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News Forum - Political unrest fuels growth in Thailand Privilege Card membership


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Political unrest and geopolitical conflicts worldwide have propelled the Thailand Privilege Card’s membership count to a staggering 3,871, according to the card’s operator. The card’s operator, Thailand Privilege Card Co (TPC), noted that the long-stay visa, spanning from five to 20 years across four membership categories, has been a significant draw for individuals in countries … …

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Actually a simple calculation reveals they are not the "big spenders" as advertised/hoped for. If 36,400 members contribute to a revenue of 38 billion baht, averaging 3.6 trips annually and staying an average of 50 days per trip, that's 180 days in a year. So they spend an average of 5,800 baht a day in Thailand. 

It's far more likely that many members are fleeing "political unrest" or "political/economic situations in home countries" and essentially buying long-term residence in Thailand. Many countries have investment visas that secure residence (where the investment has to be precisely recorded and in many instances where the funds came from), Thailand has residence for sale. Amazing TAT.

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