To travel, you must apply for what is known as a 1 year ‘non-quota Immigrant’ re-entry visa. At the outset of the scheme, some months ago, Thai officials had suggested that each visitor would generate over ฿830,000, a figure widely dismissed as improbable. The spouse of a Thai national can apply for Thai residency and then full citizenship. Thailand currently offers seven options for golden visas (Thai permanent residence by investment), with the following three being the most popular: Elite Ultimate Privilege The investor will get a 20 years residency visa in exchange for approximately $60 000 USD fee that needs to be paid once, and an annual fee of approximately $600 USD. Apparently, there are five ways of getting a permanent residence in Thailand, including investment, work/business, supporting alien or being supported by an alien who has a residence permit, if you are an expert, and supporting a Thai national or being supported by a Thai citizen.Individuals how have had PR in Thailand status for almost 15 years now, but couldn’t find any cons. Where the applicant has invested in financial instruments the Thai stock market approved or certified by the SEC, he or she must submit a certification of the purchase and evidence of the investment. The Ministry of Public Health has published a list of safe countries as of the 15th October and currently plans to update the list on the 15th and 30th of each month starting from the 30th October. There is also a 191,400 Baht Government fee that must be paid on receipt of the residence book. Invest for residency in europe. There are several options open to foreigners in Thailand who wish to apply for permanent residency status. Visa is required for most foreign nationalities to travel and stay in Thailand for more than 30 days. DPM Supattanapong Punmeechaow, who is also Thailand’s Energy Minister, said that a key goal would be to increase the average expenditure of each tourist entering under the Special Tourist Visa from under ฿50,000 seen in 2019, Thailand’s last year of normal foreign tourism, to ฿100,000 right now. As far as I know there is no special category for monks to apply for permanent residency or Thai nationality. Other legal expertise of the law firm varied in cases involving corporate law such as company registration & Thailand BOI, family law, property law, and private investigation. Once you are convinced that Thailand is for you then the Thai Permanent Residence certificate is an option however it does come with its own conditions as set by Thai immigration. The documentary evidence that must be presented in each case is as follows: Thereafter, by the end of September for the next three consecutive years, the foreigner who has been issued permanent residency status must submit evidence to the Bureau of Immigration that his or her investment has not been transferred. We also use third-party cookies that help us analyze and understand how you use this website. The Permanent Residence Permit allows you to stay in Thailand permanently without the need for a Visa. Last week, a real estate analyst in Bangkok, Wichai Wirat, told the local popular Thai newspaper, the, The Thai government and the Director of the National, Initially, the staff at the Yaowarat Bangkok gold shop, On Tuesday, the cabinet was presented with a ฿210, On Saturday, the Norwegian Medicine Agency confirmed, New economic strategy appears to be more ‘green’, Bail for the Ko Samui police officer accused of rape, The CoronaVac vaccine will be rolled out in Thailand, Industry leaders now convinced that it will be 2022, A senior police doctor in Bangkok has explained that, The deaths are being linked to a drug cocktail popular, The Chinese vaccine has been confirmed by trials in, Latest gambling bust on a casino located at a high-end, The Chairman of the Thai arm of the joint venture, Exporters warn the government that logistics needed, 41-year-old Apichai Ongwisit, an heir to a property, Sources are pointing out that no decision has yet been, Danucha Pichayanan, the Secretary-General of the, Foreign condo buyers to get permanent residency under debt-free scheme being mooted by officials, Get all our latest stories, follow Thai Examiner on, Thanathorn facing serious Lèse-majesté charges after Facebook broadcast on vaccination strategy, Police have arrested the colourfully dressed gold shop robber who rode off with ฿1.9 million jewelry haul, Bank of Thailand official says reopening to foreign tourism vital to kingdom’s 2021 economic hopes, PM puts brakes on the vaccination rollout with warning that caution is the kingdom’s watchword, BCG economic and social blueprint over the next 5 years unveiled, promises more money for less, Royal Thai Police Sergeant Major arrested on Ko Samui, charged with the rape of female detainee, Top virologist Dr Yong defends the use of the Sinovac vaccine to protect frontline medical staff at high risk, Angry and disillusioned tourism operators in Pattaya call on the governor to close down hotels, National police chief 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Thailand who question the US election result, King tells people to rely on their own culture to bring about strength and security for the New Year in Thailand, Strict entry criteria to remain as officials await clarity on the medical status of vaccinated people, Ministers hoping the kingdom can come through 2nd virus wave with minimal economic damage, Thailand raises the white flag on foreign tourism for now as the world fights against the Covid-19 virus, Thailand to launch a moon space programme to boost efforts