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The Thai government is introducing several new immigration initiatives designed to increase tourism and spur economic growth.
Key Points:
Additional Information: Thailand’s Prime Minister Srettha Thavisin stated that the move for a joint visa program between the six nations would promote seamless mobility across the Southeast Asian countries, streamline tourist entry and boost tourism spending.
BAL Analysis: Thailand’s economic growth has slowed recently due to weaker demand and tourism. The tourism-reliant country has recently created several policy updates to reopen after strict pandemic restrictions. These policies are also part of a wider government strategy to facilitate entry and boost investment from international business interests.
This alert has been provided by the BAL Global Practice Group.
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