Thailand Board of Investment

For other uses, see Board of Investment.

The Thailand Board of Investment (BOI) is an agency of the Government of Thailand to promote investment in Thailand. It provides investment information and services for investors, as well as many incentives. [1]

In order to have working privilege under Thailand Board of Investment (BOI), foreign experts and skilled workers have to follow the Investment Promotion Act 1977 and there are 2 sections to be considered. Section 24 is the permission to foreign nationals for entry into the Kingdom for the purpose of studying investment opportunities or performing any other act benefiting investment. Foreign experts and skilled workers are allowed to stay in Thailand from 3 to 6 months since the companies where they work or own have not yet received the Investment Promotion Certificate. Section 25 is the permission to foreign nationals who are skilled workers, experts, spouses and dependents of foreign experts and skilled workers in such number and for such periods of time. The foreign experts and skilled workers will be allowed to stay in Thailand from 1 to 2 years since the companies where they work or own have already received Investment Promotion Certificate. The permission periods either 1 or 2 years will base on the kind of activities which stated in Investment Promotion Certificate of the companies.

According to figures released by BOI, 2012 saw an investment of 1.127 trillion baht ($33.5 billion), the highest ever.[2] The number of projects rose by 9% to 2180.

See also

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References

  1. ↑ http://stein-advisors.com/investment-in-thailand/board-of-investment.html
  2. ↑ Thailand investment projects top $33b investvine.com dated 2012-12-28


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