LTR LONG TERM RESIDENT VISA
Thai LTR Visa: A Convenient and Affordable Way to Live and Work in Thailand
The Thailand Long-Term Resident (LTR) Visa offers an easy and cost-effective way to stay in Thailand for an extended period while also allowing you to work if desired. Unlike other residency visas that require annual renewals and 90-day immigration reporting, the LTR visa only needs renewal every five years and requires reporting just once a year.
With this visa, you can travel freely without the hassle of obtaining a re-entry permit and enjoy expedited immigration services at the airport.
One of its key advantages is the ability to obtain a work permit and secure employment with a Thai company. Additionally, LTR visa holders are exempt from the 4:1 Thai-to-foreigner employment ratio rule, making them more attractive to potential employers compared to other visa holders.
Eligibility Requirements for the Thailand Long-Term Resident (LTR) Visa
Approved applicants are required to make a one-time payment of 50,000 THB for their 10-year visa. Eligibility for the LTR visa depends on the applicant’s category, with specific criteria that must be met to qualify.
Highly-Skilled Professional Eligibility Criteria
- Must have a personal annual income of at least $80,000 over the past two years.
- If earning between $40,000 and $80,000 annually in the past two years, applicants must hold a Master’s degree or higher in science, technology, or possess specialized expertise relevant to their job in Thailand.
- No minimum income requirement for professionals employed by Thai government agencies.
- Must be employed by a business in a targeted industry, a higher education institution, a research or specialized training institution, or a Thai government agency.
- Must have at least five years of work experience in a targeted industry, unless holding a PhD or higher in a relevant field or working for a Thai government agency.
- Must have health insurance with a minimum coverage of $50,000, social security benefits covering treatment in Thailand, or a bank deposit of at least $100,000.
Work-from-Thailand Professional Eligibility Criteria
- Must have a personal annual income of at least $80,000 over the past two years.
- If earning between $40,000 and $80,000 annually in the past two years, applicants must hold a Master’s degree or higher, own intellectual property, or have received Series A funding.
- Must be employed by:
- A publicly listed company on a stock exchange, or
- A private company that has been in operation for at least three years with a combined revenue of at least $150 million USD in the past three years.
- Must have at least five years of cumulative work experience in a relevant field within the past ten years.
- Must have health insurance with a minimum coverage of $50,000, social security benefits covering treatment in Thailand, or a bank deposit of at least $100,000.
Wealthy Global Citizen Eligibility Criteria
- Must have a minimum of $1 million USD in assets.
- Must have a personal annual income of at least $80,000 over the past two years.
- Must invest at least $500,000 in Thai government bonds, foreign direct investment, or Thai real estate.
- Must have health insurance with a minimum coverage of $50,000, social security benefits covering treatment in Thailand, or a bank deposit of at least $100,000.
Wealthy Pensioner Eligibility Criteria
- Must have a personal income of at least $80,000 USD at the time of application, or a minimum of $40,000 USD.
- Must invest at least $250,000 in Thai government bonds, foreign direct investment, or Thai real estate.
