Why Korean Clients Choose the Smart Visa
Korean nationals are among Thailand's top inbound investor cohorts. Their dominant investment pattern is Premium condos + K-restaurant franchises + cosmetics manufacturing. The Smart Visa matches that profile because it delivers 4-year stay, No 90-day report, Family can work — with 4-year validity and government fees charged at the official government rate.
Eligibility Criteria (Smart Visa)
• Talent experts • Investors ≥ 20M THB • Executives salary ≥ 200,000/month • Startup S-Curve For Korean applicants unsure whether they qualify, NYC Legal offers a free pre-check via LINE @NYCLegal — send preliminary documents (passport, statements, income proof) and our team assesses eligibility before you commit to the full engagement.
Benefits Once Smart Visa Is Granted
• 4-year stay • No 90-day report • Family can work • No separate Work Permit required Korean holders of Smart Visa can also register BOI-promoted companies faster, enjoy 0–8 year corporate tax holidays, and import machinery duty-free. Preferred residential hotspots: Bangkok (Sukhumvit Plus/Sathorn), Pattaya, Phuket, Chiang Mai (Nimman), Koh Samui.
Document Checklist for Korean Applicants
1) South Korea passport with ≥18 months validity + copies of all stamped pages 2) 4×6cm white-background photos ×4 (taken within 6 months) 3) Financial evidence: 6–12 months bank statements showing minimum balance USD 10,000+ (with Apostille/Legalisation) 4) Police clearance from South Korea authorities, ≤3 months old 5) Thai hospital medical certificate covering TB, Syphilis, Leprosy, Elephantiasis, Substance Abuse 6) Thai-valid health insurance ≥ USD 100,000/year (O-A visas need IPD and OPD cover at the minimum levels set by Thai immigration regulations) 7) Employment/Company letters translated into English and legalised at the Royal Thai Embassy in South Korea 8) Smart Visa-specific: Talent experts
Currency Transfer & Banking Notes
KRW outbound limit USD 50k without filing; Shinhan / KB Kookmin branches in Bangkok ease compliance For Smart Visa filings, financial documents require a FET Form (Foreign Exchange Transaction) from the receiving Thai bank. NYC Legal liaises with Bangkok Bank, SCB, KBank, Krungthai, and HSBC Thailand to issue FET on the same day without the applicant traveling. Transfers >USD 50,000 also require a Source of Funds declaration under AMLO rules.
End-to-End Timeline
Thai-side processing at BOI takes 30–60 business days. Including source-document translation and legalisation from South Korea, the total end-to-end timeline is 4–8 weeks. NYC Legal offers an Express Track that compresses this to 2–3 weeks for a 30–50% surcharge, using fast-lane filing at BOI.
Alternative Visas for Korean Nationals
Other options for Korean include: • LTR-Wealthy • Elite • Investment (B) However, the Smart Visa is best suited for investors and executives who want tax benefits because 4-year stay.
Apostille Transition (28 Feb 2027) for South Korea Documents
28 February 2027 From that date, Thailand accepts Apostille in place of traditional legalisation. For South Korea source documents entering Thailand for the Smart Visa: South Korea is already a Hague member, so an Apostille from South Korea authorities is immediately accepted in Thailand from 28 Feb 2027 — saving 5–15 business days and the fee that would otherwise be confirmed in a written quotation for Thai-embassy legalisation.
NYC Legal Service for This Combination
• Initial case assessment — LINE @NYC168 replies within 30 minutes (Mon–Sat 9am–8pm) • In-house Korean → Thai/English translators with credentials • Notarial attorney signatory licensed by the Thai Lawyers Council • Filing agent at BOI so you need not travel • Status updates every 3 business days by email • If a rejection is caused by our documentation error, we correct and refile at no extra service fee • Written fee schedule in advance — no hidden costs






