Thailand Long-Term Resident Visa
Thailand Long-Term Residence Visa is a program that grants you the right to stay in Thailand for 10 years. The 10-years visa is divided into two 5-years terms. Applicants will be granted the initial permission to stay in the country for 5 years which can be extended for 5 more years. The total length of stay shall not exceed 10 years.
Thailand Long-Term Resident Visa Benefits
Residency and Family Inclusion
- 10 years’ visa permission to stay in Thailand granted first for 5 years renewable once for 5 more years if qualifications are met.
- Immigration and work permit facilitation services at One Stop Service Center for visa and work permit.
Travel and Quality of Life
- Fast track Service at International airports in Thailand.
- No 90 days’ report obligation (replaced by 1 year report).
- Multiple re-entry permit included.
- Permission to work in Thailand.
Ease of Access
- Exemption from 4 Thais to 1 foreigner employment requirement ratio.
- 17% Personal income tax for Highly-skilled professionals.
- Tax exemption for overseas income.
Thailand Long-Term Resident Visa Requirements
LTR Visa is offered to the five following categories:
Wealthy Global Citizens
- Holding at least USD 1 million in assets.
- Investment: min. USD 500,000.
Wealthy Pensioners
- Applicants must be retired and be over 50 years old.
- Personal passive income: min. USD 80,000/year.
- If personal income is between USD 40,000/year and USD 80,000/year, applicants must invest min. USD 250,000 in Thailand.
Work-From-Thailand Professionals
- Personal income: min. USD 80,000/year in the past 2 years.
- If personal income is between USD 40,000-80,000/year in the past 2 years, applicants must have a Master’s degree or own intellectual property or receive Series A funding.
- Company in operation for at least 3 years with combined revenue of min. USD 50 million in the last 3 years (a wholly owned subsidiary may use its parent company’s financials)
Highly-Skilled Professionals
- Personal income: USD 80,000/year in the past 2 years.
- If personal income is between USD 40,000/year and USD 80,000/year in the past 2 years or before retirement, applicants must have a Master’s degree in science and technology or special expertise, or academic professor’s degree across all fields
- Employment: with a domestic or foreign enterprise with assignment to work in Thailand, or employment with higher education, research, specialized training, or Thai government agency.
*For categories 1, 2, 3, and 4: Health insurance: min. USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit.
Dependents
- Spouse and children under 20 years old.
- Parents and legal dependents.
- No limitations on the number of depdents
- Health insurance: min. USD 50,000 coverage or social security benefits insuring treatment in Thailand or min. USD 25,000 deposit
Thailand Long-Term Resident Visa Process
Due Diligence And Application
- Submit the application online.
- Result notification within 20 business days.
Approval And Investment
- LTR Visa application within 60 days from the issuance date of the endorsement letter.
- Processing fee of 50,000 Baht per person.
Residency
Receives the Thailand Long-term Resident (LTR) Visa.
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Thailand Long-Term Residence Visa – Frequently Asked Questions
What is the Thailand Long-Term Residence (LTR) Visa?
The Thailand Long-Term Residence (LTR) Visa is a 10-year residency visa split into two consecutive 5-year terms. Applicants are initially granted permission to stay for 5 years, which can be extended for a further 5 years if the eligibility criteria are still met. The total stay cannot exceed 10 years under this programme.
What are the five categories of the Thailand LTR Visa?
The Thailand LTR Visa is available under five categories: Category 1 – Wealthy Global Citizens (LTR-W), Category 2 – Wealthy Pensioners (LTR-P), Category 3 – Work-From-Thailand Professionals (LTR-T), Category 4 – Highly-Skilled Professionals (LTR-H), and Category 5 – Dependents (LTR-O).
What are the requirements for Wealthy Global Citizens (LTR-W)?
Wealthy Global Citizens must hold at least USD 1 million in assets and invest a minimum of USD 500,000 in Thai government bonds, foreign direct investment, or Thai property. Health insurance with at least USD 50,000 coverage is required, or social security benefits covering treatment in Thailand, or a minimum USD 100,000 deposit.
What are the requirements for Wealthy Pensioners (LTR-P)?
Applicants must be retired and aged 50 or over with a personal passive income of at least USD 80,000 per year. Those with income between USD 40,000 and USD 80,000 per year must additionally invest at least USD 250,000 in Thai government bonds, foreign direct investment, or Thai property. Health insurance with at least USD 50,000 coverage or a USD 100,000 deposit is also required.
What are the requirements for Work-From-Thailand Professionals (LTR-T)?
Applicants must earn at least USD 80,000 per year over the past two years and be employed under contract by a public listed company or a private company operating for at least 3 years with combined revenue of at least USD 50 million over the last 3 years. Those earning between USD 40,000 and USD 80,000 per year must demonstrate additional qualifications such as a Master's degree, ownership of intellectual property, or Series A funding. Health insurance of at least USD 50,000 or a USD 100,000 bank deposit held for 12 months is required.
What are the requirements for Highly-Skilled Professionals (LTR-H)?
Highly-Skilled Professionals must earn at least USD 80,000 per year over the past two years and be employed by a Thai or foreign company operating in a Thailand Board of Investment targeted industry, or provide proof of expertise in a BOI-specified field. Those earning between USD 40,000 and USD 80,000 per year must hold a Master's degree or higher in science and technology, or an academic professor's degree. Applicants working for Thai government agencies are exempt from the minimum income requirement. Health insurance of at least USD 50,000 or a USD 100,000 bank deposit is required.
Who qualifies as a dependent under the Thailand LTR Visa?
There is no limit on the number of dependents. Eligible dependents include a legally married spouse (common law marriages are not accepted), children under 20 years old, parents, and other legal dependents. Each dependent must have health insurance with at least USD 50,000 coverage, or social security benefits covering treatment in Thailand, or a minimum USD 25,000 deposit per dependent held for at least 12 months.
What are the key benefits of holding a Thailand LTR Visa?
LTR Visa holders benefit from fast-track service at Thai international airports, annual immigration reporting instead of every 90 days, a multiple re-entry permit included with the visa, permission to work in Thailand via a Digital Work Permit, a reduced personal income tax rate of 17% for Highly-Skilled Professionals, and a full tax exemption on overseas income. The visa also exempts the holder's employer from the standard 4 Thai nationals to 1 foreigner employment ratio.
What tax benefits does the Thailand LTR Visa offer?
Highly-Skilled Professional LTR Visa holders are eligible for a flat 17% personal income tax rate on Thai-sourced income. All LTR Visa holders benefit from a full tax exemption on overseas income remitted to Thailand, regardless of the category under which the visa was granted.
How long does the Thailand LTR Visa application process take?
After online submission, the Thailand LTR Visa Unit notifies applicants of the qualification result within 20 business days. Following approval, applicants have 60 days from the issuance of the endorsement letter to apply for the actual LTR Visa. The full process from submission to visa issuance typically takes between 20 and 60 days. A processing fee of THB 50,000 per person applies.
Do LTR Visa holders need to report to immigration every 90 days?
No. The standard 90-day reporting obligation does not apply to LTR Visa holders. Instead, holders who remain in Thailand continuously for one year without leaving the country must submit an annual report to an immigration officer. No re-entry permit application is required as a multiple re-entry permit is included with the visa.