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Thailand Easing Visa Rules in Aim to Draw 1 Million Foreigners

  • Targets are rich people, retirees, remote or skilled workers
  • Thai government expects increase in investment, tax revenue
A monk at the deserted viewing platform at Wat Suthep in Chiang Mai, Thailand, on Sept. 9.

A monk at the deserted viewing platform at Wat Suthep in Chiang Mai, Thailand, on Sept. 9.

Photographer: Luke Duggleby/Bloomberg

Thailand aims to attract 1 million “high-potential” foreigners through an overhaul of visa rules that will boost investment and help the tourism-dependent economy, the government said.

The Cabinet approved the easing of the country’s immigration policies to attract more long-stay foreigners, government spokesman Thanakorn Wangboonkongchana said on Tuesday. Target groups include high-net-worth individuals, retirees, remote workers and skilled talent in sectors such smart electronics and robotics.