Thai Citizenship

Being a Thai national can have certain benefits. Obviously you get to stay in Thailand for as long as you want without any worries for visa renewal and visa runs, and you also get to save on your visa application fees and all the hassle involved in the visa application process. But the biggest gains for being a Thai citizen are that you get to have free education, extremely low cost medical, work rights, house and land ownership rights and business ownership rights. This can be especially important and beneficial for people who wants to do business and settle down in Thailand.

Unlike Australia where a foreigner can own 100% of a business’ share, Thailand has a rule where foreigner can only own 49% of a Thai company. Foreigners are also not allowed to own any house or land in Thailand, only condo. More reasons to consider becoming a Thai citizen.

There are 4 main ways we recommend to obtain Thai citizenship. Applicants will need to be aware however, that there are very limited number of spots available for foreigners to become a Thai citizen through business stream. Thai government only looks at Thai citizenship request on a case by case manner. Generally speaking, only approximately 100 applicants will be accepted per country per year.

1) Invest and participate in the Board of Investment (BOI) with the Thai government. Investment amount varies depending on the type of projects, but generally are upwards of 20,000,000 THB.

2) Thai citizenship through business stream. Applicants will demonstrate that they have operated a corporation in Thailand for a set amount of years, and that they have contributed to the Thai government in varies ways, i.e. business tax, personal tax, generated employment opportunities for locals, etc.

3) Through marriage to a Thai national. This option is relatively straight forward. If you are married to a Thai national, you are eligible to be a Thai citizen.

4) Family migration. All direct family members, i.e. parents, children and grand children are eligible to be a Thai citizen.

The time required to obtain Thai citizenship through option 1 & 3 fluctuate. Option 2 as mentioned above, was only allowed for a very limited application every year. Typical waiting time can varies from 3.5 years to 5 years.

What’s next?

If you are interested in becoming a Thai citizen, get in touch with us today.

Thai Immigration Service Ltd.
Ph: 1300 988 520
facebook.com/ThaiImmigrationLtd

Business Visa Thailand

Business visa allows foreigners to work (either for their own company, or someone else’s) and live in Thailand. This visa type is proven to be one of the best and available visa options to migrate to Thailand.

Most people are overwhelmed by the name of the visa and are often frightened by the requirement of Business Visa as it involves setting up and running a business. However, with the right expert on your side, business visa can be as easy as any other types of Thai visa. Here are some basic requirement:

Applicants need to –
1) Open a business in Thailand
2) Has a business address in Thailand
3) The business will need to have 2,000,000 THB of registered capital
4) Open a business bank account in Thailand

Thai Immigration Service Ltd. has helped hundreds of clients realise their dream to move to Thailand using business visa. Get in touch with us today.

Retirement Visa Thailand

One of the easiest, most cost effective, most popular visa option for people to move and retire in Thailand, is the retirement visa. If you are wishing for the perfect retirement, look no further but here.

How to be eligible for the retirement visa in Thailand? The applicant will need to:

1) Be over 50 years old
2) Has 800,000 THB (approx. 40,000AUD) of savings in a Thai bank account, certified by the Embassy of Australia in Thailand
3) Has a Thailand residential address
4) Purchased a health insurance to cover any health related expenses in Thailand
5) A satisfactory police check
6) A satisfactory medical check

One of the good thing for this visa is that applicants can choose to apply for this visa in their home country’s Thai consulate general or in Thailand, but keep in mind that retirement visa holders will need to renew their retirement visa annually, and they are prohibited to have any income in Thailand whatsoever. If you break the law, you may never be able to go back to the paradise again.

Talk to us if you need help with any visa application!

3 common questions on property purchases in Thailand

3 common questions on property purchases in Thailand:

Q1) What are the legal restrictions?

A: Foreigners in Thailand can legally purchase apartments and receive permanent property rights. However, for townhouse / villa / landed house, foreigners will not have permanent property rights.

Q2) What is the property purchase procedure in Thailand?

A: There are typically two ways to buy a home.

a) Off-the-plan:

  • Deposit
  • Contract payment
  • Instalments
  • Pay the balance and transfer
  • Obtain real estate license

b) Existing home:

  • Deposit
  • Signing fee
  • Pay the full amount and transfer
  • Access to real estate license

Q3) For foreign property owners away from Thailand for extended period of time, will there be option to lease out the property?

A: Yes. Fragrant and Sansiri are two examples of real estate company in Thailand. They provide purchasing, leasing and sales services. Property owners can get in touch with them to discuss their needs and requirement.

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