The Thailand Privilege Card firm, which operates the Elite Card scheme, has launched a model new programme aimed toward rich foreigners in need of a work allow. For an funding of 30 million baht, the model new Flexible Plus Programme will allow eligible (read, rich) foreigners to acquire a work permit. The transfer is aimed toward attracting investors and boosting Thailand’s recovery following the financial devastation of Covid-19.
According to a Nation Thailand report, the proposal was approved by Cabinet in October, and investors accepted through the Flexible Plus Programme may even be given the best to work in the kingdom. Nothing to it who’re eligible to take part in the new programme embrace Elite Card members with a card validity of a minimal of 10 years. For those enrolled in the Elite Ultimate Privilege, Elite Superiority Extension, and Elite Privilege Access programmes, playing cards should be legitimate for a minimum of 5 more years. In all circumstances, foreigners need to have invested a minimum of 32 million baht inside a yr.
The programme is primarily geared toward buyers from China, Hong Kong, Japan, the UK, France, the US, Singapore, and Russia. Nation Thailand reports that there are at present over 16,000 members enrolled in Thailand Privilege Card programmes..