Indonesia Second Home Visa (B211B) vs Thailand Long-Term Resident (LTR) Visa
A factual side-by-side comparison of two residency programmes. All figures are drawn from the canonical program pages — follow either link in the table header for sources and the full profile.
Key Differences at a Glance
- ›Thailand Long-Term Resident (LTR) Visa is faster: 1 months vs 2 months for Indonesia Second Home Visa (B211B).
- ›Indonesia Second Home Visa (B211B) leads to citizenship (~10 yrs); Thailand Long-Term Resident (LTR) Visa does not.
- ›Lower capital: Indonesia Second Home Visa (B211B) (130,000 USD) vs 250,000 for Thailand Long-Term Resident (LTR) Visa.
- ›Thailand Long-Term Resident (LTR) Visa uses territorial taxation; Indonesia Second Home Visa (B211B) taxes worldwide income.
Indonesia Second Home Visa (B211B) Indonesia · retirement | Thailand Long-Term Resident (LTR) Visa Thailand · passive income | |
|---|---|---|
| Country | Indonesia | Thailand |
| Category | Retirement | Passive Income |
| Application Fee | $200 | $1,400 |
| Minimum Income | — | $3,330 /mo |
| Minimum Investment | $130,000 | $250,000 |
| Processing Time | 2 months | 1 months |
| Family Included | Spouse and dependent children may be included on the principal's permit; parents not eligible | Up to 4 family members (spouse and dependents) included at no additional investment; each receives a 10-year LTR visa |
| Path to PR | Yes — 5 years | No |
| Path to Citizenship | Yes — 10 years | No |
| Physical Presence | Visa is valid for 5 or 10 years (multi-entry). No minimum presence requirement. | No minimum stay requirement; must re-enter Thailand at least once per year |
| Dual Citizenship | Not allowed | Not allowed |
| Tax Impact | Tax residency triggers at 183+ days physical presence in any 12-month period. Indonesian tax residents pay progressive PIT up to 35%; foreign-source income is taxable. The Second Home Visa does not confer any special tax exemption — applicants spending less than 183 days in Indonesia avoid Indonesian tax residency entirely. | LTR visa holders working remotely for overseas employers are exempt from Thai personal income tax on foreign-sourced income. Those in the Wealthy Global Citizen or Wealthy Pensioner categories are taxed only on income remitted to Thailand. |
| Tax Residency Trigger | 183 days/yr | 180 days/yr |
| Worldwide Taxation | Yes | Territorial |
| Renewal Cost | $200 | $1,400 |
About Indonesia Second Home Visa (B211B)
Indonesia's Second Home Visa (introduced October 2022 under Regulation 22/2022, refined by 2024 amendments) grants a 5-year or 10-year multi-entry residence visa to foreign nationals depositing IDR 2 billion (~USD 130,000) in an Indonesian state bank for the duration of the visa. The visa does NOT require minimum income, employment, or physical presence and may be used as a base for visiting Indonesia (especially Bali) without becoming a tax resident. The deposit may be used to purchase property or held as a savings deposit. After 5 years of legal residence with continuous physical presence, the visa-holder may apply for permanent residency (KITAP) and after 10 years, naturalisation — though Indonesia generally does not permit dual citizenship and naturalisation requires renunciation.
Full Indonesia Second Home Visa (B211B) profile →About Thailand Long-Term Resident (LTR) Visa
Thailand's Long-Term Resident (LTR) visa is a 10-year, renewable visa with four sub-categories targeting wealthy retirees, high-net-worth individuals, remote workers, and skilled professionals in targeted industries. It offers significant tax benefits and a streamlined one-stop government service.
Full Thailand Long-Term Resident (LTR) Visa profile →Gotchas to Watch For
Indonesia Second Home Visa (B211B)
- ⚠IDR 2B is a deposit, not a fee — but the funds are locked for the visa duration (5 or 10 years)
- ⚠Indonesia does NOT permit dual citizenship — naturalisation requires renunciation of original citizenship
- ⚠Tax residency at 183+ days; visa doesn't confer special tax treatment
- ⚠Bali property purchase by foreigners has additional restrictions (HGB / Hak Pakai title structures rather than freehold Hak Milik)
Thailand Long-Term Resident (LTR) Visa
- ⚠CRITICAL — 2024 tax rule change: foreign income remitted to Thailand in the same tax year is now taxable (180+ day residents). Pre-2024 loophole of delaying remittance to next year closed.
- ⚠LTR does NOT lead to Thai Permanent Residency or citizenship — it is a pure long-stay visa
- ⚠Work Permit privilege covers work for foreign companies only; working for Thai employer needs separate BOI work permit endorsement
- ⚠Spouse and children (under 20) can be added as LTR dependents — each requires same health insurance coverage
- ⚠90-day reporting to Immigration required (online possible via TM90 app)
- ⚠THB 50,000 fee is per applicant — dependents pay reduced rate
Neutral reference — we don't recommend one programme over another. Programmes change: always verify each detail against the official source linked on the individual program pages.