It’s one of the questions foreign entrepreneurs ask most when setting up in Thailand. And one of the most misunderstood. Local partner, nominee, Thai shareholder… the terms get mixed up, and so do the assumptions. The result: decisions made too fast, sometimes on the wrong side of the law, and usually at the expense of the project itself.
Thailand has always been a favorite destination for travelers around the world, and now, the Thai government is making it even easier for tourists to visit and stay longer. With the implementation of new visa programs aimed at boosting tourism, Thailand is set to welcome more visitors with open arms. These changes will take place in two phases: July 15th, 2024, and September 2024.
Thailand offers an Entrepreneur Visa program which aims at attracting highly skilled professionals, entrepreneurs, investors or executives that will contribute to the development of industries within the country. This growth driven program is called the Smart Visa Program.