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Government aims to offer work permits to foreigners who invest at least US$1 million

Maya Taylor

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Government aims to offer work permits to foreigners who invest at least US$1 million | The Thaiger
PHOTO: www.pinoythaiyo.com
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Probably the most expensive Work Permit in the world. The Thai government is considering offering work permits to foreigners who invest at least US$1 million in Thai property or businesses. The Centre for Economic Situation Administration has approved a proposal to grant work permits to eligible Elite Card holders. In order to qualify, they must have the top-tier Thailand Elite visa card, which costs 1 million baht and is valid for 5 years. They must also be prepared to invest their funds for at least 5 years.

The governor of the Tourism Authority of Thailand, Yuthasak Supasorn, says it’s hoped the move will boost foreign investment in the Kingdom. It’s hoped the plan could generate 31 billion baht for the economy, 1 billion of which would come from Elite card fees, with the remainder being generated by foreign investment.

PM Prayut Chan-o-cha has instructed the TAT and the Foreign and Interior Ministries to work together on the proposal, before submitting it to Cabinet for final approval.

The CESA has also approved the proposed partnership between the TAT, Thai Airways, and local hotels, in which tourism packages inclusive of quarantine, can be offered to foreign arrivals. It’s understood the packages will be available from December 1 until March 31 next year. The government is targeting 2,000 visitors, generating revenue of 200 million baht every month.

Just another ‘proposal’ we have to keep track of as the visa situation in Thailand becomes increasingly complex.

SOURCE: Nation Thailand

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47 Comments

47 Comments

  1. Avatar

    Galaxy

    November 19, 2020 at 12:21 pm

    Really too cheap my brother! Not expensive enough for us!

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:39 pm

      “plan”…

      …bwahahahahaha!

  2. Avatar

    Eukaryote

    November 19, 2020 at 12:25 pm

    Wow.. a work permit for a million dollars? It’s a bloody miracle. What a bargain! I have been waiting for this my whole life!

  3. Avatar

    Jesus Monroe

    November 19, 2020 at 12:37 pm

    it a bit like a old washed up hooker thinking she 20 years old again……in your dreams honey

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:40 pm

      A poignant analogy.

    • Avatar

      Fred Johnson

      November 19, 2020 at 7:40 pm

      Best comment ever! Hahaha

  4. Avatar

    Toby Andrews

    November 19, 2020 at 12:40 pm

    They are becoming desperate now. Next week it will be invest a half of a million – baht.

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:43 pm

      I’m looking forward to the reinstatement of polygamy in Thailand – a much-missed tradition.

  5. Avatar

    Joe

    November 19, 2020 at 12:41 pm

    These people sure have a sense of humour. Who wants to invest that amount of money in a failed state where there are ongoing protests which could could turn very nasty.

    • Avatar

      Jack

      November 19, 2020 at 2:22 pm

      Like USA, Europe, UK, and almost every other country under control of the kleptocrats?

      Over throw your government(all governments) and take back YOUR freedom!!!

      Abolish immigration and the drug and sex war!

      • Avatar

        ynwaps

        November 19, 2020 at 5:46 pm

        wtf jack?

        • Avatar

          preesy chepuce

          November 19, 2020 at 7:41 pm

          “Jack” from Zhejiang, perchance?

      • Avatar

        SG666

        November 20, 2020 at 8:33 am

        Agree

    • Avatar

      chris

      November 21, 2020 at 10:07 am

      okay, but … that’s the perfect time to be investing.

  6. Avatar

    Vidal

    November 19, 2020 at 1:12 pm

    Meanwhile, a Burmese building site worker gets a 2-year work permit for about $150.

    • Avatar

      Pattaya Lover

      November 19, 2020 at 5:54 pm

      😄😄😄😄😄

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:42 pm

      …and probably spends that much a year at duty free.

  7. Avatar

    SG666

    November 19, 2020 at 2:13 pm

    Not a real good plan to invest in LOScam than if I need to work after investing 1Mio US. If I invest 1Mio US in something I do it because I expect the money to work for me and me myself.

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:44 pm

      Surely you know that investments in places outside the US often are expected to work for someone else…

      • Avatar

        SG666

        November 20, 2020 at 8:37 am

        Really ? Do they ? I have all my assests outside the U.S. and invested outside the U.S. and it works out very nicely.

        I would never ever invest anything in the U.S. or in U.S. businesses or enter into business agreements with U.S. companies or Individuals. This simply because at this moment I would support the U.S. economy.

        Fxxx the U.S.

