Introduction: LTR Visa Thailand
Thailand’s Long-Term Resident (LTR) Visa is a game-changer for foreign nationals looking to reside in the country for an extended period. Designed to attract global talent, retirees, high-income individuals, and skilled professionals, this visa offers numerous benefits, including simplified immigration procedures, tax incentives, and long-term residency for both primary applicants and their dependents.
Purpose of Visit
The LTR Visa is divided into five categories tailored to different lifestyles and professional needs:
Wealthy Global Citizens
For high-net-worth individuals looking to reside in Thailand without engaging in employment. Purpose is to enjoy a luxurious lifestyle supported by passive income or investments.
Wealthy Pensioners
For retirees aged 50+ who want to spend their golden years in Thailand.Purpose: Retirement in a tropical paradise supported by pensions and investments.
Work-from-Thailand Professionals
For remote workers employed by international companies. Purpose: Work remotely while enjoying Thailand’s lifestyle and cost of living.
Highly-Skilled Professionals
For experts in targeted industries contributing to Thailand’s economic and technological growth. Purpose: High-level employment in Thai institutions or sectors.
Spouses and Dependents
For family members of primary LTR Visa holders.Purpose: Reside in Thailand and enjoy similar privileges as the main visa holder.
Documents Needed
General Requirements for All Applicants
- Passport with at least six months validity.
- Health insurance with a minimum coverage of $50,000 (or $25,000 for dependents).
- Proof of financial stability (income, savings, or investments).
Specific Documents by Category
Wealthy Global Citizens
- Proof of assets worth $1 million.
- Income proof of $80,000 annually during the period of 2 years prior to the application date.
- Investment proof of $500,000 in Thai bonds, property, or FDI.
- Proof of annual passive income of $80,000 or $40,000 with an investment of $250,000.
- Health insurance or proof of $100,000 in savings.
- Employment contract with a company generating $150 million annual revenue.
- Proof of work experience in targeted industries.
- Annual income proof of $80,000 or $40,000 with additional qualifications.
- Employment contract with a Thai company or institution.
- Proof of qualifications (Master’s/PhD or specialized expertise).
- Income proof of $80,000 or $40,000 with advanced degrees.
- Proof of relationship (marriage certificate, birth/adoption certificates).
- Health insurance covering $25,000.
- Passport with at least six months validity.
- Health insurance with a minimum coverage of $50,000 (or $25,000 for dependents).
- Proof of financial stability (income, savings, or investments).
- Proof of assets worth $1 million.
- Income proof of $80,000 annually during the two years prior to the application date.
- Investment proof of $500,000 in Thai bonds, property, or FDI
- Proof of annual passive income of $80,000, or $40,000 with an additional investment of $250,000.
- Health insurance with minimum coverage of $50,000 or proof of $100,000 in savings.
- Employment contract with a company generating $150 million in annual revenue.
- Proof of work experience in targeted industries.
- Annual income proof of $80,000 or $40,000 with additional qualifications.
- Employment contract with a Thai company or institution.
- Proof of qualifications (Master’s/PhD or specialized expertise).
- Income proof of $80,000 or $40,000 with advanced degrees.
- Proof of relationship (marriage certificate, birth/adoption certificates).
- Health insurance with minimum coverage of $25,000.
- The LTR Visa is valid for 10 years, renewable for another 10 years.
- It is a multiple-entry visa, allowing unlimited travel in and out of Thailand.
- Dependents (spouse and children under 20) are eligible for the same visa duration as the primary holder.
Wealthy Pensioners (Retirees)
Work-from-Thailand Professionals
Highly-Skilled Professionals
Spouses and Dependents
Documents Needed
General Requirements for All Applicants
Specific Documents by Category
Wealthy Global Citizens
Affluent individuals with significant wealth who seek to enjoy a high-quality lifestyle in Thailand without engaging in employment. It offers long-term residence benefits for those whose income stems from global investments or assets.
- Documents Needed:
Wealthy Pensioners (Retirees)
Designed for retirees aged 50+ who wish to spend their golden years in Thailand, this category enables them to enjoy a relaxed lifestyle with financial security from pensions or passive income.
- Documents Needed:
Work-from-Thailand Professionals
Tailored for remote workers employed by international companies, this category allows professionals to work remotely from Thailand while benefiting from the country’s appealing cost of living and lifestyle.
- Documents Needed:
Highly-Skilled Professionals
This stream targets individuals with specialized expertise in industries that contribute to Thailand’s economic growth and technological advancement. It is ideal for professionals in fields such as science, engineering, IT, and healthcare.
- Documents Needed:
Spouses and Dependents
Allows family members of the primary LTR Visa holder to reside in Thailand and enjoy similar privileges, fostering family unity and convenience.
- Documents Needed:
Visa Validity
FAQ (Frequently Asked Questions)
Can I Apply for the LTR Visa While in Thailand?
▼Yes, you can convert your current visa to the LTR Visa if you meet the eligibility requirements.
How Long Does the LTR Visa Process Take?
▼Typically, 4-8 weeks, though delays may occur if additional documents are requested.
Can LTR Visa Holders Work or Sponsor Dependents?
▼Work Eligibility depends on the stream (e.g., Highly-Skilled Professionals can apply for a work permit).
Dependents: The primary visa holder can sponsor up to four dependents, including a legal spouse and children under 20 years old .
Do I Need Health Insurance for the LTR Visa?
▼Yes, with a minimum coverage of $50,000, or proof of $100,000 in savings maintained for 12 months.
Can LTR Visa holders purchase property in Thailand?
▼LTR Visa holders can buy condos but cannot own land directly. Long-term leases are available for land usage.
Do dependents on an LTR Visa qualify for work permits?
▼Yes, dependents can apply for work permits provided they meet the necessary requirements.
How Often Do LTR Visa Holders Need to Report to Thai Immigration?
▼LTR Visa holders enjoy the convenience of annual residence reporting instead of the standard 90-day reporting required for most other visa types.
What Are the Tax Benefits of the LTR Visa?
▼LTR Visa holders can benefit from reduced personal income tax rates, making it an attractive option for professionals and investors.
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