Thailand is introducing a new visa called “Long-Term Resident (LTR )” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for high potential foreigners.
GP Batteries is a leading global battery manufacturer based in Singapore. The company produces various household and industrial battery types using different chemistries. It has a global production and distribution network across 15 countries. While the battery market is growing significantly, GP Batteries faces competition from other large manufacturers. To maintain its competitive position, the company focuses on product innovation, expanding into new markets, and promoting greener and more sustainable batteries.
Detailed industry report based on a large number of international and domestic studies, including Taiwan energy status, government regulation, key market players and supply chain, analyzed risk assessment and future trends by SWOT and PESTEL.
IELTS academic module is for students looking for registration in institutions and for ones looking for higher education in countries with English as medium of language.
This document summarizes an investment opportunity presented by an automotive repair business founded by overseas Filipino workers. The business is seeking investors to help expand its operations. It outlines the founders' experience in the automotive industry, the services offered, the investment packages available starting at P200,000, projected financial returns showing 100-400% returns in 4 years, and continuous support that will be provided to investors.
The document is a technical report summarizing the knowledge and skills gained by the author during a six-month industrial training at the Technology Development for Poverty Alleviation Initiative (TD4PAI) Hub in Abuja, Nigeria. The report covers topics including embedded systems, electronics, electrical components, microcontrollers, programming, printed circuit board design, emerging technologies, and several projects completed at the hub.
Thailand is introducing a new visa under "Long-Term Resident (LTR)" program, which provides a wide range of tax and non-tax benefits to enhance the country's attractiveness as a regional hub for living and doing business for "high-potential" foreigners.
GP Batteries is a leading global battery manufacturer based in Singapore. The company produces various household and industrial battery types using different chemistries. It has a global production and distribution network across 15 countries. While the battery market is growing significantly, GP Batteries faces competition from other large manufacturers. To maintain its competitive position, the company focuses on product innovation, expanding into new markets, and promoting greener and more sustainable batteries.
Detailed industry report based on a large number of international and domestic studies, including Taiwan energy status, government regulation, key market players and supply chain, analyzed risk assessment and future trends by SWOT and PESTEL.
IELTS academic module is for students looking for registration in institutions and for ones looking for higher education in countries with English as medium of language.
This document summarizes an investment opportunity presented by an automotive repair business founded by overseas Filipino workers. The business is seeking investors to help expand its operations. It outlines the founders' experience in the automotive industry, the services offered, the investment packages available starting at P200,000, projected financial returns showing 100-400% returns in 4 years, and continuous support that will be provided to investors.
The document is a technical report summarizing the knowledge and skills gained by the author during a six-month industrial training at the Technology Development for Poverty Alleviation Initiative (TD4PAI) Hub in Abuja, Nigeria. The report covers topics including embedded systems, electronics, electrical components, microcontrollers, programming, printed circuit board design, emerging technologies, and several projects completed at the hub.
Thailand is introducing a new visa under "Long-Term Resident (LTR)" program, which provides a wide range of tax and non-tax benefits to enhance the country's attractiveness as a regional hub for living and doing business for "high-potential" foreigners.
Thailand has been making a series of efforts in driving the economy through innovation. The Thai Government has taken another step to attract talents and technologies with a view to further developing its targeted industries or the so called S-Curve industries. The SMART Visa program has then been designed to enhance Thailand’s attractiveness in drawing science and technology experts, senior executives, investors and startups.
WHAT IS SMART VISA?
The SMART Visa is a new type of visa designed to attract highly skilled manpower and investors to help accelerate the development of the country’s targeted industries. SMART Visa is offered to foreign experts, executives, entrepreneurs and investors who wish to enter into the Kingdom of Thailand to work or to invest in the following “10 S-Curve” industries or the country’s targeted industries.
Next-Generation Automotive
Smart Electronics
Affluent, Medical and Wellness Tourism
Agriculture and Biotechnology
Food for the Future
Automation and Robotics
Aviation and Logistics
Biofuels and Biochemicals
Digital
Medical Hub
-
Source: http://www.boi.go.th/newboi/index.php?page=detail_smart_visa
The SMART Visa program has then been designed to
enhance Thailand’s attractiveness in drawing science and technology experts, senior executives, investors and startups. The program is due to be launched on February 1, 2018.
