Tax Appeal of Thailand Immigration
Thailand, a popular tourist destination, has attracted considerable interest through its Elite Residence Program (ERP). The entry-level ERP is remarkably affordable, requiring only 600,000 Thai Baht (approximately $120,000 RMB) for a 5-year residence visa. Even the 20-year ERP visa costs just 1 million Thai Baht (around $190,000 RMB). Better yet, there are minimal qualification requirements. Eligible ERP holders can convert to permanent residency, and after maintaining PR status for ten years, they can apply for Thai citizenship.
From a tax perspective, the Thai Elite visa offers incredible advantages - similar to those enjoyed by tourists!