What is the Thailand LTR Visa?

The LTR Visa is an attractive program designed for high-potential foreigners aiming to establish a long-term presence in Thailand. It offers a 10-year renewable visa, initially granted for 5 years and extendable for another 5 years.  The visa targets four key categories: Wealthy Global Citizens, Wealthy Pensioners, Work-from-Thailand Professionals and Highly-Skilled Professionals. Each category has specific eligibility criteria but with proper documentation and preparation, the application process can be straightforward.

• Simplified work permit processes
• Reduced personal income tax capped17% for Highly-Skilled Professionals
• Annual address reporting instead of every 90 days
• Fast-track immigration at international airports in Thailand
• No requirement for employers to hire four Thai citizens per foreigner
• The ability to include No limit on the number of dependents Include legal spouses, children under 20, parents, and other legal dependents

Why Choose the LTR Visa for for Wealthy Global Citizens?

Thailand stands out as a global hub for affluent individuals due to its unique blend of modern amenities, tropical beauty and a welcoming environment for foreign investors. From the bustling metropolis of Bangkok to the serene beaches of the south, Thailand offers a lifestyle that balances luxury, affordability and cultural immersion. The LTR Visa for Wealthy Global Citizens is tailored to individuals who wish to contribute to Thailand’s economy while enjoying a high quality of life in one of Asia’s most sought-after destinations.

Benefits of Wealthy Global Citizens

• Long-Term Stay: The visa allows you to stay in Thailand for up to 10 years with an initial 5-year permit renewable for another 5 years, provided you maintain eligibility.
• Multiple Entry Privileges: Visa holders can enter and exit Thailand freely without needing re-entry permits, making it perfect for global citizens with international business or travel commitments.
• Fast-Track Airport Services: Benefit from expedited immigration processing at Thailand’s international airports, saving time and enhancing travel convenience.
• Tax Exemptions on Foreign Income: Wealthy Global Citizens enjoy an exemption from Thai income tax on foreign-sourced income (e.g., overseas investments, business earnings or employment income) brought into Thailand. This fiscal advantage enhances Thailand’s appeal as a tax-efficient destination.
• Hassle-Free Immigration: Unlike traditional visas requiring 90-day reporting, the LTR Visa only requires an annual check-in and reducing administrative burdens.
• Family Inclusion: Bring your legal spouse and children under 20 years old, parents and other legal dependents includes same-sex marriages, ensuring your family can join you in Thailand

Who Qualifies for the Wealthy Global Citizens?

To qualify for the LTR Visa under the Wealthy Global Citizen category, applicants must demonstrate significant financial capacity and commitment to investing in Thailand. As of July 2025, the eligibility requirements are designed to ensure applicants can contribute meaningfully to the Thai economy. The following criteria:

General Requirements:

• Valid Passport: Must have at least 6 months of validity at the time of application.
• Passport Photo: 4 cm x 6 cm, taken within the last 6 months, with a neutral expression, white background and no headgear (except for religious purposes).
• For dependents: Marriage certificate, birth certificate, or proof of legal dependency.

Substantial Asset Holdings: Applicants must possess ownership assets worth at least USD 1 million. These assets can include a combination of investments in Thailand (e.g., real estate, government bonds, or company shares) and overseas assets (e.g., property, fixed savings or long-term insurance policies).

Note that assets like cryptocurrencies, artwork, or personal items (e.g., jewelry) are not considered eligible.

Investment in Thailand: A minimum investment of USD 500,000 under the applicant’s name. Applicant must meet one of the following income criteria:

• Thai Government Bond with remaining maturity not less than 5 years or
• Company shareholder list with the latest audited financial reports or
• The letter from a broker certifying the applicant’s ownership of a public stock listed on SET which has been held not less than 1 year or
• Proof of Thai property ownership.

Health Insurance or Savings: Provide one of the following:

The main applicant must provide:

• Coverage for medical expenses in Thailand of at least USD 50,000 (with a minimum of 12 months remaining at the time of application).
• Alternatively, Social Security covering full medical treatment costs in Thailand or
• Proof of savings of at least USD 100,000 in a Thai or foreign bank account, held for at least 12 months.

