Thailand Raises Elite Card Visa By 500 Percent To US$142,000

Thailand’s Thai Elite golden visa scheme has been significantly renamed as Thailand Privilege, with price increases ranging from 50% to 500% across different packages. Thailand Privilege Card Co. (TCP), a subsidiary of the Tourism Authority of Thailand, announced the move on the occasion of its 20th anniversary.

The former Thai Elite visa, which was available to anyone for one million baht (US$28,587), has given way to an elite Reserve Card, which is by invitation only and limited to only 100 new members per year. This costs 500,000 baht.

Holders of the Reserve Card can keep the good times flowing with five-year renewals that cost only 10% of the Reserve Card’s current value when extended.

Meanwhile, the popular five-year visa package, which was formerly worth 600,000 baht, has been renamed the Gold Card and is now worth 900,000 baht.

The Diamond Card (15 years for 2.5 million…