Long-Term Resident (LTR) Visa For Thailand: Thailand’s Long-Term Resident (LTR) Visa program has been updated as of February 2025 to attract more global professionals, investors, and retirees. The government aims to make it easier for eligible individuals to live, work, and invest in Thailand long-term. Whether you’re a high-earning digital nomad, an experienced investor, or a retiree looking for a beautiful, tax-friendly destination, the LTR Visa offers an excellent opportunity.
In this guide, we’ll break down everything you need to know about the updated LTR Visa, including its benefits, requirements, and step-by-step application process.
Long-Term Resident (LTR) Visa For Thailand
| Feature | Details |
|---|---|
| LTR Visa Duration | 10 years (renewable) |
| Categories | Wealthy Global Citizens, Work-from-Thailand Professionals, Highly-Skilled Professionals, Wealthy Pensioners, and Dependents |
| Minimum Investment Requirement | $500,000 (for certain categories) |
| Income Requirement (Varies by Category) | $80,000 per year (some categories have flexibility) |
| Processing Time | ~20 working days for approval |
| Visa Fee | THB 50,000 (~$1,400) |
| Official Application Portal | LTR Visa BOI Thailand |
Thailand’s Long-Term Resident (LTR) Visa offers an excellent opportunity for global professionals, retirees, and investors seeking long-term stability, tax benefits, and an attractive lifestyle. With the February 2025 updates, the application process is now easier and more flexible than ever. If you meet the eligibility requirements, now is the perfect time to apply and enjoy all that Thailand has to offer!
What is the Long-Term Resident Visa?
The LTR Visa is a 10-year residency visa aimed at attracting foreign talent, retirees, and investors to Thailand. It comes with perks such as fast-tracked immigration clearance, tax reductions, and a streamlined work permit process. The visa is divided into five main categories:
- Wealthy Global Citizens – High-net-worth individuals with significant assets and investments.
- Work-from-Thailand Professionals – Remote workers employed by international companies.
- Highly-Skilled Professionals – Experts in targeted industries, including tech, healthcare, and finance.
- Wealthy Pensioners – Retirees with a stable pension income.
- Dependents – Spouses and children of LTR Visa holders.
February 2025 Updates: What Has Changed?
Thailand’s Board of Investment (BOI) has introduced major changes to make the LTR Visa more accessible. These include:
- Income requirement adjustments: Some categories no longer require proof of an $80,000+ salary.
- Lower employer revenue requirement: The threshold for companies employing Work-from-Thailand Professionals has been reduced to $50 million.
- Expanded dependents’ eligibility: Parents and legal dependents are now included.
- Work permit flexibility: LTR Visa holders can now easily switch jobs without reapplying.
- Increased investment options: Greater flexibility in the types of qualifying investments, including government bonds, real estate, and business investments.
Benefits of the Long-Term Resident Visa
1. Long-Term Stability
The LTR Visa lasts for 10 years, allowing holders to stay in Thailand without the hassle of yearly renewals. Holders also gain the flexibility to travel in and out of the country without restrictions.
2. Tax and Work Benefits
- Flat 17% personal income tax for Highly-Skilled Professionals.
- Exemption from Thailand’s foreign employment restrictions.
- Multiple re-entry benefits without the need for a re-entry permit.
- Lower tax rates for business owners investing in Thailand’s key economic sectors.
3. Fast-Track Services
- Priority immigration clearance at airports.
- Faster processing of work permits and business applications.
- Expedited application processing for investors meeting special criteria.
4. Access to Quality Healthcare and Infrastructure
LTR Visa holders enjoy premium healthcare services, international schools for dependents, and a world-class living environment. Thailand’s top hospitals provide world-class medical services at competitive rates, making it an attractive destination for retirees and expatriates.
5. Access to Thailand’s Business Ecosystem
- Networking opportunities with global investors and entrepreneurs.
- Business-friendly policies that encourage startups and foreign investments.
- Incentives for tech and manufacturing businesses operating in Thailand’s special economic zones.
Who is Eligible For Long-Term Resident Visa?
Eligibility varies by category. Below is a quick breakdown:
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1. Wealthy Global Citizens
- Minimum assets of $1 million.
- Investment of at least $500,000 in government bonds, property, or funds in Thailand.
- Annual income of at least $80,000.
- Eligible for priority processing if investing in special government-backed projects.
2. Work-from-Thailand Professionals
- Remote workers with an annual salary of $80,000+.
- Work for a publicly listed company or one with at least $50 million revenue.
- At least 5 years of experience in the relevant industry.
- Can apply for fast-track work permits through BOI’s business facilitation program.
3. Highly-Skilled Professionals
- Expertise in targeted fields like IT, AI, finance, and healthcare.
- Annual salary of $80,000+ or $40,000 for niche specialists.
- Work for a company in Thailand or a government-approved industry.
- Eligible for special incentives under Thailand’s industrial development policies.
4. Wealthy Pensioners
- Retirement age of 50+.
- Annual pension or passive income of at least $80,000.
- If below $80,000, an investment of $250,000 in Thailand is required.
- Access to special health insurance plans tailored for long-term expats.
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FAQs About Long-Term Resident (LTR) Visa For Thailand
1. Can I work with an LTR Visa?
Yes! You can work legally and will receive a digital work permit.
2. What happens if I switch jobs?
You can change employers without needing a new visa. The work permit remains valid as long as you continue in an eligible profession.
3. What types of investments qualify for the LTR Visa?
Investments in government bonds, Thai-based companies, and real estate all qualify under certain conditions.
4. Can my family come with me?
Yes, spouses, children, and even parents can be dependents under your visa. Dependents also receive residency benefits and access to Thailand’s healthcare system.
