Long-term Resident (LTR) Visa
LTR visa, or long-term resident visa
Holders of Long-Term Resident (LTR) visas are permitted to reside and work in Thailand with full privileges. LTR Visa is thus a compact and exclusive visa. You can now apply for it. Please feel free to get in touch with us as indicated below if you need any additional information about the LTR visa application procedure. We are eager to be of service to you. Dependents on a Long-Term Resident (LTR) Visa are only permitted to have a spouse and children (under the age of 20), with a maximum of four dependents. It’s impressive that a spouse may also be given a work permit to work in Thailand.
Application requirements for wealthy foreigners
The Long-term Resident (LTR) Visa presently offers four distinct categories: Highly Skilled Professionals, Wealthy Pensioners, Work-from-Thailand Professionals, and Wealthy Global Citizens. Please consider the following criteria for each type:
Rich World Citizens
Individuals with investments and assets worth at least USD $1,000,000 in Thailand;
A minimum annual personal income of USD 80,000;
investment of at least USD 500,000 in Thai government bonds, foreign direct investment, or Thai real estate;
Health insurance with a minimum of USD 50,000 in coverage, Social Security funds that cover medical care in Thailand, or a minimum USD 100,000 down payment.
Affluent retirees
50 years of age or older;
A minimum annual personal income of USD 80,000;
Investments in Thai government bonds, foreign direct investment, or Thai real estate must total at least USD 250,000 for individuals with annual incomes under USD 80,000 but no less than USD 40,000;
Health insurance with a minimum of USD 50,000 in coverage, Social Security funds that cover medical care in Thailand, or a minimum USD 100,000 down payment.
Thailand-based professionals who work
Remote employees of a reputable international business;
a minimum annual personal income of USD 80,000;
a Master’s degree or higher, intellectual property ownership, or series A funding, and a personal income of less than USD 80,000 per year but no less than USD 40,000 per year;
presently employed by company listed on a stock exchange, or a privately held business with a minimum three-year history and at least $150 million in annual revenue;
experience, with at least five years of work experience in the last ten years in fields related to the current position;
Health insurance with a minimum of USD 50,000 in coverage, Social Security funds that cover medical care in Thailand, or a minimum USD 100,000 down payment.
Highly Skilled Professionals
A minimum annual personal income of USD 80,000;
No minimum personal income requirement for professionals working for Thai government agencies; Current employer of business or higher education institution, research institution, specialised training institution, or Thai government agency in any targeted industries; Personal income below USD 80,000/year but no less than USD 40,000/year; Must have a Master’s degree or higher in science and technology or special expertise relevant to the job assignment in Thailand;
Except for candidates who have a PhD or higher in an area related to the targeted sectors or applicants who work for Thai government agencies, applicants must have at least five years of work experience in the targeted industries.
Social Security benefits that cover medical treatment in Thailand, health insurance with at least USD 50,000 in coverage, or at least.
Extraordinary privileges than others:
- Holders of LTR visas will be entitled to the following benefits:
- 10-year visa with authorization for multiple entries (renewable);
- a work permit and a digital work permit for Thailand;
- exemption from the 4 Thais: 1 foreigner employment ratio requirement;
- Airport Fast-Track Service;
- just a 1-year report is necessary (no longer a 90-day report);
- reduction and exemption of taxes;
- services for obtaining visas and work permits at the Chamchuri Square Building’s One Stop Service Center;
