The government is expediting Smart Visas to facilitate and attract foreign experts and investors to Thailand.
Secretary-General of the Board of Investment of Thailand Duangchai Atsawachintachit and representatives of relevant units on Thursday attended a news conference on Smart Visas. The official said foreigners who are qualified for the visas must be highly-skilled experts, investors, high-level executives and startup entrepreneurs. The visas’ privileges include 4-year stays. However, startup entrepreneurs will receive an initial 1-year visa which will be later extended to two years after they have established their business for one year in Thailand.
Smart Visa holders may not need a work permit but their jobs must not be in the government’s list of occupations prohibited for foreign workers. The visas will also allow the holders and their dependents to stay in the Kingdom without reporting to the immigration bureau every 90 years.
Applications for Smart Visas will open on 1 February 2018.