💳 SMART VISA FOR INVESTORS (I) , Startup Visa of Thailand - Requirements and Process
🕜 Duration 90 days
✨ Extendable
🧐 Startup Visa
SMART VISA FOR INVESTORS (I)
SMART Visa is offered to foreign experts, executives, entrepreneurs and investors who wish to enter into the Kingdom of Thailand to work or to invest in the following “10 S-Curve” industries or the country’s targeted industries.
- Next-Generation Automotive
- Smart Electronics
- Affluent, Medical and Wellness Tourism
- Agriculture and Biotechnology
- Food for the Future
- Automation and Robotics
- Aviation and Logistics
- Biofuels and Biochemicals
- Digital
- Medical Hub
Qualifications and Criteria
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Minimum investment of either of the following amounts:
- Directly investing in technology-based business in the targeted industries in Thailand, as an individual investor or through a venture capital company in Thailand for a total amount of at least 20 million Baht.
- Directly investing as an individual investor for a total amount of at least 5 million Baht in a startup or an incubation or accelerator program endorsed by relevant agencies. The investor can invest in more than 1 business but must maintain the investment throughout the validity period of Smart Visa.
- The business to be set up or invested in must be certified as technology-based in manufacturing or delivering services in the targeted industries by relevant government agencies such as the National Innovation Agency (Public Organization), Digital Economy Promotion Agency, and National Science and Technology Development Agency.
- In case of investing through a venture capital company, the investment must be certified by relevant agencies as being either a venture capital company investing in the technology-based business in manufacturing or delivering services in the targeted industries.
Privileges
- Maximum renewable 4-year visa.
- No work permit required for working with an entity or government agency. In case of changes of jobs, additional endorsements in accordance with the relevant requirements must be obtained.
- 90-day reporting to the Immigration at the One Stop Service Center extended to 1 year.
- No re-entry permit required.
- Spouse and children granted permission to stay in Thailand. The spouse granted permission to work with no work permit required for the same duration as the Smart visa holder.
- Access to a fast-track service at international airports in Thailand (where available).
✔ Checklist of required documents for Thailand Startup Visa
- Completed application form for qualification endorsement for smart visa “I”
- Copy of valid passport
- Medical certificate issued from the country of which the applicant is a national or a permanent resident or where the application is submitted, showing no prohibited diseases (Leprosy, Tuberculosis, drug addiction, Elephantiasis, third phase of Syphilis) as indicated in the Ministerial Regulation No. 14 B.E. 2535 (not more than 3 months old)
- Shareholder list (not more than 3 months old) or other evidence showing shares ownership and value
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