Thailand is launching a new SMART Visa program to attract highly skilled individuals in targeted industries such as electronics, automotive, agriculture, and biotechnology. The SMART Visa will provide maximum 4-year stays, exemption from work permits, and additional privileges. There are 5 categories of SMART Visa - SMART T for skilled talent, SMART I for investors, SMART E for executives, SMART S for startup entrepreneurs, and SMART O for dependents. Applicants must meet qualification criteria verified by relevant agencies, then apply through the SMART Visa online system and submit documents to obtain a qualification endorsement letter to apply for the visa.
Thailand defines International Business Centers (IBC) as a company incorporated in Thailand that provides managerial, technical, support, or financial management services to its associated enterprises, whether located in Thailand or overseas.
Kowit Somwaiya, Managing Partner of LawPlus Ltd, provided an update on Thai visa and work permit laws. Key points included:
1. The major laws governing visas and work permits are the Immigration Act and Emergency Decree on Foreign Employee Management.
2. Foreigners are exempt from work permits if they fall under certain categories such as diplomats, UN officials, or experts beneficial to Thailand.
3. Employers must notify authorities of hiring foreign employees and employees must notify of changes to maintain legal status. Penalties apply for non-compliance.
4. The Smart Visa program provides long term residency and work rights for qualified experts, executives, investors and entrepreneurs in targeted industries.
Singapore retains an open door policy to foreign professionals. Singapore has a relatively prudent immigration policy that aims to attract and retain high calibre foreign professionals who contribute to and complement a dynamic workforce. Qualified and skilled professionals as well as entrepreneurs may apply for Singapore work passes which are available under the Singapore Employment Pass or Singapore EntrePass program.
Learn about various relocation and work permit schemes for hiring foreigners in Singapore including work pass, work visa, and employment visa.
Access Financial is an international workforce management company headquartered in Nyon, Switzerland. It provides payroll, tax, and social security services to clients in Asia, Europe, Africa, and Russia. The document outlines Access Financial's offices and solutions in key Asian markets like China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, and Vietnam. It provides details on payroll, taxes, social security contributions, work permits, and typical pay rates in each location.
Immigration and real estate buyers - Jose Perez w/ Foster QuanHARevents
The document summarizes various U.S. immigration options for foreign investors, including both temporary and permanent options. It discusses visas such as the L-1 for intracompany transfers, E-1/E-2 for treaty traders and investors, H-1B, and TN for Canadians and Mexicans. It also covers immigrant visas and highlights the EB-5 program which provides a path to permanent residence for foreign investors who invest $1 million+ and create jobs in targeted areas. Regional centers are described as a way for EB-5 investors to pool funds for economic development projects.
The document summarizes various U.S. immigration options for foreign investors, including both temporary and permanent options. It discusses visas such as the L-1 for intracompany transfers, E-1/E-2 for treaty traders and investors, H-1B, and TN for Canadians and Mexicans. It also covers immigrant visas and highlights the EB-5 program which provides a path to permanent residence for foreign investors who invest $1 million+ and create jobs in targeted areas. Regional centers are described as a way for EB-5 investors to pool funds for economic development projects.
This month's speaker is Elias Ek, the Co-Founder & President of Enspyre (www.enspyre.com) and CMO of Docceo (http://www.docceo.com/). He is also the author of the book "How to Start a Business in Taiwan" (www.startabusinessintaiwan.tw).
A serial entrepreneur, Elias Ek joined Enspyre as President in December 2002. Before Enspyre, Elias served as the Director of International Marketing for Tablet PC maker PaceBlade, where he built the foundation for a worldwide brand. Before joining PaceBlade, Elias worked with marketing for B2B marketplace AsianProducts.com, and prior to that as Marketing Manager for TRICOR, the business arm of the State of Tennessee.
Elias received a Bachelor in Business Administration in Marketing and a Bachelor of Science in Radio/TV Broadcasting from Austin Peay State University, Clarksville, Tennessee. Originating from Sweden, Elias has lived in the US, Japan and Taiwan since 1994. In his talk, Elias will share his experiences as a foreign entrepreneur in Taiwan.
Tax Saving Guide for FY 2015-16 (AY 2016-17)Apnaplan.com
eBook on Tax Planning for FY 2015-16. Covers all tax exemptions available to tax payers in India. Updated according to Budget 2015 with latest Tax Calculator.
