The new governor of Bangkok. What will change for foreign investors?

The new governor of Bangkok. What will change for foreign investors?

On May 22, 2022, governor elections were held in Bangkok, the post was taken by Chatchat Sittiphun, former Minister of Transport. The new governor supports the idea of restoring the confidence of foreign investors, which will have a positive impact on the recovery of tourism, export growth, GDP growth, and improve the situation in the real estate market.

One Start One Stop Investment Center (OSOS) will be further developed in Bangkok. In the center you can apply for a visa, get a work permit, register a company in Thailand, pay taxes, get full information on company registration, special business conditions in special economic zones and much more.

The government will support the development of One Stop Service, as it is much more convenient when all departments are gathered in one place, and not a person has to go to many places and carry documents. The development of such services facilitates the process of collecting documents and reduces the possibility of confusion and errors. Such services are planned to be introduced not only for foreign investors, but also for local developers.

The new governor supports the attraction of foreigners to the city and the introduction of new technologies into the life of Bangkok.

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