According to Foresight News, the Thai government has announced a new visa category for digital nomads and freelancers that allows stays in the country for nearly a year. The visa costs $270 (10,000 baht) and is valid for five years. The DTV has a stay period of 180 days, which can be extended for another 180 days for the same fee, and the holder can work in Thailand for nearly 12 months at a time. The visa stipulates that for those working remotely in Thailand, a minimum of approximately $13,650 (500,000 baht) is required as a support guarantee for spouse and children.
The new DTV is different from the long-term resident (LTV) “Thailand work” visa, which is often referred to as the digital nomad visa, is more difficult to obtain and stipulates a minimum average personal annual income of $80,000 and health insurance coverage. Foreign working professionals must also have an employment contract with a company with a minimum combined revenue of $150 million over the past three years.