to become a high-income economy, Thailand urged to get on the ball as the full Brexit gets the green light with Christmas Eve trade pact, Covid lockdown would set back economic recovery efforts and long term goals warns the World Bank, Prime Minister warns employers and bent officials over illegal migrant workers but calls for calm for now, Illegal Chinese fraudsters use fake banking app to steal millions of baht from gulled online SCB users, Top officials urge speedy end to Ko Pha Ngan expat’s appeal to stay in Thailand after dive video outrage, Plan to allow high tech and skilled foreigners to live and work in Thailand for up to four years. Category: Business in Thailand, Immigration. In order to apply for a Thai Permanent Residence Visa you must also be able to meet one of the following: Investment category: Have a minimum 3 Million Baht invested in a limited or public company in Thailand, a Thai state-issued security corp, Thai state enterprise’s security corp, or the Thai stock market. A key condition, inserted at the last moment, by the government when it approved the Special Tourist Visa was that only tourists from countries with low infection rates of Covid 19 could apply for the visa facility through Thai embassies and consulates worldwide despite the mandatory quarantine period on arrival. It allows you to live permanently in Thailand, with no requirement to apply for an extension of stay. It is therefore preferable to obtain a legal residence permit, something that is naturally not that easy if done through official channels. But permanent residency isn’t easy to get in Thailand and applicants need to speak Thai. Permanent residency is mandatory if you want to apply for Thai citizenship. Applying for a Residential Permit in Thailand Those wishing to apply for permanent residency in Thailand need to contact the Thai Immigration Bureau and make an application for a residential permit, also known as a residence permit. Before the permanent resident status is granted, the applicant must have invested at least 10 million baht into the country. Thailand is now taking applications for permanent residency from now until December 30, 2020. So it is clear, at least in respect of this, that Thai officials are beginning to appreciate the reality of the current economic situation. But opting out of some of these cookies may affect your browsing experience. Taking part in the Elite Easy Access programme and obtaining an investment visa for 5 years (participation costs — $15,000). Thailand only allows a certain number of applicants from specific countries to obtain the status of Permanent Resident every year. Obtaining status as a Permanent Resident (PR) in Thailand has many advantages. Requirements for obtaining a Thai residence permit via investment: Taking part in the Elite Ultimate Privilege programme and obtaining an investment visa for up to 20 years (participation costs — $60,000). Son Nguyen is an international writer and news commentator specialising in Thai news and current affairs. After 5 years of consecutive legal residency, you may apply for a permanent residence permit. Residence options range from THB 600,000 (approximately USD 19,000) for the five-year Elite Easy Access option to THB 2.14 million (approximately USD 68,000) for the 20-year Elite Ultimate Privilege option. It comes as the government begins to shift its focus to the economic emergency now facing the kingdom after measures to defend itself against the Covid-19 virus have left the Thai economy decimated and threaten a further deterioration going into 2021. The centre will currently be asked to decide upon plans being developed by government departments to shorten the length of quarantine for those entering the country with the Special Tourist Visa which would allow more tourists to enter the kingdom. He commenced working with the Thai Examiner News Desk in May 2018. Thailand offers a beautiful environment and quality standard of living, so you may want to consider applying for Thai Permanent Resident status, which will bring you many advantages, including living permanently in the Kingdom, without the requirement to apply for an extension of stay. Siam Legal has a team of foreign legal professionals from America, Europe and Asia who are committed to extend impeccable service to its foreign clientele. You will keep your residency permit as long as you maintain the investment and live 183 days per year in Taiwan. Where the applicant has invested in government or state enterprise-issued bonds, he or she must submit a letter from a Thai bank certifying the purchase and a copy and original of the bond certificate. Thailand may introduce a scheme to grant permanent residency to any foreigner who buys a condo in Thailand debt-free and maintains without borrowing for over five years. Eligibility to apply for Thai permanent residence often comes after a prolonged presence in Thailand with work authorisation. If your application is approved, you have to pay another fee for the Permanent Residence Permit Certificate: 95,700 Thai Baht if you applied for Permanent Residency on the basis of marriage to a Thai citizen. Efforts are currently being made to extend the number of hotels participating in the alternative quarantine scheme through what is called the Alternative Local Quarantine Scheme which covers tourist hotspots outside Bangkok such as Pattaya and Phuket, areas hit hardest by the current dearth in foreign tourists. Special Tourist Visa – first Chinese tourists flying in with plans for European visitors to follow soon, Chinese wave incoming as Tourism