Thailand's plans to attract professionals

07.06.2024
Thailand

Thailand is actively developing and implementing strategies to attract global talent through new visa programs that strengthen its position as a center for innovation and business. These innovations are aimed at enhancing the competitiveness of Thailand's economy and creating an optimal environment for global investors and talent.

The Board of Investment of Thailand (BOI), in collaboration with the Bureau of Immigration (IB) and the Ministry of Labor, is developing a one-start-one-window concept to simplify the registration and permit process. This will make it easier to do business and make Thailand more attractive to international professionals.

Thailand offers various visa programs to attract foreign professionals:

  • Smart Visa targets experts and investors from key economic sectors as well as supporting startups, especially from countries such as the US, Russia, UK, Japan and Germany. This program promotes innovation and economic growth by attracting international talent and capital.
  • The LTR (Long-Term Resident) visa is designed for highly skilled professionals, remote workers, high-income earners and retirees, granting them long-term residency for up to ten years, with work opportunities and unlimited entries.

In addition, there are plans to introduce the DTV (Destination Thailand Visa), which will facilitate registration for foreigners with digital skills, granting multiple entry to Thailand for up to five years, with the ability to stay in the country for 180 days per year, and if necessary extend the stay for another 180 days.

Such measures open Thailand to people of all ages who are willing to contribute to the country's economy through investment or professional skills, enhancing the economic and innovation potential as well as the social well-being of the nation.