Are you seeking Thai Permanent Residency status? Did you check the recent annual quota for foreign PR in Thailand? According to the 2018 quota, anyone who has been living in Thailand for any time period would be eligible to enjoy the benefits of a permanent residence permit. Interested individuals can submit their applications at the immigration offices in Bangkok.
However, foreigners who want to stay and work in Thailand must hold a work permit though they may not renew their visa each year. Also, permit holders can enjoy exemption from the law. For example, foreigners buying a condominium unit cannot finance the purchase locally. Thus they must use funds from abroad.
Once you have the permit, your children and spouse and your parents qualify to apply for a permit, respectively. When either of the parents of a child born, that child automatically obtains Thai nationality.
Requirements for Permanent Residency in Thailand
However, coming to how one can obtain a PR permit, the requirements are as follows:
- The foreigner must bring at least ten million baht into Thailand. It is to invest in a limited or public company, state-issued security or the stock market.
- The foreigner must be an executive officer and a signatory of a business registered in Thailand with a capital of at least ten million baht for at least one year. The applicant must earn at least fifty thousand baht a month for two consecutive years prior to submitting the application and his work must be in an area of interest to the Thai economy.
- The foreigner must be the spouse, parent or child of a permanent resident or a Thai citizen.
- The foreigner must hold a Bachelor or a higher degree and his current position requires him to work at least three consecutive years in Thailand.
- Other circumstances not covered in the other 4 categories will be considered on a case by case basis.
Like this year, every other year, the Ministry of Interior announces quota to issue permits per nationality. Well, as for applications they can be made until a year’s last working day.
For any assistance and guidance to obtain Thai permanent residency, mil us at [email protected].
