Tuesday, January 23, 2018

New Smart Visa will Allow a 4 Year Entrance to Specialist Expatriate Workers

The smart visa will be divided among four main groups. The first being specialist workers in scientific fields who have a base salary of 200k baht. The second, similar but company executives with the same base rate and 10 years of experience. The third and forth groups will be individuals and companies wanting to invest in the target industries, the minimum will be 20 million baht.

Benefits of the smart visa are that it will provide a four year entrance into Thailand as opposed to the standard 90 day visa. Spouses and children of the successful applicant may also work in Thailand. Only a thousand of the visas will be distributed. The government adds that the smart visas will not disrupt the “local labor market”.

The targeted industries will belong to the First S-Curve and New-S Curve Industries. First S-Curve include smart electronics, automotive, medical/wellness tourism, agriculture and biotechnology and the New S-Curve categories will include medical centers, digital businesses, biochemicals, robotics and aviation

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Applications for the smart visa will commence on the first of February, 2018. The targeted industries will be Thai-based.

Read the full story here

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