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LTR VISA

The Long-Term Resident (LTR) visa is a 10-year visa designed to attract high-potential foreigners who wish to reside in Thailand long term.  Thailand, a leading economy in ASEAN, aims to bolster its standing and stimulate overseas investment and economic development by attracting these individuals.  The LTR visa allows holders to live and legally work in Thailand for up to ten years and provides numerous benefits, including access to healthcare, education, tax incentives, and the ability to open a bank account.

Benefits of the LTR Visa

To support international business expansion and investment, the Board of Investment (BOI) offers a comprehensive range of services to meet the diverse needs of investors.

  • Provides up to 10 years of uninterrupted stay in Thailand
  • Provides a 5-year multiple-entry visa that’s renewable up to a maximum of 10 years
  • Free access to immigration fast-tracking services upon arrival at Thai international airports
  • Report to Thai Immigration once a year (rather than the default 90-day reporting process that other visa holders are required to undergo)
  • Tax exemption on foreign-sourced income*
  • Holders of an LTR Visa in the Highly-Skilled Professionals category benefit from a flat income tax rate of 17%
  • Facilitated work permit and immigration services at the One Stop Service Center
  • The opportunity to legally work in Thailand for a Thai company
  • Not considered as a foreigner under the employee quota regulations.

Tax exemption is in effect as soon as the visa is issued. It also doesn’t matter when the income is earned

What are the Thailand LTR Visa Categories

The Thailand LTR Visa is offered to four categories of foreign individuals:

  • Wealthy Global Citizens
  • Wealthy Pensioners
  • Work-From-Thailand Professionals
  • Highly-Skilled Professionals

Thailand LTR Visa holders may also bring up to 4 family members; their legal spouse and children under the age of 20. Spouses and dependents will qualify for the same visa category as the LTR Visa holder.

How to Qualify for the LTR Visa Thailand

  1. Thai LTR Visa for Wealthy Global Citizens

For wealthy individuals holding at least USD 1 million in assets.

  • Assets of a minimum of USD 1 million are required for the wealthy global citizens category
  • An annual income of at least USD 80,000 for the past two years.
  • Minimum investment in Thailand of USD 500,000; This could be Thai government bonds, company shares, real estate, or any combination.

2. Thai LTR Visa for Wealthy Pensioners

For persons aged 50 years or older who have an annual pension or stable passive income.

  • Passive income of at least USD 80,000 for the past 12 months at the time of application.
  • Applicants with a personal income ranging between USD 40,000 and USD 80,000 a year may also be eligible, granted they have a minimum investment of USD 250,000 in Thai government bonds, foreign direct investment, Thai property, or any combination. Therefore, meeting the income requirement alone is not sufficient for this income range; the investment is also necessary to qualify.
  • Income from employment will not be considered under this category. However, you may use social security benefits to help meet the personal income requirements.

3.Thai LTR Visa for Work-From-Thailand Professionals

For remote workers of well-established overseas companies.

  • An annual income of at least USD 80,000 for the past two years.
  • Applicants with an annual income ranging between USD 40,000 and USD 80,000 may also be eligible if they have a Master’s degree or above, own intellectual property, or have received Series A funding.
  • Current employer must be a Public company listed on a stock exchange or a Private company that has been in operation for a minimum of three years with a combined revenue of at least USD 150 million in the past three years.
  • Non-profit organizations and Government entities are not considered.
  • The applicant must have at least 5 years of experience in the relevant fields of their current employment over the past 10 years.

4.Thai LTR Visa for Highly-Skilled Professionals

For professionals or experts in targeted industries working for Business entities, institutions, and government agencies in Thailand.

  • Must already be holding a valid Non-Immigrant “B” Visa and Work Permit.
  • An annual income of at least USD 80,000 for the past two years.
  • Applicants with an annual income ranging between USD 40,000 and USD 80,000 may also be eligible if they have a Master’s degree or above in science and technology or special expertise relevant to the job assignment in Thailand.
  • There are no minimum income requirements for applicants who intend to work in government higher educational institutions, research centers, specialized training centers or government agencies.
  • Business must be in one of the targeted industries.
  • The applicant must have at least 5 years of experience in the targeted industries or have a PhD in relevant fields or work for a Thai government agency.

LTR Visa Fee

The Visa fee is THB 50,000* for a 10-year visa. This fee is paid directly to immigration on the day of issuance or when applying for an e-Visa.

This visa fee ensures that you have access to all the benefits and services associated with the LTR Visa, including immigration fast-tracking, tax incentives, and facilitated work permit services. If you are applying with dependents, the fee also covers their visa processing, providing a comprehensive package for your long-term stay in Thailand.

* If applying for an e-Visa this fee will be dependent on which Royal Thai Embassy/Consulate the visa is applied to.