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    THE 10 BEST PLACES TO RETIRE IN 2024

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      Invest In Thailand

      Foreign Direct Investment has played a huge role in Thailand's economic growth in the last decade. Find out why you should invest in Thailand.

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          Investing in Thailand

          Lumpini park and Bangkok city central business downtown at twilight. invest in thailand

          Thailand is an important investment destination. Foreign Direct Investment has played a huge role in Thailand’s economic growth in the last decade, as it was one of the best performers.

          More than a beach and retirement destination, Thailand is an export hub with an impressive stock performance.

          FDI to Thailand  tripled in 2015, up to 10.8 billion dollars. 2016 exceeded expectations as it again landed 10.3 billion for that year, cementing Thailand as the main player for exports.

          During 2023, Thailand reached $2.96 billion from Foreign Direct Investments. This mainly driven by private consumption and the tourism industry.

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          Reviewed By Kathleen Peddicord

          Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            Table Of Contents

            Why Should You Consider Thailand For Investment?

            It is a Naturally Rich Country

            It’s full of natural resources like oil, sugar, coconut, gas, and other mineral and agricultural products. 

            Making use of these natural assets, the country has focused on exporting. Thailand is the world’s largest exporter of rice and a main producer of shrimp. 

            Exports are so strong, they make for the 60% of the country’s GDP.

            The other remaining percentage goes in large part to the service economy. 

            For instance, Thailand has developed many infrastructure projects that have stimulated the economy. Banking, finance, and tourism are responsible for almost half of the GDP.

            A Capable Work Pool

            This surge in services is also boosted by a skilled workforce, especially for these and other sectors. 

            The Thai workforce is well trained and skilled, while still perceiving lower wages than in more developed countries.

            Invest In Thailand Because It’s A Strategic Location

            A strategic location in Asia, as the country serves as an entryway between southeast Asia and the upper Mekong Basin.

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              A Supporting Government

              The political turmoil of recent years hurt business confidence and direct investment, but the new leader wants to prove otherwise. General Prayut Chan-o-cha, the new self-instituted Prime Minister, has worked to lure investors back.

              The Prime Minister has instated a government policy promoting investment and free trade. This led to the creation of many government agencies to help investors spend their money in Thailand. Also, the regime is in total accordance with WTO regulations. This means no export conditions, no restrictions in the manufacturing sector, and no local requirements.

              The country has signed 41 bilateral investment treaties for the protection of Thailand’s foreign investments.

              Where to Invest in Thailand

              The Thai Board of Investment (BOI) offers many incentives for investors. These include advantages like six industrial sectors and eight years of tax exemption for companies. 

              Transport, electricity and re-supply deductions; and even 25% reliefs for establishment and construction costs.

              The sectors included are:

              Farmer and buffalo in rice field Thailand Por Chanwit

              Apart from the sectors mentioned beforehand, the BOI released a new list of Investment Policies. 

              The Deputy Prime Minister approved many more incentives for foreign investors, in response to a slowdown in 2016. These include:

              Fiscal

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                Industrial

                Many other and specified advantages can be found on the official site of Thailand’s   Ministry of Finance.

                Kathleen

                Reviewed By Kathleen Peddicord

                Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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                And Deal Available Now!
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                  Table Of Contents

                  Investing In Thailand- FAQs

                  Be The First To Ask About Investing In Thailand

                  Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

                  Portugal is known for Fado music and also for being the largest cork producer in the world.

                  Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

                  Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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