Thailand’s Long-Term Resident (LTR) Visa program has emerged as a remarkable success story in the global competition for talent, attracting more than 7,000 high-quality foreign professionals since its launch in September 2022. The program’s success stems from its simplified residency rules, streamlined work permit processes, and attractive tax benefits that have positioned Thailand as a premier destination for international talent.

Global Appeal Across Continents

According to Board of Investment (BOI) Secretary-General Narit Therdsteerasukdi, the program has attracted professionals from around the world, with Europe leading the way at 42% of all applicants. The United States follows with 19%, while Asian countries contribute significantly, including Japan (9%), China (5%), and India (4%).

Comprehensive Program Design

The LTR Visa program targets four distinct categories of international professionals: highly skilled professionals, work-from-Thailand specialists, wealthy global citizens, and retirees. In 2025, rule changes have expanded the program further by opening doors to foreign faculty, demonstrating Thailand’s commitment to attracting academic talent.

Economic Impact and Growth

The program has generated substantial economic benefits, contributing 23 billion baht (approximately US$725 million) to Thailand’s economy. Particularly noteworthy is the surge in applications from wealthy individuals, which have doubled, indicating strong demand despite global economic uncertainties.

Enhanced Services and Infrastructure

Thailand has complemented the LTR program with improved digital services and the establishment of the One Bangkok Investment and Expat Services Center, providing one-stop convenience for professionals and investors. This comprehensive approach ensures that the immigration process is not only streamlined but also supported by modern infrastructure.

A Model for Global Talent Competition

Thailand’s LTR Visa program represents a forward-thinking approach to global talent acquisition. By addressing the primary pain points that deter international professionals—complex bureaucracy, uncertain residency status, and limited tax benefits—Thailand has created a competitive advantage in the global marketplace for talent.

The program’s success demonstrates that countries willing to innovate their immigration policies and create attractive frameworks for international professionals can achieve remarkable results in building diverse, skilled workforces that drive economic growth and technological advancement.