The number of foreign entrepreneurs seeking to take advantage of Thailand's investor-friendly luxury living program is growing at an all-time high. According to the latest data, Thailand Elite applications have increased by more than 60 percent year-on-year between 2016 and 2018.
The skyrocketing demand for a luxury residence program indicates that Thailand is becoming one of the top destinations for entrepreneurs and investors looking to run a business or start from scratch.
High interest in the Thailand Elite program is part of a global trend in which more and more business people are looking for alternative residences. The program, in particular, is very popular with investors from China. Over the past three years, the number of Chinese applicants for Thailand Elite has increased by more than 7 times. Japan and France the number of their applicants three and two times. Citizens of the US, UK and Australia are also showing great interest in Thailand's elite residence program.
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