Thailand – BOI Broadens Targeted Industry Scope for LTR Visa Highly Skilled Professional Category

WHY THIS MATTERS

This development may be relevant for global mobility stakeholders, including employers, HR leaders, mobility managers, and internationally mobile employees, because the broader and more inclusive industry classifications expand potential access to Thailand’s Long‑Term Resident Visa program. As a result, a wider range of companies and professionals may now fall within the scope of the highly skilled professional category, which could affect eligibility assessments for long‑term residence and related tax incentives.

For organizations, the change may have implications for workforce planning, talent attraction, and assignment structuring, as well as for evaluating potential tax costs, gross‑up exposure, and administrative processes associated with deploying or retaining foreign professionals in Thailand.

KPMG INSIGHTS

This revision appears to align with the Thai government’s strategic objective of attracting a larger number of skilled expatriates from overseas. Not only does the qualified individual save significant tax cost through the preferential 17 percent flat rate, but the employer can also save tax costs through the significant gross up reduction.

To benefit from the clear tax and cost advantages, companies operating within, or closely aligned to, the revised industry categories may wish to consider the LTR Visa as part of their workforce and tax management strategy.

If assignees and/or their program managers have any questions or concerns about the scope of the update, its application and potential impacts, and appropriate next steps, they should consult with their qualified immigration professional or a member of the GMS immigration team with KPMG in Thailand (see the Contacts section).