What is the process and requirements for obtaining an Investor Visa in Thailand?

Apr 1, 2024
8 months ago
Yvonne ********
ORIGINAL POSTER
Hi everyone ๐Ÿ™‚

Has anyone experience with obtaining an Investor Visa? Insights and advice about the process, actual requirements and overall experience highly appreciated. Thank you in advance!
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TLDR : Answer Summary
The conversation discusses experiences and insights related to obtaining an Investor Visa in Thailand. A key point is that the Board of Investment (BOI) plays a critical role in approvals and individual case assessments. One commenter shared their personal experience with a BOI-promoted investment, highlighting that a direct investment of 10 million baht can be easier to process without extensive paperwork. The discussion also mentions options such as depositing funds in Thai banks or purchasing property directly from developers. Overall, it provides useful details for prospective investors.
John *********
I feel a bit stupid. If you have that kind of moneyโ€ฆ..never mind, I figured it out.
Pertti *************
I have boi promoted non IB but agent did all papers and it's for working investment projects. Investment visa 10mil is much easier because there isn't company or boi papers going. I have read that transfer 10mil to thai bank deposit or buy condo direct from developer and can combined too. After that you just apply initial visa outside thailand.

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Yvonne ********
ORIGINAL POSTER
@Pertti ************
thanks ๐Ÿ™โ˜บ๏ธ
Kool *******
@Yvonne *******
there is also an extensive background investigation. The whole process takes from 3-4 months. Buying a house is not an approved investment as you can not own the land. Only buying a condo approved by them works.
Brandon ************
All decisions, judgments, approvals and acceptance is done by the BOI. They are the ones you want to contact to ask any questions because this type of visa is very dependent upon each person's individual situation and the decisions of the BOI. You'll need to coordinate with them from the begining.
Yvonne ********
ORIGINAL POSTER
@Brandon ***********
so are they also responsible if you want to invest in a house in Thailand?
Yvonne ********
ORIGINAL POSTER
Okay Great. Thanks a lot ๐Ÿ™
Brandon ************
@Yvonne *******
they decide if what you want to do will qualify for the investment visa or not.
Yvonne ********
ORIGINAL POSTER
@Brandon ***********
Thank you! :)
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