The Thai Non-Immigrant Visa B or “Business Visa” is for foreigners who want to work, conduct business or invest in Thailand. This is the only type of visa that allows you to work in the country so those of you who wish to work here have to apply for the Thai business visa. If you need to bsuiness visa for a job, then please ask your employer to contact Baan Smile instead.
The single-entry Business Visa allows you to stay for a maximum of 90 days while the multi-entry Business Visa allows you to stay for a maximum of 1 year.
The single-entry Thai Business Visa may be extendable for a period of up to 1 year after the date of first entry into Thailand at the Thai Immigration office.
Nationals of all countries are qualified to apply for this visa.
You can apply for the The Business Visa at the Thai Embassy/Consulate in your home country or start the process while you are here in Thailand.
In order to apply for either of these visas you need:
You will need to provide evidence of Adequate finance of 20,000 THB per person or 40,000 THB per family.
You can only apply for the work permit once you have received the Non-Immigrant B visa. In order to apply for the work permit, you need the following documents:
Documents from employer:
The work permit application will be processed by the Ministry of Labor and can take up to 7 working days to be approved. Once you have a valid work permit, you can then apply for a 1-Year Non-Immigrant Business Visa. with Multiple-Entry.
Yes. You can cancel the business visa and apply for a retirement, education or other type of long term visa.
No, you will need to apply for a 90-day Business Visa in order to enter Thailand, once entered, you will have to apply for the work permit at the office of the Ministry of Labor, once you get the work permit, you will then be allowed to apply for the 1-year multiple-entry Business Visa.
Yes! If you want to bring your dependent family members to Thailand they can apply for an "O" Non-Immigrant Visa, which allows them to stay in Thailand for up to one year with you.
Yes, a foreigner can invest in businesses almost anywhere in the world - Thailand included.
The important thing is the agreement you have with the local business and that's a one-on-one thing that you negotiate with the owners of that business.
Its a good idea to invest in business that you have some knowledge or experience of, instead of a business where your'e a total newbie.
The best way to do it, is to start a company in Thailand.
Then you can buy the properties under the name of the company and rent them as AirBnB as you wish.
But we also know quite a few people who have just rented homes and condos and just re-rented them as Airbnb and make the profit. They never bought any units.
So might be a good way to test the waters first without putting down money. Then when you perfect the business model, you can go ahead and buy units.
The real-estate market in Bangkok is crowded and cut-throat and is a buyer's market. So find a good way to test the waters first so you don't lose a lot of money!
Normally to start a business in Thailand, it must have Thai ownership of at least 51%.
But for those American Citizens who want full control, there is the Treaty of Amity. It allows American Citizens to start a business in Thailand and retain 100% ownership of that business.
However such a business has more restrictions that a standard limited liability company in Thailand. The company cannot do the following kinds of businesses:
The setup of this kind of company is a bit more involved and takes a while longer than a standard Thai Limited Liability company, but it can be surely done.
If you need help to setup such a company please contact us at the links below.
It depends on what you mean by limited investment.
But the surefire way we always recommend, is a business with the skills you already know.
The only thing you then have to worry about is learning the culture, setting up the business and getting customers.
It's not a good idea to move to a different country and take on a business model that you are entirely unfamiliar with. That's a recipe for instant and painful disaster.
First thing is to decide what kind of business you want to open. Once that is decided everything else is easy and just a matter of logistics.
We assume you know who your typical customers will be.
We assume how many employees you will need.
We assume you’ve figured out how you will market your business to those customers.
We assume you know how much money you will need to cover expenses for staffing.
All the above is 1000 times harder than opening the business itself.
Find a local partner in Thailand and ask us to register the company and optionally prepare the paperwork for your work permit and visa. Those parts are not hard.
Yes, you can open a real estate agency in Thailand, if you have a standard Thai business that is owned 49% by you.
However to trade in land is prohibited under Thai law by foreigners.
If you are just going to be a service that rents/sells condos as an agent, then no problem. You should partner up with someone here to has a real estate license to make things easier for you.
Starting a real estate agency is a GREAT idea and we wish you the best of luck!