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The number of Nordic businesspeople in Thailand and the number of Nordic people on retirement visa or visa linked to their Thai family have been declining during the first five months of this year. This is the first decline in 12 years. If the trend continues, there will only be 861 Nordic people on a business visa left in Thailand by the end of the year.
In 2018, 435 Nordic businesspeople renewed their business visa during the first five month of that year. This year, only 395 businesspeople renewed their visa. While some new businesspeople may have moved in, more must have decided to move out, leaving a net decline in Nordic businesspeople in Thailand of 40 people or 10 percent.
The downward trend is stronger than the total for all foreign nationalities in Thailand, where the decline in business visa renewals went down 2 percent during this period to a total of 5536 renewals.
Nordic people on retirement visa or visa related to their Thai family also declined. Last year, 3837 Nordic people renewed their O-visa during these first five months of the year. This year during the same five months, only 3788 people renewed their O-visa. The net decline was 49 people.
The category “others”, which includes students on E-visa declined 89 people from 1174 last year to 1085 this year. A decline of 7.5 percent.
Even renewal of tourist visas went down with 65 renewals to 11,752 renewals.
Danes had the largest decline
In the business communities, not all Nordic nationalities declined in equal proportions.
The number of Norwegian male business visa renewals went down from 40 to 39 men, while the businesswomen renewals went up from 5 in 2018 to 12 in 2019, giving a net increase of 7 business people renewing their visas.
The number of Finnish businessmen and business woment remained unchanged with 47 men and 13 women renewing their visas.
The number of Swedish male business visa renewals went down with 10 from 176 to 166 while the businesswomen renewals went down equally with 10 from 47 to 37, giving a total decline of 20 or 9 percent.
The largest decline was in the Danish nationality. The number of Danish male business visa renewals went down from 70 to 66, while Danish business women declined from 18 to 11. The net decline of 11 business visa renewals equals 12.5 percent.
The number of Icelandic businesspeople went up with 3 males and down with 1 female renewal to a total of 4 Icelandic people – doubling the 2 Icelandic people who renewed their visa during the first five months of last year.
Making the same comparison regarding people on O-visa also shows also an unequal pattern.
The Norwegians went down 21 O-visa renewals.
The Finns went down 11 O-visa renewals.
The Swedes went up with 37 O-visa renewals.
The Danes went down with 92 O-visa renewals – the largest drop of 14.5 percent in these categoeries.
The Icelandic people went up 3 renewals.