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Wednesday, May 8, 2024

Thailand shakes up golden visa scheme, hikes prices by up to 500 per cent

Thailand’s Thai Elite golden visa scheme has undergone a significant overhaul, now rebranded as Thailand Privilege and with price hikes ranging from 50 per cent to 500 per cent across different packages. The move, coinciding with its 20th anniversary, was announced by Thailand Privilege Card Co. (TCP), a Tourism Authority of Thailand subsidiary.

The former Thai Elite visa, priced at one million baht (US$28,587) and available to all, has given way to an exclusive Reserve Card, which is by invitation only and limited to just 100 new members annually. This costs five million baht. Holders of the Reserve Card can keep the good times rolling with five-year extensions, each at a mere 10 per cent of the Reserve card’s current value when they decide to extend.

Thailand has made changes to its Thai Elite visa programme

Meanwhile, the popular five-year visa package,…

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