The government is currently discussing ways of increasing tourism and foreign dollars to help boost the economy.
Introduction of a new visa category, Destination Thailand Visa (DTV), for foreigners seeking to stay in Thailand for an extended period and work remotely (workcation).
The new DTV VISA might be quite attractive to younger people wishing to live in Thailand, however there is a requirement to park 500,000 thb in the bank.
- Skilled foreign talent, digital nomads, freelancers, and those engaging in activities such as learning Muay Thai, cooking, sports training, medical treatment, seminars, and arts and music events.
- Spouses and legal children (under 20) of DTV holders.
Proof of financial support or a guarantee of at least 500,000 baht for the duration of stay. - DTV allows a stay of up to 180 days, with a visa fee of 10,000 baht, valid for 5 years. The stay can be extended once for another 180 days with an additional fee of 10,000 baht.
Improved benefits for foreign students:
- Foreign students pursuing bachelor’s degrees or higher with a Non-Immigrant Visa (ED) will have an easier time finding work and staying in Thailand after graduation.
- Extended stay of 1 year after graduation for job hunting, traveling, or other activities, with certification from the Ministry of Higher Education, Science, Research and Innovation.
Medium-term measures:
It will be implemented from September to December 2024.
- Restructuring and reducing the number of Non-Immigrant visa categories from 17 to 7, starting in September 2024.
- Adjusting the criteria and conditions for the Long Stay visa for elderly people who wish to spend their retirement in Thailand, starting in September 2024.
- Reducing the health insurance requirement for Non-Immigrant visa (O-A) from 3,000,000 baht to pre-COVID-19 levels: 40,000 baht for outpatients and 400,000 baht for inpatients.
- Expanding the e-Visa service from 47 to 94 Thai embassies, consulates, and trade and economic offices worldwide by December 2024.
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