Thailand Elite Visa Program
The Thailand Elite Visa Program, known as Thailand Elite or Thai Elite Visa, is basically a visa with privileges that you get for X amount of money that is valid for X amount of years depending on what you are after.
The most popular one is called the Elite Easy Access and it is going to cost you 600 000 THB including VAT. You can then stay in Thailand for 5 years.
There are a few different Thailand Elite Visas that range fram 5 years and up to 20 years. The initial fee differs depending on which one you choose.
During the pandemic in 2020, the Thai Elite Visa has had a record breaking number of applicants who want to enjoy all the benefits of having a Thai Elite Visa.
The Thailand Elite Visa is run by Thailand Privilege Card Co.,Ltd and the official website is Thailandelite.com, which you can find by clicking on the link.
Who would need a Thai Elite Visa?
If you are planning on making Thailand your home base while you travel but you always that the comfort of getting a expedited service through immigration at airport and maybe a chauffeur, then the Thailand Elite Visa is for you.
A secondary safe haven
Given that you can afford it, having Thailand as your secondary safe haven where you know you can easily get to with your Thai Elite Visa, it is actually not a idea. You know that no matter what happens in your country, you can always access Thailand with your valid Thai Elite Visa.
Thai Elite Visa is not a work permit
A very important thing to understand is that a Thai Elite Visa is not a work permit (Just like permanent residency in Thailand does not allow you work). The Thai Elite Visa is just that, a visa that allows you to be in the Kingdom of Thailand as long as your visa is valid.
Age does not matter
Anyone who is looking to get Thai Elite Visa can get it, as long as you pass their domestic background check. It does not matter if you are 19 or 89, you are just as welcome and Thailand is very happy to have.
Thai Elite Visa + Tax residency?
We at SiamInvest.com enjoys the fact that Thailand is a territorial tax country. This means that if you can keep your investments and affairs outside of Thailand, your foreign sourced income will not be taxed by the Kingdom of Thailand. Just note that, just because you have a Thai Elite Visa, you are not automatically a tax resident in Thailand. You need to psychically be in Thailand, boots on the ground, for a minimum of 6 months to being able to enjoy the benefits that comes with this.
Break down the numbers
Just for fun, let's break down the numbers and see what it is going to cost your per year, per month and per day if you want the Thai Elite Easy Access.
The one-time fee is 600 000 THB and it is valid for 5 years (60 months).
600 000 / 5 = 120 000 THB per year
120 000 / 12 = 10 000 THB per month
10 000 / 30 = 333 THB per day
Once you break down the numbers for the Thai Elite Easy Access which gives you a 5 year visa in Thailand, the cost seems surprisingly low. So the only question you have to ask yourself is this, "Do I think my personal life, my lifestyle and my business would grow and be better because of this care-free visa?" - If yes, your next step is simple!