Digital Nomad Visa and other benefit for Expats

Now, against the backdrop of the Covid-19 pandemic, more and more people have indicated that they are quite keen to work from home. And, The Tourism Authority of Thailand is taking note by proposing to give 4 groups of travellers visa and investment incentives to stay in the country. One of those groups is that of the digital nomad, in which visas designated for such workers are gaining popularity worldwide. Wealthy travellers, retirees, and highly-skilled workers are also being considered in the new plans to boost Thailand’s economy.
Currently, foreigners are not allowed to work without securing a work permit in the country. Moreover, buying land or property is also not possible with existing laws. But, the new proposal would make such obstacles possible for those approved groups. The Tourism Authority of Thailand (TAT) has put forth specific criteria, that the groups must meet in order to qualify. If these are met, it could secure a 10 year visa for any of the groups.
Destination Options in Thailand
Thailand has always been a favourite of long-term travellers, and staying longer in the country may be getting easier. As the country was recently voted the best in which to live for digital nomads, allowing such workers to stay may be the key to boosting the economy. With pristine beaches, cheap living costs, and modern cafes with some of the fastest internet speeds in the world, the country is all but ready to allow in a different kind of expat.
Southeast Asia seems to be the favorite choice for many remote workers today. No surprise, the low costs of living, stable WIFI, and friendly people are the perfect conditions for fantastic digital nomad cities.
Now, against the backdrop of the Covid-19 pandemic, more and more people have indicated that they are quite keen to work from home. And, The Tourism Authority of Thailand is taking note by proposing to give 4 groups of travellers visa and investment incentives to stay in the country. One of those groups is that of the digital nomad, in which visas designated for such workers are gaining popularity worldwide. Wealthy travellers, retirees, and highly-skilled workers are also being considered in the new plans to boost Thailand’s economy.
Currently, foreigners are not allowed to work without securing a work permit in the country. Moreover, buying land or property is also not possible with existing laws. But, the new proposal would make such obstacles possible for those approved groups. The Tourism Authority of Thailand (TAT) has put forth specific criteria, that the groups must meet in order to qualify. If these are met, it could secure a 10 year visa for any of the groups.
- For those interested in gaining a digital nomad visa, proof of earning $40,000 USD per year is required, along with having health insurance coverage of at least $100,000 USD. Wealthy people, must submit proof of having $1 million USD in assets and at least $80,000 USD in income over the past 2 years when applying. Furthermore, they must invest $500,000 USD in Thai real estate or government bonds.
- Retirees must prove they are 50 years of age and over and have an annual income of $40,000 USD. They must invest in Thai real estate or government bonds at a minimum of $250,000 USD. Those who are skilled workers must have the same income requirement. All groups must additionally secure $100,000 USD worth of coverage in health insurance before being allowed to enter. That health insurance must include Covid-19 coverage.
Destination Options in Thailand
Thailand has always been a favourite of long-term travellers, and staying longer in the country may be getting easier. As the country was recently voted the best in which to live for digital nomads, allowing such workers to stay may be the key to boosting the economy. With pristine beaches, cheap living costs, and modern cafes with some of the fastest internet speeds in the world, the country is all but ready to allow in a different kind of expat.
- Chiang Mai
Chiang Maimight as well be the biggest digital nomad hub out there at the moment. Some estimations say that you can find more than 3,000 of them in a small city. You will definitely find a whole lot of coworking spaces and great cafes with free WIFI. Chang Mai itself has a fantastic laid-back atmosphere, it is inexpensive and has delicious Thai (and vegan) food. There are also many beautiful temples and it is surrounded by mountains and lakes. The climate is milder than Bangkok and it is a great base to explore northern Thailand. Despite its modernity, you can experience a traditional Thai culture with all its festivals and history. Plus, the visa options for foreigners are very decent in the country. - Bangkok
Although Bangkok is not too far away from Chang Mai, it is in stark contrast to it in terms of atmosphere. Here you can find all the big city perks, like exciting nightlife. Luckily, everything is still very affordable. It also is a great connection hub for international flights. Many start-ups are based here. On the downside, the air quality is not necessarily the best and the climate can be very hot. - Phuket
Phuket is mostly famous for its amazing blue water and sandy beaches. That and a tropical temperature makes it the perfect spot for all nomads who like to have a holiday-in-paradise-feeling while working. The internet could be better but is good enough. - Koh Samui | Koh Phangan | Koh Tao
These three islands within the Gulf of Thailand are gaining increasing popularity by YouTuber.
Southeast Asia seems to be the favorite choice for many remote workers today. No surprise, the low costs of living, stable WIFI, and friendly people are the perfect conditions for fantastic digital nomad cities.
- Bali | Indonesia
Bali has been a famous digital nomad place for years. The cost of living is super affordable, it is easy to eat healthily and the scenic beaches and green hinterland make it the perfect island for any nature-lover. Ubud as the spiritual and cultural heart of Bali is the perfect place to recharge your batteries and do some yoga. Canggu is a more relaxed alternative to Ubud and is a great place for surfing. Unfortunately, the internet is not exactly the best outside of big coworking spaces. - Ho Chi Minh | Vietnam
Ho Chi Minh is the largest city in Vietnam and a new favorite spot for nomads. The place is busy and chaotic and full of thousands of motorbikes. The internet is mostly super-fast but can be spotty at times, and there is a growing number of coworking spaces. There are plenty of delicious street food stalls, great nightlife, and affordable housing. - Davao | Philippines
Davao in the Philippines is known as an outsourcing paradise. Many freelancers, expats, and nomads are based here because of the low cost of living, good internet, and friendly locals. English is commonly spoken, which makes living very easy. The beautiful beaches are also a great benefit. - Taipei | Taiwan
Taipei is already a popular place for American expats working in technology and professional service jobs. Due to the relatively low costs and great internet, it also makes a fantastic place for digital nomads. It has unique night markets, friendly people, and a brilliant public transportation system.
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