The Thai Government has taken a series of efforts in driving the
economy through innovation and attracting highly skilled talents
(Smart T), investors (Smart I), executives (Smart E) and startup
entrepreneurs (Smart S) in its targeted industries – the
so-called S-Curve industries – to Thailand. Therefore, the
Smart Visa program was launched, which offers some significant
benefits for the applicant, like no necessity for a work permit
(even for spouse and children), no 90 days report and no
requirement for a re-entry permit. While it went viral quickly, the
number of applicants was low, as its conditions were hard to reach.
To raise attractiveness and practical relevance of the program, the
BOI has now updated the criteria for the Smart Visa program on
December 24th, 2018, just 9 months after the program was launched.
The main changes are shown as follows:
