Smart S - Established Startup

publicAnywhereflight
Thailand
About
Requirements
Cost of Living
Expats
Talent Migration

About

Smart Visa is a new type of visa specially designed to attract highly skilled manpower, investors, executives and startups entrepreneurs wishing to work or invest in the targeted industries in the Kingdom of Thailand. 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. Privileges: 1. Maximum renewable 2-year visa. 2. 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. 3. 90-day reporting to the Immigration at the One Stop Service Center extended to 1 year. 4. No re-entry permit required. 5. 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. 6. Access to a fast -track service at international airports in Thailand (where available).
event_available

DURATION

2 years

apartment

CITIZENSHIP

Month(s)

attach_money

FEES

298

badge

P. RESIDENCY

Month(s)

equalizer

COMPLEXITY

Medium

Eligibility Requirements for the Smart S - Established Startup

5 Eligibility Requirements

  • 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.

Document Requirements for the Smart S - Established Startup

9 Document Required

  • Completed application form of qualification endorsement for smart visa “S”.
  • Copy of valid passport.
  • Financial evidence showing a deposit of no less than 600,000 Baht or equivalent in a bank account in Thailand oroverseas 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).
  • Medical certificate issued from the country of which the applicant is a national or a permanent resident or where the application is submitted, showing no prohibited diseases (Leprosy, Tuberculosis, drug addiction, Elephantiasis, third phase of Syphilis) as indicated in the Ministerial Regulation No. 14 B.E. 2535 (not more than 3 months old).
  • Health insurance policy covering entire course of stay in Thailand (*Submission of this document can be done separately at a later date before a notification letter is issued).
  • Pitch deck and business plan required.
  • Shareholder list (not more than 3 months old) or/and transfer slip.
  • Company profile, company annual report, brochures or catalogues.
  • A letter of verification issued from the country of his or her nationality or residence stating that the applicant has no criminal record, certificate of incorporation, memorandum of association in Thailand, may be requested on a case-by-case basis.

Talent Migration data for Thailand

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

Disclaimer: Visadb.io is a FREE visa database and Immigration Expert Marketplace. The information displayed in this page is not legal advice. Please speak to an Expert before applying.

feedbackImprove this page

Hire verified experts for your next visa

Visadb.io is trusted and funded by European Union, UNWTO, CORFO, MITEF and other organizations. Read more about us here.

money_off

No platform fee

Visadb is free for all users and we charge experts a fee.

verified

Verified & Licenced Experts

We select high-reputation Experts, conduct video-interviews and verify their businesses.

as seen inFeatured in BBCFeatured in The Next WebFeatured in The Guardian

Subscribe to our newsletter

We send you latest news and updates about Visa and Immigration

email