Flexible Plus News Today

The Long Term Resident visa grants digital nomads permission to work in Thailand (Digital Work permit) and tax exemption for overseas income

Thailand Privilege Card Co (TPC), the operator of Thailand Elite Card, is targeting investors from CLMV (Cambodia, Laos, Myanmar and Vietnam), particularly Chinese businessmen who have been naturalised, to invest more in real estate.

The Thailand Flexible Plus Program is only open to Thailand Privilege Card members, and offers international investors the ability to convert their privilege entry visa into a non-immigrant (B) visa, which will then enable them to apply for a work permit.

In a bid to entice skilled foreign workers to move to Thailand and stimulate the economy, the state-owned Thailand Privilege Card (TPC) recently introduced new long-term visa perks that include a work permit. The novel programme is called Flexible Plus, which falls under the Elite Card scheme.

Thailand plans to use a newly introduced Thailand Elite Card programme offering a work permit to lure investments from international professionals.

BANGKOK: The Cabinet has approved assistance for the property sector through the “Flexible Plus Program” that gives a work permit to any foreigner who invests at least US$1 million in Thailand.

A Cabinet meeting on Tuesday approved the Flexible Plus programme for holders of Thailand Privilege Card, also known as Elite Card, to promote the investment in target industries and real estate business by foreigners with high purchasing power, said deputy government spokeswoman Traisulee Traisoranakul on Tuesday.