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.
However there is a slight hurdle of having to earn 200,000 Baht a month before being considered a high flyer.
According to information on the pmdu.soc.go.th website, Smart Visa's fall into three categories:
Highly skilled experts specialising in tech, aviation, healthcare etc. This group will receive a 4-year visa without a work permit.
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.
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.
Further details will follow.