Thailand's Long-Term Resident (LTR) Visa is a 10-year, renewable, multiple-entry visa designed to attract global talent, retirees, high-income individuals, and skilled professionals. The LTR Visa was introduced by the Thai government to boost the nation's economy by attracting high-value individuals who can contribute to Thailand's growth and development.
Five Categories of LTR Visa
- Wealthy Global Citizens: Individuals with personal assets of at least $1 million USD, annual income of at least $80,000 USD, and an investment of at least $500,000 USD in Thai government bonds, foreign direct investment, or Thai property.
- Wealthy Pensioners: Individuals aged 50 and above with a stable passive income of at least $80,000 USD per year. Those with income between $40,000–$80,000 must also invest at least $250,000 USD in Thai government bonds, foreign direct investment, or Thai property.
- Work-from-Thailand Professionals: Remote workers employed by a well-established company (generating at least $150 million in revenue per year over the past two years), with personal income of at least $80,000 USD per year. If income is between $40,000–$80,000, a master's degree or ownership of intellectual property or Series A funding is required.
- Highly-Skilled Professionals: Individuals employed by a company operating in Thailand in targeted industries, holding a master's degree or PhD, with an annual income of at least $80,000 USD. Those earning between $40,000–$80,000 with advanced degrees in relevant fields may also qualify.
- Spouses and Dependents: Up to 4 legal dependents per primary visa holder, including spouse and children.
Documents Needed
- Passport with at least 6 months validity.
- Health insurance with coverage of at least $50,000 USD ($25,000 USD for dependents).
- Proof of financial stability as per the applicable category.
- Category-specific documents: employment contracts, investment proofs, property deeds, relationship documents for dependents, academic certificates, etc.
- Criminal background check from your home country.
Benefits of the LTR Visa
- 10-year validity, renewable for another 10 years.
- Multiple entries with unlimited travel in and out of Thailand.
- Annual reporting instead of 90-day reporting.
- Reduced personal income tax rate of 17% for highly-skilled professionals.
- Digital work permit for eligible holders.
- Dependents eligible for the same visa duration.
- Fast-track immigration processing at designated airports.
- Exemption from the 4:1 Thai-to-foreign worker ratio requirement for employers.
Frequently Asked Questions