Thailand will start to offer a 10 year Long Term Resident Visa (LTR) starting September 1st which will be targeting the following categories:

  • Wealthy Global Citizen
    Wealthy individuals holding at least USD 1 million in assets
  • Wealthy Pensioner
    Retirees aged 50 years and older who have an annual pension or stable income
  • Work From Thailand Professional / Nomad
    Remote workers working for well-established overseas companies
  • Highly Skilled Professional
    Professionals or experts in targeted industries working for business entities or higher education institutes or research centers or specialized training institutions in Thailand or Thai government agencies
  • Dependents
    Spouse and children under 20 years old of LTR visa holders (Maximum 4 dependents in total per one LTR visa holder)

Long Term Resident Visa Privileges

There will be many privileges for LTR visa holders that will make living in Thailand long term easier and less bureaucratic. These privileges include: discounted personal income tax rate, the removal of the requirement for employers to hire four Thai citizens per foreigner, fast track at international airports, 1 year reporting to Immigration instead of 90 days, and the overall ease of regulations concerning foreign residents. The LTR Visa program makes the process of hiring foreigners easier and the foreign experts hired will strengthen the private business sector of Thailand.

  • 10* years renewable visa
  • Exemption from 4 Thais to 1 foreigner employment requirement ratio
  • 90-day report extended to 1-year report and exemption of re-entry permit
  • Permission to work in Thailand (Digital Work permit)
  • 17% Personal income tax for High-skilled professionals
  • Immigration and work permit facilitation services

While not everyone will be able to qualify this visa will be a great addition for select working professionals, and retirees.

You can read more information about the Long Term Resident Visa Requirements (LTR) Here.

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Jessi
Jessi
4 months ago

Great a visa for only rich people, or people with jobs at the top 1% of companies… Lame

Mary
Mary
4 months ago

Keep dreaming

Bob
Bob
4 months ago

Where was this part in the criteria for LTV

  • Dependents
  • Spouse and children under 20 years old of LTR visa holders (Maximum 4 dependents in total per one LTR visa holder)
Maty D
Maty D
Reply to  Bob
4 months ago

This is for people who already have the LTR visa, so you must meet all the requirements, and then you can also have your wife, and children under the age of 20 covered by it.

Mike
Mike
4 months ago

This is my 14th year living in Thailand on a Non-Immigrant visa. I am married with a Thai wife but twice in the past three years I have been treated with contempt by my local immigration office when trying to renew my visa.
I have no desire to be subjected to such abuse any longer. I shall be following the example of a lot of my ‘falang’ friends and leaving Thailand with my family.
If Thailand was genuine with this then it would be offering me, and many other long time non-immigrants an automatic 10 year visa WITHOUT preconditions or massive ongoing financial pre-requisites.
All I see of this is a cynical way for Thailand to make more foreign money, the basic underlying reasons that I have for wanting to leave remain!

MIKHAIL
MIKHAIL
4 months ago

Good job Your Majesty, everything is going to the fact that the world is brewing a complete mess you attract tourists plus the fact that you allowed the use of marijuana.

dr kchao
dr kchao
4 months ago

interesting to.note: less bureaucratic, 90 day report replaced by.one year become a previledge

Jessi
Jessi
Reply to  dr kchao
4 months ago

That part is quite funny.

They should extend this perk to the Elite Visa holders as well.

John
John
2 months ago

Investment of at least USD 500,000 in Thai government bonds, foreign direct investment, or Thai property…………..