INVESTOR VISAS
This is a new category of visa with issuance controlled
by the Board of Investment. This visa can carry a residence
permit for applicant and immediate family if a specified amount
of capital is brought into Thailand for investment.
Direct Investment: Applicable by aliens
who bring into Thailand not less than Baht 10 million for
investment in a new project which benefits the country's economy
or a project subject to the approval and conditions set forth
by the Committee for Granting Permanent Residence; or
Investment in Securities:Applicable to aliens who bring into
Thailand money to buy special-type bonds prescribed by the
Ministry of Finance and the Bank of Thailand. Persons granted
visas must not transfer or redeem the bonds for a period of
10 years.
- Investor Baht 8 million
- Spouse Baht 6 million
- Per minor, unmarried child Baht 2 million
Normally, a 90 days non-immigrant visa can be applied for
from a Royal Thai Embassy or Consulate in your own country.
However, if foreigners wish to stay in Thailand for one year,
two options are available:
1. You (the foreigner) can submit an application
for a non-immigrant visa at a Thai Embassy or Consulate outside
Thailand then sent to the Immigration Bureau in Thailand.
2. Companies in Thailand wishing to employ
a foreigner must submit an application to the Immigration
Bureau.
When an alien applies for a non-immigrant visa "code
B" , to stay in the country 90 days or less, and would
like to apply for an extension or an alien applies for a non-immigrant
visa "code B-A" , to stay over 90 days, he/she will
need to submit the following:
- Application Form T.M. 7 (for extension of an alien who
enters the Kingdom for not more than 90 days).
- A copy of the passport or substitute document.
- One 4*6 cm. Photo.
- 500 baht fee is required for an extension of 90 days or
less.
- A recommendation letter from the company showing the positions
of the applicant as well as the position of all foreigners
working in the company and for what reasons these aliens
must be employed.
- Work permit or the receipt showing the alien has applied
for such a permit from the Ministry of labour and Social
welfare.
- The alien’s personal tax details including: balance,
profit and loss, entity income tax, Vat records for the
past year.
- Certificate of entity registration, company registration
certificate of limited company or commercial registration
or VAT registration and list of partnerships.
- Export companies must submit document of export transactions,
i.e. bank or company transactions.
- The officials reserve the right to require more documentation
for further investigation to verify the company’s
viability.
3. Applying for an extension for aliens
who support or are being supported by parents with Thai nationality
or have residence in Thailand.
Requirements:
- Application Form T.M. 7.
- A copy of passport or substitute document.
- One 4*6 cm. Photo.
- Marriage certificate.
- 500 baht fee.
- Birth certificate (if any). & current medical original
certificate ( any Thai clinic will do for 30-50 baht).
- Evidence to identify that the supporter or the one being
supported has a Thai nationality or has residence in Thailand.
- If an alien is the supporter, he must submit financial
evidence, proof of employment, work permit and tax receipts.
4. Applying for an extension for aliens
who support or are being supported by a spouse with Thai nationality
or who has residence in Thailand.
Initial place to contact:
An alien must apply for a non-immigrant visa "code O"
at a Thai Embassy or Consulate abroad before entering the
Kingdom.
Duration of first permit: As warranted by
this visa, permission is given for a period of 90 days. Duration
of extension: The Immigration Office will grant him a maximum
extension of one year at a time.
Exception:
Members of the diplomatic or consular corps, aliens coming
to perform their duties in Thailand with the approval of the
Thai government, aliens performing their duties in Thailand
under an agreement between the Thai government and a foreign
government, heads of international organizations or agencies
operating in Thailand, and dependents of all the aforementioned
persons, including private servants of members of the diplomatic
corps, are exempted by the Act from the normal visa requirements.
|