Visa Options for International Entrepreneursideatoipo
In Silicon Valley, the percentage of immigrant-founded startups has increased to more than 52 percent. Getting the right visa to live in the US and pursue the right professional opportunities is essential. While not easy, it’s certainly possible. The high percentage of startups founded by foreign nationals in the U.S. confirms that visas are being obtained successfully.
This workshop will cover the range of visas available to foreign national entrepreneurs, professionals and students who wish to live and work in the U.S.
The speaker will discuss:
1) the requirements for temporary visas, such as the B-1, E, H-1B, J-1, L-1, and O-1, and the advantages and disadvantages of each;
2) the paths to permanent residency, such as employment, family and investment;
3) common obstacles to obtaining a visa, and
4) the importance of maintaining your immigration status.
This document provides information and guidance on various tax saving options available in India for the financial year 2017-18. It begins with an overview of key changes to income tax laws in the 2017 budget. It then discusses how to calculate tax liability and the different tax slabs. The bulk of the document is dedicated to explaining various tax saving sections under which deductions can be claimed, such as Section 80C, 80D, 80E, and others. For each section, it lists the eligible investments and expenditures. It also provides details on popular tax saving instruments like PPF, EPF, SCSS, NSC and tax saving fixed deposits. The document aims to help readers understand available tax saving avenues and plan their finances accordingly to
A majority of PR applications are made under the Professionals/Technical Personnel and Skilled Workers(PTS) Scheme, the most straightforward and popular route to obtain Singapore permanent residence
The document discusses several proposed changes to Australia's Employer Nomination Scheme (ENS) and Regional Sponsored Migration Scheme (RSMS) visa programs. Key points of discussion include potentially raising the age limit, revising the required salary and skill levels, streamlining nomination requirements, and clarifying the roles of certifying bodies and online application processes. The seminar aims to gather feedback on these proposed amendments.
Singapore offers the Professional / Technical Personnel and Skilled Workers Scheme (PTS) to attract foreign talent and help maintain population growth. The PTS is a popular route to obtaining permanent residence. Applicants must have lived and worked in Singapore for at least 2 years, be under 60, and show skills or education that are in demand. Obtaining permanent residence comes with commitments like national service for sons. It is recommended to wait 12 months after starting work before applying through the PTS scheme.
Thailand has been making a series of efforts in driving the economy through innovation. The Thai Government has taken another step to attract talents and technologies with a view to further developing its targeted industries or the so called S-Curve industries. The SMART Visa program has then been designed to enhance Thailand’s attractiveness in drawing science and technology experts, senior executives, investors and startups.
WHAT IS SMART VISA?
The SMART Visa is a new type of visa designed to attract highly skilled manpower and investors to help accelerate the development of the country’s targeted industries. SMART Visa is offered to foreign experts, executives, entrepreneurs and investors who wish to enter into the Kingdom of Thailand to work or to invest in the following “10 S-Curve” industries or the country’s targeted industries.
Next-Generation Automotive
Smart Electronics
Affluent, Medical and Wellness Tourism
Agriculture and Biotechnology
Food for the Future
Automation and Robotics
Aviation and Logistics
Biofuels and Biochemicals
Digital
Medical Hub
-
Source: http://www.boi.go.th/newboi/index.php?page=detail_smart_visa
The SMART Visa program has then been designed to
enhance Thailand’s attractiveness in drawing science and technology experts, senior executives, investors and startups. The program is due to be launched on February 1, 2018.
Thailand is launching a new SMART Visa program to attract highly skilled individuals in targeted industries such as electronics, automotive, agriculture, and biotechnology. The SMART Visa will provide maximum 4-year stays, exemption from work permits, and additional privileges. There are 5 categories of SMART Visa - SMART T for skilled talent, SMART I for investors, SMART E for executives, SMART S for startup entrepreneurs, and SMART O for dependents. Applicants must meet qualification criteria verified by relevant agencies, then apply through the SMART Visa online system and submit documents to obtain a qualification endorsement letter to apply for the visa.
Thailand defines International Business Centers (IBC) as a company incorporated in Thailand that provides managerial, technical, support, or financial management services to its associated enterprises, whether located in Thailand or overseas.
Kowit Somwaiya, Managing Partner of LawPlus Ltd, provided an update on Thai visa and work permit laws. Key points included:
1. The major laws governing visas and work permits are the Immigration Act and Emergency Decree on Foreign Employee Management.
2. Foreigners are exempt from work permits if they fall under certain categories such as diplomats, UN officials, or experts beneficial to Thailand.
