Thailand SMART Visa

Last updated 2026-10-22 Route business Authority Board of Investment

Official page Board of Investment, SMART Visa

Key facts

Validity
Up to 4 years
Financial threshold
THB 600,000 deposit held 3 months on the startup track, about USD 18,750 at THB 32 per USD (2026)
Settlement
None
Processing
4 to 6 weeks

Thailand SMART Visa

Eighteen targeted industries, plus a work permit exemption most Thai routes do not offer. The Smart Visa is for founders and experts rather than for employees.

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Programme snapshot

ItemCurrent rule
Main audienceFounders, investors, executives and experts in targeted industries
Visa familyNon-immigrant SMART Visa
ValidityUp to 4 years
Stay2 years initial for the startup track
Financial thresholdTHB 600,000 deposit held 3 months on the startup track, about USD 18,750 at THB 32 per USD (2026)
Equity requirement25 percent shareholding or director role
Work permitExempt. This is the key benefit
FamilySMART O for spouse and children
SettlementNone
Processing4 to 6 weeks

The eighteen industries

Next-generation automotive, smart electronics, affluent medical and wellness tourism, agriculture and food biotechnology, automation and robotics, aviation and logistics, biofuels and biochemicals, digital, medical hub, national defence, circular economy supporting industries, aerospace and space, science and technology human resource development, environmental management and renewable energy, technology and startup ecosystem management, target technology development, international business centres, and alternative dispute resolution.

If your business is not in one of these, SMART Visa is not available and you are looking at a Business Manager route instead.

The categories

The programme was built with five sub-categories: Smart T for talent, Smart I for investment, Smart E for executives, Smart S for startups, and Smart O for dependants.

Only SMART S and SMART O remain fully documented on the BOI site. The other three appear in the contact form but not in the published criteria. Treat any agent offering Smart T, Smart I or Smart E as unverified until BOI confirms the current rules in writing.

This is a real problem for planning, and it is why the programme is less used than its benefits suggest. A visa category that exists in a dropdown but not in published guidance is not a category you can build a move around.

SMART S requirements

  • A technology-based startup in a targeted industry, already established in Thailand
  • Director role or at least 25 percent shareholding
  • THB 600,000 deposit, held at least three months
  • Health insurance
  • BOI endorsement

Good fit

Founders who have already set up a Thai company in a targeted industry and want to work in it without a separate work permit and without the 4 to 1 Thai employee ratio. Digital and technology businesses, which sit comfortably inside the list.

Poor fit

Anyone whose business is outside the eighteen industries. Anyone who has not yet incorporated in Thailand. People who need certainty about which sub-category applies, since three of the five are undocumented. Founders who need a path to permanent residence, because there is none.

Watchpoints

  1. The BOI SMART Visa site is visibly out of date. Latest news items are from 2019. Criteria may have moved without the page moving.
  2. Only SMART S and SMART O are documented. Do not plan around Smart T, I or E without written confirmation.
  3. The company must already exist in Thailand. This is not an entry visa for people who intend to incorporate later.
  4. THB 600,000 must be seasoned three months. Same discipline as the DTV.
  5. Targeted industry is a hard gate. No discretion for businesses outside the list.
  6. BOI issues a fraud warning. Only the TIESC centre is legitimate.

Sources

  • Board of Investment, SMART Visa programme and targeted industries. Checked 2026-10-22.
  • thaievisa.go.th, SMART Visa category. Checked 2026-10-22.
  • BOI, TIESC contact and fraud warning. Checked 2026-10-22.