Long Term Resident Visa (LTR Visa)
- Categorizing to be under the tourist visa
- Aiming to attract foreigners with capacity of wealth and talent to contribute and generate income to Thailand’s domestic market and support the local economic growth subject to the relevant regulations.
- Targeting size of the LTR visa is about 1 million of wealthy or talented foreigners who aim to get resident in the kingdom for the next 5 years.
- Revocation of the LTR visa can be due to incompliance to the Ministry of Interior’s announcement and unable to meet with the qualifications as prescribed.
Qualifications
| Types | Qualifications |
| Wealthy global citizens | 1. Owning at least 1 million USD assets globally; or 2. Having at least 80,000 USD income for 2 years continuously; or at least 500,000 USD investment in assets in Thailand |
| Wealthy retirees | 1. Owning at least 80,000 USD assets globally; or in case of owning assets between 40,000 – 80,000 USD, they must invest in Thai property for at least 250,000 USD; or 2. Having 50 years older with annual pension or stable income |
| Work-from Thailand professional | 1. Owning assets between 40,000 – 80,000 USD for 2 years continuously; or having at least master’s degree or owning intellectual property or receiving a series of funding; or 2. Working for a SET-listed corporation or business operates for at least 3 years with total revenue of 150 million USD in the last 3 years; or 3. Having at least 5 years of experience in the specified fields over the past 10 years. |
| Highly skilled professional | 1. Highly skilled professional holding of assets between USD 40,000 – 80,000 for 2 years continuously; or having at least a master’s degree in science and technology or having special expertise relevant to the job assignment in Thailand; or 2. No work experience required for PhD degree in the relevant fields of the targeted industries; or 3. Working in the business in any targeted industries with at least 5 years of experience |
| Highly skilled professional working with government agencies | 1. No minimum personal income; or 2. No work experience required; or 3. Employing with higher educational institution, research institution, specialised training institution or Thai government agencies |
| Dependants | Spouse and children under 20 years old of LTR visa holder (maximum of 4 dependents in total per one LTR visa holder) |
Key privileges for LTR visa holders
- 10 years renewable visa.
- Fast track service at international airports in Thailand
- 90 days report extending to 1 year report and exemption of re-entry permit
- Permission to work in Thailand (digital work permit)
- Immigration and work permit facilitation service at one stop service center for visa and work permit
Relevant Authorities
Board of Investment, Immigration Bureau and Ministry of Labour.