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$570 Bangkok Condo Tour (+ What is a Smart Visa in Thailand?) - YouTube
Channel: Retired Working For You
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in today's video we're gonna go meet a
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government official to tell us all about
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the smart visa program here in thailand
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on top of that i'm gonna tour you
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through this condo right here in bangkok
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that costs
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hello out there world my name's chris
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i'm retired working for you and i'm a
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little bit dressed up today
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because we're going to meet a government
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official who's going to tell us
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all about this whole smart visa program
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a lot of people are talking about it
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they're talking about changing it
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they're really talking about trying to
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attract even more digital nomads here
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so by the end of the video we're going
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to have learned a bunch about that
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before that though i thought i should
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take
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you in here and tour you through a
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digital nomad pad
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but first of all let's just see some
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street sewing going on here
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she's doing a lovely job
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all right this place is actually pretty
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nice quite a bright
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studio apartment so the key stats this
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place
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is i think 33 square meters
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so that's about 330 square feet
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you can even slide this sliding door
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to get a little separation from what
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would be your living room
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and what would be your bedroom
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this unit's in the hide sukumvit 11
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which is right in the heart of the
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trendy soi 11
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area it's a bright unit
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it's got really nice closet space a
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decent view
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the bathroom is super modern
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the kitchen comes with nice appliances
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including a built-in washing machine
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everything in nomad would need it's in a
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great building that offers to
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service down to the local skytrain
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station but the highlight
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is up on the 38th floor say hello dear
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hello this is kundir she's a little bit
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shy but uh she's doing a great job
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showing us around and she got us
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out to the pool look at this isn't it
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glorious this is one of those bangkok
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pools
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that's just so phenomenal uh because
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it's floating up here on the 38th floor
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the view is just super spectacular
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this is what you would get to enjoy i
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guess if you're a digital nomad
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you might pull up a chair here pull up a
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laptop maybe
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and just uh do some of your computer
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work here with that view over bangkok
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tough to beat really perched above the
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pool is an
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ultra modern gym with an expansive view
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across
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bangkok all of the facilities in this
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building are top-notch
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i bet you're wondering how much this all
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costs thanks for showing me dear
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i before i tell them the price though
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i'm gonna take them somewhere else
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take care all right so that was the hide
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we're gonna get back
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in there and i'll tell you the price but
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first
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i'm on my way to learn more
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about this whole smart visa program
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and that means you're going to learn a
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lot more about this smart visa program
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and to do that i've got an interview
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that's why i'm all dressed up like this
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i'm sweating on fancy clothes
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now it's because i got an interview with
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the government official
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who i think might oversee this whole
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smart visa program so we'll get to the
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bottom of this
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let's jump in a cab and head over there
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now and then we'll come back and tell
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you how much that place costs
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so we made it here to samyang meter town
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this tunnel's one of my favorite little
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tunnels in bangkok just downstairs from
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the tim hortons
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and just upstairs i think on the 18th
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floor
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is the person that we're here to meet
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we're with can you introduce yourself oh
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sure um
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for the car my name is controlled lavree
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i'm an investment promotion officer at
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the office of the board of investment
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which is a principal agency responsible
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for investment promotion in thailand
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but three years ago i have been tasked
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with running this
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smart visa program here at the one start
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one stop investment service center
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in the downtown bangkok country square
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oh wow
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well that's incredible so we're with the
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right person can you
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tell me and my viewers just what's the
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overall mission and goal of the smart
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visa program
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sure to achieve thailand's economic
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agenda
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and at the same time to make through
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from being a middle-income trap country
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the thai government reckon that speedy
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development of targeted industry is the
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way to go
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and key elements to
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its success lies in human capitals
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but if you rely solely on a domestic
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workforce
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uh it would not be enough if you want to
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achieve that vision
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in a timely manner wouldn't go fast
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enough yeah sure
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so that's where smart visa program comes
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in
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basically this program is intended to
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work as a tool to attract foreign
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talents
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and the technology and skills and
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know-hows that will
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that they will bring with them what are
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the general and major
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qualifications how does someone qualify
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for one of these smart visas
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oh that's a long story do you have time
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okay i can save us a little bit of time
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here and run through this really quick
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i'm on the smart visa website i'll leave
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a link in the video description but
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basically there's four types of visas
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there's the smart
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t for talent this is targeting highly
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skilled professionals
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in targeted industries such as science
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and technology
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they're looking for salaries of over a
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hundred thousand
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bought a month and one-year employment
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contracts
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and being employed in companies in those
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targeted
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industries next up is the smart eye the
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investor
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visa and this is technology-based
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businesses
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in the targeted industries with a
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minimum direct investment of 20 million
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bought so this isn't just for the
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fly-by-night
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startups it's investing in companies
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using technology in manufacturing
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or delivering services and being in the
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targeted industries
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next up smart e for executive
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this is senior executives in
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technology-based companies
