INVESTMENT VISA IN PATTAYA
INVESTMENT VISA PROCESSING
The Non-Immigrant IM Visa (investment visa in Pattaya) can be applied for by foreigners that have invested an amount of at least 10M THB in Pattaya for Thailand. The government introduced this visa (again) to attract foreign investment in the country.
The country of Thailand has long been an attractive location for foreign investors seeking to take a piece of thriving international business and trade that flourishes in Bangkok. Thailand’s economy is consistently very strong, and rests on major exports such as rice, textiles, fishery products, cars, computers, and jewelry. In addition to its lucrative benefits, Thailand also offers beautiful scenery, tranquil countryside, a bustling metropolis, delicious cuisine, and a unique cultural heritage that is showcased in local markets, fairs, and festivals.
This was previously done in 1997 to compensate for the poor economic situation during the Asian Financial Crisis (at the time, the ceiling of the investment amounted to 3M THB). Foreigners that currently live in Thailand with this visa can still renew it every year, but since October 2006, no other (old) investment visa can be issued.
The amount of 10M THB may seem high, but with the prices of a new condominium easily amounting to 250,000 THB per square meter, this minimum is usually reached rather easily.
Moreover, the law does’t require one investment of 10M THB thus a combination is possible as long as one invests in:
- The purchase or rent of a condominium for a period of no less than three years issued by a relevant agency or government
- The form of a fixed deposit with a Thai bank, under the condition that Thai nationals hold more than 50 percent of the shares, or
- Purchase of government or state enterprise bonds
Make a Appointment for Investment Visa
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OTHER VISA SERVICES
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