Thailand Work & Business Visa

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.

    Wealthy Pensioners (Retirees)

      • 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.

      Work-from-Thailand Professionals

        • 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.

        Highly-Skilled Professionals

          • 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.

          Spouses and Dependents

            • Proof of relationship (marriage certificate, birth/adoption certificates).
            • Health insurance covering $25,000.

            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

            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:

            • 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

            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:

            • 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.

            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:

            • 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.

            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:

            • 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.

            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:

            • Proof of relationship (marriage certificate, birth/adoption certificates).
            • Health insurance with minimum coverage of $25,000.

            Visa Validity

            • 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.

            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.

SERVICE LIST

  • Tourist Visa
  • Work and Business Visa
  • Long Stay Visa (OA, OX)
  • Non-Immigrant O (Marriage, Family)
  • Studying Visa
  • Long-Term Resident Visa
  • Smart Visa
  • Transit Visa
  • Diplomatic & Official Visa
  • Media & Film Crew Visa
  • Religious Activities Visa
  • Courtesy Visa
  • Destination Thailand Visa (DTV)
  • Tourism, MICE, Medical Treatment
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