How can I qualify for an Investment visa?
Foreigners investing 10+ million baht in Thailand can qualify for an Investment Visa via the following methods; a) purchase a condominium unit to the 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.
Important Note: foreigners applying for an Investment Visa may be permitted to invest in a combination of the aforementioned options [a-c], on a case-by case basis, on Koh Samui.
Example: an investor could purchase two (2) condominium units costing five (5) million baht each or one four (4) million baht condo and deposit the remaining six (6) million baht in a Fixed Deposit [Thai Bank] Account; just as long as the minimum investment requirement of ten 10+ million baht is fulfilled. It’s important for potential investors to note that investment visas do not allow foreigners to work in Thailand, applicants must already hold a Non-Immigrant Visa to qualify and, as stated above, condo investments can only be made in new projects and purchased directly from the licensed developer. Holders of Thai investment visas shall be granted a one-year visa that may be renewed on an annual/yearly basis and the immediate family of the Investment Visa holder, spouse and/or children, are also eligible for the supporting Non Immigrant Dependent Visa.