Thailand Digital Nomad Visa

Thailand is one of the most attractive destination amongst Digital Nomads due to its beautiful scenery, low cost of living, and fast internet connectivity. Whether you’re a freelancer, an entrepreneur, or a remote employee, Thailand has a lot to offer when it comes to working remotely. Thailand doesn’t currently have a so called Digital Nomad Visa, but offers several other visas that could help those who wish to work remotely from the country.

The first type of visa is the Long-Term Resident (LTR) Visa, a special visa category designed for foreign nationals who wish to live in Thailand for an extended period of time. The LTR visa allows holders to stay in Thailand for a period of up to 5 years with an option to renew for another 5, and provides a range of benefits, including the ability to work, study, and travel in and out of the country without the need for a re-entry permit.

There are four groups of people that the LTR visa is designed for:

• High-income individuals
• Retirees
• Remote workers
• Professionals with special skills

We’ll focus on the remote workers category.

Eligibility

• To be eligible for the visa, you need to have a work contract with a business in Thailand or abroad.
• If you’re a foreign specialist, you must have at least 5 years of work experience in one of the targeted industries within the last 10 years.
• Your current employer needs to be a public company on the stock exchange or a private company in operation for at least 3 years with a combined revenue of at least USD 150 million in the last 3 years.
• You must have a personal income of at least USD 80,000 per year in the past 2 years.
• If your personal income is between USD 40,000 and USD 80,000 per year in the past 2 years, you need to have a Master’s degree or above, own intellectual property, or receive Series A funding of at least USD 1 million.
• You need to have health insurance covering medical expenses in Thailand for no less than USD 50,000 for at least 10 months from the application date or show evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the application date.

Visa fees

• 50,000 Baht per person for a 10-year visa with multiple entry.
• 3,000 Baht/year for a digital work permit

Smart S (Startup) Visa

Another visa worth mentioning is the Smart S (Startup) Visa. The Thailand Smart S Visa is designed for entrepreneurs and investors who want to start a business or invest in a startup in Thailand. The visa is issued for a period of up to four years and provides the holder with a range of benefits, including the ability to work, live, and travel in Thailand.

To qualify for the Smart S Visa, applicants must meet certain requirements, such as having a viable business plan, holding at least 25% of the company’s capital and a deposit of at least 600,000 Baht in a bank in Thailand. They must also be endorsed by a recognized government agency, such as the National Innovation Agency or the Digital Economy Promotion Agency.

Apply now for a Thailand Long-Term Resident (LTR) Visa