New 10 Years Visa
Visa Program for ‘High-potential’ Individuals
Thailand is introducing a new visa called “Long-Term Resident Visa (LTR)” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for ‘high-potential’ individuals. Today, Thailand presents itself as a very attractive location for “work from anywhere” professionals and Thailand is already a home to multinational corporations from all over the world, as well as, one of the most important tourist destinations in Asia.
Which categories of foreigners will be offered LTR visas in Thailand?
LTR visas will be offered to four categories of foreigners:
- Wealthy Global Citizens
Wealthy individuals holding at least USD 1 million in assets and investment in Thailand; - Wealthy Pensioners
Retirees aged 50 years and older who have an annual pension or stable income; - Work-From Thailand Professionals
Remote workers working for well-established companies overseas; - Highly Skilled Professionals
Professionals or experts in targeted industries working for business entities or higher education institutes or research centers or specialised training institutions in Thailand or Thai government agencies; - Dependants
Spouse and children under 20 years old of LTR visa holders (Maximum 4 dependants in total per one LTR visa holder).