Archive for the ‘remote’ Category

TAT Has Proposed That Expat Remote Workers in Thailand Get Special VIsa

June 8, 2021

The Tourism Authority of Thailand (TAT) has proposed allowing digital nomads to legally work and stay in Thailand without a work permit.
Foreigners living and working in Thailand are to be subject to new rules, as part of Thailand’s plans to attract investment worth 1 trillion baht.
People who want to work remotely from Thailand, or digital nomads, will be able to do so if they show that they have a regular income from overseas.
Large companies can also send employees to work remotely from Thailand.
Applicants need to have a minimum income (salary, investment income, etc.) of at least $80,000 per year for the past 2 years or $40,000 per year with a master’s or higher degree as well as intellectual property ownership or to have received Series A funding.
Additionally, they must have 5 years of working experience and health insurance covering $100,000 or more in medical expenses.
Companies applying for the scheme will need to be listed on the stock exchange of their respective country or have been trading for at least 3 years and have an annual income of 50 million US dollars.
Applicants who are able to meet the requirements will be granted a 10-year stay in Thailand, as well as the right to work in Thailand without a work permit.
Their income from abroad would be exempt from income tax, and their income in Thailand would be charged at a flat rate of 17%.
Also, they would be given special rights regarding ownership and long-term leasing of land in Thailand.
Thailand does not offer any type of visa classification for location-independent remote workers, leaving the legality of digital nomads in somewhat of a grey area.
Thailand’s immigration laws and rules for foreign workers were drafted more than fifty years ago, before the concept of a ‘digital nomad’ – someone who works online from anywhere in the world using only a laptop and an internet connection – even existed.
However, under the new proposals, Thailand will follow the lead of other countries and welcome digital nomads to work remotely in the kingdom.
According to the Thai Association of Technology, welcoming digital nomads will boost Thailand’s economy and contribute to the post-pandemic recovery of the nation.
The so-called digital nomad visa is part of the proposals that Thailand’s Centre for COVID-19 Situation Administration (CCSA) and the cabinet have already presented to Prime Minister Prayut Chan-o-cha.

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