Ambitious plans to attract one million foreigners to become expats in Thailand and potentially allow them
to own land, work without work permits and be granted 10 year visas have been put forward for discussion by a working group.
The plan is to attract
a million foreigners with healthy bank balances and pension pots into Thailand where they will generate an estimated one trillion baht for the Thai economy.
To benefit from things like working with no permit, ten year visas, land purchase rights and low tax on local earnings foreigners would need to invest in real estate and government bonds. That would be half a million US dollars for the top level and 250,000 bucks for pensioners.
The names used by BBN were:
Wealthy Global Citizens
Wealthy Pensioners
Work From Thailand Professionals (digital nomads)
Highly Skilled Professionals
All of the above groups would be granted a number benefits from moving to Thailand including,
visa validity 10 years, permission to work without a work permit, personal income tax charged on income in Thailand at a flat rate of 17% and the right of ownership/long-term lease of real estate (including land).
https://forum.thaivisa.com/topic/1220346-working-group-to-review-plans-to-allow-foreigners-in-thailand-to-buy-land-and-work-without-work-permits/https://forum.thaivisa.com/topic/1219550-tat-proposes-attracting-a-million-foreigners-work-with-no-work-permit-right-to-buy-land-ten-year-stay/