News Forum - Thailand’s 10 year LTR visa most popular among Americans and Chinese

[Thaiger]

American and Chinese nationals have made the most applications for Thailand’s 10 year Long Term Resident (LTR) visa since its launch in September, according to the secretary-general of the Board of Investment (BOI) Narit Therdstreerakul. Thailand introduced the LTR visa on September 1, 2022, to lure ‘high potential’, talented foreigners and investors from around the world into the kingdom with the goal of boosting Thailand’s economy. In three months, the LTR visa has attracted a rather measly amount of applications… “Since the launch on September 1, up until the present, over 1,600 applicants have submitted applications,” said Narit during an […]

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[MPK]

So with this application rate the goal of 1 million visas issued in five years will only be missed by 97%, even if every single application were approved

[Soidog]

The data doesn’t lie. It’s a total flop. It’s not the idea that’s wrong, it’s the implementation that’s wrong. I’ll check back in 20 years and see how it’s going.