Foreigners investing 10+ million baht in Thailand can qualify for an Investment Visa via the following methods; a) purchase a condominium unit [or multiple condo units] to the total value of 10+ million baht in a new development or, b) purchase Thai government or Thai state enterprise bonds to the value of 10+ million baht or, c) deposit funds in a Fixed Deposit Account in a Thai Bank to the value of 10+ million baht.
Whilst those with short-term [Tourist or Special Tourist] visas have been able to easily extend them during the COVID-19 lockdown and border closures, some people have been inquiring as to whether it’s possible to convert this visa into a long-stay option such as; Retirement, Dependent, Guardian, Marriage and/or a Business Visa without leaving the Kingdom.
Although you may believe that Social Security and the necessity to have four (4) Thai staff per foreign work permit holder, is a recent regulation change, it’s important to understand that this regulation has actually been in place for both a Business [Non B] Visa and a Work Permit for at least as long we’ve owned and operated Samui Law Firm.
