BANGKOK - Thailand's"pay to stay" visa programme for wealthy foreigners is seeing an expansion opportunity, with visions of the country becoming a haven for expats thanks to its relative success in containing the coronavirus.
With borders currently closed and global travel at a near standstill, this would seem like the worst possible time for a visa programme. "We have refocused our business by targeting people who are within the country, want to stay for the long-term and are not confident of the virus situation back in their home countries," said Mr Somchai Soongswang, president of the card's state-controlled operator, Thailand Privilege Card Co, in an interview.
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