Starting a Business in Asia as a Foreigner – 5 Big Reasons
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Starting a business in Southeast Asia is one of the best ways for foreigners to secure a long term visa like a residence permit or entrepreneur visa.
Malaysia’s Tech Entrepreneur Program is perfect for new as well as established entrepreneurs looking to capture Asian markets from within Malaysia. To qualify for this program, you need to undergo a criminal record check, provide bank statements proving at least RM 50,000 in savings, sign up for a digital hub and have an innovative business idea in the technological sector.
By opening a business in Vietnam, you may qualify for a 2 year renewable residence permit. Getting that permit requires you to invest some start up capital.
Thailand’s Smart Start Up visa is focused on new entrepreneurs looking to incorporate a company in the country and partner with a Thai national to make it happen. Savings of at least THB 600,000, a clean criminal record certificate and attendance of an incubation or accelator program are requirements.
0:00 Start
0:28 The Mindset
2:07 Family Unity
2:40 Labor Affordability
5:07 Malaysia’s Entrepreneur Visa
7:49 Thailand’s Smart Start Up Visa
8:36 Vietnam’s Residence Program
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