Minister Phiphat again changes tack to save the industry from utter ruin, China and Thailand forging deeper ties which may pose a problem for western firms in the future, Chinese STV visitors now delayed until later in the month! However, the vast majority of approved cases involve an applicant who has been living in Thailand for a prolonged unbroken period in business or marriage visa status with unbroken work permit status during the same period of time. There are a number of considerations to make before committing into purchasing Thailand Real Estate. Economic expert warns of real calamity, Special Tourist Visa a fiasco as boss warns of at least 1 million jobs lost without mass tourism being reopened, Thailand’s new foreign tourism is limited despite the Special Tourist Visa and new Chinese arrivals, Tourism industry could be left on its knees if curbs on inbound foreigners are not relaxed or lifted in time, Rejigged Thailand Elite card seen as a key tool in promoting the country as an oasis for the wealthy to flock to, Time up for some long-stay business owners as immigration warns of arrests after Saturday’s deadline, Visa amnesty to end with 30-day extensions on application as the focus moves to long-stay visa holders, American and Thai wife arrested for operating an illegal visa business in Bangkok using fake official stamps, Broken-hearted Swede fears history will repeat itself as shock parting left him stranded in Laos for 4 months, Two Immigration Bureau officers in Nonthaburi suspended after video appears to show bribe request, Stranded foreigners must get embassy letter, new visa or leave Thailand to avoid arrest by police, PM signs order granting visa extensions to all valid visa holders until April 30th to cull queues, Officials find a visa solution for up to 500,000 foreigners riding out the coronavirus crisis here in Thailand, Smart cars highlighted by the Immigration Bureau as it seeks out foreigners hiding from the law, Immigration boss warns that a new crackdown on foreigners flouting Thai laws has begun, It’s a hard station for Thai police and foreigners should understand better the job they do to keep order. Thereafter, the applicant must maintain the investment for three consecutive years after the permanent resident status is granted. Obtaining status as a Permanent Resident (PR) in Thailand has many advantages. It should be noted that foreigners from western countries not on the safe list but with links with Thailand as visa holders or by marriage to a Thai spouse as well as work permit holders and a range of other categories, continue to enter Thailand on certificates of entry granted after a full review by the Ministry of Foreign Affairs in Bangkok through various embassies and consulates. You must have lived in Thailand continuously for at least 5 years, meaning that the non permanent residency programme is not very well suited for non-nationals looking for a Plan B option beyond their native countries. The plan is to encourage more visitors under the sole tourist scheme currently on offer. The government’s economic team is looking at a proposal to grant permanent residency to foreigners in Thailand who purchase a condominium unit in the kingdom without a mortgage and keep the property free of debt for over five years. Able to obtain a work permit effortlessly. All rights reserved. Permanent residency can only be applied for when the foreigner: Has made a significant investment in Thailand; Is an executive officer and a signatory of a Thai business with a capital of at least 10M THB for at least one year. The first one is based on investment, which consists of two components: presenting proof of investment both before permanent residence is granted and after it is granted. Before the permanent resident status is granted, the applicant must have invested at least 10 million baht into the country. EEA nationals and non-EEA nationals seeking permanent residency in Serbia must provide proof of: Adequate financial resources to live in Serbia without becoming a burden for the social care system and a dequate health insurance. You also have the option to opt-out of these cookies. The Investment Visa offers the right to live in Thailand to anyone bringing 10 million baht into the country and putting it into the property, government bonds or an account in a Thai bank. This is one of the proposals believed to be under consideration and due to be presented to the government’s Centre for Economic Situation Administration as officials now begin to prioritise economic recovery from the Covid-19 emergency. The visa can be extended for up to 9 months by the holder and is aimed at long-stay tourists to Thailand. Thai Permanent Residency is an option after you have been staying in Thailand for a few years. The first one is based on investment, which consists of two components: presenting proof of investment both before permanent residence is granted and after it is granted. PR’s can also have their name on a house registration document, and will be able to buy a condominium without making a bank transfer from abroad. This website uses cookies to improve your experience while you navigate through the website. Filing Your Application File your application with the Ministry of the Interior. An extension of stay and Permanent Residence status may also be applied for the non-Thai family members. Your dependents may also obtain residency, tied to your residence permit. A residence by investment program is another way of obtaining temporary and permanent residence when you are required to invest in a country of your future