3. Employers must notify authorities of hiring foreign employees and employees must notify of changes to maintain legal status. Penalties apply for non-compliance.
4. The Smart Visa program provides long term residency and work rights for qualified experts, executives, investors and entrepreneurs in targeted industries.
Singapore retains an open door policy to foreign professionals. Singapore has a relatively prudent immigration policy that aims to attract and retain high calibre foreign professionals who contribute to and complement a dynamic workforce. Qualified and skilled professionals as well as entrepreneurs may apply for Singapore work passes which are available under the Singapore Employment Pass or Singapore EntrePass program.
Learn about various relocation and work permit schemes for hiring foreigners in Singapore including work pass, work visa, and employment visa.
Access Financial is an international workforce management company headquartered in Nyon, Switzerland. It provides payroll, tax, and social security services to clients in Asia, Europe, Africa, and Russia. The document outlines Access Financial's offices and solutions in key Asian markets like China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, and Vietnam. It provides details on payroll, taxes, social security contributions, work permits, and typical pay rates in each location.
Immigration and real estate buyers - Jose Perez w/ Foster QuanHARevents
The document summarizes various U.S. immigration options for foreign investors, including both temporary and permanent options. It discusses visas such as the L-1 for intracompany transfers, E-1/E-2 for treaty traders and investors, H-1B, and TN for Canadians and Mexicans. It also covers immigrant visas and highlights the EB-5 program which provides a path to permanent residence for foreign investors who invest $1 million+ and create jobs in targeted areas. Regional centers are described as a way for EB-5 investors to pool funds for economic development projects.
The document summarizes various U.S. immigration options for foreign investors, including both temporary and permanent options. It discusses visas such as the L-1 for intracompany transfers, E-1/E-2 for treaty traders and investors, H-1B, and TN for Canadians and Mexicans. It also covers immigrant visas and highlights the EB-5 program which provides a path to permanent residence for foreign investors who invest $1 million+ and create jobs in targeted areas. Regional centers are described as a way for EB-5 investors to pool funds for economic development projects.
This month's speaker is Elias Ek, the Co-Founder & President of Enspyre (www.enspyre.com) and CMO of Docceo (http://www.docceo.com/). He is also the author of the book "How to Start a Business in Taiwan" (www.startabusinessintaiwan.tw).
A serial entrepreneur, Elias Ek joined Enspyre as President in December 2002. Before Enspyre, Elias served as the Director of International Marketing for Tablet PC maker PaceBlade, where he built the foundation for a worldwide brand. Before joining PaceBlade, Elias worked with marketing for B2B marketplace AsianProducts.com, and prior to that as Marketing Manager for TRICOR, the business arm of the State of Tennessee.
Elias received a Bachelor in Business Administration in Marketing and a Bachelor of Science in Radio/TV Broadcasting from Austin Peay State University, Clarksville, Tennessee. Originating from Sweden, Elias has lived in the US, Japan and Taiwan since 1994. In his talk, Elias will share his experiences as a foreign entrepreneur in Taiwan.
Tax Saving Guide for FY 2015-16 (AY 2016-17)Apnaplan.com
eBook on Tax Planning for FY 2015-16. Covers all tax exemptions available to tax payers in India. Updated according to Budget 2015 with latest Tax Calculator.
Visa Options for International Entrepreneursideatoipo
In Silicon Valley, the percentage of immigrant-founded startups has increased to more than 52 percent. Getting the right visa to live in the US and pursue the right professional opportunities is essential. While not easy, it’s certainly possible. The high percentage of startups founded by foreign nationals in the U.S. confirms that visas are being obtained successfully.
This workshop will cover the range of visas available to foreign national entrepreneurs, professionals and students who wish to live and work in the U.S.
The speaker will discuss:
1) the requirements for temporary visas, such as the B-1, E, H-1B, J-1, L-1, and O-1, and the advantages and disadvantages of each;
2) the paths to permanent residency, such as employment, family and investment;
3) common obstacles to obtaining a visa, and
4) the importance of maintaining your immigration status.
