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Thailand’s Long-Term Resident Program

Thailand’s (LTR) Thai


Long-Term Re

Thailand is introducing a new visa called “Long-Term


Thailand Resident a(LTR
is introducing newThailand
)” visa ca
which is a program that provides a range of is
which tax
a and non-tax
program thatbenefits
which is
provides aa p
ran
to enhance the country’s attractiveness as a regional
to enhance hub for living
the country’s to enhance
attractivene
and doing business for ‘high-potential’ foreigners.
and and doing b
doing business for ‘high-potentia
This new visa program is expected to attract
This new newvisaforeign residents,
program This new
is expected
technologies and talents contributing to domestic spending
technologies and investment
and talents technologies
contributing to d
while supporting economic growth. The Thai government
while supporting has set the growth.
economic target
while suppo
The T
of attracting one million wealthy or of talented foreign
attracting one residents ofinto
attractin
million wealthy or
the country over the next five years. the country over the next five theyears.
country

Open for applications on SeptemberOpen


1, 2022
for app

Which categories of foreigners


Whichwillcategories
be offeredofLTR
Which
visascatew
foreigners
in Thailand? in Thailand? in Thailand?

LTR visas will be offered to four categories ofLTR


foreigners:
visas will be offered to fourLTR visas willob
categories
Wealthy Global Citizens, Wealthy Pensioners, Work-from-Thailand
Wealthy Global Citizens,Professionals,
Wealthy
Wealthy Glob
Pensione
and Highly Skilled Professionals. Spouses and dependants
Highly SkilledofProfessionals.
LTR visa holders
andSpouses
Highly S
will also qualify for the same visas. will also qual
will also qualify for the same visas.

Wealthy Wealthy individuals holding at leastWealthy


USD 1 million in assets
Wealthy individuals h
Global Global
Citizens and investment in Thailand Citizens and investment in Tha

Wealthy Retirees aged 50 years and olderWealthy


who have an annual
Retirees aged 50 ye
Pensioners pension or stable income Pensioners pension or stable incP

Work-From- Remote workers working for well-established companies


Work-From- Remote workers worW
Thailand
Professionals
overseas Thailand
overseas Pr
Professionals

Professionals or experts in targeted industries working foror expe


Professionals
Highly Skilled business entities or higher education
Highly institutes or research
Skilled business entities or h
Hi
Professionals centers or specialized training institutions
Professionals in Thailand
centers or
or specialize
Pr
Thai government agencies Thai government age

Dependants Spouse and children under 20 years old of LTR visa holders
Dependants Spouse and children
D
(Maximum 4 dependants in total per one LTR visa holder)
(Maximum 4 dependan
et offered
Program
Whatto(LTR)
LTR visa holders?
privileges What
will be privileges
offered to LTRwill
visabe offeredEligibili
holders? to LTR

ges for LTRThere


ong-Term visa will
Resident holders
be many
(LTR )”that will make
privileges Thereforwill
LTR be visaInterested
many
holders privileges
in living
that willfor
in Thailand
LTR visa hold
make und
rax
m and
e alsinon-tax
ivei n
rg a ni nd benefits
Tl h
eas si l a
bnud r elaouncgr atl ietvirc
im
n. geians Ti ehra a
ila
nrange
dn dl el soof
sn g
benefits?
b ut reer a
mu c
eHere’s
raastiiecr. the
a n dcriter
les
agulations concerning
Beyond
regional hubthe for overall
livingforeign ease residents,
of Beyond
regulations the concerning
overall easeforeign of regulations
residents, concerning
the process
gners. the LTR ofvisahiring foreigners
program makeseasier
the theLTRprocess
visa program of hiring makes
foreignersthe process
easier of hiring
dctwill
new strengthen
and
foreignthe foreignthe private
residents, experts business
and will
hired the strengthen
foreign experts hired will
the private strengthen the
business
c spendingsector and ofinvestment
Thailand. sector of Thailand. Qualifications Wealthy Global C
ernment has set the target and Criteria
ed foreign residents into At least USD 1 million i

