Thailand SMART Visa
Thailand has been making a series of efforts in driving the economy through innovation. The Thai government has taken another step to attract talents and technologies with a view to further developing its targeted industries or the so called S-Curve industries. The SMART Visa program has then been designed to enhance Thailand’s attractiveness in drawing science and technology experts, senior executives, investors and startups.
What is SMART visa?
SMART Visa is a new type of visa specially designed to attract highly skilled manpower, investors, executives and startups entrepreneurs wishing to work or invest in the following targeted industries in the Kingdom of Thailand.
- 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
- Medical Hub
- Alternative Dispute Resolution
- Human Resource Development in Science and Technology
- Environmental Management and Renewable Energy
Benefits of SMART Visa Holder
Each of these four SMART Visas come with a list of benefits, such as maximum 4-year permission to stay, one-year check-ins at immigration (instead of ninety days), work eligibility for spouses and children without the need of work permits, and no re-entry permits.
Types of SMART Visa
The following categories of Smart Visa will be allocated to SMART Visa applicants, depending on the purpose or activity that foreigners wish to conduct in the Kingdom of Thailand.
|Non-Immigrant||O||Spouse and legitimate children of SMART Visa holders|
SMART Talent Visa
The four-year SMART T Visa is available to science and technology experts who earn 200,000 baht per month and are employed by in one of the ten targeted industries.
SMART Investor VisaThe four-year SMART I Visa is available to investors who make a direct investment of 20 million baht into companies that use technology in their manufacturing process or deliver services. These companies also must be in one of the ten targeted industries.
SMART Executive Visa
The four-year SMART E Visa is available to senior managers that have at least a Bachelor’s degree, ten years work experience, and are earning a minimum of 200,000 baht per month. Similar to the SMART T and I Visas, senior managers must be employed by companies in one of the ten targeted industries.
SMART Startup Visa
The one- to two-year SMART S Visa is for entrepreneurs looking to start a business in Thailand. To be eligible for this visa, you must deposit 600,000 baht in Thailand, have health insurance, and set up a company in one of the ten targeted industries within your first year.