The Treaty of Amity and Economic Relations Between the Kingdom
of Thailand and the United States of America (US-Thai Amity Treaty)
is a treaty that was signed on 29 May 1966 in Bangkok. It has
expired and due to World Trade Organization (WTO) restrictions was
not renewed, however Thai authorities still apply it,
nonetheless.
The treaty allows American citizens and businesses incorporated
in the USA to maintain a majority shareholding in or wholly own a
company in Thailand, thereby engaging in business on almost the
same basis as Thai nationals. However, it allows also applies to
US-Americans as individuals, which is less well known.
People who wish to relocate to Thailand under the treaty must
first apply for a Thai business visa. A Business Visa is for
foreign nationals wanting to do business, undertake investment
within Thailand, or for any foreign national wishing to apply for a
work permit to take employment in Thailand. Applicants must also
apply for a