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Thailand’s LTR Visa Draws 12,010 Expats, USD 1.28B Economic Boost

Thailand’s LTR visa attracted 12,010 foreigners and USD 1.28B in economic value in four years, BOI reports, boosting talent and advanced industries.

Thailand’s success with the LTR visa signals a broader shift in the global race for top talent. As advanced economies tighten immigration and competition for skilled workers intensifies, countries that offer streamlined, long-term residency options can capture significant economic value. The average USD 107,000 per recipient in spending, investment, and taxes is a powerful return on a visa program, and it also brings technology transfers and global connections that strengthen domestic industries. For professionals and executives considering a move, Thailand’s integrated digital portal and one-stop service center reduce friction, making it easier to relocate and work. For Thailand, the program supports its transition to a technology-driven economy and demonstrates how immigration policy can be a strategic tool for competitiveness.