Thailand Long-Term Residence 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 Residence 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 Residence 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 Residence 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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Frequently Asked Questions
What is the Thai long-term resident (LTR) visa?
Thailand’s Long-Term Resident (LTR) Visa allows a 10-year stay, split into two 5-year periods, with an extension available after the first term.
How many categories for Thailand LTR visa?
5 categories:
- LTR Category 1: Wealthy Global Citizens (LTR-W)
- LTR Category 2: Wealthy Pensioners (LTR-P)
- LTR Category 3: Work-from-Thailand Professionals (LTR-T)
- LTR Category 4: High-Skilled Professionals (LTR-H)
- LTR Category 5: Dependents (LTR-O)
Who is eligible to apply for the Thailand LTR visa?
Eligibility for the Thailand LTR Visa includes Wealthy Global Citizens, Wealthy Pensioners, Work-From-Thailand Professionals, Highly-Skilled Professionals, and their legal spouses and dependents.
What are requirements for wealthy global citizens category?
- At least USD 1 million in assets.
- Invesment of at least USD 500,000 in Thai government bonds, foreign direct investment, or Thai property
- Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,00 deposit
What are requirements for wealthy pensioners category?
- Retirees aged 50 years old and older who have an annual pension or stable passive income
- Personal income of at least USD 80,000/year at the time of application
- In case of personal income from USD 40,000/year to USD 80,000/year, applicants must 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 social security benefits insuring treatment in Thailand or at least USD 100,00 deposit
What are requirements for work-from-Thailand professional category?
- Income at least USD 80,000/year in the past two years
- In case of personal income from USD 40,000/year to USD 80,000/year, applicant must show additional documents as proof of qualification, i.e a master degree or higher, own intellectual property
- Have an employment contract with a public company listed on stock exchange or a private company that is operating for at least 3 years, with a minimum combined revenue of USD 50 million for the last 3 years and inclusion of wholly owned subsidiaries.
- Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,00 deposit in bank account balance under the applicant’s name for no less than 12 months
What are requirements for the high-skilled professionals category?
- Income at least USD 80,000/year in the past two years
- Applicants who are working for Thai government agencies are exempt from minimum personal income requirements for this visa category
- In case of personal income from USD 40,000/year to USD 80,000/year, applicant must show additional documents as proof of qualification, i.e a master degree or higher in science and technology or academic professor’s degree across all fields
- Employed by contract in either Thai or foreign company whose activities fall under the scope of the targeted industries OR the applicant must provide proof of expertise in the fields specified by Thailand Board of Investment
- Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,00 deposit in bank account balance under the applicant’s name for no less than 12 months
What are requirements for dependents?
- No limitation on the number of dependents
- Spouse must be legally married (no common law marriage)
- Parents
- Allow for children under 20 years old
- Legal dependents
- Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or maintain at least USD 25,000 deposit per one dependent in bank account balance under the applicant or the dependent’s name for no less than 12 months.
Is there any age limit to apply?
Applicants of any age can apply for the Thailand LTR Visa, except for Wealthy Pensioners who must be over 50 years old.
What medical requirements must applicants meet for the Thailand LTR visa?
There are no medical requirements for applicants of the Thailand LTR Visa.
What are the benefits of holding a Thailand LTR visa?
Benefits of the Thailand LTR Visa include:
- Fast track service at airports.
- Annual reporting instead of every 90 days.
- Multiple re-entry permit.
- Work permission in Thailand (Digital Work Permit)
- Reduced personal income tax rate of 17% for Highly-Skilled Professionals.
- Tax exemption on foreign income.
What tax benefits are associated with the Thailand LTR visa?
Tax benefits for Thailand Long-Term Residence Visa holders include a 17% personal income tax rate for Highly-Skilled Professionals and tax exemption on overseas income.
Is there a minimum personal income requirement to apply for the Thailand LTR resident visa?
Minimum personal income requirements for Thailand LTR Visa vary by category, generally USD 80,000 per year, with specific conditions based on professional status.
What are the steps involved in the application process for the Thailand LTR visa?
The application process for the Thailand LTR Visa involves online registration, document submission, and a notification of results within 20 working days, followed by visa issuance at Thai diplomatic offices.
As a Thailand LTR visa holder, do i have to report to the immigration during my stay/residence in Thailand?
With this visa, no need to do the 90 days’ report and no need to apply for the re-entry permit.
However, the LTR visa holder must do annual report at Immigration Officer if he/she has stayed for a continuous year in Thailand without exiting the country.
Can a Thailand LTR visa holder open a bank account in Thailand?
The LTR visa holder can open a bank account in Thailand with two banks: Bangkok Bank and Kasikorn Bank.
What are the general application processing steps?
Required documents:
- Personal documents: scanned current passport (no less than 6 months of validity) with at least 2 blank pages, clear passport size photograph on white background, proof of health insurance
The following documents are required depending on which category that the applicants apply for:
- Proof of income
- Proof of employment
- Proof of investment
Procedure:
- Background check;
- Providing documents;
- Application Submission;
- Qualification Approved;
- Document Review for Visa/WP issuance;
- Immigration / Department of Employment pre-approve for visa/WP issuance;
- Making an appointment to affix LTR visa.
How long will it take to process the application?
Upon submission of the application and additional requested documents with LTR Visa Unit, it takes about 20-60 days.