Personal income of a
of USD 80,000/ year in
ns on September 1, 2022 two years

Investment of at least U
Wealth Status & in Thai government bon
e offered LTR visas Investment direct investment, or Tha

ners: Health insurance with a


benefits insuring treatm
-from-Thailand
mption Professionals,
from 10-year Fast-TrackExemption
Service10-year ExemptionService
from Health Insurance
Fast-Track from
pendants of LTR visa holders
to 1 foreigner
renewable visa at international
renewable
4 Thais visa
to 1 foreigner 4 Thais to 1 foreigner
at international
nt requirement ratio airports in Thailand
employment employment
requirement ratio airportsrequirement
in Thailand ratio
Work-from-Tha
Professiona

t least USD 1 million in assets

Multiple Multiple Multiple


In case of personal inco
USD 80,000/year but no
Re-Entry Re-Entry Personal IncomeRe-Entry
USD 40,000/year in the past
Permit Permit Permit
applicants must have a
degree or above or own i
property or receive Series

older who have an annual

Multiple1-year report to Permission1-year report to


Multiple Multiple
Permission
entrythe
permit to work in the
Immigration Bureau Thailand
Immigration
re-entry permitBureau to work
re-entry permit
in Thailand
Public company on a stock
(Digital Work Permit) (Digital Work Permit)
or; Private company in
for at least three years with
revenue at least USD 1
Current Employer in the last three years
well-established companies

At least 5 years of work e


in the relevant fields of t
employment over the pa
Experience

rgeted industries working for


ucation institutes or research
ng institutions in Thailand or
Health insurance with
benefits insuring treatm
Health Insurance

exemption
17% Personal Immigration
tax rate and17% work
Tax permit tax rateImmigration
Personal
exemption Tax exemption
and work permit Imm
Note: The BOI as the secretariat office will also
erseas
0 years income
forofhighly
old facilitation
skilled
LTR visa holders forservices
for highly
overseas skilled any terms
income for overseas
facilitation income
of LTR visaservices
and eligibility criter
holder)at One Stop Serviceprofessionals
professionals
per one LTR visa Center at One Stop Service Center at
for Visa and Work Permit for Visa and Work Permit fo
Eligibility Criteria Eligibility Criteria

njoy a wide
hailand Interested in living
under this new LTR in Thailand
Visa under
and enjoy this new LTR Visa and enjoy a wide
a wide
range of
e’s the criteria benefits? Here’s the criteria below:
below:

nsionersQualifications Wealthy
hy Global Citizens
and Criteria WealthyGlobal Citizens
Pensioners Wealthy Pensioners
e of at
t USD least in assets
1 million At least USD
Personal 1 million
income in assets
of at least Personal income of at least
at the time of USD 80,000/year at the time of USD 80,000/year at the time of
application application
al income of a minimum Personal income of a minimum
l80,000/
incomeyearbelow in the past Inof USDof80,000/
case year
personal in the
income past
below In case of personal income below
but
ars no less than two80,000/year
USD years but no less than USD 80,000/year but no less than
applicants must USD 40,000/year, applicants must USD 40,000/year, applicants must
SD 250,000
ment of at leastin
USD 500,000 Investment
invest of atUSD
at least least250,000
USD 500,000in invest at least USD 250,000 in
bonds, foreignWealth Status & in Thai
Thai government
government bonds,
bonds, foreign
foreign Thai government bonds, foreign
government bonds, foreign
or Thai Investment
property
nvestment, or Thai property direct investment, or Thai property
direct investment, or Thai property direct investment, or Thai property

ocial security
nsurance Health
with at least USD 50,000 insurance
coverage withsecurity
or social at least USD 50,000 coverage or social security
0,000 deposit
insuring treatment in Thailand orbenefits
at leastinsuring treatment
USD 100,000 in Thailand or at least USD 100,000 deposit
deposit
Health Insurance

rk-from-Thailand Work-from-Thailand
ofessionals Highly Skilled Professionals Highly Skilled Professionals
Professionals Professionals

ncome below In case of personal income below In case of personal income below
ut no less than USD 80,000/year but no less than USD 80,000/year but no less than
ef personal
past two years
income below USDIn40,000/year
case of personal income
in the past two below
years USD 40,000/year in the past two years
applicants
00/year butmust
no less than USD 80,000/year
or before retirement,but no less than
applicants must or before retirement, applicants must
ree or Personal
above
0/year in the past in twoIncome
years, USDa40,000/year
have in the past
Master’s degree two years,
or above in have a Master’s degree or above in
logy or special
ts must have a Master’s applicants
science must have a
and technology orMaster’s
special science and technology or special
eabove
job assignment
or own intellectual degree
expertise or above
relevant or own
to the intellectual
job assignment expertise relevant to the job assignment
or receive Series A funding property or receive Series A funding
in Thailand in Thailand