  8. Avatar

    Tony Grace

    November 19, 2020 at 2:36 pm

    And you will still have to have a Thai with 51% of the holding in his or her name and the only work you will do is tryng to figure out when are they going to disapear with my money,

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:45 pm

      I wonder how much of Thailand is not owned by Thais? It can’t be anywhere near 49%?

  9. Avatar

    Bobby m

    November 19, 2020 at 2:55 pm

    It just gets worse. I wonder how much a month the person who came up with this idea gets paid.

    • Avatar

      Steve

      November 21, 2020 at 1:00 pm

      Too bloody much! Just another of Loong Tuus mindless military appointments to a job they know SFA about!!

  10. Avatar

    Denis

    November 19, 2020 at 3:13 pm

    Thank you for this funny moment…

  11. Avatar

    Joe

    November 19, 2020 at 3:21 pm

    Scary that the people who come up with ideas like this are running the show, we are at the mercy of simpletons.

  12. Avatar

    Mike Frenchie

    November 19, 2020 at 4:07 pm

    Funny, anyone with 50.000 thb and an accountant to make the papers can get a work permit!

    • Avatar

      preesy chepuce

      November 19, 2020 at 7:46 pm

      I thought it was, ahem 20,000, ahem… maybe the source you got that from is subcontracting? lol

  13. Avatar

    murika

    November 19, 2020 at 5:12 pm

    work permit for what job ! there is only a handfull of job foreigners are “allowed” to do in Thailand, and in the million you invest, 51% of the company will belong to a thai person.

    Remind me of a joke i heard when i came live here many years ago: Do you know how to become a millionaire in thailand ? you come with ten millions and you leave with one !

  14. Avatar

    MasterOfDisaster

    November 19, 2020 at 5:15 pm

    Lmao

  15. Avatar

    Ynwaps

    November 19, 2020 at 5:21 pm

    Ah so generous! Glad it’s so easy to pay taxes in Thailand and get anything in return.

  16. Avatar

    Ynwaps

    November 19, 2020 at 6:11 pm

    Also with 1$million you’d get an investment visa. Who needs a work permit? For these things the government wants to attract business for you’ve already got the BOI, which knows what they’re doing. Then they’ve recently got the SMART visa type for skilled foreigners.
    Whoever thought about this clearly doesn’t know how their own country works.

  17. Avatar

    Spike

    November 19, 2020 at 6:24 pm

    How is it that The architects of bad ideas and no brain cells are all Thai government officials??

  18. Avatar

    Issan John

    November 19, 2020 at 6:47 pm

    Bizarre. Simply bizarre.

  19. Avatar

    Remo

    November 19, 2020 at 7:55 pm

    I guess, those guys who invest more than a million bucks, wont be looking for a job in Thailand.

    They can supervise their investment without being officially employed ,anyway.

  20. Avatar

    Ben

    November 19, 2020 at 8:45 pm

    Doubt you can find 5 people that would do this let alone the 1,000+ people needed to bring in the 31 billion baht goal without a stable democratic government and solid property rights. A work permit? To do what work?

    They obviously want rich people to come over and stay and spend so why not utilize something like Malaysia’s “My Second Home” program which has attracted over 40,000 financially responsible individuals and their families since 2002?

    If you continually come up with programs that only benefit you then you’re wasting energy because there will be no takers.

  21. Avatar

    James

    November 19, 2020 at 11:27 pm

    I am just about to sell my house in the UK for the equivalent of $1.2 million.

    I am going to invest it in other rental property, should I do that investment in Thailand?

    Nah, I will invest it here where I have full control, then bung 800k baht in a bank in Thailand, and get a year by year retirement visa.

    Then the most I can lose in Thailand is the 800k baht if things go sour there.

    Is the $1 million dollar investment plan in Thailand a hoax as it sounds so silly?

    • Avatar

      Lance Tuckey

      November 20, 2020 at 5:43 am

      Im in exactly the same boat….selling my house for 1 mill au….i have about 1.3 mill in cash and shares and will invest most in Australia…..taking with me about 200 k….the rest stays here…only taking what i can afford to lose..

      • Avatar

        James

        November 21, 2020 at 1:42 am

        To Lance

        Good luck, yes leave most of it in Oz where you have full control.

        You could of course meet a bar girl, who after a while will tell you her mum and dad are ill and she needs money and a house and a car etc, you could then end up a year later at a bar all alone crying into your beer as I have seen on a few occasions.

        No, let us still to our original plan LOL.

