The panoramic evening skyline of Thai capital Bangkok belies the crisis in the local economy caused by the coronavirus pandemic. Photo: Handout
The panoramic evening skyline of Thai capital Bangkok belies the crisis in the local economy caused by the coronavirus pandemic. Photo: Handout

Thailand tweaks visa-for-cash plan, popular among Chinese, to aid developers amid supply glut

  • Mainland Chinese, Japanese, South Koreans, Britons and Americans are top five holders under Thailand’s visa-for-cash programme
  • New visa variation from January 1 offers five-year residency tied to purchase of completed condominium worth at least 10 million baht (US$331,560)

Topic |   International Property
The panoramic evening skyline of Thai capital Bangkok belies the crisis in the local economy caused by the coronavirus pandemic. Photo: Handout
The panoramic evening skyline of Thai capital Bangkok belies the crisis in the local economy caused by the coronavirus pandemic. Photo: Handout
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