This document provides information and guidance on various tax saving options available in India for the financial year 2017-18. It begins with an overview of key changes to income tax laws in the 2017 budget. It then discusses how to calculate tax liability and the different tax slabs. The bulk of the document is dedicated to explaining various tax saving sections under which deductions can be claimed, such as Section 80C, 80D, 80E, and others. For each section, it lists the eligible investments and expenditures. It also provides details on popular tax saving instruments like PPF, EPF, SCSS, NSC and tax saving fixed deposits. The document aims to help readers understand available tax saving avenues and plan their finances accordingly to
A majority of PR applications are made under the Professionals/Technical Personnel and Skilled Workers(PTS) Scheme, the most straightforward and popular route to obtain Singapore permanent residence
The document discusses several proposed changes to Australia's Employer Nomination Scheme (ENS) and Regional Sponsored Migration Scheme (RSMS) visa programs. Key points of discussion include potentially raising the age limit, revising the required salary and skill levels, streamlining nomination requirements, and clarifying the roles of certifying bodies and online application processes. The seminar aims to gather feedback on these proposed amendments.
Singapore offers the Professional / Technical Personnel and Skilled Workers Scheme (PTS) to attract foreign talent and help maintain population growth. The PTS is a popular route to obtaining permanent residence. Applicants must have lived and worked in Singapore for at least 2 years, be under 60, and show skills or education that are in demand. Obtaining permanent residence comes with commitments like national service for sons. It is recommended to wait 12 months after starting work before applying through the PTS scheme.
Similar to 10-Year LTR Visa for Long-Term Residents (20)
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
The guide provides an overview of the business environment in Thailand, with information about company establishment, taxation, intellectual property rights, and legal issues.
This document provides an overview of typical costs for starting and operating a business in Thailand in 2023. It includes estimates for visa and registration fees, labor costs, office occupancy costs, construction costs, utility rates, transportation costs, communication costs, and industrial estates/facilities. Tax rates are also presented, including corporate income tax, personal income tax, value added tax, withholding tax, and double taxation agreements Thailand has with other countries. Specific excise taxes are shown for products like petroleum, electrical appliances, and automobiles.
Presented by Asst. Prof. Nayot Kurukitkoson, PhD, Executive Committee of the EEC Human Development Center, and Vice President for EEC Affairs, Burapha University, on March 16, 2023
Thailand has an extensive innovation network made up of various supporting parties, from government bodies, the private sector, to venture capital and other organizations including research laboratories and academic institutions.
Thailand is the perfect second home for expats. The country was ranked 14th out of 59 global locations with the nation’s capital Bangkok placing 4th in Asia in the Expat City Ranking 2021,5 with the majority of expats expressing satisfaction with the cost of living and their quality of life in Thailand.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
Thailand offers strategic opportunities in advanced materials and polymers due to its location, free trade agreements, and government support through the Board of Investment. Key points:
- Thailand has free trade agreements with 18 nations, enabling export of advanced materials and polymers to major markets.
- The BOI provides various tax incentives, exemptions on import duties for machinery/raw materials, and non-tax incentives to promote investment in advanced materials and polymers.
- Major industries like automotive, electronics, food packaging drive demand for advanced materials and polymers in Thailand.
Presented by Mr. Varghese Poulouse Nalian, President & General Manager of Performance Additives Business, Momentive Performance Materials (Thailand), on June 29, 2022
This measure is aimed to promote investment in targeted activities in three provinces – Chachoengsao, Chon Buri, and Rayong, as well as to encourage private sector to participate in human resource development. As EEC development is part of the policy to drive Thailand towards Thailand 4.0, investors in the targeted activities located in designated areas or in promoted industrial estates/industrial zones, or the investors involved in the human resource development in the EEC will enjoy additional tax incentives, apart from a standard tax package.
The document is a guidebook for applying for investment promotion benefits in Thailand published by the Board of Investment (BOI) for 2023. It provides an overview of eligibility criteria, policy framework, industry sectors and project types eligible for incentives. The guidebook aims to inform investors on the basic process for applying for benefits and includes details on rights, benefits, important criteria and application procedures. Investors can check for updates on eligible business categories or contact BOI for more information.
This document provides information about investment promotion in Thailand through the Board of Investment (BOI). It outlines the BOI's criteria and policies for granting promotion incentives to projects, including requiring a minimum value-added of 20% of revenues, use of modern production processes and new machinery, and obtaining certain certifications within two years of full operation. It also describes the tax and non-tax incentives available to promoted projects, as well as investment promotion strategies, criteria for foreign shareholding, and environmental protection requirements.
