Thailand Long-Term Resident visa explained?
I'm exploring options for a long-term stay in Thailand and recently heard about the Long-Term Resident (LTR) visa. I'm not a retiree but am looking for a stable, extended visa option. Could someone explain who is eligible for the LTR visa, what its benefits are, and the application process for different categories like 'wealthy global citizens' or 'work-from-Thailand professionals'?
1 answer
Thailand's Long-Term Resident (LTR) Visa launched in 2022 for high-potential foreigners:
Four Categories:
1. Wealthy Global Citizens
- Personal income $80,000+/year OR $1M+ assets
- Investment of $500,000+ in Thai government bonds, property, or FDI
2. Wealthy Pensioners
- Age 50+
- Personal income $80,000+/year OR $40,000+/year with $250,000+ investment
3. Work-from-Thailand Professionals
- Personal income $80,000+/year
- 5+ years experience in current field
- Employer must have $150M+ revenue
4. Highly Skilled Professionals
- Personal income $80,000+/year
- Expertise in targeted industries (tech, biotech, etc.)
- 5+ years relevant experience
Benefits:
- ✅ 10-year visa (renewable)
- ✅ 17% flat tax rate (vs. progressive up to 35%)
- ✅ No requirement to report every 90 days (annual instead)
- ✅ Work permit included
- ✅ Fast-track at airports
- ✅ Multiple re-entry permitted
Application:
Apply through the Thailand Board of Investment (BOI) — processing takes 2–4 weeks.
Explore Thailand options on MIGRS.