News Forum - 10-year LTR visa to usher in golden age of prosperity for Thailand

[Thaiger]

The co-founder and CEO of an international real estate technology firm believes Thailand’s Long Term Resident (LTR) visa will provide the foundations for a golden age of prosperity, international travel, and residency. The Kingdom of Thailand launched its latest 10-year LTR visa on September 1 hoping to attract foreign experts and wealthy expats in a bid to boost the nation’s flagging economy. The government believes the visa scheme will invite about 1 million wealthy foreigners and trigger over 1 trillion baht in revenue. Kashif Ansari, co-founder and CEO of real estate technology firm Juwai IQI Group, reckons the LTR is “a […]

The story 10-year LTR visa to usher in golden age of prosperity for Thailand as seen on Thaiger News.

Read the full story

[Janneman]

"No one will apply for a residence visa anywhere in Asia without first looking at Thailand’s options. We have no doubt Thailand is right for enough applicants to achieve its investment and economic goals.”

Looking yes. And then move on to Bali. Or Singapore.

 

 

[TheDirtyDurian]

Let's see how many takers there are after a year. 

[Mazz11]

I wonder where they got the required amounts of finances from.

40 million baht in Thai property, securities or funds for at least three years. This would allow a foreigner to own about 1,600 square metres of land.

That's an awful lot of money to invest in a country run by a junta with a reputation for flip flopping on just about every decision they have made.

[Giltee]

8 hours ago, Janneman said:

"No one will apply for a residence visa anywhere in Asia without first looking at Thailand’s options. We have no doubt Thailand is right for enough applicants to achieve its investment and economic goals.”

Looking yes. And then move on to Bali. Or Singapore.

Or Cambodia. If I’d never met my wife I’d be there. 

[palooka]

The humour story for the day.

[Thommo]

did he work for the TAT previously?