In a bid to enhance foreign investments, Thailand is introducing a 10-year investor visa for its eastern economic corridor (EEC), a strategic region for economic growth. Companies investing in modern, eco-friendly industries can benefit from a flat 17% income tax rate, EEC work permits, and a decade-long visa. This move aligns with Thailand’s broader strategy, particularly aimed at fostering growth in high-tech sectors. Recently waiving tourist visa requirements for Indian and Taiwanese travelers, Thailand aims to tap into the Indian tourism market, anticipating 1.6 million Indian tourists in 2023, potentially generating 65.6 billion Baht in revenue.
Thailand Unveils 10-Year Investor Visa to Attract Foreign Investments in High-Tech Industries
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