SMART S (Startup)
Technology-based startup entrepreneurs in the targeted industries Application for 2-year visa: Foreigners who have already established a certified startup company in Thailand.
Qualifications and Criteria
- Having established a startup company in Thailand, certified as being the ones in the targeted industries by relevant government agencies such as the National Innovation Agency (Public Organization) and Digital Economy Promotion Agency.
- Holding no less than 25% of the company’s registered capital or a position of a director of the abovementioned company.
- Having a deposit of no less than 600,000 Baht or equivalent in a bank account in Thailand or in the country of his/her nationality or residence, which has been held for at least 3 months.
- In the case of being accompanied by spouses and children, an additional amount of deposit of no less than 180,000 Baht per person or equivalent is required in a bank account in Thailand or in the country of his/her nationality or residence, which has been held for at least 3 months.
- Having health insurance covering the entire period of stay in Thailand for the applicant as well as spouse and children.
Privileges
- Maximum renewable 2-year visa.
- No work permit required for working in the business certified by relevant agencies. In case of changes of jobs, additional endorsements in accordance with the relevant requirements must be obtained.
- 90-day reporting to the Immigration at the One Stop Service Center extended to 1 year.
- No re-entry permit required.
- Spouse and children granted permission to stay in Thailand for the same duration as the Smart visa holder. The spouse granted permission to work with no work permit required.
- Access to a fast -track service at international airports in Thailand (where available).