Smart Visa holders can stay four years without a work visa. Thailand has established innovation-based growth projects. Next-generation autos, affluent, medical, and wellness tourism, agricultural and biotechnology, aviation and logistics, biofuels and biochemicals, digital, medical hub, smart electronics, food for the future, automation, robots, and alternative dispute resolution are targeted. Top digital companies may invest more, said Danucha. Thailand is seeking to recruit wealthy foreigners and professionals. The new industries include national defense, those that support the circular economy, aviation and aerospace, technological innovation and startup ecosystem management, focused technology development, and international business hubs. Non-Thais can stay 10 years with the new LTR visa. Foreigners can receive a Smart Visa to work in Thailand’s 13 S-curve industries. Foreign direct investment (FDI) is rising, said Danucha Pichayanon, secretary-general of the National Economic and Social Development Council. 2023 elections and a global recession are Mr. Danucha’s top concerns. BYD’s massive investment in Thailand shows that FDI is likely to continue, according to the state planning director. The cabinet expanded Smart Visa to 18 industries on Tuesday. To attract business owners, executives, and talented people to Thailand for job or investments. The government launched the Smart Visa program to attract tech employees, executives, investors, and startups. The purpose was to recruit and develop S-curve technologies. 2018-02-01 program begins. The visa offers tax and non-tax benefits to attract international residents, technology, and labor.
Thailand will continue the Smart Visa program to attract talent
More from ThailandMore posts in Thailand »
- Kittiratt Na Ranong’s Potential Return: A Turning Point for Bank of Thailand?
- Kittiratt Na Ranong Poised for Bank of Thailand Chair: Policy Shifts Ahead?
- Phatthalung Airport Set to Transform Southern Thailand’s Tourism and Connectivity in 2024
- Thailand 2024: NESDC Report Uncovers Alarming Rise in Online Sexual Harassment Among Youth
- Chukree Daesa Launches South Thailand’s First Drone Research Hub at PSU
- Gen Prawit Wongsuwon Faces New Anti-Money Laundering Accusations: Inside the Controversy
- Yala Doctor Under Investigation: Moonlighting Scandal at State-Run Hospital Uncovered
- Chukree Daesa Unveils South Thailand’s First Drone Research and Training Center at PSU
- Phatthalung Airport Project: Transforming Southern Thailand’s Tourism and Transport Hub
- Thailand Faces Urgent Crisis: Online Sexual Harassment’s Devastating Impact on Youth Revealed by NESDC 2024 Report
- Walailak University Achieves Top Global Rankings for Sustainable Development Goals in 2024
- How Paetongtarn Shinawatra’s Mini-Heart Gesture Stirred Thai Politics in 2024
More from VisaMore posts in Visa »
- Destination Thailand Visa (DTV): The Digital Nomads Visa
- How to select a Trustworthy Visa Agency in Thailand
- E-visas are currently accessible in 38 cities and 23 nations
- Immigration authorities will revise visa extension requirements
- Utilizing facial recognition technology, an anti-overstay campaign is implemented
- Thailand increases its e-Visa service to 23 countries around the globe
- Are you a digital nomad or are you constantly on the move?
- To entice visitors from other countries, Thailand could modify its LTR visa
- Philippines provides an appealing alternative to Thailand’s 10-year LTR visa
- Affluent Americans, Chinese, and Brits lead the list of new Thai visa applicants
- 10 Year Long Term Resident Visa – Applications Open
- Will the LTR visa’s benefits tempt foreigners to contribute to the economy?
Be First to Comment