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Plan to grant work permits to foreigners who invest $1m clears first hurdle


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The incredibly deficient Thai education system is on display each time a new policy or idea is uttered. It's not surprising the country is so underdeveloped. 

If you want to lure investment into a country you don't normally make people pay for the privilege.   It looks like 1,000 people are expected to take up this offer. It will be interesting to

So if i get it right, WP in Thailand is such a coveted sought after and so precious credentials to have that you need to invest $1million to be bestowed and awarded this rare, once in a lifetime thing

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2 minutes ago, NightSky said:

 

If its to launder untaxed money from China the allocated quota might fill quickly. 

Go to Portugal, buy a 500,000 EUR house and get permanent residency.

Maybe not a lot questions asked from where money came from.

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1 minute ago, OnTheRun said:

Kudos to you mate, in almost 20 years residing in Thailand I know 1 person who has made his money (rich) within Thailand, everyone else made it before moving here. I don't doubt you have but for you to know 24 such people seems to be a bit of an over statement.

I know them as well (from TV shows)

Never met them in person.

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What other privileges do you get for that?

Well, in many neighbouring countries ,you only need to register a company or become Director of a limited Company to get a work permit. Simple & easy.

My multiple re- entry ONE YEAR visa in Brunei costs my company £28.00 only. Obtained within one hour if immigration office is busy.

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6 hours ago, webfact said:

Plan to grant work permits to foreigners who invest $1m clears first hurdle

If I had 1 Mill US Spare I  think that I wouldn't want to invest that in Los.

Probable wouldn't be here either. :jap:

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19 minutes ago, AlfHuy said:

Go to Portugal, buy a 500,000 EUR house and get permanent residency.

Maybe not a lot questions asked from where money came from.

 

Yes,  Portugal is an option. But does it has ladyboy GOGO bars and great Som Tam stalls? I think not!

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