  22. Avatar

    Fat to the Fire

    November 19, 2020 at 11:38 pm

    Pathetic ideas coming out of an ill equipped regime.
    Jumping from one bad idea to another

  23. Avatar

    Fred Fanakapan

    November 20, 2020 at 3:01 am

    Sing to the tune of “She’ll be coming round the mountain when she comes”

    You can stick your fucking visa up your arse
    You can stick your fucking visa up your arse
    You can stick your fucking visa
    Stick your fucking visa
    Stick your fucking visa up your arse

  24. Avatar

    Nipral

    November 20, 2020 at 5:54 am

    One more moronic scam !

  25. Avatar

    James Pate

    November 20, 2020 at 9:06 am

    Anyone who can afford this doesn’t need it. There would be other ways.

  26. Avatar

    lootarzoon

    November 20, 2020 at 12:09 pm

    What do they mean by working permit ? Fuc…G permit ? 1 Million to F…? Joke of the year…!!

  27. Avatar

    Khun plastic

    November 21, 2020 at 12:03 am

    Will you be allowed to buy a couple of square wah of freehold land in your own name to build your own mud hut on?
    If so it’s an excellent deal.

  28. Avatar

    Steve

    November 21, 2020 at 12:56 pm

    Loong Tuu and the TAT must truly be insane!! These brain deads are expecting retirees to fall for these absolutely idiotic scams! The country is f***ed if this is the best these morons can come up with! Stop the quarantine bullshit and the worthless tests and open the country up!! Get real!!

  29. Avatar

    Stefan Svensson

    November 23, 2020 at 2:31 am

    The best entertaining thing so far! Good luck, jackpot is coming!!!

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Coronavirus (Covid-19)

No vaccine, no entry – the world’s next travel challenge

The Thaiger

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No vaccine, no entry – the world’s next travel challenge | The Thaiger

OPINION

UPDATE: Australia’s national airline has already said it will impose “proof of vaccine” on all inbound and outbound international flights, a situation that IATA says they are likely to follow. Read more HERE.

ORIGINAL POST: With the announcements this week about several vaccine candidate trials, either being completed or at the end of their Phase 3 testings, and the applications to government bodies for ‘emergency approval’, we now have to face the next question.

What restrictions will be imposed on those people who don’t have the vaccine, or even actively choose not to have the vaccine?

And more locally…

Will Thailand allow people to enter Thailand without first having the Covid-19 vaccine?

Given the Thai Government’s low-risk strategy, well almost zero-risk strategy, and reluctance to take any chances with a second wave of Covid 19, it is highly likely there will be a stipulation that anyone entering Thailand will need a vaccine certificate or stamp in their passports.

Couple this with the Thai population’s continued fear of allowing foreigners back into the country at this time, in poll after poll, and it’s a safe bet there will be a “no vaccine, no entry” restriction imposed.

On a positive note, the Thai government may drop the 14 day quarantine for people that have had the vaccine (but not in the early days).

At this stage we know that most of the vaccine trials have had a 95% efficacy. We also know that the leading BioNTech/Pfizer vaccine needs an original jab plus a booster and has to be transported at extremely low temperature.

To complicate matters, there is not yet sufficient evidence that having had a bout of Covid-19, whether asymptomatic or not, guarantees you immunity. Or, if it does, for how long?

All these factors will mean that some level of quarantine will probably be in force as the Thai government slowly re-opens its borders to a wider groups of vaccinated travellers. This would remain in force until the world has a better knowledge of both the proven efficacy of the vaccine, or vaccines, and the re-infection rates.

So, even if we start getting groups of the world’s populations vaccinated before the end of the year, and that’s still a very big IF, there’s a lot more water to pass under the bridge until a coherent, reliable vaccine strategy can be understood and implemented.

Then there will be a rump of people, either hard core anti-vaxxers, or others who are at least skeptical of a new vaccine, who will want to wait or not want the vaccine at all. Public education, some strong science and a successful roll out of the early vaccines will be a key to winning over a lot of the world’s population.

Somehow governments and health authorities are going to have to wind back much of the disinformation floating around the internet about vaccines that is so factually out of whack with reality, it’s going to be one of the greatest public health challenges of all time, to reassure people about the science of vaccines and vaccination.

All this, in the middle of a pandemic that, for now, is still on the ascendency as far as new cases and deaths are concerned.

But there is little doubt rejoining the world of international travel, even local travel, could become restricted to only those who are vaccinated. The rest will be stuck roaming around their own countries, or states, for… years with a raft of restrictions on their lives. Who knows.

Will shopping centres or public buildings also impose a “no vaccine, no entry” policy? Hotels? Public buildings? Job applications?

On top of the economic stress which has fallen on a lot of the world, with so many governments now facing the headwinds of deep recession, the vaccine ‘haves’ and ‘have nots’ will add even more public disquiet.

