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What is LTR Visa?

Thailand is introducing a new visa called “Long-Term Resident (LTR) Visa” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for ‘high-potential’ individuals. Today, Thailand is already home to multinational corporations from all over the world and one of the most important tourist destinations in Asia.

Thailand presents itself as a very attractive location for “work from anywhere” professionals. This new visa program is expected to attract new foreign residents, technologies and talents contributing to domestic spending and investment while supporting economic growth. The Thai government has set the target of attracting one million wealthy or talented foreign residents into the country over the next five years.

Total LTR Visas issued since September 2022

Years of residency pathway with a suite of exclusive privileges.

17%

Personal income tax for Highly-skilled professionals

Your Privileges as an LTR Visa Holder

The Long-Term Resident (LTR) Visa offers a wide range of exclusive benefits designed to support a smooth and secure transition to life in Thailand. From extended residency and work authorization to tax advantages and streamlined immigration services, the LTR Visa provides a comprehensive solution for global professionals, investors, retirees, and their families, offering long-term stability and flexible living options.

1. 10-Year Renewable Visa

10* years renewable visa Permission will be granted to stay in Thailand the first time for five years which can be extended for 5 more years if qualifications are met.

2. Ratio Exemption

Exemption from 4 Thais to 1 foreigner employment requirement ratio

3. Fast Track Service

Fast Track Service at International Airports in Thailand

4. 1-Year Report

90-day report extended to 1-year report and exemption of re-entry permit

5. Multiple Entry Permit

Multiple re-entry permit

6. Digital Work Permit

Permission to work in Thailand (Digital Work permit)

7. Only 17% Personal Income Tax

17% Personal income tax for Highly-skilled professionals

8. Overseas Tax Exemption

Tax exemption for overseas income

9. One Stop Service

Immigration and work permit facilitation services at One Stop Service Center for Visa and Work Permit

1 of 9

Professionals or experts in targeted industries working for business entities or higher education institutes or research centers or specialized training institutions in Thailand or Thai government agencies

Minimum average personal income of USD 80,000 / year in the past two years Applicants who are working for Thai government agencies are exempt from minimum personal

In the case that average personal income is lower than USD 80,000 but not lower than USD 40,000, the applicant must show additional documents as proof of qualification, i.e. a certificate for master’s degree or higher in sciences and technology

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 BOI

Insured under a health insurance covering a minimum of USD 50,000 OR currently receiving social security benefits in Thailand OR deposit and maintain at least USD 100,000 in bank account balance under the applicant’s name for no less than 12 months

Remote workers working for well-established overseas companies

Minimum average personal income of USD 80,000 / year in the past two years.

Have an employment contract with (1) public company listed on a stock exchange or (2) a private company with at least 3 years of operation and combined revenue of USD 50 million in the last 3 years or (3) a wholly owned subsidiary of a public company listed on a stock exchange or a wholly owned subsidiary that holds 100% of the shares of a private company with at least 3 years of operation and a combined revenue of USD 50 million in the last 3 years.

Wealthy individuals holding at least USD 1 million in assets

Combined investment in Thai government bonds OR direct investment in companies registered in Thailand OR Thai property of at least USD 500,000.

Owning at least USD 1 million in assets under the applicant’s name.

Insured under a health insurance covering a minimum of USD 50,000 OR receiving social security benefits in Thailand OR deposit and maintain at least USD 100,000 in bank account balance under the applicant’s name during the past 12 months.

Retirees aged 50 years and older who have an annual pension or stable passive income

Minimum unearned or passive income* of USD 80,000 / year at the time of application (Note that earned income and salaries WILL NOT be considered for the personal income requirement for wealthy pensioners)

In the case that unearned or passive income is lower than USD 80,000 but not lower than USD 40000, the applicant is required to make additional investments of USD 250,000 combined in Thai government bonds OR direct investment in companies registered in Thailand OR Thai property

unearned or passive income includes, but are not limited to pension, rental, realized capital gain, dividend, and interest payments

Spouse and children under 20 years old of LTR visa holders
(Maximum 4 dependents in total per one LTR visa holder)

Insured under a health insurance covering a minimum of USD 50,000 OR currently receiving social security benefits in Thailand OR deposit and maintain at least USD 25,000 per one dependent in bank account balance under the applicant or the dependent’s name for no less than 12 months.

Dependents must be legal spouse or children of one LTR visa holder. (Note that same-sex marriage and partnerships are currently not recognized by law in the kingdom of Thailand)

Consent form for sponsorship of a dependent to confirm the relationship as the family unit with the main LTR applicant.

Children will be granted dependents’ visa until 20 years of age.