Thailand’s post-pandemic economic future is closely tied up with work permit issues.
Starting in September 2022, anybody rich enough can have a Thai digital work permit automatically awarded by the Department of Employment. Under the 10-year Long Term Residence Visa (LTRV), high-potential foreigners including top-flight executives, serious investors, hi-tech innovators, ageing retirees and even the idle-rich are welcome. They are targets of the government’s program to entice affluent aliens to boost the post-covid economy. The definition of affluent varies according to the application category. Basically, if you think one million baht is a fortune, forget the idea. LTRV is managed by the cash-conscious Board of Investment and not by embassies or the immigration bureau.
Further employment attractions of the LTRV are that holders can work legally without the former requirement…
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