nal income for No minimum personal income for No minimum personal income for
king for Thai professionals working for Thai professionals working for Thai
ies government agencies government agencies

ation institution,
mpany on a stock exchange Publicor
Business company on a stock
higher education exchange
institution, Business or higher education institution,
ecialized
companytrainingin operation or; Private
research company
institution, in operation
specialized training research institution, specialized training
nment agency
three years with combined for at least
institution, three
or Thai years with agency
government combined institution, or Thai government agency
stries
at least USD 150 million in revenue
any targeted at least USD 150 million
industries in any targeted industries
three yearsCurrent Employer in the last three years

ork experience At least 5 years of work experience At least 5 years of work experience
tries
yearsexcept forexperience
of work At least
in the 5 years
targeted of workexcept
industries experience
for in the targeted industries except for
PhD orfields
evant aboveof the current in the relevant
applicants with fields
a PhDoforthe current
above applicants with a PhD or above
of the
ent targeted
over the past 10 years employment over the past 10 years
in the relevant fields of the targeted in the relevant fields of the targeted
nts working for industries or applicants working for industries or applicants working for
gencies Experience Thai government agencies
Thai government agencies

ocial security
nsurance Health
with at least USD 50,000 insurance
coverage withsecurity
or social at least USD 50,000 coverage or social security
s0,000 deposit
insuring treatment in Thailand orbenefits
at leastinsuring treatment
USD 100,000 in Thailand or at least USD 100,000 deposit
deposit
Health Insurance

t
review Note:
office will alsoThe BOI the
assess as the secretariat
scheme office
regularly and will also assess the scheme regularly and review
review
any
eligibility criteria asterms of LTR
deemed visa and eligibility criteria as deemed appropriate.
appropriate.
Visa Application and Issuance
Visa Application and Issu

1. Register and submit online an 1. application


Register andfor qualification
submit online an endorsement
application forfor qualifi
LTR Visa and supporting documents. LTR Visa and supporting documents.
2. Within 20 working days after having received
2. Within complete
20 working documents,
days after applicants
having received complet
will be notified of the result. will be notified of the result.
3. Qualified applicants may proceed with applicants
3. Qualified applying for mayLTRproceed
Visa issuance at
with applying f
the Royal Thai Embassies/thethe Royal
RoyalThai Consulate
Thai Generals
Embassies/the overseas
Royal Thai Consula
or Immigration offices in Thailand within 60 days
or Immigration from
offices in the issuance
Thailand date
within 60 days f
of the endorsement letter. The processing fee for theletter.
of the endorsement 10-year Thevisa with multiple
processing fee for the 1
entry is 50,000 Baht per person. entry is 50,000 Baht per person.
4. Applicants who work in Thailand, may collect
4. Applicants who work digital work permits
in Thailand, at
may collect d
the Department of Employment theatDepartment
One Stop Service Center for
of Employment atVisa
Oneand
Stop Servi
Work Permit, Chamchuri Square Work Building,
Permit, Bangkok
Chamchuri or Square
provincial labourBangko
Building,
offices. The processing fee is 3,000 Baht The
offices. per processing
year to maintain
fee is digital workper
3,000 Baht permit.
year to ma

Applicant Applicant

Register and submit Register and submit


application online application online

Document Verification Document Verification

result result

Qualified Qualified
Applicant Applicant
Visa issuance Visa issuance

Collecting LTR Visa overseas Collecting LTR Visa overseasLTR Visa in ThailandColle
Collecting
Thai Embassies/Consulates Thai Embassies/Consulates
Thai Immigration Offices Tha

Collecting digital work permit Collecting digital w

Department of Employment Department of Em

Digital work permit Digital work permit


Line Official: Line Official:
LTR Visa LTR Visa

oi.go.thhttps://ltr.boi.go.th
Facebook Page: Facebook Page:
LTR Visa LTR Visa

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