealed that the Cabinet agreed to make changes to the LTR visa. She said highly skilled foreigners could apply for the visa and pay a one-time fee of ฿50,000 to stay in Thailand for 10 years. Ratchada said the change would come into effect 90 days after the announcement in the Royal Gazette.

The Cabinet hopes that the changes will draw in more foreign investment and boost the…