Thailand Launches a New Visa

Attract Foreigners to Stay in Thailand for Up to 10 Years

Thailand has launched a new visa “Long-Term Resident Visa (LTR)” to attract 4 groups of high-income and high-potential foreigners to stay in Thailand for more than 10 years.

📌 4 types of foreigners who can apply for LTR Visa

  1. Wealthy Global Citizen

Has total assets of not less than 1 million USD. or have a personal income of at least $80,000 per year or invest in Thailand not less than 500,000 USD

  1. Foreign retirees (Wealthy Pensioner)

Have a personal income of at least $80,000 per year

  1. People who want to work from Thailand (Work-From-Thailand Professional)

Have a personal income of at least $80,000 per year or having at least 5 years of working experience or working in a legally registered company and companies with revenues of at least $150 million within the past 3 years

  1. Special skilled person (Highly-skilled Professional)

Have a personal income of at least $80,000 per year or have expertise in the target industry or with at least 5 years working experience

Benefits

– 10 years visa period (can be extended)

– Except for the ratio of 4 Thai employees to 1 foreigner

– Use a fast track to enter and exit the Kingdom at an international airport where there is a special channel service.

– Report every 1 year (from every 90 days) and do not have to apply for a re-entry permit

– Permit to work in Thailand (Digital Work Permit)

– Reduce personal income tax to 17% for those with special skills (Highly-skilled Professional)

– Able to have a maximum of 4 followers

More details : https://www.boi.go.th/searchresult?q=LTR

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