20-year visa to Thailand for buying an apartment in Pattaya?
Buyers of apartments in the Southpoint condominium on Pratumnak from Kingdom Property's Pattaya Southpoint development are entitled to a 20-year visa, which is five multiple entry visas. The visa is renewed every four years. Mr. Nigel Cornick, Executive Director of Kingdom Property's Pattaya Southpoint development: A long-stay visa is included in the purchase of an apartment in luxury Southpoint. Owners who decide to sell the property can transfer the visa along with it to new buyers if they wish. According to Mr. Kornik, probably in the future, a similar proposal may resonate with other developers, but at this stage, it concerns only Kingdom Property's Pattaya and the Southpoint project on Pratamnak in Pattaya. The Southpoint luxury real estate project in Pattaya is two skyscrapers on Pratumnak for 655 apartments ranging from 30 m² to 97 m², with a cost of 4 million baht. Completion of construction in 2017. As Nigel Cornick clarified, if applicants plan to purchase an additional visa for a family member, then it will cost half a million baht, provided that he (the family member) will also be the owner of the apartment and is included in the title documents for the apartment. Kingdom Property's Pattaya's unique offering is based on the Thailand Elite card, which is owned by TAT and controlled by the Thai Government. Thailand's elite tourism club offers cardholders privileges and benefits that money can't buy, including a long-term visa.
