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New Thai 4 Year Visa for Digital Nomads

Discuss international visas, immigration and citizenship issues.

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xiongmao
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New Thai 4 Year Visa for Digital Nomads

Post by xiongmao » August 22nd, 2017, 8:02 pm

Guys - there's a new Thai visa available. It's apparently for 4 years and has annual (not 90 day) reporting.

Apparently it's aimed at investors/digital nomads etc.

Details are sketchy right now but post anything you know about it here. I'll be *very* interested in this visa.
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pete98146
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Re: New Thai 4 Year Visa for Digital Nomads

Post by pete98146 » August 22nd, 2017, 8:17 pm

xiongmao wrote:Guys - there's a new Thai visa available. It's apparently for 4 years and has annual (not 90 day) reporting.

Apparently it's aimed at investors/digital nomads etc.

Details are sketchy right now but post anything you know about it here. I'll be *very* interested in this visa.
Very interesting! I plan on retiring in Thailand in 4 years. Great to hear they are considering giving a 4 year visa for investors/nomads. I guess the biggest question that I'd have is to define being a digital nomad. I plan on looking into flipping books on Amazon once I retire or I could do some consulting work for my current employer. If push comes to shove, I could get a You Tube channel going with relative ease if it netted me a 4 year visa!

I think you almost have to read between the lines on this proposal. I've talked to a few digital nomads up in Chiang Mai. The rumblings are that the local Thais are getting a bit upset because they know the digital nomads are making money yet paying no taxes to the Thai government. My guess is that in order to receive the 4 year visa, you'll have to declare a minimum "salary" to order qualify and you'll have to pay taxes in Thailand. That or the price tag for the 4 year visa will be an arm and a leg. Either way, I'm sure the Thai govt will find a way to get their pound of flesh....

Keep us posted and thanks for the update.

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Re: New Thai 4 Year Visa for Digital Nomads

Post by Yohan » August 23rd, 2017, 6:31 am

The requirements, especially financial requirements and which nationalities can apply for this 4-year-visa are unclear.

There is also a 10 year retirement visa recently, but only for a few countries. I was surprised, even my own native country (Austria/EU) which offers fairly high retirement allowances, is not on the list.

There was or still is a 5 year elite visa, but totally failed as the price + investment for this visa is by far over the top.
The Thai government today approved the “Smart Visa,” which will allow business professionals to stay in Thailand for up to four years without frequent check-ins at immigration.

The visa, which was intended to attract talented entrepreneurs from across the globe, would allow holders to stay in Thailand with their spouse and children, without having to apply for a work permit.

The advantage of this visa is that holders do not have to commute all the way to Chaengwattana and report every 90 days — they only need to make an annual appearance, according to the information released on Prime Minister’s Delivery Unit.

The applicants must be investors, startup business owners, high-leveled executives, or highly-skilled professionals.
I am not very optimistic. Even now for a simple 1 year retirement visa you need at least baht 800.000,- in a Thai bank.
Some reports say it's anyway only for 4 years and not 10. Thailand is changing its rules frequently, you cannot believe always what you read.

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Re: New Thai 4 Year Visa for Digital Nomads

Post by droid » August 23rd, 2017, 7:00 am

Side note here, Vietnam has a 1-year business visa for $300 bucks, no questions asked. This might work better for some folks.
1)Too much of one thing defeats the purpose.
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Yohan
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Re: New Thai 4 Year Visa for Digital Nomads

Post by Yohan » August 23rd, 2017, 7:06 am

I never applied for it- but it is said, Cambodia has also 1-year business visa, no hassles. True or not I don't know.
For sure however in Cambodia 1-month-visa and follow-up extension is easy, while Thailand wants you to leave if you have only a 30-days permit.

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Re: New Thai 4 Year Visa for Digital Nomads

Post by xiongmao » August 28th, 2017, 10:40 am

To be clear (or unclear) - this is a NEW type of visa. Details are still sketchy.

If you want to retire to Thailand it's quite easy - there's a retirement visa. You have to be over 50 and deposit some money in a Thai bank. I think it renews on an annual basis.

There's also the 10 year retirement visa.

It's much easier to just live in a neighbouring country like Vietnam. And the Phillies has easier visa requirements.
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Do YOU want to date beautiful foreign women? Find out which country's women are best for you, and which dating site to look for them on!
Want to teach English overseas? Check out my TEFL blog.
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