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What are the terms for an investment visa in Thailand if I invest 20-25 million baht into new condos?

Investment Visa Thailand Immigration Non-Immigrant Type IM Visa Investment Requirements Thai Elite Visa Living in Thailand Expats in Thailand

Apr 19, 2018

7 years ago

Jimmy ************

ORIGINAL POSTER

I heard someone mention something about investment Visa! If I’ll invest 20-25mill baht into new built condos! What’s the terms for the visa? Anyone knows where I can find information about it?

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TLDR : Answer Summary

The conversation discusses the requirements and general advice regarding obtaining an investment visa for Thailand, specifically for individuals planning to invest in new condos with amounts ranging from 20 to 25 million baht. Although someone shares a link to official information from the Board of Investment (BOI), there are also cautionary comments about the returns on investment in Thailand and alternative recommendations such as the Thai Elite Visa, which offers long-term residency but does not permit work.

Michael *********

Save yourself 19m bht & get a 10y Elite Visa. Thailand is not the place to invest.

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Jimmy ************

ORIGINAL POSTER

@Michael ********

well money is being made in other parts of the world, but the life quality in SE Asia is better! Making money in Thailand is too much of a bother! Here we drink Thai rum and drink Singha 😀

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Michael *********

@Jimmy ***********

it’s legitimate, numerous members hold such a Visa. You cannot work on this Visa, it’s appeal is the ability to come & go as you please, VIP all the way 🤑

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Jimmy ************

ORIGINAL POSTER

@Michael ********

sounds to good to be true! But thanks will look into it! And that’s why we love 🇹🇭 everything can be bought 😂

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Michael *********

@Jimmy ***********

Thai-Elite.com.

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Jimmy ************

ORIGINAL POSTER

What is a 10y elite visa? Can you send me an url?

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Jimmy ************

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Tod *********

These are the requirements to get an EXTENSION of stay based on investment.

They are not the requirements to get the initial Non-Immigrant Type IM visa

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Tony ********

Can you afford to lose it?

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Jimmy ************

ORIGINAL POSTER

Well I could but rather not! No one ever want to lose money

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Jimmy ************

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Alan *******

Good thing this is not Thai Investment Advice forum, or we would start talking about condos. 🤐

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Jimmy ************

ORIGINAL POSTER

I asked about a visa connected to investment and last time I checked this is a “Thai visa ADVICE” so what is your issue?

Go hug a tree or something!

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Jimmy ************

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Robert *******

They can tell you all you want to know:

****************************

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Robert *******

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