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must have a bachelor's degree in 10
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years of work experience
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salaries of over 200 000 bottom months
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so
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some high rollers now employment
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contracts
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this is designed to attract high level
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executives
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again in technology or manufacturing and
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finally the smart
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s or the startup visa is
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technology-based startup entrepreneurs
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so
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they need to deposit at least 600
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thousand bought
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which has been held in a bank account
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for at least three months
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uh they need health insurance
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participating in an endorsed incubation
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what is this accelerator program or
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similar program
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the tech heads out there probably know
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what this all means
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and you must set up a company with the
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targeted industries so as you can see
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this isn't just your typical
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digital nomad this program currently
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exists
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for these four categories and if you
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want to learn more about any of these
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i have left a link but i'm curious
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let's ask which is the most popular out
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of all of these
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the most popular type so far is the
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smart s for startups uh it accounts for
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around more than half of all indoors
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apps and
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um the overall apps that we receive in
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the last three years
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how many people are are getting these
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smart visas
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in a typical year right we have
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we have granted endorsement to uh
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741 applications and
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out of 1165
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apps received during the last three
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years
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but i have to point out that this figure
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is a mix between uh you know new
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applications
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and extension apps so uh the real
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number of you know people that have
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smart visa at the moment stands around
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nearly 600 people
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there's a lot of talk these days about
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digital nomads and the future of the
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smart visa program
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is there going to be changes coming to
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try and attract
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more digital nomads to thailand yes you
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got it right
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that there's an update on its way
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but unfortunately i myself not directly
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involved yeah in this initiative let me
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put it this way
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i think uh whatever change uh being
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cooked up at the moment
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will definitely for sure result in
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uh you know some sort of an opening up
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of
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once a short door in some aspect for
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sure
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because you know like you cannot reverse
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or you cannot
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even deny what is already a global major
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trend
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you know where uh it has been made just
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clearer by the
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arrival of you know this new normal and
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the advancement of technology yeah
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remote works more popular now than it's
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ever been
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the question here is not whether
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uh we'll do it or not but
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how and how soon the government can make
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it happen
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you know to finally take advantage of
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thailand has uh
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been enjoying you know as is our
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blessing
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uh for decades you know like um as a
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best destination for digital nomads
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yeah yeah yeah i mean there's lots in
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chiang mai
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there's lots in kopangan in the south
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there's lots in bangkok and phuket
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and uh yeah it's just it's it's almost
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the perfect place for a digital nomad
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because
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the weather's great it's still a
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relatively inexpensive country to live
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so the benefits are there from from the
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from that side of things
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if there's someone out there watching
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this video
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right now who is a digital nomad
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somebody who might have an e-commerce
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business
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someone who maybe is a writer or a
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graphic designer somebody who just needs
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a laptop and a phone to earn uh
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their income would the smart visa
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be something that they should come and
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inquire about
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right um okay with um a type of persons
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that just only work on his or her
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computer
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right as a freelancer or as a nomad
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i'm sorry to say that not possible at
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the moment
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but with the new version of smart visa
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or whatever visa that we're talking
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about
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uh that is coming up you know in a
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matter of months not yet
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so hang on tight yeah i think it's very
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possible
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okay but on a personal level
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um i think you know we have to make this
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as inclusive and as flexible as possible
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because
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at the end of the day the ultimate goals
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of you know this
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sort of program is to um maximum
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uh to to maximize the benefit to the
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country yeah that's fantastic i i really
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appreciate all the time that you've
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given me today
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it's amazing to be able to come in and
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talk to you
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and hear exactly what's going on from
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someone in your position so i really
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really appreciate it thanks a lot
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my great pleasure thank you chris well
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that was interesting we learned a lot
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about the smart visa program
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and i'm going to keep digging into this
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one because i find it very
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interesting so subscribe to the channel
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and i'll be sure to keep you up to date
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now
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how much is this studio apartment
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renting for
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isn't that the big question well
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before i get to that just to recap it's
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a it's a studio unit
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it's got this little door you can
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separate but
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you open it up and it's all open concept
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they're looking for a one-year lease
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and you can get this place for 18
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000 baht a month and if you want to rent
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it
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i'm gonna leave contact info for kundir
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she's over there she's a little bit shy
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she doesn't wanna
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she doesn't wanna come on camera that's
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okay though you can actually contact her
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directly
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if you're interested in renting this
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unit and i'm curious
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do you think this would be a good spot
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for a digital nomad to hang their hat
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and more importantly do you think that
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thailand
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is going to succeed and attract more
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digital nomads as things start to move
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into this new world of remote work
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drop a comment below and let me know and
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i'm curious to hear what you think
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anyways hope you enjoyed the video i'll
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see you guys soon
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