Highly skilled human resources and investors contributing to the country’s development stand a fair chance of obtaining a Thai smart visa. They can be foreign experts, entrepreneurs, investors, to executives individuals who wish to work or invest in Thailand in the 10 S-Curve industries. Moreover, they can belong to industries like smart electronics, agriculture and biotechnology or food for the future. However, they can also be from medical and wellness tourism, next-generation automotive, biofuels and biochemicals, automation and robotics and aviation and logistics.
Criteria to Apply for Thai Smart Visa
“SMART “T” – Talent
Criteria
- Science and technology experts;
- Minimum monthly salary of 200,000 Baht;
- Employment contract from an S-Curve company with a minimum of one year;
SMART “I” – Investor
Criteria
- Minimum investment of 20 million Baht;
- Investing in technology-based companies in the targeted industries;
SMART “E” – Executive
Criteria
- Minimum of Bachelor degree and 10-years work experience in the field;
- Holding high-level executive position;
- Minimum monthly salary of 200,000 Baht;
- Employment contract from an S-Curve company with a minimum of 1-year;
- Working for a technology-based project within one of the targeted industries;
SMART “S” – Startup
Criteria
- Fixed deposit of 600,000 Baht with a maturity term of 1-year or more;
- Participating in an endorsed incubation, accelerator or similar program;
- Obtaining joint-venture status, or being endorsed by a relevant government industry;
- Health insurance policyholder;
- Must set up a company in Thailand within a year with at least 25% ownership. Additionally, one of the board members of a company must be in the targeted industries.
Firstly, you must qualify based on the criteria as specified by the government. Secondly, you must verify your qualification from relevant government agencies. Additionally, there are designated agencies that do the job. For instance, a qualification in Science and Technology is verified by the Ministry of Science and Technology.
Primarily, on obtaining the technical endorsement, the Smart Visa Unit screens before issuance of the letter of qualification. Henceforth, it is to be used when applying for a visa at the Thai Embassy or Consulates or the Immigration Bureau.
However, to apply for a Thai smart Visa, you need appropriate legal counsel and support. Therefore, mail us at [email protected] for proper guidance.
