Best Thailand Long Term Resident (LTR) Visa Agency
Relocate to Thailand with the best Thai LTR Visa agency.
Welcome to the premier destination for seamless visa solutions – the best Thailand Long Term Resident (LTR) Visa agency. As the foremost authority in facilitating Thailand Long Term Resident (LTR) Visas, we pride ourselves on delivering unparalleled expertise and personalized service. Navigating the intricacies of visa acquisition can be daunting, but with our dedicated team of seasoned professionals, you can embark on your Thai journey effortlessly. Our LTR visa service in Thailand ensures that your experience with the best Thailand Long Term Resident (LTR) visa agency is efficient and tailored to your specific needs. Trust us to be your trusted partner in unlocking the unparalleled benefits of the Thailand Long Term Resident (LTR) Visa program.
What is Thailand Long Term Resident (LTR) Visa?
Thailand’s new Long-Term Resident visa (LTR Visa) program commences from 1 September 2022 and will provide 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’ foreigners. The program recognises that Thailand is home to multinational corporations from all over the world and one of the most important tourist destinations in Asia.
Thailand presents itself as a very attractive location for “work from anywhere” professionals with Bangkok ranking the second best city in the world to take up the digital nomad lifestyle.
The Thai government expects the new visa program to attract new foreign residents, technologies and talents, contributing to domestic spending and investment while supporting economic growth.
The Thai government has set a target of attracting one million wealthy or talented foreign residents into the country over the next five years.
LTR visa categories:
LTR visas will be offered to four categories of foreigners:
- Wealthy Global Citizens
- Wealthy Pensioners
- Work-from-Thailand Professionals
- Highly Skilled Professionals
Privileges offered:
There are many privileges provided to LTR visa holders, with the aim of making living in Thailand long term easier and less bureaucratic. These privileges include:
- 10 years renewable visa. Permission will be granted to stay in in Thailand the first time for no more than five years. The period of stay can be extended for another 5 years if qualifications are met.
- Discounted personal income tax rate of 17% for Highly-Skilled Professionals on their employment income.
- Permission to work in Thailand and the removal of the requirement for employers to hire four Thai citizens per foreigner, making the process of hiring foreigners easier.
- Fast track service at international airports in Thailand.
- 1 year reporting to Immigration instead of 90 days, and the overall ease of regulations concerning foreign residents.
- When travelling to and from Thailand the visa can be used an unlimited number of times without having to request a visa to re-enter the kingdom.
Targeted groups and qualifications
Both visa categories underline Thailand's commitment to fostering international business relations and promoting a diverse and skilled workforce. They also contribute to the country's economic growth by attracting foreign investments and expertise. Prospective applicants should carefully review the specific requirements for each category to ensure a smooth and compliant application process, or seek guidance from the best Thai business visa agency for a seamless experience.
Wealthy Global Citizen
Wealthy individual with no age requirement
Personal income of at least USD 80,000/ year on average in the past 2 years
Evidence of investment in Thailand in the applicant’s name that has a value of not less than USD 500,000, in any of the following:
- Thai Government bonds with over 5 years of remaining maturity
- Direct investment in a Thai limited company or a Thai public company or investment in a company which operates as a venture capital company or a private equity trust under the Thai SEC or certified by the relevant Thai government agency
- Direct investment in a Thai limited company or a Thai public company or investment in a company which operates as a venture capital company or a private equity trust under the Thai SEC or certified by the relevant Thai government agency Real Estate
A health insurance policy covering medical expenses in Thailand of not less than USD 50,000 with a remaining coverage period of not less than 10 months at the time of issuing the visa qualification endorsement, or social security rights which cover medical expenses in Thailand, or deposits in accounts in Thailand or abroad of not less than USD100,000, which have been held for not less than twelve months
Evidence of financial status, with assets that have a value capable of being assessed, including assets in and outside of Thailand, with a value not less USD 1 million at the time of the application.
