Foreigners offered new ‘smart visa’ if they buy a condo in Thailand, Elite Card holders offered work permits
the BOI (Board of Investment) are considering adjusting requirements for a so-called "Smart Visa".
Foreigners who
buy an EIGHT million baht condo and don't sell it for five years could get one.
In addition there is now a scheme that if people invest enough in the real estate sector they will be given a "free" Elite Card.
The card would only be given to those that put enough into the market, however, and must be commensurate with current charges for the card that is on sale for up to 2 million baht.
Also for the really well-heeled,
if you plow in 31.5 million baht (US $1 million) you can even get a work permit.