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. The program has been launched on February 1, 2018.
The SMART Visa is a new type of visa designed to attract highly skilled manpower and investors to help accelerate the development of the country’s targeted industries. 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 “13 S-Curve industries” or the country’s targeted industries.
The applicants for SMART Visa must have qualifications according to the criteria specified by the office of the Board of Investment. Their qualifications will be verified by relevant agencies. After technical and non-technical endorsements have been obtained, the SMART Visa unit will then proceed to issue a letter of qualification endorsement which the applicant will bring to the Royal Thai Embassies or Royal Consulates (in case of residing overseas) or the Immigration Bureau at the One Stop Center for Visas and Work Permits or EEC Labour Administration Center in Chonburi in order to file for SMART Visa.