Thailand LTR Visa – Wealthy Global Citizen
Thailand's Long-Term Resident (LTR) visa for Wealthy Global Citizens is a 10-year renewable visa administered by the Board of Investment (BOI), aimed at high-net-worth individuals relocating capital to Thailand. Applicants must hold personal assets of at least USD 1 million, have earned at least USD 80,000 annually for the past two years, and invest a minimum of USD 500,000 in Thai government bonds, foreign direct investment, or property. Holders get a digital work permit option, annual (not 90-day) immigration reporting, and multiple re-entry. A dedicated royal decree exempts remitted foreign-sourced income from Thai tax, a major draw versus Thailand's 2024 worldwide-remittance tax reform for ordinary residents.
Program Details
- Category
- Investor
- Processing Time
- 2 months
- Application Fee
- $1,400
- Minimum Income
- $80,000/mo
- Minimum Investment
- $500,000
- Family Included
- 1
- Path to PR
- Yes — 3 years
- Path to Citizenship
- Yes — 8 years
- Physical Presence
- Dual Citizenship
- Not allowed
- Tax Impact
- Becomes a Thai tax resident if present 180+ days/year, but a Royal Decree exempts LTR Wealthy Global Citizens from Thai personal income tax on foreign-sourced income remitted into Thailand. Thai-sourced income is still taxed at standard progressive rates up to 35%.
- Renewal Cost
- $1,400
USD 80,000/year required for each of the past 2 years; there is no reduced-income alternative for this category (unlike the Pensioner, Remote Worker, and Skilled Professional LTR categories).
Application Timeline
Apply
2mo processing
Visa Granted
Initial permit
Permanent Residency
After 3 years
Citizenship
After 8 years
Key Requirements
- ✓Personal assets of at least USD 1,000,000, verifiable via bank/investment statements
- ✓Personal annual income of at least USD 80,000 for each of the last 2 years
- ✓Investment of at least USD 500,000 in Thai government bonds, FDI, or property
- ✓Health insurance with minimum USD 50,000 coverage in Thailand, or Thai social security enrollment
- ✓Clean criminal record certificate from country of residence
- ✓Valid passport with at least 6 months' remaining validity
- ✓BOI endorsement letter obtained prior to formal visa application
Am I eligible for Thailand LTR Visa – Wealthy Global Citizen?
Quick self-check based on the published criteria. Not legal advice. No data leaves your browser.
Minimum monthly income
Programme requires $80,000/month.
Minimum investment / capital
Programme requires $500,000.
Fill in the fields above to see a verdict.
This is a heuristic, not a determination. Final eligibility depends on full documentation and immigration-officer discretion.
Application Process — Step by Step
- 01
Submit an online application to the BOI LTR e-portal with financial, asset, and…
destinationSubmit an online application to the BOI LTR e-portal with financial, asset, and personal documents
Typical duration:
- 02
BOI reviews the application and issues an endorsement letter (approx. 20…
destinationBOI reviews the application and issues an endorsement letter (approx. 20 working days)
Typical duration:
- 03
Apply for the LTR visa at a Royal Thai Embassy/Consulate abroad, or convert…
destinationApply for the LTR visa at a Royal Thai Embassy/Consulate abroad, or convert status at Thailand's Immigration Bureau One-Stop Service Center if already in-country
Typical duration:
- 04
Pay the visa fee (THB 50,000) and receive the visa, issued in a 5-year block…
destinationPay the visa fee (THB 50,000) and receive the visa, issued in a 5-year block within the overall 10-year validity
Typical duration:
- 05
Complete annual (not 90-day) address reporting and apply for a digital work…
destinationComplete annual (not 90-day) address reporting and apply for a digital work permit if employed
Typical duration:
- 06
Undergo re-verification of assets, income, and investment at the 5-year mark to…
destinationUndergo re-verification of assets, income, and investment at the 5-year mark to extend into the second 5-year period
Typical duration:
Gotchas — Things to Watch For
- ⚠The USD 500,000 investment must be maintained; liquidating it without reinvesting can jeopardize renewal at the 5-year mark
- ⚠Assets used to qualify must be verifiably owned by the applicant; assets solely in a spouse's name typically don't count
- ⚠The visa does not automatically convert to Thai permanent residency or citizenship — both require separate, quota-limited applications
- ⚠Misreporting remitted income to claim the tax exemption can trigger back taxes and penalties from the Thai Revenue Department
Frequently Asked Questions
Does the LTR Wealthy Global Citizen visa lead to Thai citizenship?+
Not automatically. Holders may separately apply for Thai Permanent Residency after qualifying residence, and citizenship after further years as a PR holder, but both are quota-limited and discretionary.
Can family members be included?+
Yes, spouses and children (including adopted, up to age 20) can be added as dependents on the same visa without additional investment, subject only to the standard per-dependent visa fee.
Is my foreign income taxed in Thailand under this visa?+
No — a royal decree exempts LTR Wealthy Global Citizens from Thai tax on foreign-sourced income remitted into Thailand, an exception to Thailand's standard remittance-based taxation rules.
What happens if my qualifying investment loses value?+
BOI generally requires the investment to be maintained; unrealized market losses in bonds/equities are typically tolerated, but fully cashing out without reinvesting can affect renewal.
Applying from a specific country? Your home-country tax rules, banking access, and dual-citizenship options affect every programme differently. Browse nationality guides → for tax obligations, renunciation rules, and second-passport routes.
Related Guides
Sources & last verified
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