Wealthy Pensioner
50+years of age and has the status of a retiree at the date of application submission
Receiving pension and/or personal income of not less than USD 80,000 per year at the date of application submission
In case of pension and/or personal income below USD 80,000/year but not less than USD 40,000/year, applicants must have evidence of investment in Thailand in the applicant’s name that has a value of not less than USD 250,000, in any of the following:
- Thai Government bonds with over 5 years of remaining maturity
- Direct investment in a Thai limited company or a Thai public company or investment in a company which operates as a venture capital company or a private equity trust under the Thai SEC or certified by the relevant Thai government agency Real Estate
A health insurance policy covering medical expenses in Thailand of not less than USD 50,000 with a remaining coverage period of not less than 10 months at the time of issuing the visa qualification endorsement, or social security rights which cover medical expenses in Thailand, or deposits in accounts in Thailand or abroad of not less than USD100,000, which have been held for not less than twelve months.
Work-from-Thailand professional
Remote workers who works for an overseas employer
Personal income on average of not less than USD 80,000/ year in the past 2 years or not less than USD 40,000/year in the past 2 years if they hold a master's degree or above, possess intellectual property or have received Series A funding in a business of not less than USD 1 million
A health insurance policy covering medical expenses in Thailand of not less than USD 50,000 with a remaining coverage period of not less than 10 months at the time of issuing the visa qualification endorsement, or social security rights which cover medical expenses in Thailand, or deposits in accounts in Thailand or abroad of not less than USD 100,000, which have been held for not less than twelve months.
At least 5 years work experience in a field relevant to the current employment in the last 10 years
Current employer must have one of the following characteristics
- A public company listed on the Stock Exchange in any country.
- A private company that has been in operation for at least 3 years and has total combined revenue of more than USD 150 million in the last 3 years.
High-skilled professional
High skilled experts in targeted industries
Personal income on average of not less than USD 80,000/ year in the past 2 years or not less than USD 40,000 in the past 2 years if they hold a master's degree (or equivalent) or above or have special high-skilled expertise relevant to the job assignment in Thailand.
In the case of a retired science and technology expert, they can show evidence of personal income on average of not less than USD 40,000/year for the 2 years prior to retirement.
A health insurance policy covering medical expenses in Thailand of not less than USD 50,000 with a remaining coverage period of not less than 10 months at the time of issuing the visa qualification endorsement, or social security rights which cover medical expenses in Thailand, or deposits in accounts in Thailand or abroad of not less than USD 100,000, which have been held for not less than twelve months.
At least 5 years work experience in the targeted industries in the last 10 years unless the applicant is working for a Thai government agency, state-owned higher education institution, research center or specialized training institution in Thailand or the applicant has a doctorate degree (or equivalent) or above
Experts working for a Thai government agency, state-owned higher education institution, research center or specialized training institution in Thailand are exempted from showing evidence of past income
Application procedures
Foreign entrepreneurs aspiring to establish or engage in business endeavors within Thailand are required to pursue a Thai Non-Immigrant B visa. This visa category serves as a crucial gateway for lawful business operations in the country.
- Register and submit online an application for qualification endorsement for LTR Visa and supporting documents.
- Within 20 working days after having received complete documents, applicants will be notified of the result.
- Qualified applicants may proceed with applying for LTR Visa issuance at the Royal Thai Embassies/the Royal Thai Consulate Generals overseas or Immigration offices in Thailand within 60 days from the issuance date of the endorsement letter. The processing fee for the 10-year visa with multiple entry is 50,000 Baht (approximately USD 1,500) per person.
- Applicants who work in Thailand, may collect digital work permits at the Department of Employment at One Stop Service Center for Visa and Work Permit, Chamchuri Square Building, Bangkok or provincial labour offices. The processing fee is 3,000 Baht per year to maintain a digital work permit.
If you want to know more about your eligibility for an LTR visa, get in touch with us for a free initial consultation.
Best Thailand Long Term Resident (LTR) Visa Agency
Choosing the best Thailand Long Term Resident (LTR) Visa agency is pivotal for a smooth transition to the Land of Smiles. Our unwavering commitment to excellence and personalized service sets us apart as your reliable partner in navigating the complexities of visa acquisition. As your dedicated LTR visa agent in Thailand, we ensure that your journey to Thailand is efficient and tailored to your specific needs. Choose the best Thailand Long Term Resident (LTR) Visa agency for unparalleled support and guidance throughout your journey. Embark on this exciting adventure with confidence, knowing that you have the best team by your side every step of the way.