Thailand has taken a significant step to attract more visitors and boost its economy by extending visa stays for tourists, remote workers, postgraduate students, and retirees. This decision, announced by government spokesperson Chai Wacharonke, aims to make the country even more appealing to international travelers and residents.
Starting next month, travelers from 93 countries will be able to stay in Thailand for up to 60 days, an increase from the current 57 countries. This change is part of Thailand’s strategy to extend stay limits for on-arrival visas from 30 to 60 days, targeting the fastest-growing markets.
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For digital nomads and remote workers, Thailand is set to become an even more attractive destination. The validity of their visas will be extended to five years, with each stay capped at 180 days, a significant increase from the previous 60-day limit. This move is expected to draw more remote workers to Thailand, contributing to the country’s economy and global connectivity.
Retirees planning to settle in Thailand will also benefit from relaxed insurance requirements, making it easier for them to enjoy their retirement in the country. International students will be granted an extra year of stay upon graduation, providing them with more opportunities to explore and work in Thailand after completing their studies.
Boosting Tourism in Thailand
Thailand’s tourism sector has been a crucial part of its economy, and the new visa regulations are a strategic effort to revitalize this industry. In the first eleven months of last year, nearly 24.5 million foreign tourists visited Thailand. Despite this impressive number, it still falls short of the 40 million tourists recorded in 2019 before the COVID-19 pandemic.
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The Thai government aims to attract between 25 and 30 million foreign tourists this year, generating significant revenue and boosting the economy. Last year, the tourism industry contributed nearly 1.03 trillion baht (about $29.6 million) to the country’s income. To keep up with its regional neighbors and enhance its tourism appeal, the government has introduced several measures, including the extended visa stays.
Special Visa for EEC Specialists
In another move to attract foreign talent and investment, Thailand’s cabinet has approved a special visa for executives and experts in the Eastern Economic Corridor (EEC). This visa, valid for up to ten years, is designed to attract high-skilled professionals and investors. Approved in November last year, this visa comes with an income tax rate of 17 percent to make Thailand an attractive destination for foreign investments.
The EEC visa covers four categories: specialists, executives, professionals, and their spouses and dependents. It offers a maximum duration of ten years, aligning with the duration of the employment contract.
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Conclusion
Thailand’s decision to extend visa stays for various groups is a strategic move to boost its economy by attracting more tourists, remote workers, students, and retirees. By easing visa regulations and introducing new opportunities for long-term stays, Thailand hopes to recover and surpass its pre-pandemic tourism numbers, while also attracting skilled professionals and investors to its growing economic sectors. These changes promise a brighter future for Thailand’s tourism and economic landscape, making it an even more desirable destination for people from around the world.