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Thaksin Touts Golden Visa, Higher Travel Fees to Boost Thailand

  • Thaksin Shinawatra proposed a golden visa scheme for wealthy foreigners to become long-term residents in Thailand, allowing 600,000 individuals to invest $1 million for residency rights, including property purchase rights and education funding for Thai citizens.
  • He suggested that Airports of Thailand Plc increase passenger service fees by 300 baht to generate an additional 40 billion baht in annual profit, reflecting a significant hike from current fees.
  • The Tourism Authority of Thailand forecasted that foreign tourist arrivals will drop to 35 million in 2025, with Chinese visitors significantly lower compared to the previous year, according to the Ministry of Tourism and Sports.
  • Thaksin emphasized that the golden visa scheme would drive GDP growth and urged AOT to enhance its role as an aviation hub, which he believes could substantially benefit Thailand's economy.
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"Phumtham" accepts "Thaksin's" point that the army budget and personnel should be reduced, and emphasizes technology to cope with "cyber warfare".

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Bloomberg broke the news in United States on Thursday, July 17, 2025.
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