Thailand has always been a popular choice for foreigners seeking a new place to call home and for good reason. With its rich culture, abundant natural resources, and breathtaking landscapes, Thailand offers a livable and investable environment that is simply irresistible. Here are five compelling reasons why Thailand should be on your radar:

Retirement paradise

Ranked among the top retirement destinations in the world, Thailand is a haven for retirees. In fact, it claimed the prestigious title of Asia’s number one retirement spot and ranked ninth globally in “The World’s Best Places to Retire in 2023” by International Living. Boasting a low cost of living and a high quality of life, Thailand provides a welcoming atmosphere for retirees. Accessible healthcare, including hospitals with English-speaking doctors and alternative wellness practices like traditional Thai massages, ensures a healthy and enjoyable retirement experience.

Quality living

Thailand, known as the “Land of Smiles,” offers a warm and friendly environment that makes everyday living a pleasure. The country’s efficient public transportation systems connect bustling financial districts with vibrant shopping malls, enticing restaurants, and exciting entertainment venues. Whether you prefer the energy of the city or the tranquility of the countryside, Thailand provides a variety of living options to suit any lifestyle.

Culinary delights

Thai cuisine is renowned worldwide for its explosion of flavors, vibrant colors, and tantalizing aromas. From delicious street food to fine dining establishments, Thailand offers a diverse range of culinary experiences to satisfy every palate. With affordable prices and a multitude of dining options, indulging in Thai cuisine becomes a daily delight. Additionally, international food and fast-food chains are readily available, catering to a wide range of preferences.

Enchanting tourism and rich culture

Thailand’s breathtaking landscapes and captivating tourist attractions are second to none. Whether you’re exploring the lush mountains and cascading waterfalls in the north or basking in the sun on the pristine beaches of the south, Thailand offers an array of natural wonders to discover. In fact, the renowned World Best Guide has crowned Koh Kradan, a Thai island, as the best beach in the world for 2023. Furthermore, Thailand’s cultural heritage remains unadulterated by colonial influences, allowing visitors and residents alike to immerse themselves in the authentic Thai way of life.

Thriving economy and investment opportunities

In the wake of the global Covid-19 crisis, Thailand is actively reviving its economy, presenting attractive opportunities for investment, work, and living. The Long-Term Resident Visa (LTR Visa) program, initiated by the Board of Investment (BOI), offers flexible criteria to entice high-potential foreigners to contribute to Thailand’s growth. Foreign investors and specialists in industries facing labor shortages, such as automotive, digital, robotics, healthcare, and tourism, are welcomed with open arms. This influx of talent not only boosts Thailand’s economy but also positions the country as a hub for innovation and technology, particularly in the digital sector.

Thailand’s allure as a livable and investable destination for foreigners stems from its exceptional qualities. Whether you seek a peaceful retirement, a vibrant lifestyle, a culinary adventure, or simply a place to invest and work, Thailand offers an irresistible combination of charm, opportunity, and natural beauty that is sure to captivate any visitor or resident.

Long-Term Resident visa

If you find Thailand attractive to live, the Long-Term Resident Visa (LTR Visa) may be a good option for you to consider. The LTR Visa is a groundbreaking initiative designed to attract specific groups of individuals, offering them a host of tax and non-tax benefits, along with other privileges. Targeting Wealthy Global Citizens, Wealthy Pensioners, Work-From-Thailand Professionals, and Highly Skilled Professionals, this visa program aims to bolster Thailand’s resident population and stimulate increased investment from these key demographics. By attracting these individuals, Thailand’s economy stands to benefit significantly, with a surge in investment generating substantial revenue for the country.

Nuttaporn Chanchokpong is Digital Storyteller at True Digital Park, Southeast Asia’s largest tech and startup hub.

TechNode Global INSIDER publishes contributions relevant to entrepreneurship and innovation. You may submit your own original or published contributions subject to editorial discretion.

ORIGIN Conference: Navigating the Evolving Landscape of Investment and M&A in Southeast Asia