Govt to entice rich expats - News Summed Up

Govt to entice rich expats


Benefits in the package include a 10-year Thai visa for not only approved special visitors but also their spouses and children, said government spokesman Thanakorn Wangboonkongchana, on Tuesday. The package also includes automatic work permits, the same rates of income tax as Thai citizens, tax exemption for income earned abroad, and ownership of properties and land, he said. The minimum health insurance package required for this group is also US$100,000 coverage per person, he said. Highly skilled professionals who would work as university lecturers teaching subjects related to industries of importance are also within this group, he said. The Board of Investment of Thailand has been assigned to set up a new centre to specifically serve this long-term visa programme, Mr Thanakorn added.


Source: Bangkok Post September 14, 2021 23:15 UTC



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