Thailand’s LTR visa program has reached 12,000 approvals over the past four years
Thailand's Long-Term Resident (LTR) visa program has approved 12,010 high-potential foreigners since its September 2022 launch, generating an estimated USD 1.28 billion in economic value through fees, spending, investment, and tax revenue.
Thailand's Long-Term Resident (LTR) visa program has granted 12,010 visas to high-potential foreigners since its inception in September 2022, generating an estimated USD 1.28 billion in economic value, according to the Board of Investment (BOI). This visa scheme is crucial for attracting global talent ahead of investments in advanced technologies such as semiconductors, AI, and biotechnology.
The BOI has introduced a digital portal in September 2026, connecting four government agencies to streamline processing, alongside a new one-stop service center at One Bangkok. The visa attracts recipients from the United States, Japan, and the United Kingdom, with categories including skilled professionals, remote workers, wealthy individuals, pensioners, and dependents.
The LTR visa program contributes significantly to Thailand's economy, with an average economic value of over USD 107,000 per recipient.
Written by urgent.news from Thailand Business News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
