The Thai cabinet has extended the long-stay visa for foreigners from one to ten years.
The Thai cabinet has extended the long-stay visa for foreigners aged 50 or more from one year to ten. But they must report to the immigration police every 90 days. The visa will be valid initially for five years and could be renewed for another five.
Apart from the age requirement, the visa requires eligible foreigners to have a monthly income of at least 100,000 baht or a bank deposit of at least 3 million baht, to be maintained for at least one year. They must also have health insurance cover for outpatient care and inpatient care.
The cabinet claims that the aim is to help promote medical and wellness tourism in line with the government’s policy.
The target groups for the visa are long-stay visitors from Australia, Canada, China, France, Germany, India, Italy, Japan, Norway, Sweden, Switzerland, the Netherlands, Taiwan, the UK and the USA.
Long stay visitors usually stay in tourist provinces Chiang Mai, Chiang Rai, Chon Buri and other seaside provinces.