Former Thailand PM proposes ‘golden visa’ to attract 6 lakh tourists
In good news for wealthy foreign aspirants, former prime minister Thaksin Shinawatra has proposed that Thailand create a golden visa scheme for wealthy foreigners to become long-term residents.Thaksin suggested the nation could attract 6,00,000 people who will be ready to deposit $1 million (₹8,63,11,500).According to Bangkok Post, the golden visa scheme could potentially bring in the equivalent of Thailand’s US$500 billion (₹86,311,500,000) economy, Thaksin said in a speech at the ‘Unlocking Thailand’s Future’ conference hosted by Mcot Plc on Thursday evening.He also emphasised that the proposal will drive GDP growth and reduce the debt.As per the International Monetary Fund, Thailand’s economy is projected to grow by 2.9% in 2025. This growth is driven by a rebound in tourism, private consumption, and public investment. Inflation is expected to remain within the central bank’s target range, while the current account balance is projected to improve. As per reports, Thaksin also urged Airports of Thailand Pcl (AOT) to raise its passenger service charge by up to 300 baht ($9.22) per traveller—a 40% increase from the current rate. Notably, on Thursday, AOT shares rose 11% in trading, closing at the highest since March, after local newspaper Kaohoon reported passenger service charges and landing and parking fees, and started collecting transit and transfer fees.Also read:H-1B visa for US reaches cap for 2026 fiscal year
In good news for wealthy foreign aspirants, former prime minister Thaksin Shinawatra has proposed that Thailand create a golden visa scheme for wealthy foreigners to become long-term residents.
Thaksin suggested the nation could attract 6,00,000 people who will be ready to deposit $1 million (₹8,63,11,500).
According to Bangkok Post, the golden visa scheme could potentially bring in the equivalent of Thailand’s US$500 billion (₹86,311,500,000) economy, Thaksin said in a speech at the ‘Unlocking Thailand’s Future’ conference hosted by Mcot Plc on Thursday evening.
He also emphasised that the proposal will drive GDP growth and reduce the debt.
As per the International Monetary Fund, Thailand’s economy is projected to grow by 2.9% in 2025.
This growth is driven by a rebound in tourism, private consumption, and public investment. Inflation is expected to remain within the central bank’s target range, while the current account balance is projected to improve.
As per reports, Thaksin also urged Airports of Thailand Pcl (AOT) to raise its passenger service charge by up to 300 baht ($9.22) per traveller—a 40% increase from the current rate.
Notably, on Thursday, AOT shares rose 11% in trading, closing at the highest since March, after local newspaper Kaohoon reported passenger service charges and landing and parking fees, and started collecting transit and transfer fees.
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