More from Thailand Board of Investment North America (20)
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
The Evolution and Impact of OTT Platforms: A Deep Dive into the Future of Ent...ABHILASH DUTTA
This presentation provides a thorough examination of Over-the-Top (OTT) platforms, focusing on their development and substantial influence on the entertainment industry, with a particular emphasis on the Indian market.We begin with an introduction to OTT platforms, defining them as streaming services that deliver content directly over the internet, bypassing traditional broadcast channels. These platforms offer a variety of content, including movies, TV shows, and original productions, allowing users to access content on-demand across multiple devices.The historical context covers the early days of streaming, starting with Netflix's inception in 1997 as a DVD rental service and its transition to streaming in 2007. The presentation also highlights India's television journey, from the launch of Doordarshan in 1959 to the introduction of Direct-to-Home (DTH) satellite television in 2000, which expanded viewing choices and set the stage for the rise of OTT platforms like Big Flix, Ditto TV, Sony LIV, Hotstar, and Netflix. The business models of OTT platforms are explored in detail. Subscription Video on Demand (SVOD) models, exemplified by Netflix and Amazon Prime Video, offer unlimited content access for a monthly fee. Transactional Video on Demand (TVOD) models, like iTunes and Sky Box Office, allow users to pay for individual pieces of content. Advertising-Based Video on Demand (AVOD) models, such as YouTube and Facebook Watch, provide free content supported by advertisements. Hybrid models combine elements of SVOD and AVOD, offering flexibility to cater to diverse audience preferences.
Content acquisition strategies are also discussed, highlighting the dual approach of purchasing broadcasting rights for existing films and TV shows and investing in original content production. This section underscores the importance of a robust content library in attracting and retaining subscribers.The presentation addresses the challenges faced by OTT platforms, including the unpredictability of content acquisition and audience preferences. It emphasizes the difficulty of balancing content investment with returns in a competitive market, the high costs associated with marketing, and the need for continuous innovation and adaptation to stay relevant.
The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
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Structural Design Process: Step-by-Step Guide for BuildingsChandresh Chudasama
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
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The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
10-Year LTR Visa for Long-Term Residents
1.
2. Highly Skilled
Professionals
Dependants
Work-From-
Thailand
Professionals
Wealthy
Pensioners
Wealthy
Global
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of attracting one million wealthy or
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Highly Skilled
Professionals
Dependants
Work-From-
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Wealthy
Pensioners
Wealthy
Global
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LTR visas will be offered to four categories of foreigners:
Wealthy Global Citizens, Wealthy Pensioners, Work-from-Thailand Professionals,
and Highly Skilled Professionals. Spouses and dependants of LTR visa holders
will also qualify for the same visas.
Wealthy individuals holding at least USD 1 million in assets
and investment in Thailand
Retirees aged 50 years and older who have an annual
pension or stable income
Remote workers working for well-established companies
overseas
Professionals or experts in targeted industries working for
business entities or higher education institutes or research
centers or specialized training institutions in Thailand or
Thai government agencies
Spouse and children under 20 years old of LTR visa holders
(Maximum 4 dependants in total per one LTR visa holder)
Thailand’s Long-Term Resident Program (LTR)
Which categories of foreigners will be offered LTR visas
in Thailand?
Open for applications on September 1, 2022
Thailand is introducing a new visa called “Long-Term Resident (LTR )”
which is a program that provides a range of tax and non-tax benefits
to enhance the country’s attractiveness as a regional hub for living
and doing business for ‘high-potential’ foreigners.
This new visa program is expected to attract new foreign residents,
technologies and talents contributing to domestic spending and investment
while supporting economic growth. The Thai government has set the target
of attracting one million wealthy or talented foreign residents into
the country over the next five years.
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and Highly S
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and doing b
This new
technologies
while suppo
of attractin
the country
3. There will be many privileges for LTR visa holders that will make
living in Thailand long term easier and less bureaucratic.
Beyond the overall ease of regulations concerning foreign residents,
the LTR visa program makes the process of hiring foreigners easier
and the foreign experts hired will strengthen the private business
sector of Thailand.
10-year
renewable visa
Exemption from
4 Thais to 1 foreigner
employment requirement ratio
Fast-Track Service
at international
airports in Thailand
1-year report to
the Immigration Bureau
Multiple
re-entry permit
Permission
to work in Thailand
(Digital Work Permit)
Immigration and work permit
facilitation services
at One Stop Service Center
for Visa and Work Permit
17% Personal tax rate
for highly skilled
professionals
Tax exemption
for overseas income
What privileges will be offered to LTR visa holders?
