Answered7 months ago
Is Thailand introducing a new investor visa for property purchases over 3 million baht?
Is there a new visa being prepared for investors who purchase property worth more than 3 million baht?
Answer summary
Thailand is reportedly preparing a new Long-Stay Visa for international investors who purchase property worth over 3 million baht. To qualify, investors can buy a condominium at that price, rent a property at 85,000 baht/month, or enter a long-term lease of 3 years totaling at least 3.06 million baht. However, there is skepticism regarding the legitimacy of such a visa, with some community members suggesting it might be a marketing strategy by developers rather than a formalized program.
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Benjamin *********
No
ExcitingO*********
Many developers are pushing this idea but so far it is still a rumor.
Nothing has been made law. There are no additional visa options at this time.
Nothing has been made law. There are no additional visa options at this time.
Richard ********
OPSo nothing official about this and that it could be a campaign organized by a developer ?
Steve ********
Have a look at the o-x visa, 10 years stay, need to keep 3 million in bank. Will look at this when my elite runs out.
Arita *****
Yes, Thailand is preparing a Long-Stay Visa option for international investors who invest in property valued at 3 million baht or more.
There are 3 main ways to qualify:
1️⃣ Purchase Property
Buy a condominium unit with a value of at least 3 million baht.
2️⃣ High-Value Rental
Rent a condominium or house with a monthly rent of 85,000 baht or more.
3️⃣ Long-Term Lease
Sign a leasehold contract of 3 years or longer with a total value of at least 3.06 million baht.
There are 3 main ways to qualify:
1️⃣ Purchase Property
Buy a condominium unit with a value of at least 3 million baht.
2️⃣ High-Value Rental
Rent a condominium or house with a monthly rent of 85,000 baht or more.
3️⃣ Long-Term Lease
Sign a leasehold contract of 3 years or longer with a total value of at least 3.06 million baht.
Benjamin *********
@Arita ****
fake newsArita *****
Visa duration: about 12–15 months, depending on the option.
If you already bought property, you may still be able to apply - agencies can help process the visa.
If you already bought property, you may still be able to apply - agencies can help process the visa.
Alan *****
@Arita ****
will it be a multi entry visaArita *****
Alan Bow Yes, it is expected to be a multi-entry visa
Bob **********
No
Jesper *******
A sales gimmick by Sansiri....u still need to qualify the requirements by immigration office
Ellen **********
3 million is not a big investment. I doubt it.
Jim ********
Ellen Castagno Well your doubt is incorrect in this instance
Wallace ******
Possibly the LTR Visa. Not new though.
Bob **********
Wallace Dunn 3 million isn’t going to get you an LTR
Wannikea *********
Recently there has been a bit of social media regarding a development company out of Phuket with ties to the former Prime Minister. It was announced that a minimum 3 million purchase in their development would secure a visa. If I recall they also had a development in Chiang Mai that was qualifying as well. It appeared that there is some Russian real estate involvement in this venture. Regardless, I'd be wary.
Sansiri project, Malina Phuket developer.
Sansiri project, Malina Phuket developer.
CoolBun*******
Wannikea yes it all seemed a little suspect to me.
As I am sure I read it the visa was only for 1 year as well.
As I am sure I read it the visa was only for 1 year as well.
Leong ****
Only selected properties.
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