What it means

BOI stands for the Board of Investment of Thailand — the government agency under the Ministry of Industry responsible for promoting foreign and domestic investment in targeted economic sectors. For visa and residency purposes, BOI is significant because companies holding BOI promotional certificates can sponsor foreign workers on favourable terms: simplified Non-B and work permit processing, exemption from the standard 4-Thai-employees-per-foreigner ratio, access to BOI One-Stop Service in Bangkok, and eligibility to sponsor SMART Visa applications. BOI also administers the LTR visa programme through its dedicated LTR Unit. Companies seeking BOI promotion must operate in one of BOI's targeted S-curve industries: digital technology, biotechnology, advanced manufacturing, aerospace, medical hub services, robotics, or food processing innovation.

Why it matters in Pattaya

Pattaya falls within the Eastern Economic Corridor (EEC) — a special investment zone covering Chonburi, Rayong, and Chachoengsao provinces. The EEC offers enhanced BOI incentives beyond what is available in the rest of Thailand, including extended tax holidays (up to 13 years for targeted sectors), import duty exemptions on machinery and raw materials, and facilitated land access for industrial projects. Foreign professionals in Pattaya encounter BOI in three main contexts: their employer holds BOI status and sponsors them with accelerated Non-B and work permit processing through the OSS; they are founding a technology or digital business in the EEC zone and applying for BOI promotion to access incentives and easier hiring; or they are applying for the SMART Visa, which is processed exclusively through BOI.

When you need it

Common mistakes

Related pathways: SMART Visa · Non-B Visa and work permit · LTR Visa.

Related terms

SMART Visa · LTR · Non-B · WP10 · Royal Decree 743

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