cornishcarlos Posted December 2, 2019 Share Posted December 2, 2019 Just wondering if anyone has actually been issued with one of these yet ?? On the surface it seems like a good option and I shall be looking into it a bit more next year. 1 Link to comment Share on other sites More sharing options...
Matzzon Posted December 2, 2019 Share Posted December 2, 2019 It might just not be such a smart move. Link to comment Share on other sites More sharing options...
Peterw42 Posted December 2, 2019 Share Posted December 2, 2019 (edited) 30 minutes ago, cornishcarlos said: Just wondering if anyone has actually been issued with one of these yet ?? On the surface it seems like a good option and I shall be looking into it a bit more next year. If you qualify, it could be a great option. But its for specific investments, start-ups, the investors/staff/executives of those start-ups etc. https://www.boi.go.th/index.php?page=detail_smart_visa Edited December 2, 2019 by Peterw42 Link to comment Share on other sites More sharing options...
shadowofacloud Posted December 2, 2019 Share Posted December 2, 2019 (edited) There were a couple reports on this forum something like 2 years ago, IIRC. The bottom line was: bureaucratic nightmare, avoid like the plague. It seems it's mostly posturing, a way to signal to the world "hey, look, we are attracting tech talent, start-ups etc.", but it ends at the signalling stage. Malaysia has a similar visa, forgot the name, and it also has a mutli-staged, complicated application process. Edited December 2, 2019 by shadowofacloud 1 Link to comment Share on other sites More sharing options...
cornishcarlos Posted December 2, 2019 Author Share Posted December 2, 2019 Start up option looks ok.. 600k in the bank for a fixed 1 yr term. Set up a company within one year. Annual visa renewable for another 2yrs if requirements are met !! I have a suitable qualifying start up in mind, so I will approach the local labour office and immigration office to see what they require and if it's actually viable.. Better than waiting for Non Imm O to be no longer available and then panic ???????? Link to comment Share on other sites More sharing options...
cornishcarlos Posted December 2, 2019 Author Share Posted December 2, 2019 22 minutes ago, Matzzon said: It might just not be such a smart move. Awesome contribution ???????? 2 Link to comment Share on other sites More sharing options...
ubonjoe Posted December 2, 2019 Share Posted December 2, 2019 I think a lot more people have gotten the smart visa than many people think. There are 4 categories of it to apply under. Required documents are here. http://www.consular.go.th/main/contents/filemanager/Docs/20190715112117311.pdf Link to comment Share on other sites More sharing options...
ThomasThBKK Posted December 2, 2019 Share Posted December 2, 2019 20 minutes ago, cornishcarlos said: Start up option looks ok.. 600k in the bank for a fixed 1 yr term. Set up a company within one year. Annual visa renewable for another 2yrs if requirements are met !! I have a suitable qualifying start up in mind, so I will approach the local labour office and immigration office to see what they require and if it's actually viable.. Better than waiting for Non Imm O to be no longer available and then panic ???????? 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. Only worth it if you want to start a real business anyway, as you have to hold at least 25% of company shares and it needs to be in the following industries: Quote Next-Generation Automotive Smart Electronics Affluent, Medical and Wellness Tourism Agriculture and Biotechnology Food for the Future Automation and Robotics Aviation and Logistics Biofuels and Biochemicals Digital Medical Hub Alternative Dispute Resolution Human Resource Development in Science and Technology Environmental Management and Renewable Energy Link to comment Share on other sites More sharing options...
cornishcarlos Posted December 2, 2019 Author Share Posted December 2, 2019 30 minutes ago, ThomasThBKK said: 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. Only worth it if you want to start a real business anyway, as you have to hold at least 25% of company shares and it needs to be in the following industries: Yes, I've been doing research into this for several years now and the start up I have in mind does come under their list... Its something I was going to do when I "retire" from my current off shore job ???? Link to comment Share on other sites More sharing options...
ThomasThBKK Posted December 2, 2019 Share Posted December 2, 2019 (edited) Still no clue why you go down that route, isn't attractive at all. Get's you a 2 year visa instead of a 1 year one just running a normal company without government oversicht and a b visa with work permit... Smart visas are mainly stupid, if you take investment and get dilluted in your startup and fall below 25% of ownership you lose the visa, very smart indeed. amazing thailand. Edited December 2, 2019 by ThomasThBKK Link to comment Share on other sites More sharing options...
cornishcarlos Posted December 2, 2019 Author Share Posted December 2, 2019 2 hours ago, ThomasThBKK said: Still no clue why you go down that route, isn't attractive at all. It will be attractive once they stop issuing Non Imm O multi entry visa ???????? 1 Link to comment Share on other sites More sharing options...
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