Latest / IMI Podcasts / Thailand Elite Visa Reduces Dependent Fee During Summer
Transcript
- 0:00SPEAKER_00: The Thailand Elite Visa Program has launched a summer promotion aimed at encouraging families to include dependents in their long-term residency plans in Thailand.
- 0:10SPEAKER_00: Running from July 1st to September 30, 2025, the promotion reduces the membership fee for dependents, which it refers to as next members, to 500,000 Thai bot, or 15,500 US dollars, across the platinum, 10 years, diamond, 15 years, and reserve, 20 years, membership tiers.
- 0:34SPEAKER_00: This represents a steep discount from regular fees in those categories, which range from 1 million TIBOT, or$31,000, to$2 million, or$62,000 for dependence.
- 0:46SPEAKER_00: New applicants and existing members can take advantage of the offer.
- 0:50SPEAKER_00: Bastion Trelcat, managing partner of Harvey Law Group Thailand, said that the promotion is due to the government's celebration of the Thailand Grand Tourism and Sport year 2025, explaining that it aims to make the Elite Visa a more appealing residency option for younger individuals through their families, as opposed to alternatives like student or digital nomad visas.
- 1:14SPEAKER_00: Trocat said the summer promotion follows a surge in applications for the Thailand Elite Visa after the government introduced the limited time single applicant bronze tier last December.
- 1:26SPEAKER_00: Thailand set the bronze tier fee at 650,000 Thai bot, or 20,150 US dollars, and initially planned to offer it only until June 30th, 2025, but strong demand persuaded it to extend the offer through the end of the year.
- 1:45SPEAKER_00: Trellcat also nodded to a recent draft legislation, which, once in effect, will exempt Thais and foreign residents from paying taxes on foreign sourced income in the year it is earned and the following year, stating that this proposal reassures high net worth individuals of their tax privileges in Thailand.
- 2:06SPEAKER_00: To take part in the summer promotion, applicants must submit complete documentation starting July 1st, 2025, and complete the payment before the promotion ends on September 30, 2025.
- 2:19SPEAKER_00: Platinum, diamond, and reserve members can add family members as next members under this promotion by meeting the standard application requirements.
- 2:29SPEAKER_00: The 500,000 Thai bot or 15,500 US dollars discount will apply to different membership tiers.
- 2:37SPEAKER_00: First, platinum membership, 10 years.
- 2:41SPEAKER_00: Regular dependent fee is 1,000,000 Thai bot or$31,000.
- 2:47SPEAKER_00: Promotional fee is$500,000 Thai bot or$15,500 per dependent.
- 2:54SPEAKER_00: Savings should be$500,000 Thai bot or$15,500 US dollars per dependent.
- 3:01SPEAKER_00: Second, diamond membership, 15 years.
- 3:05SPEAKER_00: Regular dependent fee is$1,500,000 Thai bot or$46,000.
- 3:13SPEAKER_00: Promotional fee$500,000 Thai bot or$15,500 US dollars per dependent.
- 3:21SPEAKER_00: Savings is$1,000 or$31,000 per dependent.
- 3:26SPEAKER_00: Next, reserve membership 20 years.
- 3:29SPEAKER_00: Regular dependent fee is$2 million Thai bot or$62,000 US dollars.
- 3:34SPEAKER_00: Promotional fee is$500,000 Thai bot or$15,500 US dollars per dependent and savings is$1,500 Thai bot or$46,000 US dollars per dependent For those already in the process of applying but haven't completed payment, Trellcat said they can still qualify by resubmitting their documents and finalizing payment within the promotional period.
- 4:00SPEAKER_00: This episode first appeared as an article by Mustafa Daily on IMIDAily.com.
- 4:05SPEAKER_00: Subscribe for free to the IMI newsletter for breaking news and updates from the investment migration industry, and upgrade your membership to IMI Pro to get access to our exclusive professional community, citizenship catalog, investment migration company Rolodex, private briefings, and more members only content.