Dependents must provide:

• Coverage for medical expenses in Thailand of at least USD 50,000 (with a minimum of 12 months remaining at the time of application).
• Alternatively, proof of savings of USD 25,000 per person (spouses, children under 20, parents or other legal dependents) in a Thai or foreign bank account, held for at least 12 months.

How to Get Your LTR Visa Approval Quickly and Easily

The LTR Visa application process involves submitting documents to the Thailand Board of Investment (BOI) and obtaining the visa through Thai Embassies and Consulates or the Thailand Investment and Expat Services Center (TIESC) in Bangkok.

Follow these steps to ensure a fast and smooth approval:

Step 1: Confirm Your Eligibility

• Assess your assets threshold:
  • Compile documentation (e.g., bank statements, property deeds, investment portfolios) to verify you have at least USD 1 million in eligible assets.
• Verify Your Investment in Thailand:
  • Confirm that you have invested or are prepared to invest USD 500,000 in qualifying Thai assets. Such as:
    • Real estate: Provide property titles or purchase agreements or
    • Government bonds: Obtain bond certificates from Thai authorities or
    • Business investments: Submit proof of shareholding in a Thai company.
• The investment must be verifiable and maintained throughout the visa period.

Step 2: Gather Required Documents

Prepare a complete and accurate document package to avoid delays. This includes all documents mentioned above.

Tip: Have all documents translated into English or Thai language and certified. Consider using a visa consultant to pre-screen your application for completeness.

Step 3: Submit Your Application

• Register and create an account on the official LTR Visa online system.
• Complete the online application form.
• Upload the required supporting documents.
• Note: The dependent needs to create a separate account for each person and link their application to the main applicant.
• Processing Time: Your application and supporting documents will be verified by relevant Thai government agencies (Board of Investment, Immigration, etc.) within 20 business days. Incomplete or unclear documents can delay approval. So double-check everything before submission.

Step 4: Obtain Your Visa

• Once approved, you have 60 days to apply for the LTR Visa at
  • A Thai Embassy and Consulate abroad or
  • Thailand Investment and Expat Services Center (TIESC) in Bangkok (if you’re already in Thailand on a valid visa).
• The processing fee for the 10 years multiple-entry visa is THB 50,000(approximately USD 1,500) per person when collecting the LTR Visa in Thailand. Fees may vary if collected overseas.

Step 5: Post-Approval Steps

• Annual Reporting: Report your address annually to Immigration Office.

Maintain Eligibility:

• Ensure you maintain the required income, investment or insurance coverage throughout the visa’s validity to qualify for renewal.

A Lifestyle of Luxury and Freedom

Thailand seamlessly combines modern sophistication with tropical tranquility, offering an ideal setting for affluent global citizens. The LTR Visa unlocks a lifestyle that balances indulgence, adventure and serenity:

• World-Class Living: Choose from luxury apartments in Bangkok, beachfront estates in Hua Hin, or mountain retreats in Chiang Mai. The real estate market offers stunning properties that blend elegant design with affordability.
• Cultural Immersion: Dive into rich heritage, from savoring authentic street food in vibrant markets to exploring ancient temples and festivals. As a long-term resident, you’ll experience a warm hospitality.
• Global Connectivity: With Thailand’s strategic location in Southeast Asia, you’re just a short flight from global hubs like Singapore, Hong Kong, and Dubai. The LTR Visa’s multiple-entry privilege lets you travel freely without re-entry permits, ensures easy international travel.
• Affordable Luxury: Enjoy a high-quality lifestyle, from gourmet dining to wellness retreats at a fraction of the cost compared to Western countries, Thailand delivers exceptional value without compromising quality.

Thailand is more than just a travel destination, it embodies a lifestyle and an inspiring way of living. Investing in property there means embracing a vibrant, dynamic lifestyle rather than simply acquiring real estate.

Ready to make Thailand your long-term home? Partner with Oscoworks, your trusted visa experts, to navigate the LTR Visa process seamlessly. Message us today at info@oscoworks.com or Call/WhatsApp +66(0)841 659 264 to start your journey!