Strategically located in the heart of Asia, Thailand serves as a dynamic gateway to a fastest growing economic market. Thailand’s growing economy, world-class infrastructure, large percentage of young workforce and strong support by the government toward tourism and outside foreign investments makes Thailand one of the top destinations for investors from around the World.

There are many reasons why Thailand is an intelligent choice for the investor. Below are just a few.

  • Thailand has quality international schools, an excellent health care system and friendly cooperative people.

  • Thailand boasts the largest growth market in Asia.

  • Thailand has recently attracted a great deal of foreign investment. It is one of the Asian economic leaders and is one of the fastest-growing economies in the area.

  • Thailand is one of the least expensive places to fly to in Asia.

  • The country has strong business ties with China and has an excellent infrastructure as well as world-class facilities in many resort towns.

  • Property is far cheaper in Thailand than other countries and an increase in overseas interest in property purchase has helped to create an economic recovery in Thailand.

  • Rental potential is great, due to increased government spending luring growing numbers of tourists.

  • No capital gains tax for private investors, and low ongoing taxes.

  • Today foreigners are regarded by the government as a big investment opportunity in Thailand.

Gateway to Asia

Thailand enjoys a strategic location at the heart of Asia home to what is regarded today as the largest growing economic market. Thailand serves as a gateway to Southeast Asia and the Greater Mekong sub-region, where newly emerging markets offer great business potential. From Thailand, it is convenient to trade with China, India and the countries of the Association of Southeast Asian Nations (ASEAN), which has a cumulative population of more than 500 million. Read More

Hub of ASEAN

Thiland was one of the founding members of ASEAN and has been instrumental to the formation and development of the ASEAN Free Trade Area (AFTA). As a member of ASEAN, Thailand has forged closer economic cooperation with ASEAN member nations, and Thai manufactured products and services have access to the markets of ASEAN, which includes all 10 ASEAN countries. ASEAN is home to more than half a billion people, GDP in excess of US$700 billion and intra-ASEAN trade of more than US$1 trillion per year.  Read More

Growing economy

Economically, this country of 64 million people is characterized by steady growth. Abundant natural resources and a skilled and cost-effective work force helps attract foreign investment, enables them to prosper and help develop industry in Thailand.  Read More

 Modern infrastructure

Thailand has good infrastructure for foreign investors. Improved and modernized transportation facilities, as well as upgraded communications and IT networks, ensure optimum business and living conditions. State-of-the-art industrial estates boast sophisticated facilities and superior services.  Read More

FDI policies

The country’s well-defined investment policies focus on liberalization and encourage free trade. Foreign investments, especially those that contribute to the development of skills, technology and innovation are actively promoted by the government. Thailand consistently ranks among the most attractive investment locations in international surveys, and a 2006 World Bank report indicated that Thailand was the 4th easiest country in Asia in which to do business, and the 20th easiest in the world. Read More

Government support and incentives

Numerous government agencies support investors. Through the Board of Investment, the government offers a range of tax incentives, support services and import duty concessions available to an extensive list of businesses that are regarded as priority or promoted activities.

Through the Board of Investment, there are no foreign equity restrictions in the manufacturing sector, no local content requirements, and no export requirements, as Thailand’s investment regime is in total compliance with WTO regulations.

The Board of Investment also coordinates the activity of the One-Stop Service Center for Visas and Work Permits, which enables foreign staff of BOI-promoted companies to obtain work permits and long-term visas within 3 hours or less.

Other government organizations, like the Department of Export Promotion, and international chambers of commerce, provide invaluable support and a host of other important services. Read More

Long established and newly emerging industries

With strong economic development and strong support industries, the country’s industrial production has grown and diversified rapidly both in the long established and newly emerging industries.

The government has placed emphasized on attracting investment in 6 key sectors that have been determined as key to the country’s developmental objectives. These six target industries include: agriculture and agro-industry, alternative energy, automotive, electronics and ICT, fashion, and value-added services including entertainment, healthcare and tourism. Read More

Friendly and rich culture

Thailand has gained a well-known reputation throughout the world for its gracious hospitality. The friendliness of its people and the diverse nature of Thai culture make visitors feel at home in Thailand. Read More

Education and healthcare services

Thailand ‘s educational standards are accepted by many international examining bodies, while its universities are outstanding in many fields. A great number of international schools and colleges offer world-class education.

In terms of healthcare, the country has developed a good reputation globally, due to its internationally qualified doctors and medical staff, and modern facilities and equipment. It is so good that one of the fastest-rising tourism sectors is medical tourism, with international patients visiting Thailand to take advantage of Thailand’s world-class and extremely affordable health care system.  Read More

BOI Policies

The previous investment promotion policies, though successful, have been implemented for a long period of time. The financial crisis in the middle of 1997 affected the Thai economy. As a result, tax collection was below target and public debts increased drastically affecting the fiscal position of the government. Moreover, the global economic climate and investment environment have undergone change. Therefore, the Board of Investment deems it appropriate to adjust Thai investment promotion policies and criteria for granting tax privileges in order to respond to the current and future economic and investment situation.  Read More