Thailand joins race to lure high-income foreign talent

Thailand is offering perks to draw foreign talent as it tries to revive its economy and secure its long-term economic future. Applicants must either have $80,000 in annual income or half as much when they hold a Master's degree relevant to their profession, and in some cases, an existing investment of up to $500,000. In exchange, a 10-year long-term resident visa awaits, including a work permit and a 17% personal income tax - almost half of what people in a similar income bracket would pay.