Smart Visa (S Startup)

Background - Smart Visa (S Startup)

Smart Visa (S Startup) is for 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

  1. 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.
  2. Holding no less than 25% of the company’s registered capital or a position of a director of the above mentioned company.
  3. 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.
  4. 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.
  5. Having health insurance covering the entire period of stay in Thailand for the applicant as well as spouse and children.

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. The spouse granted permission to work with no work permit required for the same duration as the Smart visa holder.
  6. Access to a fast -track service at international airports in Thailand (where available).

Smart Visa (S Startup) [1 year visa] is for foreigners who have attended an incubation or accelerator program or any other similar program in the targeted industries or received joint venture funding from the public sector or endorsed by relevant government agencies.

Qualifications and Criteria

  1. Attending an incubation or accelerator program or any other similar program which is in the targeted industries and certified by relevant government agencies such as the National Innovation Agency (Public Organization) and Digital Economy Promotion Agency.
  2. In case of not participating in an incubator or a similar program, the applicant must either receive joint venture funding with the public sector or endorsed by relevant government agencies such as the Digital Economy Promotion Agency.
  3. 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.
  4. 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.
  5. Having health insurance covering the entire period of stay in Thailand for the applicant as well as spouse and children.

Privileges

  1. Maximum 1-year visa, renewable for a term of up to 2 years if requirements are met (The applicant must be a shareholder owning 25% of the registered capital or a director of the company certified as being in the targeted industries by relevant government agencies such as the National Innovation Agency (Public Organization) and Digital Economy Promotion Agency).
  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. The spouse granted permission to work with no work permit required for the same duration as the Smart visa holder.
  6. Access to a fast -track service at international airports in Thailand (where available).

Smart Visa (S Startup) [6 month visa] is for foreigners who plan to set up a startup company in Thailand or engage in promotional activities for startups or Startup Camps.

Qualifications and Criteria

  1. Having a plan to set up a tech startup in Thailand, which must be endorsed by relevant agencies such as the National Innovation Agency (Public Organization) or being engaged in an activity aimed to promote startups, or an activity similar to Startup Camp, endorsed by government agencies such as the Board of Investment and National Innovation Agency (Public Organization).
  2. Having health insurance covering the entire period of stay in Thailand.

Privileges

  1. Maximum 6-month visa, renewable for a term of up to 2 years if requirements are met.
  2. No work permits required for setting up a startup based on the endorsed plan and working for that startup, or participating in an endorsed startup promotion activity. In case of changes or additional activities, further approval or endorsement will be required.
  3. 90-day reporting to the Immigration at the One Stop Service Center extended to 1 year.
  4. No re-entry permit required.
  5. Access to a fast-track service at international airports in Thailand (where available).

NNP Group - Scope of Service

Our smart visa (S Startup) application service includes the following:

  • Advise on all required information and documents.
  • Assist with preparing visa application forms.
  • Assist with preparing or obtaining required supporting documents.
  • Submit application form to BOI OSS.
  • Follow up application to decision.
  • Correspondence by email, telephone and in person meetings when necessary.