Thailand Long-Term Resident (LTR) Visa
Thailand THA
Last verified 2024-09-01Official source
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.
Program Details
- Category
- Passive Income
- Processing Time
- 1 months
- Application Fee
- $1,400
- Minimum Income
- $40,000/yr
- Minimum Investment
- $250,000
- Family Included
- Up to 4 family members (spouse and dependents) included at no additional investment; each receives a 10-year LTR visa
- Path to PR
- No
- Path to Citizenship
- No
- Physical Presence
- No minimum stay requirement; must re-enter Thailand at least once per year
- Dual Citizenship
- Not allowed
- Tax Impact
- 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.
- Renewal Cost
- $1,400
Varies by category: Wealthy Pensioners require $40,000/year passive income or $250,000 in assets. Wealthy Global Citizens require $80,000/year income or $1,000,000 in assets. Digital nomads (Work-from-Thailand) require $40,000/year income. Remote workers require $40,000/year from an employer in business for 3+ years.
Key Requirements
- ✓Meet one of four categories: Wealthy Global Citizen ($80K/year income), Wealthy Pensioner ($40K/year passive income or $250K assets, age 50+), Work-from-Thailand Professional ($40K/year income), or Highly-Skilled Professional
- ✓For remote workers: employer in operation for 3+ years
- ✓Health insurance with $50,000 coverage minimum, or 40,000 THB in a Thai bank account
- ✓Criminal background check
- ✓Application via BOI Thailand (Board of Investment)
- ✓Government fee of 50,000 THB
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