Thailand’s Long-Term Resident (LTR) Visa Program has been operating for three years now and it has attracted over 7,000 global talents to work in Thailand during the period.

According to the Thailand Board of Investment (BOI), the LTR Visa Program was launched on 1 September 2022 and targets four categories, namely highly skilled professionals, work-from-Thailand professionals, wealthy global citizens, and wealthy pensioners.

In its first three years, the program has generated 23 billion baht (USD 651 million), coming from four main channels: more than 13.2 billion baht in direct spending by visa holders, nearly 8.1 billion baht in investment from visa holders in the wealthy global citizens and wealthy pensioners categories, over 351 million baht collected in visa fees, and over 800 million baht in personal income tax contributed by highly-skilled professionals.

By attracting investment and knowhow, the 10-year renewable visa program has strengthened Thailand’s position as a strategic hub for investment and talent in Asia, while offering long-term stability and competitive privileges to qualified foreign residents.

It allows eligible affluent investors and skilled professionals in high-value industries to enjoy multiple-entry privileges, digital work permits, tax incentives, and streamlined immigration services designed to international standards.

In March 2025, BOI opened the new “Thailand Investment and Expat Services Center (TIESC),” located on the sixth and seventh floors of One Bangkok on Rama IV Road, Bangkok. The center now consolidates visa endorsement, digital work permits, annual reporting, and investment facilitation under one roof, with modern facilities designed to provide efficient, seamless service to investors and expatriates.

Looking forward, the BOI will continue to enhance the LTR program through digitalized applications, expanded tax incentives, and sector-specific residency tracks, reaffirming Thailand’s commitment to becoming a premier global destination for talent and investment.