There has been recent updates and clarifications regarding Thailand's Long-Term Resident (LTR) Visa Programme, which is designed to attract highly skilled professionals, investors, executives, and high-net-worth individuals to Thailand.
The target groups are:
Wealthy Global Citizens
- Income greater than or equal to USD 80,000 a year for the past 2 years
- Investment in Thailand greater than or equal to USD 500,000
- Worldwide assets (including Thailand) greater than or equal to USD 1 Mio
Wealthy Pensioners
- Retirees over 50 years old
- Passive income greater or equal to USD 80,000 a year OR
- Passive income greater or equal to USD 40,000 a year AND Investment in Thailand greater or equal to USD 250,000
Work from Thailand Professionals
- Working remote for overseas company, having an employment contract
- Income greater or equal to USD 80,000 a year for past 2 years OR
- Income greater or equal to USD 40,000 a year for past 2 years plus master' degree
Highly skilled Professionals
- Experience of 5 or more years in targeted industry
- Experience of 5 or more years in using targeted expertise
- Income greater than or equal to USD 80,000 a year for the past 2 years
- Income greater than or equal to UD 40,000 for the past 2 years ad master' degree in science and technology
Key Highlights and benefits of the LTR Visa Programme
- Long-term residency of up to 10 years
- Simplified immigration and reporting procedures
- Permission to work in Thailand under eligible categories
- Tax and non-tax incentives for qualified applicants, offering flat 15% income tax approval
- Eligibility for spouses and dependents
How we can assist:
Our Team provides end to end support for:
- LTR visa eligibility assessment
- Application preparation and submission
- Work permit coordination
- Ongoing compliance and immigration support
There has been also confusions about final decisions on eligibility and applicants, in which cases were approved for LTR but not any further tax benefits due to missing targeted industry company approvals.
Therefore a thorough and well planned/managed application process is key.
If you are considering applying for LTR visa or would like to understand how the attest updates ay impact your situation, we would be pleased to assist.
Feel free to contact us for a consultation or further clarification.