Maximizing Your Business Profits in Thailand With an Elite Visa

Working for a Thai company requires a specific kind of visa, but if your business in Thailand only involves investing, working remotely for a foreign company, or conducting business trips, technically, any visa will do. However, this does not mean that all options are good ones, as long-term stays in the country often entail having to deal with extensive paperwork for visa renewals and strict immigration regulations. These tasks can interfere with your operations, cause unnecessary expenses, and take time away from achieving your business objectives.

The Thailand Elite Visa offers a structured and efficient solution to this, as it not only offers easy long-term residency in Thailand but also access to a diverse range of free perks and benefits that simplify these tasks and make it easier to find business success in the Land of Smiles.

Doing Business in Thailand with an Elite Visa

The Thailand Elite Visa is an ideal residency solution for individuals who frequently visit or need to stay in the country long-term without needing to rely on employer sponsorship or complicated visa renewals. 

It also comes with a wealth of free perks that make it easier to maximize profits while also offering the comforts of a luxurious lifestyle. These benefits include but are not limited to expedited immigration processing at airports, assistance with the 90-day report, and access to exclusive networking events and wealth-advisory sessions. 

The Thailand Elite Visa is available through several membership tiers, with each tier granting stays of 5 to 20 years. However, working in Thailand for an employer or as the executive of a Thai company with this visa is strictly prohibited, and you cannot work for Thai clients as a freelancer. 

With that said, there are no restrictions on operating an overseas business (or working remotely for one), engaging in unpaid business activities (business trips, seminars, etc.), or investing in Thai assets. You can even become a shareholder of a local company, but if you plan to act as a managing director or involve yourself in day-to-day operations, you will need to apply for a Thailand Business Visa and then a Thai work permit to do so.

Increasing Profits in Thailand with Elite Visa Benefits

Extending beyond the residency, the benefits included with the Thailand Elite Visa can help you reduce expenses, save time, and secure better business deals.

Fewer Immigration Concerns

One of the main advantages of the Thailand Elite Visa is the convenience it offers for travel. Unlike other Thai visas that involve long immigration queues, frequent reporting requirements, and extra administrative tasks, the Thailand Elite Visa provides a more streamlined and comfortable experience:

• Multiple-Entry Visa: The Thailand Elite Visa is a type of multiple-entry tourist visa, which means that you will be able to leave and return to Thailand as often as you please without needing to go through the hassle of applying for a re-entry permit each time.
• Fast-Track Immigration Lane: You will be able to skip the usual long queues at immigration by using the exclusive fast-track lane.
  
• 90-Day Reporting Assistance: Foreigners are required to report their address to immigration every 90 days of continuous stay in the country. As a Thailand Elite Visa holder, this can be done by Thailand Elite staff on your behalf, which will save you time and allow you to focus on other tasks.
  
• Elite Personal Assistance: For a smooth travel experience, you will have a dedicated personal assistant available at Thai airports to handle immigration procedures, luggage, and VIP lounge access.

Maximize Savings and Experiences

The Thailand Elite Visa can also help you cut down on expenses with its long list of special deals and discounts on hotels and dining experiences, co-working spaces, airport transfers, and more. When it’s time to unwind, you can take advantage of the complimentary golf sessions, yacht and boat rentals, and other leisure activities. Alternatively, you can bring along business partners to strengthen professional relationships and maximize your odds of sealing the deal.

All these perks and benefits can be accessed through the Thailand Privilege Points System by redeeming the annual allotment of points provided through your chosen membership.

As there are hundreds of rewards aimed at enhancing every aspect of your time in Thailand, we will cover a few key benefits that can add value to your business endeavors:

• Airport Transfers: Whether you’re landing for an investor meeting or catching a flight to a regional conference, you can skip the trouble of arranging a ride and travel to your destination as soon as you arrive.
  
• Exclusive Lounge Access: When you need to work in peace while traveling, you can do so in the airport’s exclusive lounges. Whether you’re managing teams in different time zones or in need of a quiet space for last-minute calls, these lounges offer a comfortable and professional setting before your flight.
  
• Wealth Advisory Services: Whether you’re exploring investment opportunities in Thailand or need assistance managing your funds, you can arrange a consultation with experienced wealth advisors to help you make informed financial decisions.
  
• Co-Working Spaces: If you travel often and need to work or hold a meeting, the Thailand Elite Visa allows you to do so for free in their premium co-working spaces that provide reliable internet and meeting rooms with a professional setting to remain productive on the move.
• Hotel Stays and Dining Discounts: If you often host meetings at hotels or restaurants, you can benefit from exclusive discounts at well-known venues. These savings can be especially valuable if you frequently schedule business lunches, team gatherings, or networking events.
• Golf and Wellness Perks: One of the many leisure activities available comes with complimentary rounds of golf, giving you a chance to relax or connect with business partners in a more casual setting. You’ll also have access to wellness services, such as annual health checkups and dental care, which will help you maintain your well-being while managing your responsibilities in Thailand.

How to Get a Thailand Elite Visa

The Thailand Elite Visa is a long-term tourist visa offered through the Thailand Privilege Program, which is managed by the Thailand Privilege Card Co., Ltd. (TPC), a wholly owned subsidiary of the Ministry of Tourism and Sport. 

As it was designed to promote Thailand to affluent and high-earning foreigners, the Thailand Privilege Program has also made the application process for it considerably simpler than other Thai visas:

• Minimal Requirements: The Thailand Elite Visa requires minimal paperwork and has a straightforward application process, making it widely accessible. The only significant requirement is passing a basic background check and paying the chosen membership fee.

• Easy Application Process: TPC has partnered with private organizations to provide free assistance with all Thailand Elite Visa applications. Known as General Sales and Services Agents (GSSAs), they will help you prepare required documents, review them for accuracy, and then submit your application to the correct government agencies on your behalf. 

Professional Assistance with Your Thailand Elite Visa Application

If you’re working remotely or conducting business in Thailand and want the benefits and convenience offered by the Thailand Elite Visa, get in touch with Siam Legal International. We are an award-winning, government-partnered GSSA with in-depth knowledge of the application process and can assist you with obtaining one free of charge, whether abroad or in Thailand. 

By partnering with Siam Legal, you will streamline your Thailand Elite Visa application process and maximize your chances of approval. As we are also a full-service law firm and visa consultancy in Thailand, you will also get these complimentary services that are not available with other GSSAs:

• 24/7 VIP hotline for legal and immigration matters 
• 2 hours of legal consultation (value 10,000 THB)
• 2 hours of immigration consultation (value 6,000 THB)
• Notary public service (one document, one-time value 3,000 THB)
• Bank account opening service (value 5,000 THB)

To begin the application process and turn Thailand into your base for growth and opportunity, do not hesitate to contact Siam Legal to book a consultation!

Category: Business in Thailand, Thailand Visa