residence. There are several residency by investment programmes in Europe that grant residency, often through real estate investment but without the requirement to reside. Moreover, it is another step on the road to acquiring citizenship, and a Thai passport. You can also have your name on a house registration document, and you will be able to buy a condominium without making a bank transfer from abroad. Two Pacific Place Building, 18th Floor, Unit 1806, 142 Sukhumvit Road, Klongtoey, Bangkok 10110 Thailand, freehold, nor sor 3 gor, nor sor 3, possessory right, foreigners in Thailand who wish to apply for permanent residency status, Limited Company or Public Limited Company. Now, it is being reported that the various Thai ministries associated with the Special Tourist Visa are working together to clarify the entry criteria and make the process of obtaining visas easier. It will also make it easier for you to buy a house and/or seek a work permit. It is mandatory to procure user consent prior to running these cookies on your website. One of the peculiar aspects of having Thai permanent residence is that while your permission to stay in Thailand never expires – this is only the case if you never leave the Kingdom. Failure of the investment to meet the criteria would cause the permanent residency status to be revoked. He must have had a work permit for three years and a salary of at least 80,000 THB per month since two years. On Monday, Thailand’s Deputy Prime Minister with oversight of the economy said that streamlining and clarifying entry regulations for foreigners was now a critical objective of the government which must move smartly to regain some portion of the ฿3 trillion a year formerly generated by foreign tourism as the country faces into 2021 with the Covid-19 crisis looking like it may extend into the new year. Acquiring permanent residency in Thailand has many advantages, mainly being Able to stay and live in Thailand with an open visa without any expiry date and serves as a step ahead in order to acquire Thai citizen and Thai passport Able to buy a condominium without having funds transfer from abroad. James Morris is a pename for an international writer based in Bangkok who works on various international news media. You can apply for a Thai residence permit if: You need the citizenship for business or employment reasons You need permanent residency for investment purposes (min. Furthermore, the Bureau of Immigration will also investigate to ensure that the investment meets the aforementioned criteria. Elite Ultimate Privilege is a twenty year residence visa for a once off fee of approximately $60,000 plus an annual fee of approximately $600. These cookies will be stored in your browser only with your consent. There are several options open to foreigners in Thailand who wish to apply for permanent residency status. You’ll need to go to an … Thailand may introduce a scheme to grant permanent residency to any foreigner who buys a condo in Thailand debt-free and maintains without borrowing for over five years. This category only includes cookies that ensures basic functionalities and security features of the website. This is an opportunity that the Thai government offers to only 100 people of each nationality every year. This means that qualified applicants can file their case at the Royal Thai Immigration Office, although it must be noted that the government sets a quota of 100 applicants per country at any given year. The 90 day Special Tourist Visa allows tourists to be granted a visa provided they satisfy a demanding list of criteria including insurance, medical tests and other requirements including booking and payment for 14 days in the government-run Alternative State Quarantine system. There are also income thresholds which must be overcome in or… The safe countries on the list right now are: On Monday, Danucha Pichayanan who is the Secretary-General of the National Economic and Social Development Council said that simplification of the process was essential to make the scheme a success. Be sure to consult our property lawyers before doing so. Temporary residence permit is normally granted for one or two years, subject to renewal either annually or every two years. This Thailand law firm offers comprehensive legal services in Thailand to both local and foreign clients for Litigation such as civil & criminal cases, labor disputes, commercial cases, divorce, adoption, extradition, fraud, and drug cases. A Thai Citizenship by Investment Programme? It allows a foreigner to live permanently in Thailand, with no requirement to apply for an extension of stay. As well as clarifying the list of safe countries to be updated regularly for the purposes of the Special Tourist Visa, officials have turned their attention to approval of new hotels in the Alternative Local Quarantine Scheme in areas outside Bangkok, the latter having being held up until recently by the Covid 19 governing committee. There are multiple categories under which an applicant may apply for permanent residence. Where the applicant has invested in a Limited Company or Public Limited Company, he or she must submit: a certificate of company registration from Ministry of Commerce issued within the previous three months, evidence of Value-Added Tax or Specific Business Tax registration, and copies of the financial balance sheets and corporate income tax returns for the previous three years. In Thailand for a permanent resident status is granted, the applicant must have invested at least 80,000 per. 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