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Thailand Approves Update of Long-Term Resident (LTR) Visa's Criteria and Conditions to Attract a Wider Range of Foreign Experts, Investors, and Executives

Business

Thailand Approves Update of Long-Term Resident (LTR) Visa's Criteria and Conditions to Attract a Wider Range of Foreign Experts, Investors, and Executives
Business

Business

Thailand Approves Update of Long-Term Resident (LTR) Visa's Criteria and Conditions to Attract a Wider Range of Foreign Experts, Investors, and Executives

2025-01-15 12:17 Last Updated At:12:35

BANGKOK, Jan. 15, 2025 /PRNewswire/ -- The Thailand Board of Investment (BOI) announced today the approval by the Cabinet of updates and adjustments to the qualifications, criteria, and conditions for the Long-Term Resident (LTR) Visa program to facilitate access to a wider range of experts, investors and executives aiming to boost the country's foreign talent pool and support the further development of the country's competitiveness. 

"These updates to the LTR program were developed following extensive consultations with stakeholders, such as the foreign chambers of commerce in Thailand, and approved by the LTR committees to address obstacles and streamline processes," said Mr. Narit Therdsteerasukdi, Secretary General of the BOI. "By ensuring a more inclusive and competitive approach, we believe these changes will further enhance Thailand's position as a global hub for investment and high-potential talent. Smooth visa procedures are an essential part of our focus on the ease of doing business."

The BOI is the agency in charge of the screening of the applicants to the LTR program, which was first launched in September 2022, and offers successful applicant a 10-year residence, and access to a digital work permit, personal income tax privileges among other benefits. The LTR targets four categories, namely Highly-Skilled Professionals, Work-from-Thailand Professionals, Wealthy Global Citizens and Wealthy Pensioners.

The approved changes include an expansion of the list of target sectors for the Highly Skilled Professionals category, aimed at talent and experts. Previously focused on science, technology, and target industries, the list now encompasses a broader range of non-STEM fields, such as Development and sustainability, Disaster and risk management, Integrated innovation. The inclusion of educators in vocational and higher education across all disciplines will ensure the transfer of valuable knowledge to Thai students and professionals, and boost the nation's competitiveness.

The requirement for a minimum of five years of work experience in a relevant field for applicants to the Highly Skilled Professionals and Work-from-Thailand Professionals categories has been removed to reduce requirement redundancy and increase accessibility, allowing a wider range of high-potential applicants to contribute to Thailand's target industries.

Two other changes have been made to facilitate applications to the Work-from-Thailand Professionals category. The corporate revenue requirement for overseas-based employers sponsoring an applicant has been lowered to a minimum of USD 50 million over the last three years, down from USD 150 million. Also, employees of wholly owned subsidiaries of major multinational corporations are now eligible to the LTR, provided they can demonstrate financial stability through the parent company's financial statements, not the subsidiary as previously required. These changes reflect a commitment to attracting more digital and technology specialists, critical for Thailand's economic transformation.

The minimum annual income requirement for Wealthy Global Citizens category applicants has been removed to prioritize the cumulative wealth and investments in Thailand which are the core requirements for this category, aligning with the goal of encouraging greater foreign investment activity in the country.

Last but not least, the rights for dependents of the principal applicant, to any of the four LTR categories have been expanded without a limitation on the number of dependents. The rights of the principal LTR holder will now include parents and legal dependents to enhance Thailand's appeal to families and ensure a welcoming and supportive environment for all.

All changes will take effect following the official BOI announcement on the updated LTR criteria and the Ministry of Interior's announcement on the expansion of dependents' rights.

LTR Applications Data

As of the end of 2024, the BOI has already granted LTR visas to more than 6,000 applicants. Europe leads the list with 2,500 recipients, followed by the United States (1,080), Japan (610), China (340), and India (280).

For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Thailand Approves Update of Long-Term Resident (LTR) Visa's Criteria and Conditions to Attract a Wider Range of Foreign Experts, Investors, and Executives

Thailand Approves Update of Long-Term Resident (LTR) Visa's Criteria and Conditions to Attract a Wider Range of Foreign Experts, Investors, and Executives

LAS VEGAS, Jan. 9, 2026 /PRNewswire/ -- Guide Sensmart (Booth 21740, Central Hall), a global leader in thermal imaging technology, officially launched its next-generation thermal imaging innovation – ApexVision – alongside a series of new products empowered by the technology. This launch represents a systemic leap for the industry from merely "seeing heat" to "seeing with clarity, precision, and intelligence," marking the dawn of a new era defined by Ultra-Clarity.

CES Show Floor Reaction: "Ultra-Clarity" Draws Deep Engagement

At the Guide Sensmart booth, live product demonstrations powered by ApexVision attracted strong attention from industry analysts to global media. Hands-on comparisons—such as maintaining clear imaging details of distant targets and delivering crisp, smear-free imaging of fast-moving objects—earned consistent praise. Many professional visitors noted that this reliable "what-you-see-is-what-you-get" clarity would directly enhance operational efficiency and decision-making confidence.

ApexVision integrating both hardware and software: It combines the high-sensitivity ApexCore S1 detector, the Nexus 1.0 processing platform, and scenario-optimized algorithms. Together, ApexVision successfully overcomes persistent challenges such as low contrast in complex environments, detail loss at long range or high magnification, motion blur on fast-moving objects, and inaccurate detection of minute temperature differences.

From Architecture to Application: A Full Portfolio Empowered

On the CES show floor, Guide Sensmart demonstrated how ApexVision delivers tangible improvements across thermal devices. Thermography tools (e.g. E3S, H6S thermal cameras) leverage the SharpIR 2.0 algorithm to provide stable, accurate temperature measurement in demanding environments, enabling inspectors to pinpoint hidden faults with greater confidence. Outdoor hunting optics (e.g. TD650LS monocular and TN650MS binocular), benefit from Hyper-Light 2.0, allowing users to identify nocturnal wildlife in complete darkness and track fast-moving targets while maintaining clean, sharp images even at 10× zoom.

"The launch of ApexVision marks a milestone where our vertically integrated technology development translates into real value for users," said a Guide Sensmart spokesperson. "It is more than a set of specifications—it delivers the certainty of Ultra-Clarity to every professional user."

The debut of ApexVision at CES 2026 signifies more than a routine product update. By resolving long-standing trade-offs between sensitivity, stability, and environmental robustness, Guide Sensmart is advancing thermal imaging into the Ultra-Clarity Era, building a clearer, safer, and more efficient future.

We are keen to explore partnership of collaboration with you. Know more about Guide Sensmart at https://www.guideir.com.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

ApexVision Debuts at CES 2026: Guide Sensmart Ushers in the Ultra-Clarity Era of Thermal Imaging

ApexVision Debuts at CES 2026: Guide Sensmart Ushers in the Ultra-Clarity Era of Thermal Imaging

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