Thailand real estate
BOI Promotion
Also known as : Board of Investment, BOI scheme
Definition
An investment regime managed by the Board of Investment (BOI) that grants fiscal and operational privileges to Thai companies in priority sectors (technology, biotechnology, renewable energy, automotive, certain real estate activities). Main benefits include: ability for a foreign investor to hold 100% of capital, corporate income tax exemption for 3 to 8 years, fast-track work permits and SMART visa, exemption from import duties on equipment. Minimum capital requirement of 2 million THB, with application approval by the BOI within 6 to 12 weeks.