At this stage nobody is sure how the vaccine will be rolled out in Thailand. The Thai government has already signed up for several of the leading vaccine candidates and will most likely provide the vaccine for free to citizens under its public health system.

What does that mean for foreigners living here? If you are covered, with a work permit, under the country’s public health, are you able to get the vaccine for free too? Will the thousands of foreigners on private health insurance be covered?

Surely the insurers will want its customers to be vaccinated. Sick customers cost them money. So, will insurance renewals be limited to only people who have been vaccinated? Will visas be renewed only if you have been vaccinated?

At this stage there are no firm answers to any of these questions.

And then there is the SARS Cov2 virus (Covid-19) itself, a living virus which has the ability to mutate and adapt. Will these new vaccines be effective against all mutations? Again, this is all ahead of us.

We’re certainly now entering a new phase of this pandemic. New challenges, new questions. The rising numbers of cases throughout 2020 is only the first chapter of a book that will be many more years in the making.

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Thailand

Thailand may have to wait for US vaccines from Pfizer and Moderna

The Thaiger

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Thailand may have to wait for US vaccines from Pfizer and Moderna | The Thaiger

As news that US may acquire its first shipment of Covid vaccines in mid-December, Thailand may have to wait to share the vaccines as they will likely be made available to the US and Japan first, before the rest of the world. Pfizer and Moderna recently announced their vaccines were about 95% effective, with some countries starting to preorder the vaccines despite shipment challenges that include maintaining a low temperature during transport.

Already, the US and Japan have preordered 300 and 120 million doses respectively, according to Kiat Ruxrungtham, the director of Covid-19 vaccine research and development project of the Faculty of Medicine at Chulalongkorn University. But Thailand may have other options as Kiat said 11 other pharmaceutical companies are developing the vaccine that could be distributed on a large scale. Out of Thailand’s 7 potential Covid-19 vaccines, 2 have successfully completed the animal testing stage and will proceed to human testing starting in April 2021.

However, Kiat says BioNet-Asia Co’s vaccine may be lagging behind due to the short supply of vaccine precursors, as many have been bought by bigger companies. He adds that a team has been testing Cu-Cov19, an mRNA vaccine, on macaques at Chulalongkorn University’s National Primate Research Centre in Saraburi with BioNet-Asia being the centre’s partner.

He said the project does not had sufficient funding from the government, but the state is finding ways to preorder vaccines from Covax, a company working with the World Health Organization and cooperating with AstraZeneca and Oxford University.

Today, Thailand’s CCSA reports 2 new imported cases of Covid, 1 of which is a 5 month old Indian baby girl, bringing the total number of cases to 3,922 with 0 new deaths. The Centre for Covid Situation Administration reported that the girl arrived on November 11 on the same flight as 2 previously confirmed cases. The baby tested positive 5 days later, while displaying symptoms such as a fever and vomitting.

 

SOURCE: The Phuket News

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Pattaya

Pandemic has washed away Pattaya’s “soapy” massage parlours

The Thaiger

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Pandemic has washed away Pattaya’s “soapy” massage parlours | The Thaiger

While the Covid pandemic has hit Thailand’s businesses hard, it has also washed away its not-so-legal soapy massage parlours after tourism has dried up its clientele. Such places, known as glorified brothels, have left many masseuses out of work as boards have barricaded the once booming establishments.

Soapy Massage (àap-òp-nûat, อาบอบนวด, literally bath, steam, massage)…
These are the bigger massage parlours where girls are presented in the fishbowl and you get the full program (including sex) for a fixed price, depending on the girl starting from 1,500 and up to 5,000 Baht.

Only a few of the soapy services have survived the pandemic in Pattaya, with Honey Massage Parlour being one of them, according to The Pattaya Mail. After adjusting to the new requirements for social distancing, the business has re-opened on November 19. However, its largest shop has closed, once known as Honey 1 on Soi Honey, or Soi 11, the windows are dark and barricaded. Honey Inn is also up for sale.

25 year old masseuse Maywadee, says she used to work in such parlours where she would get a cut of the 1,500 to 2,500 baht fee. She says she used to see up to 7 clients a day, but now that number has been cut in half as Chinese and Japanese tourists, who were her largest group of customers have dwindled. Now, she is thinking about heading back to her home city of Chiang Mai, to sell handicrafts, as her Pattaya income has dried up.

Such parlours feature masseuses that are usually not native to the area, as many come from lower socio-economic areas such as Thailands northeastern provinces, otherwise known as Isaan. Many make the trip to tourist-driven cities like Pattaya, Koh Samui, Bangkok and others, in an attempt to make a higher salary than they would if they were back in Isaan.

SOURCE: The Pattaya Mail

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