The Thailand Long-Term Resident (LTR) Visa was launched in 2022 by Thailand's Board of Investment (BOI) to attract high-value foreign residents. It provides a 10-year renewable visa (issued as 5 years, extendable by another 5) with premium benefits including annual reporting, fast-track immigration services, and work permit facilitation.
4 Categories — Requirements & Benefits
🌏 1. Wealthy Global Citizen
- Assets: Minimum $1,000,000 total worldwide assets
- Thai investment: Minimum $500,000 in Thai government bonds, BOI-promoted companies, or Thai real estate
- Income: No annual income threshold (updated 2025 — previously $80,000/year)
- Health insurance: Min. $50,000 coverage for 10+ months (or Thai social security / $100,000 savings)
- Tax: Standard Thai territorial rules — foreign income not remitted is not taxed
🏖️ 2. Wealthy Pensioner
- Age: 50 years or older
- Income Option A: $80,000/year passive income (pension, dividends, rental income)
- Income Option B: $40,000–$79,999/year + $250,000 investment in Thai gov't bonds, FDI, or property
- Health insurance: Same as above
- Tax: Foreign pension and passive income not remitted → not taxable in Thailand
💻 3. Work From Thailand (Remote Workers)
- Employer: Overseas company with $50M+ annual revenue (reduced from $150M in 2025)
- Income Option A: $80,000/year for 2 consecutive years
- Income Option B: $40,000/year + Master's degree, IP ownership, or $1M+ Series A funding
- Work permit: Included — allows remote work legally
- Tax advantage: Foreign-sourced employment income is fully exempt from Thai tax
🔬 4. Highly Skilled Professional
- Sector: Targeted industries (science/tech, digital economy, healthcare, education, finance, sustainability)
- Income: $80,000/year (waived for government, research, or academic roles)
- Alternative: $40,000/year + Master's degree in relevant field
- Work permit: Streamlined single-window process
- Tax advantage: 17% flat income tax rate on Thai-sourced income (vs. up to 35% standard rate)
Benefits Common to All LTR Categories
- 10-year visa (5-year initial + 5-year extension, no cap on renewals)
- Annual TM30 reporting only — no 90-day TM47 reports at immigration
- Multiple re-entries with no additional fees
- Fast-track airport immigration lane
- Dependants: Spouse, parents, and unmarried children under 20 (unlimited — previously capped at 4)
- Digital work permit for Work From Thailand / Highly Skilled categories
LTR vs. Thailand Privilege — Which is Right for You?
| Factor | LTR Visa | Thailand Privilege |
| Duration | 10 years (5+5 renewable) | 5–20 years (one-time fee) |
| Min. Cost | Income/asset based | 650,000 THB (~$18,500) |
| Work permit | ✅ Included (WFT/HSP) | ❌ Not included |
| Tax advantage | ✅ WFT exempt / HSP 17% | Territorial (remittance-based) |
| Best for | Remote workers, investors, professionals | Retirees, lifestyle, passive income |
| Path to citizenship | ❌ | ❌ |