Multiple
Re-Entry
Permit
Note: The BOI as the secretariat office will also
any terms of LTR visa and eligibility criter
Work-from-Tha
Professiona
Qualifications
and Criteria Wealthy Global C
In case of personal inco
USD 80,000/year but no
USD 40,000/year in the past
applicants must have a
degree or above or own i
property or receive Series
Public company on a stock
or; Private company in
for at least three years with
revenue at least USD 1
in the last three years
At least 5 years of work e
in the relevant fields of t
employment over the pa
Health insurance with
benefits insuring treatm
Wealth Status &
Investment
Health Insurance
Personal Income
Current Employer
Experience
Health Insurance
Health insurance with a
benefits insuring treatm
At least USD 1 million i
Personal income of a
of USD 80,000/ year in
two years
Investment of at least U
in Thai government bon
direct investment, or Tha
ges for LTR visa holders that will make
rm easier and less bureaucratic.
gulations concerning foreign residents,
the process of hiring foreigners easier
d will strengthen the private business
Interested in living in Thailand und
range of benefits? Here’s the criter
mption from
to 1 foreigner
nt requirement ratio
Fast-Track Service
at international
airports in Thailand
Multiple
entry permit
Permission
to work in Thailand
(Digital Work Permit)
Immigration and work permit
facilitation services
at One Stop Service Center
for Visa and Work Permit
exemption
erseas income
e offered to LTR visa holders? Eligibili
Multiple
Re-Entry
Permit
There will be many privileges for LTR visa hold
living in Thailand long term easier and les
Beyond the overall ease of regulations concerning
the LTR visa program makes the process of hiring
and the foreign experts hired will strengthen the
sector of Thailand.
ners:
-from-Thailand Professionals,
pendants of LTR visa holders
t least USD 1 million in assets
10-year
renewable visa
Exemption from
4 Thais to 1 foreigner
employment requirement ratio
1-year report to
the Immigration Bureau
Multiple
re-entry permit
Imm
at
fo
17% Personal tax rate
for highly skilled
professionals
Tax exemption
for overseas income
older who have an annual
well-established companies
rgeted industries working for
ucation institutes or research
ng institutions in Thailand or
0 years old of LTR visa holders
per one LTR visa holder)
t Program (LTR) What privileges will be offered to LTR
e offered LTR visas
ns on September 1, 2022
ong-Term Resident (LTR )”
ax and non-tax benefits
a regional hub for living
gners.
ct new foreign residents,
c spending and investment
ernment has set the target
ed foreign residents into
Multiple
Re-Entry
Permit
4. office will also assess the scheme regularly and review
eligibility criteria as deemed appropriate.
rk-from-Thailand
Professionals
hy Global Citizens Wealthy Pensioners
Highly Skilled Professionals
f personal income below
00/year but no less than
0/year in the past two years,
ts must have a Master’s
above or own intellectual
or receive Series A funding
mpany on a stock exchange
e company in operation
three years with combined
at least USD 150 million
three years
Business or higher education institution,
research institution, specialized training
institution, or Thai government agency
in any targeted industries
years of work experience
evant fields of the current
ent over the past 10 years
nsurance with at least USD 50,000 coverage or social security
s insuring treatment in Thailand or at least USD 100,000 deposit
At least 5 years of work experience
in the targeted industries except for
applicants with a PhD or above
in the relevant fields of the targeted
industries or applicants working for
Thai government agencies
In case of personal income below
USD 80,000/year but no less than
USD 40,000/year in the past two years
or before retirement, applicants must
have a Master’s degree or above in
science and technology or special
expertise relevant to the job assignment
in Thailand
No minimum personal income for
professionals working for Thai
government agencies
nsurance with at least USD 50,000 coverage or social security
insuring treatment in Thailand or at least USD 100,000 deposit
t USD 1 million in assets Personal income of at least
USD 80,000/year at the time of
application
In case of personal income below
USD 80,000/year but no less than
USD 40,000/year, applicants must
invest at least USD 250,000 in
Thai government bonds, foreign
direct investment, or Thai property
al income of a minimum
80,000/ year in the past
ars
ment of at least USD 500,000
government bonds, foreign
nvestment, or Thai property
hailand under this new LTR Visa and enjoy a wide
e’s the criteria below:
Eligibility Criteria
review
nsioners
ofessionals
ation institution,
cialized training
nment agency
stries
ocial security
0,000 deposit
ork experience
tries except for
PhD or above
of the targeted
nts working for
gencies
ncome below
ut no less than
e past two years
applicants must
ree or above in
logy or special
e job assignment
nal income for
king for Thai
ies
ocial security
0,000 deposit
e of at least
at the time of
l income below
but no less than
applicants must
SD 250,000 in
bonds, foreign
or Thai property
njoy a wide
Note: The BOI as the secretariat office will also assess the scheme regularly and review
any terms of LTR visa and eligibility criteria as deemed appropriate.
