New Smart Visa Launching In January 2018

Published on 27th December 2017 by Stickboy BKK

A new long term visa aimed at professionals wishing to live and work in Thailand will launch in January 2018, according an update from the Prime Minister’s office.

The “Smart Visa” was announced earlier this year but details have only just been released including no work permit needed for certain types of professions, annual reporting instead of the usual 90 days, plus equivalent benefits for spouses and children of the holder.

smart visa

According to information on the website, Smart Visa’s fall into three categories:

1. Highly skilled experts specialising in tech, aviation, healthcare etc. This group will receive a 4-year visa without a work permit.

2. Investors who have been promoted by the Board of Investment (BOI) investing in 10 target industries will receive a visa term of between 2-4 years, depending on which industry they invest in.

3. Startups in certain fields will be granted a visa period of 2-4 years, depending on their field. As an example, if it is a hi-tech business, the visa term would be 4 years.

The bubble was burst for digital nomads dreaming they’d be sorted with this new visa when the applicants monthly income of 200,000 baht per month plus was outlined.

More details on the requirements for each of the groups will be published online ahead of the January launch.

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