Work-from-Thailand
Professionals
Qualifications
and Criteria Wealthy Global Citizens Wealthy Pensioners
Highly Skilled Professionals
In case of personal income below
USD 80,000/year but no less than
USD 40,000/year in the past two years,
applicants must have a Master’s
degree or above or own intellectual
property or receive Series A funding
Public company on a stock exchange
or; Private company in operation
for at least three years with combined
revenue at least USD 150 million
in the last three years
Business or higher education institution,
research institution, specialized training
institution, or Thai government agency
in any targeted industries
At least 5 years of work experience
in the relevant fields of the current
employment over the past 10 years
Health insurance with at least USD 50,000 coverage or social security
benefits insuring treatment in Thailand or at least USD 100,000 deposit
At least 5 years of work experience
in the targeted industries except for
applicants with a PhD or above
in the relevant fields of the targeted
industries or applicants working for
Thai government agencies
In case of personal income below
USD 80,000/year but no less than
USD 40,000/year in the past two years
or before retirement, applicants must
have a Master’s degree or above in
science and technology or special
expertise relevant to the job assignment
in Thailand
Wealth Status &
Investment
Health Insurance
Personal Income
Current Employer
Experience
Health Insurance
No minimum personal income for
professionals working for Thai
government agencies
Health insurance with at least USD 50,000 coverage or social security
benefits insuring treatment in Thailand or at least USD 100,000 deposit
At least USD 1 million in assets Personal income of at least
USD 80,000/year at the time of
application
In case of personal income below
USD 80,000/year but no less than
USD 40,000/year, applicants must
invest at least USD 250,000 in
Thai government bonds, foreign
direct investment, or Thai property
Personal income of a minimum
of USD 80,000/ year in the past
two years
Investment of at least USD 500,000
in Thai government bonds, foreign
direct investment, or Thai property
Interested in living in Thailand under this new LTR Visa and enjoy a wide
range of benefits? Here’s the criteria below:
t
Eligibility Criteria
5. 1. Register and submit online an application for qualification endorsement for
LTR Visa and supporting documents.
2. Within 20 working days after having received complete documents, applicants
will be notified of the result.
3. Qualified applicants may proceed with applying for LTR Visa issuance at
the Royal Thai Embassies/the Royal Thai Consulate Generals overseas
or Immigration offices in Thailand within 60 days from the issuance date
of the endorsement letter. The processing fee for the 10-year visa with multiple
entry is 50,000 Baht per person.
4. Applicants who work in Thailand, may collect digital work permits at
the Department of Employment at One Stop Service Center for Visa and
Work Permit, Chamchuri Square Building, Bangkok or provincial labour
offices. The processing fee is 3,000 Baht per year to maintain digital work permit.
Visa Application and Issuance
1. Register and submit online an application for qualifi
LTR Visa and supporting documents.
2. Within 20 working days after having received complet
will be notified of the result.
3. Qualified applicants may proceed with applying f
the Royal Thai Embassies/the Royal Thai Consula
or Immigration offices in Thailand within 60 days f
of the endorsement letter. The processing fee for the 1
entry is 50,000 Baht per person.
4. Applicants who work in Thailand, may collect d
the Department of Employment at One Stop Servi
Work Permit, Chamchuri Square Building, Bangko
offices. The processing fee is 3,000 Baht per year to ma
Visa Application and Issu
result
Visa issuance
Collecting LTR Visa overseas
Digital work permit
Thai Embassies/Consulates Tha
Department of Em
Colle
Collecting digital w
Applicant
Register and submit
Document Verification
Qualified
Applicant
application online
result
Visa issuance
Collecting LTR Visa overseas
Digital work permit
Thai Embassies/Consulates Thai Immigration Offices
Department of Employment
Collecting LTR Visa in Thailand
Collecting digital work permit
Applicant
Register and submit
Document Verification
Qualified
Applicant
application online